Explainer: Impact of National & Global Conditions on Electricity Prices in NY
January 29, 2026
This white paper explains that higher natural gas prices, growing demand from large loads, aging power generation resources, cold weather, and supply chain challenges are placing upward pressure on electricity costs
“The grid is experiencing an unprecedented transition and, along with it, unexpected challenges. A variety of complex and evolving factors are impacting prices that consumers are seeing on their bills,” said Shaun Johnson, Vice President of Market Structures for the New York Independent System Operator. “We know how important it is to provide consumers with information about the factors behind rising energy costs.”
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Please visit our new winter pricing resource page to explain what's behind rising costs.