Electricity rates in New Jersey
See the latest average electricity prices in New Jersey and estimate your bill with a calculator prefilled with the local residential rate.
$0.25
per kWh · EIA, Jul 2026
Residential
$0.25
per kWh
Commercial
$0.19
per kWh
Industrial
$0.16
per kWh
vs US average
+38%
more expensive
Price rank
#10
of 51 (1 = highest)
Avg monthly bill
$223
at 886 kWh typical usage
How New Jersey compares
Residential price per kWh vs the national average and the cheapest/most expensive states.
Typical electric bills by home size in New Jersey
Estimated energy cost at New Jersey's average residential rate of $0.25/kWh, before fixed charges and tax.
| Home size | Typical usage | Monthly | Yearly |
|---|---|---|---|
| 1-bedroom apartment | ≈ 550 kWh/mo | $138.55 | $1,662.54/yr |
| 2-bedroom home | ≈ 700 kWh/mo | $176.33 | $2,115.96/yr |
| 3-bedroom house | ≈ 900 kWh/mo | $226.71 | $2,720.52/yr |
| 4-bedroom house | ≈ 1150 kWh/mo | $289.69 | $3,476.22/yr |
New Jersey electricity bill calculator
Prefilled with New Jersey's average residential rate. Adjust usage, add fixed charges, or switch to a tiered tariff.
$161.14
600 kWh · ≈ $5.29/day
Per day
$5.29
Per year
$1,933.68
7,200 kWh/yr
Cost breakdown
- Energy94%
- Fixed charge6%
Estimate only. Check your official utility bill for exact charges.
Electricity rates in New Jersey: common questions
New Jersey's average residential electricity price is $0.25 per kWh (EIA, Jul 2026) — about 38% above the US average of $0.18. That ranks #10 of 51 states by residential price (1 = most expensive).
Other states
View all ratesWant the bill side, not just the rate? See the average electric bill in New Jersey by home size.