PSEG Long Island electric rates
Updated October 7, 2026 · Source: EIA Form 861 (2024), 2026 LIPA budget (Board adopted Dec 18, 2025)
State utility serving 1,029,955 homes in New York.
Your rate
New York is a retail-choice state: this utility's rate case sets the delivery part of your bill. The supply part comes from your chosen supplier or the default service rate.
Estimate your bill
It's on your bill, usually near the top. Starting at 739 kWh, the average for PSEG Long Island homes.
This is an estimate. Uses the EIA average rate with a nominal $12 fixed charge; real tariffs have tiers, time-of-use pricing and riders. Your bill also includes taxes and fuel adjustments that change month to month.
Rate cases
| Docket | Status | Filed | Requested | Approved | Effective |
|---|---|---|---|---|---|
| 2026 LIPA budget (Board adopted Dec 18, 2025) | Approved | November 1, 2025 | -3.3% | -3.3% | January 1, 2026 |
2026 LIPA budget (Board adopted Dec 18, 2025): LIPA's board adopted a $4.4 billion operating and $1 billion capital budget on December 18, 2025 that lowers the typical residential bill by $6.53 (3.3%) versus 2025, driven by a $219 million drop in budgeted power supply costs and $17 million of PSEG Long Island management fee savings; delivery rates stayed essentially flat. Note the monthly Power Supply Charge, reset outside this process, rose sharply in early 2026. Source
Rate history
PSEG Long Island's average rate is up 16% since 2020, versus +28% for the U.S. average.
Average residential revenue per kWh, EIA-861. Includes delivery and, where the utility sells it, supply.
Rebates for heat pumps, batteries and EV chargers
We haven't found utility-level rebates for PSEG Long Island yet. Check New York programs or read what's left after the federal credits ended.
About PSEG Long Island
- Legal name
- Long Island Power Authority (LIPA)
- Ownership
- State
- Homes served
- 1,029,955 residential customers (2024)
- Grid operator
- NYIS
- Retail choice
- Yes — you can pick a supplier for the energy portion
- Data
- EIA-861 2024, released October 7, 2026; rate cases checked October 7, 2026
Other utilities in New York
- Con Edison 34.24¢
- National Grid (Upstate New York) 16.67¢
- NYSEG 17.75¢
- RG&E 17.76¢
- Central Hudson 23.85¢
- Orange & Rockland 21.42¢
- Village of Fairport 6.69¢
- Jamestown Board of Public Util 8.43¢