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February 3, 2026
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NYISO Pins High Electricity Prices on Global Gas Market
These maps show on- and off-peak average nodal prices across New York state from Jan. 19 to Jan. 29. Over that period, the average off-peak prices were higher than on-peak prices statewide.
These maps show on- and off-peak average nodal prices across New York state from Jan. 19 to Jan. 29. Over that period, the average off-peak prices were higher than on-peak prices statewide. | Yes Energy
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Rising electricity prices in New York are driven by the increased cost of gas because of the ongoing Russia-Ukraine War and increased LNG exports, according to a recent white paper by NYISO.
Energy MarketNatural Gas