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New Jersey Electricity Rates

Average price of electricity in New Jersey, July 2026, from the U.S. Energy Information Administration. Recent months are preliminary.

Residential
25.19¢/kWh
July 2026
Commercial
19.17¢/kWh
July 2026
Industrial
15.63¢/kWh
July 2026
Average home bill
$151/mo
2025, 670 kWh a month

New Jersey electricity prices, 5 years

Average cents per kilowatt-hour by month

ResidentialCommercialIndustrial
Show as a table
PeriodResidential
Jul 202625.19¢
Dec 202522.98¢
Dec 202419.41¢
Dec 202317.56¢
Dec 202216.68¢
Dec 202115.97¢

Residential price by month

Cents per kWh, homes, and change from the same month a year earlier

Swipe the table sideways to see more columns.

MonthPrice1 year changeCustomers
Jul 202625.19¢/kWh-0.5%3,825,360
Jun 202624.95¢/kWh+0.3%3,828,101
May 202623.27¢/kWh+13.6%3,813,215
Apr 202623.53¢/kWh+16.8%3,814,748
Mar 202623.49¢/kWh+18.2%3,818,239
Feb 202623.12¢/kWh+17.4%3,806,163
Jan 202623.13¢/kWh+17.5%3,810,915
Dec 202522.98¢/kWh+18.4%3,816,944
Nov 202522.73¢/kWh+16.1%3,781,919
Oct 202522.55¢/kWh+15.3%3,800,519
Sep 202523.39¢/kWh+21.1%3,802,841
Aug 202524.95¢/kWh+20.9%3,770,280
Jul 202525.32¢/kWh+22.3%3,763,284
Jun 202524.88¢/kWh+25.0%3,765,123
May 202520.48¢/kWh+10.3%3,754,172
Apr 202520.15¢/kWh+9.2%3,753,861
Mar 202519.87¢/kWh+10.3%3,750,476
Feb 202519.70¢/kWh+11.6%3,748,479
Jan 202519.68¢/kWh+10.4%3,744,019
Dec 202419.41¢/kWh+10.5%3,752,959
Nov 202419.58¢/kWh+12.1%3,744,063
Oct 202419.56¢/kWh+12.0%3,749,842
Sep 202419.32¢/kWh+7.5%3,745,283
Aug 202420.63¢/kWh+11.5%3,750,621

Electric utilities in New Jersey

Largest by customers, 2025. Price and bill are for homes served with bundled generation and delivery

All 26

Swipe the table sideways to see more columns.

UtilityCustomersHome priceHome bill
Public Service Elec & Gas CoInvestor Owned2,405,80525.03¢/kWh$140/mo
Jersey Central Power & Lt CoInvestor Owned1,181,66518.39¢/kWh$145/mo
Atlantic City Electric CoInvestor Owned575,42225.84¢/kWh$164/mo
Rockland Electric CoInvestor Owned76,40723.24¢/kWh$209/mo
Sunrun Inc.Behind the Meter48,49720.51¢/kWh$118/mo
City of Vineland - (NJ)Municipal25,97518.55¢/kWh$138/mo
Spruce FinanceBehind the Meter14,50712.25¢/kWh$99/mo
Sussex Rural Electric Coop IncCooperative12,201Not reportedNot reported
Borough of Butler - (NJ)Municipal11,849Not reportedNot reported
Tesla Inc.Behind the Meter10,01518.24¢/kWh$101/mo
Borough of Madison - (NJ)Municipal6,894Not reportedNot reported
Borough of South River - (NJ)Municipal6,547Not reportedNot reported
SunPower Capital, LLCBehind the Meter5,73216.77¢/kWh$131/mo
Borough of Park Ridge - (NJ)Municipal4,032Not reportedNot reported
Seaside Heights Municipal Utility (NJ)Municipal3,222Not reportedNot reported
Borough of Milltown - (NJ)Municipal3,181Not reportedNot reported
Borough of Lavallette - (NJ)Municipal2,563Not reportedNot reported
Borough of Pemberton - (NJ)Municipal788Not reportedNot reported
Palmetto Solar, LLCBehind the Meter71919.81¢/kWh$86/mo
EverBright, LLCBehind the Meter63817.35¢/kWh$109/mo
TerraForm US Energy Services, LLCBehind the Meter130Not reportedNot reported
Greenskies Renewable Energy, LLCBehind the Meter36Not reportedNot reported
Ahana Renewables, LLCBehind the Meter24Not reportedNot reported
Greenbacker Renewable Energy CorporationBehind the Meter1Not reportedNot reported
Scale Sustainable I, LLCBehind the Meter1Not reportedNot reported

Price is revenue divided by kilowatt-hours sold. Where customers can choose a retail electricity supplier, the utility that delivers power may report only delivery charges, so its price can look lower than what customers pay in total.

Frequently asked questions

What is the average electricity rate in New Jersey?
Homes in New Jersey paid an average of 25.19¢/kWh per kilowatt-hour in July 2026, compared with 25.32¢/kWh a year earlier. The U.S. average was 18.31¢/kWh.
Is electricity expensive in New Jersey?
New Jersey had the 10th highest average residential price of 51 states and DC in July 2026.
What is the average electric bill in New Jersey?
The average New Jersey home used 670 kWh a month and paid $150.59 a month in 2025, according to EIA.
What is the largest electric utility in New Jersey?
Public Service Elec & Gas Co serves the most customers in New Jersey, about 2,405,805 in 2025.

Source: U.S. Energy Information Administration, Form EIA-861M and Form EIA-861 · Data for July 2026