Electricity Cost in New Jersey
This page summarizes average residential electricity rates and estimated costs for New Jersey. All figures are based on EIA data and use a standard 900 kWh monthly usage for cost estimates.
Average rate
22.15 ¢/kWh
Est. monthly (900 kWh)
$199.35
Est. annual (10,800 kWh)
$2392.20
vs national (monthly)
+$41.22
National avg: 17.57¢/kWh
How New Jersey Compares
State rate
22.15 ¢/kWh
National average
17.57 ¢/kWh
Difference
+26.1%
Category
much higher than national average
Key Insights
- Electricity in New Jersey costs 26% more than the national average.
- New Jersey ranks #11 among U.S. states for electricity prices.
- New Jersey shows an accelerating electricity price trend based on recent historical data.
More Data & Comparisons
- See electricity cost-of-living analysis in New Jersey
- Moving to New Jersey? See estimated electricity costs.
- See electricity price history in New Jersey
- Need usage-based estimates? Try the electricity cost calculator for New Jersey.
- Interested in backup power? See battery recharge cost in New Jersey.
- Compare battery recharge cost with generator operating cost in New Jersey.
- Average electricity bill in New Jersey — Estimated monthly and annual bills
- Full New Jersey knowledge page — Rates, value score, affordability, trends
- Northeast region — Compare with neighboring states
- Rate rankings (high to low)
- Rate rankings (low to high)
- How much does 500 kWh cost? · 1000 kWh · 2000 kWh — Fixed electricity cost examples
- Compare electricity prices between states — See state-to-state electricity comparisons
- New Jersey vs New YorkNew Jersey vs PennsylvaniaNew Jersey vs Ohio
Related electricity pages
Frequently Asked Questions
- What is the average electricity cost in New Jersey?
- The average residential electricity rate in New Jersey is 22.15 cents per kWh. At 900 kWh per month, that translates to an estimated monthly cost of $199.35.
- Is electricity in New Jersey cheaper than the national average?
- Electricity in New Jersey costs about $41.22 more per month than the U.S. national average when using 900 kWh.
- How much does 900 kWh cost in New Jersey?
- At the average rate of 22.15¢/kWh, 900 kWh costs approximately $199.35 per month, or about $2392.20 per year.