How Much Does 500 kWh Cost in New Jersey?

This usage-based electricity page estimates the energy-only cost of 500 kWh in New Jersey using the latest statewide residential average rate.

New Jersey average rate
22.15 ¢/kWh
Estimated 500 kWh cost
$110.75
U.S. average cost
$87.85

Key metrics

MetricValue
New Jersey average rate22.15 ¢/kWh
Estimated 500 kWh cost$110.75
U.S. average cost$87.85

Compared to U.S. average

New Jersey (500 kWh)
$110.75
U.S. (500 kWh)
$87.85
Difference
+$22.90

500 kWh in New Jersey is more expensive by $22.90 compared to the U.S. average.

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Source & Method

Source: U.S. Energy Information Administration (EIA) Retail Sales of Electricity. Last dataset period: February 2026. Costs are energy-only estimates and exclude delivery charges, taxes, and fixed utility fees.

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