EIA data through August 2026 · updated 2026-10-29

Electricity rates in 12308 — Schenectady, NY

Homes in ZIP 12308 pay about 23.7¢ per kWh (Niagara Mohawk Power Corp., Jan–Aug 2026). The New York average is 28.6¢ and the U.S. average 18.2¢ (Aug 2026).

Avg. home price23.7¢per kWh
UtilityNiagara Mohawk Power Corp.
NY average28.6¢Aug 2026
U.S. average18.2¢Aug 2026
Avg. monthly bill$110637 kWh/month, 2024

What a month of electricity costs

500 kWh / month$118
650 kWh / month · avg. use$154
900 kWh / month$213
1,200 kWh / month$284

Monthly cost at the average price of 23.7¢ per kWh. Real bills add or subtract fixed charges, tiers, time-of-use and fuel adjustments.

Where ZIP 12308 is

Outlined: ZIP code area · scroll or pinch to zoom

Utilities serving 12308

UtilityHome priceAvg. billCustomers in NY
Niagara Mohawk Power Corp.
Investor Owned
23.7¢
Jan–Aug 2026
$1101,532,294

Utilities are matched to this ZIP code by NREL’s ZIP–utility table and the EIA service-territory list for Schenectady County; county matches may serve only part of the area. Prices are each utility’s average residential revenue per kWh.

New York price trend

12¢17¢22¢27¢32¢20222023202420252026New York averageU.S. averageNiagara Mohawk Power Corp. 12¢17¢22¢27¢32¢20222023202420252026New York averageU.S. averageNiagara Mohawk Power Corp.
New York averageU.S. averageNiagara Mohawk Power Corp.
Aug 202628.6¢per kWh
vs. 1 year ago+7.5%26.6¢
vs. 5 years ago+43.5%20.0¢
Record high29.9¢May 2026
Avg. home bill$212742 kWh, Aug
EIA forecast, Middle Atlantic25.2¢Dec 2027

Hover or tap the chart for exact monthly values. Source: EIA-861M (monthly, latest months preliminary); forecast: EIA Short-Term Energy Outlook (October 2026) for the Middle Atlantic region, which includes New Jersey, New York, Pennsylvania.

Averages, not a quote. Prices here are what each utility’s residential customers paid on average (revenue ÷ kWh sold, fixed charges included), as reported to the U.S. Energy Information Administration. Your own rate depends on your plan, season and usage — check your bill or your utility’s tariff.

Questions about 12308

How much does electricity cost in 12308?

About 23.7¢ per kWh for homes (Niagara Mohawk Power Corp., Jan–Aug 2026, EIA). At 900 kWh a month that is roughly $213.

Who is the electric utility for 12308?

Niagara Mohawk Power Corp., with about 1,532,294 residential customers in New York.

Is electricity in NY getting more expensive?

The New York residential average was 28.6¢ per kWh in August 2026, up 7.5% from a year earlier; the U.S. average was 18.2¢.