New Jersey Electricity Price History
Updated monthly • Last reviewed January 15, 2026 • Methodology
This monthly series shows the state-level average residential electricity price in cents per kWh and is intended for trend context.
Trend: Up from 2024-02 (17.65¢/kWh) to 2026-01 (23.13¢/kWh)
Source: U.S. Energy Information Administration (EIA) (updated January 2026)
Showing 24 of 301 months. All history
| Month | Avg rate (¢/kWh) |
|---|---|
| 2024-02 | 17.65 |
| 2024-03 | 18.01 |
| 2024-04 | 18.46 |
| 2024-05 | 18.57 |
| 2024-06 | 19.90 |
| 2024-07 | 20.70 |
| 2024-08 | 20.63 |
| 2024-09 | 19.32 |
| 2024-10 | 19.56 |
| 2024-11 | 19.58 |
| 2024-12 | 19.41 |
| 2025-01 | 19.68 |
| 2025-02 | 19.70 |
| 2025-03 | 19.87 |
| 2025-04 | 20.15 |
| 2025-05 | 20.48 |
| 2025-06 | 24.88 |
| 2025-07 | 25.32 |
| 2025-08 | 24.95 |
| 2025-09 | 23.39 |
| 2025-10 | 22.55 |
| 2025-11 | 22.73 |
| 2025-12 | 22.98 |
| 2026-01 | 23.13 |