New Jersey Electricity Rates & Prices

23.27¢
per kWh (avg residential)
$209
est. monthly bill at 900 kWh
High
rate tier
-0.26¢ (-1.10%)
month-over-month change

The typical New Jersey home pays about 23.27¢ per kilowatt-hour — roughly $209 a month at average usage. The figures here reflect the latest EIA reporting and show how New Jersey electricity prices compare to the national average, plus what's pushing them up or down.

Data status: freshDataset last updated Aug 17, 2026 (UTC). The U.S. Energy Information Administration (EIA) publishes monthly state data with a reporting lag, so the rates above reflect May 2026 activity. · Source: U.S. Energy Information Administration (EIA) · Methodology

New Jersey's average residential electricity price is 23.27¢/kWh for the latest complete EIA reporting month (May 2026). This places New Jersey in the high rate tier compared with other states. At 900 kWh of monthly usage, the estimated electricity bill is about $209.43 at the all-in average rate.

How New Jersey compares nationally

Low <15¢Medium 15–22¢High >22¢U.S. average: 18.44¢/kWh
US electricity rates by stateHighest: Hawaii at 52¢/kWh. Lowest: Idaho at 12.35¢/kWh. U.S. average: 18.44¢/kWh.Alabama: 16.77¢/kWh — 9% below the U.S. averageAlaska: 28.23¢/kWh — 53% above the U.S. averageArizona: 15.23¢/kWh — 17% below the U.S. averageArkansas: 14.36¢/kWh — 22% below the U.S. averageCalifornia: 33.25¢/kWh — 80% above the U.S. averageColorado: 16.16¢/kWh — 12% below the U.S. averageConnecticut: 27.37¢/kWh — 48% above the U.S. averageDelaware: 19.38¢/kWh — 5% above the U.S. averageDistrict of Columbia: 25.4¢/kWh — 38% above the U.S. averageFlorida: 15.17¢/kWh — 18% below the U.S. averageGeorgia: 15.84¢/kWh — 14% below the U.S. averageHawaii: 52¢/kWh — 182% above the U.S. averageIdaho: 12.35¢/kWh — 33% below the U.S. averageIllinois: 23.85¢/kWh — 29% above the U.S. averageIndiana: 18.15¢/kWh — 2% below the U.S. averageIowa: 14.14¢/kWh — 23% below the U.S. averageKansas: 15.13¢/kWh — 18% below the U.S. averageKentucky: 14.98¢/kWh — 19% below the U.S. averageLouisiana: 14.15¢/kWh — 23% below the U.S. averageMaine: 28.63¢/kWh — 55% above the U.S. averageMaryland: 21.77¢/kWh — 18% above the U.S. averageMassachusetts: 28.82¢/kWh — 56% above the U.S. averageMichigan: 22.01¢/kWh — 19% above the U.S. averageMinnesota: 16.95¢/kWh — 8% below the U.S. averageMississippi: 16.16¢/kWh — 12% below the U.S. averageMissouri: 13.68¢/kWh — 26% below the U.S. averageMontana: 14.67¢/kWh — 20% below the U.S. averageNebraska: 13.59¢/kWh — 26% below the U.S. averageNevada: 13.6¢/kWh — 26% below the U.S. averageNew Hampshire: 27.33¢/kWh — 48% above the U.S. averageNew Mexico: 14.12¢/kWh — 23% below the U.S. averageNew York: 29.93¢/kWh — 62% above the U.S. averageNorth Carolina: 15.09¢/kWh — 18% below the U.S. averageNorth Dakota: 13.61¢/kWh — 26% below the U.S. averageOhio: 19.52¢/kWh — 6% above the U.S. averageOklahoma: 13.38¢/kWh — 27% below the U.S. averageOregon: 16.27¢/kWh — 12% below the U.S. averagePennsylvania: 21.55¢/kWh — 17% above the U.S. averageRhode Island: 29.46¢/kWh — 60% above the U.S. averageSouth Carolina: 16.18¢/kWh — 12% below the U.S. averageSouth Dakota: 15.73¢/kWh — 15% below the U.S. averageTennessee: 14.47¢/kWh — 22% below the U.S. averageTexas: 16.44¢/kWh — 11% below the U.S. averageUtah: 12.96¢/kWh — 30% below the U.S. averageVermont: 24.89¢/kWh — 35% above the U.S. averageVirginia: 17.61¢/kWh — 5% below the U.S. averageWashington: 14.95¢/kWh — 19% below the U.S. averageWest Virginia: 16.8¢/kWh — 9% below the U.S. averageWisconsin: 19.74¢/kWh — 7% above the U.S. averageWyoming: 14.8¢/kWh — 20% below the U.S. averageNew Jersey: 23.27¢/kWh — 26% above the U.S. averageALAKAZARCACOCTDEDCFLGAHIIDILINIAKSKYLAMEMDMAMIMNMSMOMTNENVNHNJNMNYNCNDOHOKORPARISCSDTNTXUTVTVAWAWVWIWY
At 23.27¢/kWh, New Jersey is about 26% above the U.S. average. Green is cheaper, red is costlier — hover any state to compare.

New Jersey electricity prices, last 12 months

From June 2025 to May 2026, the average residential rate moved −1.61¢/kWh. Monthly figures are EIA state averages; the change column is versus the prior month.

MonthAvg rate (¢/kWh)Change
May 202623.27−0.26¢
April 202623.53+0.04¢
March 202623.49+0.37¢
February 202623.12−0.01¢
January 202623.13+0.15¢
December 202522.98+0.25¢
November 202522.73+0.18¢
October 202522.55−0.84¢
September 202523.39−1.56¢
August 202524.95−0.37¢
July 202525.32+0.44¢
June 202524.88+4.40¢

New Jersey electricity price history has the full monthly record and year-over-year comparisons.

New Jersey rates have risen 45.9% over the past five years. The year-by-year record, with the change for each year, is on New Jersey electricity price history: up 45.9% in 5 years.

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Quick New Jersey bill estimate

Est. New Jersey electricity cost: $209.43

Fees are already included: this uses the all-in average rate — energy, delivery, and utility fees together, not just the electricity. See what's inside the all-in rate.

New Jersey electricity cost calculator · National electricity cost calculator for any kWh amount

Major utilities in New Jersey

Choosing a supplier in New Jersey

New Jersey has a competitive retail electricity market. The regulated utility still owns the wires and delivers the power, but the supply portion of the bill can come from the utility's regulated default rate — called Basic Generation Service in New Jersey — or from a licensed third-party supplier. The EIA average above blends both, so an individual bill can sit above or below it depending on the supply contract.

Electricity providers in New Jersey · New Jersey plan types · How to compare electricity plans

Scores & rankings

72
Affordability (Affordable)
74
Value Score™ (Strong)
126
Price Index™ (Above National Average)

Value ranking · Price Index ranking · Affordability index

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Similar-priced states

Northeast region

Price drivers (qualitative)

No drivers published yet. View all price drivers.

Regulatory signals

  • Open rate cases: 0
  • No regulatory events tracked yet.

View regulatory overview for New Jersey

FAQ

What is the average residential electricity price in New Jersey?

New Jersey's average residential electricity rate is 23.27¢/kWh (EIA, May 2026).

How is the New Jersey bill estimate calculated?

Monthly kWh × 23.27¢/kWh ÷ 100, using New Jersey's EIA all-in average residential rate (delivery included).

Does the New Jersey rate include delivery fees and taxes?

Yes for delivery and utility fees: New Jersey's all-in rate of 23.27¢/kWh already includes delivery (T&D), fixed charges, and other utility fees. Locally billed taxes vary by area and utility within New Jersey.

Is electricity in New Jersey cheaper than the U.S. average?

At 23.27¢/kWh, New Jersey is 26% above the U.S. average of 18.44¢/kWh — the EIA's U.S.-total residential price — which places New Jersey in the high rate tier.

More about electricity in New Jersey

Why prices vary by state · Common questions · 1,000 kWh bill · 1,500 kWh bill

Methodology & data

Average residential electricity price in cents per kWh from the published state-level dataset. Values are used as a reference benchmark for comparison and estimation.

Estimates use the EIA all-in average residential rate — energy, delivery, fixed charges, and utility fees together, not just the electricity itself. Fees are inside the rate, not an extra on top; how your own bill splits fixed versus per-kWh charges varies by utility.

Full methodology · Data policy · Source data

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See your exact bill in New Jersey

Set your own usage to match your home — fees included. Then compare the retail plans available in New Jersey.

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