How much more expensive is electricity in New Jersey?

At 900 kWh/month, electricity in New Jersey costs about $72.90 more per month than in Florida—roughly 34.8% higher.

Why do electricity prices vary between states?

Electricity prices vary due to generation mix (coal, gas, nuclear, renewables), transmission costs, regulations, taxes, and demand. States with more hydropower or natural gas often have lower rates; those relying on imported power or with higher renewable mandates may have higher rates.

Electricity Cost: Florida vs New Jersey

Electricity costs about 35% more in New Jersey than in Florida. A typical monthly bill runs about $137 in Florida vs $209 in New Jersey.

Based on average residential rates from EIA data · 900 kWh of monthly use

Florida rate

15.17 ¢/kWh

New Jersey rate

23.27 ¢/kWh

Florida 900 kWh bill

$136.53

New Jersey 900 kWh bill

$209.43

Is electricity cheaper in Florida or New Jersey?

State	Electricity rate	Estimated monthly bill
Florida	15.17 ¢/kWh	$136.53
New Jersey	23.27 ¢/kWh	$209.43

What the difference adds up to

At a typical 900 kWh a month, a household in New Jersey pays about $72.90 more than one in Florida — about 35% higher, or roughly $875 a year for the same electricity.

Monthly Bill Comparison

Florida vs New Jersey

Frequently Asked Questions

Is electricity cheaper in Florida or New Jersey?: Florida has cheaper electricity. At 900 kWh/month, the estimated bill is $136.53 in Florida vs $209.43 in New Jersey—about 34.8% less.
How much more expensive is electricity in New Jersey?: At 900 kWh/month, electricity in New Jersey costs about $72.90 more per month than in Florida—roughly 34.8% higher.
Why do electricity prices vary between states?: Electricity prices vary due to generation mix (coal, gas, nuclear, renewables), transmission costs, regulations, taxes, and demand. States with more hydropower or natural gas often have lower rates; those relying on imported power or with higher renewable mandates may have higher rates.