Electricity prices in New Jersey
Homes in New Jersey paid an average of 24.61 cents per kilowatt-hour for electricity in August 2026, compared with 24.70 cents a year earlier. Over the 12 months to August 2026 the average was 23.74 cents, the 12th highest of the 50 states and DC. The US average over the same period was 18.04 cents.
Monthly price since 2017
New JerseyUS average
Average residential revenue per kilowatt-hour sold, in cents, each month. Prices usually rise in summer in many states because of tiered and seasonal rates.
Year by year
| Year | Price (cents/kWh) | Average monthly bill | Average monthly use (kWh) | Residential customers |
|---|---|---|---|---|
| 2025 | 22.48 | $151 | 670 | 3,782,912 |
| 2024 | 19.34 | $128 | 662 | 3,735,636 |
| 2023 | 17.70 | $113 | 639 | 3,702,964 |
| 2022 | 16.74 | $114 | 682 | 3,675,567 |
| 2021 | 16.35 | $112 | 687 | 3,648,912 |
| 2020 | 16.03 | $110 | 683 | 3,618,587 |
| 2019 | 15.85 | $105 | 663 | 3,596,835 |
| 2018 | 15.41 | $106 | 690 | 3,568,043 |
| 2017 | 15.65 | $102 | 654 | 3,536,088 |
| 2016 | 15.72 | $109 | 691 | 3,510,140 |
| 2015 | 15.81 | $110 | 696 | 3,489,108 |
| 2014 | 15.78 | $106 | 670 | 3,470,875 |
| 2013 | 15.73 | $108 | 687 | 3,461,107 |
| 2012 | 15.78 | $109 | 691 | 3,455,303 |
| 2011 | 16.23 | $115 | 709 | 3,457,325 |
| 2010 | 16.57 | $121 | 731 | 3,454,840 |
Full calendar years with final EIA data. Bills and use are averages per residential customer account.
Last 24 months
| Month | Price (cents/kWh) | Average bill | Average use (kWh) |
|---|---|---|---|
| August 2026 (preliminary) | 24.61 | $236 | 960 |
| July 2026 (preliminary) | 25.19 | $261 | 1,036 |
| June 2026 (preliminary) | 24.95 | $207 | 831 |
| May 2026 (preliminary) | 23.27 | $127 | 546 |
| April 2026 (preliminary) | 23.53 | $110 | 469 |
| March 2026 (preliminary) | 23.48 | $129 | 548 |
| February 2026 (preliminary) | 23.12 | $147 | 634 |
| January 2026 (preliminary) | 23.13 | $174 | 753 |
| December 2025 | 22.92 | $160 | 699 |
| November 2025 | 22.68 | $117 | 516 |
| October 2025 | 22.49 | $109 | 483 |
| September 2025 | 23.32 | $144 | 619 |
| August 2025 | 24.70 | $209 | 846 |
| July 2025 | 25.11 | $287 | 1,145 |
| June 2025 | 24.65 | $209 | 847 |
| May 2025 | 20.24 | $105 | 517 |
| April 2025 | 19.91 | $97 | 487 |
| March 2025 | 19.65 | $108 | 549 |
| February 2025 | 19.70 | $118 | 601 |
| January 2025 | 19.70 | $144 | 732 |
| December 2024 | 19.41 | $121 | 624 |
| November 2024 | 19.58 | $97 | 497 |
| October 2024 | 19.56 | $95 | 485 |
| September 2024 | 19.32 | $104 | 538 |
Utilities in New Jersey, 2025
Full-service (bundled) residential customers by utility for 2025, from the annual EIA-861 survey. Select a heading to sort.
| Public Service Elec & Gas Co | investor-owned utility | 1,978,222 | 25.03 | $140 |
| Jersey Central Power & Lt Co | investor-owned utility | 955,852 | 18.39 | $145 |
| Atlantic City Electric Co | investor-owned utility | 473,195 | 25.84 | $164 |
| Rockland Electric Co | investor-owned utility | 64,101 | 23.24 | $209 |
| City of Vineland | municipal utility | 22,866 | 18.55 | $138 |
Customers who buy power from a separate supplier
In New Jersey some homes buy electricity from a retail supplier and pay their local utility only for delivery. The delivery and supply figures below each cover only part of those homes' bills, so they cannot be compared with full-service prices.
| Delivery utility | Delivery-only homes | Delivery charge (cents/kWh) |
|---|---|---|
| Public Service Elec & Gas Co | 94,117 | 6.02 |
| Jersey Central Power & Lt Co | 91,835 | 4.90 |
| Atlantic City Electric Co | 35,820 | 10.58 |
| Rockland Electric Co | 2,577 | 7.92 |
| Retail supplier | Homes supplied | Supply price (cents/kWh) |
|---|---|---|
| IDT Energy, Inc. | 42,845 | 12.20 |
| SmartEnergy Holdings, LLC | 33,223 | 22.16 |
| Reliant Energy Northeast LLC | 20,329 | 17.88 |
| Inspire Energy Holdings, LLC | 17,586 | 20.95 |
| Palmco Power NJ, LLC | 11,809 | 24.58 |
| Constellation NewEnergy, Inc | 9,513 | 14.04 |
| CleanChoice Energy, Inc. | 9,134 | 26.53 |
| Direct Energy Services | 6,882 | 16.52 |
| Viridian Energy PA LLC | 6,147 | 18.14 |
| Verde Energy USA | 5,600 | 21.92 |
| Respond Power LLC | 5,412 | 19.78 |
| Residents Energy, LLC | 5,109 | 19.88 |
| Ambit Energy Holdings, LLC | 4,818 | 16.94 |
| Stream Energy New Jersey, LLC | 4,525 | 19.20 |
| North American Power and Gas, LLC | 3,631 | 17.57 |
| Nordic Energy Services, LLC | 3,269 | 20.30 |
| Energy Plus Holdings LLC | 3,247 | 19.09 |
| Energy Services Providers, Inc | 3,206 | 18.44 |
| MPower Energy NJ LLC | 3,181 | 20.73 |
| Think Energy, LLC | 2,950 | 13.58 |
| Median Energy Corp. | 2,663 | 22.68 |
| XOOM Energy New Jersey, LLC | 1,995 | 17.90 |
| Spring Energy RRH LLC | 1,866 | 18.63 |
| National Gas & Electric, LLC | 1,641 | 20.50 |
| SunSea Energy, LLC | 1,589 | 32.32 |
| American Power & Gas | 1,519 | 22.20 |
| Pure Energy USA, LLC | 1,470 | 35.86 |
| Clearview Electric Inc. | 1,421 | 25.16 |
| SFE Energy NJ, Inc. | 1,343 | 15.65 |
| South Bay Energy Corp. | 1,275 | 24.16 |
| Great American Gas & Electric, LLC | 1,265 | 15.29 |
Rooftop solar sold by the kilowatt-hour
Some solar companies own panels on customers' roofs and sell them the power. EIA reports these sales as behind-the-meter. The price covers only the solar power, not the grid power the home also buys.
| Company | Homes | Solar price (cents/kWh) |
|---|---|---|
| Sunrun Inc. | 48,497 | 20.51 |
| Spruce Finance | 14,507 | 12.25 |
| Tesla Inc. | 9,939 | 18.24 |
| SunPower Capital, LLC | 5,732 | 16.77 |
Reliability across New Jersey in 2025: the average customer was without power for 155 minutes over 1.12 interruptions, or 96 minutes excluding major storms and other major event days. This is EIA's state total for utilities reporting under any standard, covering 4,375,060 customers.
If your bill is hard to pay
The federal Low Income Home Energy Assistance Program (LIHEAP) helps with heating and cooling bills. Find your state office on the LIHEAP page. Your state utility commission handles complaints about utility billing and rates.
Sources
- US Energy Information Administration, Annual Electric Power Industry Report, Form EIA-861, 2025 and 2024 detailed data (Sales to Ultimate Customers, Reliability, Service Territory, Average Bill)
- US Energy Information Administration, Electric power sales, revenue, and energy efficiency, Form EIA-861M detailed data (sales_revenue.xlsx), monthly 2010 to August 2026
- US Energy Information Administration, Electric Power Monthly, Table 5.6.A and Table 5.6.B, average price of electricity by state (used to cross-check every state figure for August 2026)
Checked 29 October 2026. Figures for 2026 are preliminary and EIA may revise them. These are statewide averages, not the rate on your bill.