Electricity rates in New Jersey: 23.78¢ per kWh
Homes in New Jersey paid an average of 23.78¢ per kilowatt-hour from August 2025 to July 2026, 32% above the U.S. average of 17.99¢. That is the 12th-highest of 51, between Vermont (23.80¢) and Michigan (21.05¢).
The average New Jersey home used 664 kWh a month — the 14th-least of the 51 — so its typical bill came to $158 a month, the 23rd-highest. At the national rate the same 664 kWh would cost $38 less a month.
In July 2026, the latest month published, the New Jersey rate was 25.19¢.
| Rank | State | Average rate | Latest month | Average home use | Average bill |
|---|---|---|---|---|---|
| 10 | District of Columbia | 24.20¢ | 25.21¢ | 630 kWh/mo | $152/mo |
| 11 | Vermont | 23.80¢ | 23.75¢ | 591 kWh/mo | $141/mo |
| 12 | New Jersey | 23.78¢ | 25.19¢ | 664 kWh/mo | $158/mo |
| 13 | Michigan | 21.05¢ | 23.05¢ | 630 kWh/mo | $133/mo |
| 14 | Maryland | 21.03¢ | 21.41¢ | 945 kWh/mo | $199/mo |
What a month of electricity costs in New Jersey
At 23.78¢ per kWh, every extra 100 kWh a month adds $23.78 to the monthly bill and $285 to the year. The table runs from half to twice the New Jersey average home's 664 kWh, using the same calculation as the calculator above.
| Monthly use | Per month | Per year | vs. U.S. rate (17.99¢) |
|---|---|---|---|
| 350 kWh (half the average) | $83 | $999 | +$20 |
| 664 kWh (state average) | $158 | $1,895 | +$38 |
| 1,000 kWh (1.5× the average) | $238 | $2,854 | +$58 |
| 1,350 kWh (twice the average) | $321 | $3,852 | +$78 |
New Jersey electricity through the year
The average New Jersey home's bill peaked at about $261 in July 2026 and was lowest, about $109, in October 2025. Use ran from 469 kWh in April 2026 to 1,036 kWh in July 2026, 2.2 times as much.
The rate moved too, from 22.55¢ in October 2025 to 25.19¢ in July 2026. A monthly rate includes that month's fuel and seasonal charges, which is why the calculator uses the 12-month average for a yearly estimate.
| Month | Rate | Use per home | Bill per home |
|---|---|---|---|
| Aug 2025 | 24.95¢ | 835 kWh | $208 |
| Sep 2025 | 23.39¢ | 618 kWh | $145 |
| Oct 2025 | 22.55¢ | 482 kWh | $109 |
| Nov 2025 | 22.73¢ | 516 kWh | $117 |
| Dec 2025 | 22.98¢ | 699 kWh | $161 |
| Jan 2026 | 23.13¢ | 753 kWh | $174 |
| Feb 2026 | 23.12¢ | 634 kWh | $147 |
| Mar 2026 | 23.49¢ | 547 kWh | $128 |
| Apr 2026 | 23.53¢ | 469 kWh | $110 |
| May 2026 | 23.27¢ | 546 kWh | $127 |
| Jun 2026 | 24.95¢ | 831 kWh | $207 |
| Jul 2026 | 25.19¢ | 1,036 kWh | $261 |
Largest electricity providers in New Jersey
Among the 5 largest providers listed, average residential rates in 2024 ran from 15.65¢ at Jersey Central Power & Lt Co to 23.41¢ at Atlantic City Electric Co. On the average New Jersey home's 664 kWh that is a difference of $52 a month.
These are 2024 figures, the latest final year. The New Jersey average was 19.34¢ that year and 23.78¢ over the last 12 months, up 23% — compare the providers with each other, not with today's average.
Together they serve 93% of New Jersey's 3,735,638 residential customers. The rates are each company's residential revenue divided by kilowatt-hours sold, so customer charges are included; a plan or tier can still differ.
| Provider | Type | Homes served | Average rate | Use per home |
|---|---|---|---|---|
| Public Service Elec & Gas Co | Investor-owned | 1,966,950 | 20.42¢ | 566 kWh/mo |
| Jersey Central Power & Lt Co | Investor-owned | 964,802 | 15.65¢ | 791 kWh/mo |
| Atlantic City Electric Co | Investor-owned | 472,020 | 23.41¢ | 633 kWh/mo |
| Rockland Electric Co | Investor-owned | 63,679 | 21.04¢ | 928 kWh/mo |
| City of Vineland | Municipal | 22,774 | 17.84¢ | 767 kWh/mo |