What is the average electricity cost in New Jersey?

The average residential electricity rate in New Jersey is 23.49 cents per kWh. At 900 kWh per month, that translates to an estimated monthly cost of $211.41.

Is electricity in New Jersey cheaper than the national average?

Electricity in New Jersey costs about $40.05 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 23.49¢/kWh, 900 kWh costs approximately $211.41 per month, or about $2536.92 per year.

Electricity Cost in New Jersey

The average residential electricity rate in New Jersey is 23.49¢ per kWh. At 900 kWh/month, that works out to about $211 per month or $2537 per year.

Rates from EIA data · 900 kWh standard usage benchmark

Average rate

23.49 ¢/kWh

Est. monthly (900 kWh)

$211.41

Est. annual (10,800 kWh)

$2536.92

vs national (monthly)

+$40.05

National avg: 19.04¢/kWh

How New Jersey Compares

State rate

23.49 ¢/kWh

National average

19.04 ¢/kWh

Difference

+23.4%

Key Insights

Electricity in New Jersey costs 23% more than the national average.
New Jersey ranks #12 among U.S. states for electricity prices.
New Jersey shows an accelerating electricity price trend based on recent historical data.

More Data & Comparisons

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Frequently Asked Questions

What is the average electricity cost in New Jersey?: The average residential electricity rate in New Jersey is 23.49 cents per kWh. At 900 kWh per month, that translates to an estimated monthly cost of $211.41.
Is electricity in New Jersey cheaper than the national average?: Electricity in New Jersey costs about $40.05 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 23.49¢/kWh, 900 kWh costs approximately $211.41 per month, or about $2536.92 per year.