New Jersey electricity rates, bills and electric companies

What a kilowatt-hour costs in New Jersey

Over the 12 months from September 2025 to August 2026, New Jersey's residential customers paid an average of 23.74¢ per kWh, 5.70¢ per kWh more than the US average and the 12th highest¹ among the 50 states and DC. That figure is average revenue per kWh: everything homes paid their utility or supplier, divided by the electricity they used. It is not a line on any tariff, and no New Jersey home pays exactly that amount.

The single latest month reads higher because it falls in summer. In August 2026 the residential average was 24.61¢ per kWh (preliminary), 10th highest¹ among the states. For the full year 2025, EIA's final figure is 22.48¢ per kWh³.

Businesses pay above the national average too. Over the same 12 months commercial customers averaged 17.39¢ per kWh (25.4% above the US average) and industrial customers 14.81¢ per kWh (66.2% above the US average¹).

Among New Jersey's 3 neighbors, Delaware averaged 17.98¢ per kWh over the last 12 months and New York 28.60¢ per kWh; 2¹ of the three paid less than New Jersey.

North Dakota 12.35¢Hawaii 44.27¢

Source: EIA, Electric Power Monthly / EIA-861M sales and revenue by state. Each dot is a state. Residential revenue divided by kilowatt-hours sold over the 12 months 2025-09 to 2026-08 (EIA-861M; months since January 2026 preliminary). Average revenue per kWh, all charges included; not a tariff. Period: September 2025 to August 2026.

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State	Residential ¢/kWh, 12 months
Hawaii	44.27¢
California	32.34¢
Massachusetts	30.39¢
Maine	29.60¢
Rhode Island	29.44¢
New York	28.60¢
Connecticut	27.42¢
New Hampshire	26.95¢
Alaska	26.94¢
District of Columbia	24.48¢
Vermont	23.90¢
New Jersey	23.74¢
Michigan	21.28¢
Maryland	21.18¢
Pennsylvania	20.86¢
Illinois	18.91¢
Wisconsin	18.79¢
Ohio	18.41¢
Delaware	17.98¢
Indiana	16.90¢
Virginia	16.64¢
Colorado	16.61¢
Alabama	16.44¢
Minnesota	16.28¢
Texas	15.98¢
South Carolina	15.77¢
Oregon	15.53¢
West Virginia	15.53¢
Florida	15.41¢
Arizona	15.39¢
New Mexico	15.31¢
Georgia	15.17¢
Kansas	15.13¢
Mississippi	14.85¢
North Carolina	14.79¢
South Dakota	14.28¢
Iowa	14.20¢
Washington	14.20¢
Wyoming	14.01¢
Missouri	13.97¢
Kentucky	13.94¢
Montana	13.94¢
Oklahoma	13.81¢
Tennessee	13.61¢
Arkansas	13.57¢
Nevada	13.45¢
Utah	13.26¢
Louisiana	13.02¢
Idaho	12.77¢
Nebraska	12.74¢
North Dakota	12.35¢

The 2025 jump, and a flat year since

New Jersey's annual residential price went from 19.34¢ per kWh in 2024 to 22.48¢ per kWh in 2025, up 16.2%, while the US average rose 4.6%. Over a longer span New Jersey has risen less than most states: even counting the jump, from 2010 to 2025 its price rose 35.7%, the 7th lowest increase among the states, from 16.57¢ per kWh³ in 2010.

Lawrence Berkeley National Laboratory's 2026 review of retail prices reports New Jersey's average retail price up 2.0¢ per kWh from 2024 to 2025, against 1.2¢ per kWh in Pennsylvania and 1.5¢ per kWh in Maryland. The laboratory attributes the regional rise to capacity payments in the PJM wholesale market, which added 0.9¢ per kWh to average wholesale costs in 2025, and to wholesale energy costs that rose 1.7¢ per kWh⁴ as fuel prices climbed.

The monthly figures show the increase arriving as a step in June 2025 rather than a slope. The last 12 months still ran 10.2% above the 12 before, because nine of those months are compared with months before the step. Compared month for month, the change has gone: the August 2026 average of 24.61¢ per kWh was −0.4% against 24.70¢ per kWh in August 2025, the 5th lowest change among the states, while the US average rose 3.4%¹. Monthly 2026 figures are preliminary.

New JerseyUnited States

Source: EIA, Electric Power Monthly / EIA-861M sales and revenue by state. Average revenue per kWh (all charges, nominal dollars), each month; summer and winter months differ by season. Monthly EIA data through August 2026 (released October 23, 2026); months since January 2026 are preliminary.

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Period	New Jersey (¢/kWh)	United States (¢/kWh)
Jan 2022	16.27¢	13.64¢
Feb 2022	15.70¢	13.76¢
Mar 2022	16.86¢	14.41¢
Apr 2022	16.97¢	14.57¢
May 2022	16.93¢	14.89¢
Jun 2022	17.13¢	15.30¢
Jul 2022	17.10¢	15.31¢
Aug 2022	17.24¢	15.82¢
Sep 2022	16.59¢	16.19¢
Oct 2022	16.32¢	15.99¢
Nov 2022	16.19¢	15.55¢
Dec 2022	16.68¢	14.94¢
Jan 2023	16.89¢	15.47¢
Feb 2023	16.97¢	15.98¢
Mar 2023	17.12¢	16.04¢
Apr 2023	17.37¢	16.10¢
May 2023	17.13¢	16.14¢
Jun 2023	18.19¢	16.09¢
Jul 2023	18.42¢	15.86¢
Aug 2023	18.51¢	15.91¢
Sep 2023	17.97¢	16.27¢
Oct 2023	17.46¢	16.48¢
Nov 2023	17.47¢	16.19¢
Dec 2023	17.56¢	15.69¢
Jan 2024	17.82¢	15.41¢
Feb 2024	17.65¢	16.10¢
Mar 2024	18.01¢	16.67¢
Apr 2024	18.46¢	16.86¢
May 2024	18.57¢	16.40¢
Jun 2024	19.90¢	16.38¢
Jul 2024	20.70¢	16.62¢
Aug 2024	20.63¢	16.60¢
Sep 2024	19.32¢	16.82¢
Oct 2024	19.56¢	17.09¢
Nov 2024	19.58¢	16.85¢
Dec 2024	19.41¢	16.27¢
Jan 2025	19.70¢	15.92¢
Feb 2025	19.70¢	16.40¢
Mar 2025	19.65¢	17.03¢
Apr 2025	19.91¢	17.20¢
May 2025	20.24¢	17.33¢
Jun 2025	24.65¢	17.44¢
Jul 2025	25.11¢	17.39¢
Aug 2025	24.70¢	17.57¢
Sep 2025	23.32¢	18.05¢
Oct 2025	22.49¢	17.95¢
Nov 2025	22.68¢	17.77¢
Dec 2025	22.92¢	17.11¢
Jan 2026	23.13¢	17.45¢
Feb 2026	23.12¢	17.65¢
Mar 2026	23.48¢	18.60¢
Apr 2026	23.53¢	18.86¢
May 2026	23.27¢	18.44¢
Jun 2026	24.95¢	18.34¢
Jul 2026	25.19¢	18.31¢
Aug 2026	24.61¢	18.16¢

Why the bill is close to average

The average New Jersey home used 670 kWh a month in 2025, the 15th lowest among the states and well below the US average of 874 kWh. Multiply a high price by modest use and the result was an average bill of $150.59, the 22nd highest in the country. A year earlier the bill had been $128.13⁵; the 17.5% rise to 2025 was the 2nd highest among the states, against 5.9%² nationally.

Few New Jersey homes heat with electricity: 16.2% in the Census Bureau's 2025 survey, against 41.8% nationally, the 7th lowest⁶ share among the states. With most homes heating with other fuels, winter electricity use stays low and summer air conditioning sets the bill. Over the last 12 months use per home peaked at 1,036 kWh in July 2026 and fell to 469 kWh in April 2026, 2.2 times as much. The price per kWh followed, from 22.49¢ per kWh in October 2025 to 25.19¢ per kWh in July 2026. In August 2026 the average bill reached $236.26, the 7th highest¹ in the country for that month.

Households report their bills too. In the Census Bureau's 2025 American Community Survey, the median monthly electricity cost reported by New Jersey households paying for electricity was $176, against $169 nationally; 31.6% reported $250 or more (margin of error ±0.5 percentage points), +5.7 percentage points⁷ on the 2024 survey, a difference between two estimates that has not been tested for significance. These are bills as households recall them, taxes included, not EIA's billing data.

Under $50$50–99$100–149$150–199$200–249$250 or more

New Jersey

United States

Source: Census Bureau, American Community Survey 2025 1-year estimates, table B25132. Households charged for electricity, by the cost they reported for the previous month (American Community Survey 2025, 1-year). Interviews run all year, so this is a typical month, recalled by the household; households whose electricity is included in rent are left out.

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	Under $50	$50–99	$100–149	$150–199	$200–249	$250 or more
New Jersey	7.8%	17.8%	17.3%	13.8%	11.8%	31.6%
United States	5.2%	17.9%	20.7%	16.7%	13.0%	26.6%

PSE&G, JCP&L and Atlantic City Electric: price is not the bill

Three investor-owned utilities carry 97.6% of New Jersey's residential customers on their wires: PSE&G (55.7%), JCP&L (28.2%) and Atlantic City Electric (13.7%). The rest are served by Rockland Electric Co (1.8%), the municipal City of Vineland (0.6%⁸) and smaller systems.

Their 2025 prices for full-service (default) customers differed by 7.45¢ per kWh: 25.84¢ per kWh at Atlantic City Electric, 25.03¢ per kWh at PSE&G and 18.39¢ per kWh at JCP&L. Use per home differed just as much, and in the other direction. PSE&G's default customers used 561 kWh a month, JCP&L's 788 kWh. The result is that the lowest-priced utility did not have the lowest bill: PSE&G's default customers averaged $140.45 a month in 2025, JCP&L's $144.81 and Atlantic City Electric's $164.27⁸.

JCP&L (NJ)18.39¢

PSE&G (NJ)25.03¢

Atlantic City Electric (NJ)25.84¢

Source: EIA-861 annual electric power industry report, 2025 final. EIA-861 2025 final. Average revenue per kWh is all charges divided by kWh; it is not a tariff rate.

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Utility	average residential price (bundled customers)
JCP&L (NJ)	18.39¢
PSE&G (NJ)	25.03¢
Atlantic City Electric (NJ)	25.84¢

PSE&G (NJ)$140.45

JCP&L (NJ)$144.81

Atlantic City Electric (NJ)$164.27

Source: EIA-861 annual electric power industry report, 2025 final. EIA-861 2025 final. Average revenue per kWh is all charges divided by kWh; it is not a tariff rate.

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Utility	average monthly residential bill
PSE&G (NJ)	$140.45
JCP&L (NJ)	$144.81
Atlantic City Electric (NJ)	$164.27

The 2025 increase also landed unevenly. From 2024 to 2025, PSE&G's average price rose 22.6%, JCP&L's 17.5% and Atlantic City Electric's, from a higher starting point, 10.4%⁸. In the latest monthly sample (August 2026¹, preliminary), PSE&G's price was −6.1% against a year earlier, JCP&L's +0.8% and Atlantic City Electric's +0.3%⁹.

Territories overlap at county level. EIA's 2025 service records show two or more utilities in 16 of New Jersey's 21 counties, and 4¹⁰ in Burlington County. A county name is therefore not enough to know the utility; each utility's own service map decides by address. The investor-owned utilities' rates are regulated by the New Jersey Board of Public Utilities.

PSE&G only (of these)JCP&L only (of these)Atlantic City Electric only (of these)Two or more of themOther utilities only

Source: EIA-861 2025, service territory; Census Bureau, Cartographic boundary file, counties. Counties where each utility reports serving customers (EIA-861 service territory, 2025). A utility often serves only part of a county, and several can share one: the map shows where each one is present, not street-level boundaries. Point at a county for every utility listed there.

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County	Utilities reporting service
Atlantic County	Atlantic City Electric
Bergen County	PSE&G, Rockland Electric Co, Borough of Park Ridge
Burlington County	PSE&G, JCP&L, Atlantic City Electric, Borough of Pemberton
Camden County	PSE&G, Atlantic City Electric
Cape May County	Atlantic City Electric
Cumberland County	Atlantic City Electric, City of Vineland
Essex County	PSE&G, JCP&L
Gloucester County	PSE&G, Atlantic City Electric
Hudson County	PSE&G
Hunterdon County	JCP&L
Mercer County	PSE&G, JCP&L
Middlesex County	PSE&G, JCP&L, Borough of South River, Borough of Milltown
Monmouth County	PSE&G, JCP&L
Morris County	PSE&G, JCP&L, Borough of Butler, Borough of Madison
Ocean County	JCP&L, Atlantic City Electric, Seaside Heights Municipal Utility, Borough of Lavallette
Passaic County	PSE&G, JCP&L, Rockland Electric Co, Borough of Butler
Salem County	PSE&G, Atlantic City Electric
Somerset County	PSE&G, JCP&L
Sussex County	JCP&L, Rockland Electric Co, Sussex Rural Electric Cooperative
Union County	PSE&G, JCP&L
Warren County	JCP&L

Default supply, suppliers and delivery charges

New Jersey households keep their utility for delivery but may buy the electricity itself from a third-party supplier. Those who do not choose one stay on Basic Generation Service (BGS), the default supply; according to the official BGS auction site, residential BGS rates are derived from the clearing prices of an annual auction whose results the Board of Public Utilities reviews.

Few households switch. In 2025, 232,158 residential customers, 6.1% of the total, bought from one of 62 suppliers with residential customers, against 15.1% nationally. The share ranged from 4.5% of PSE&G's residential customers to 8.8%⁸ of JCP&L's.

The three parts of the market are separate measurements over different customers and cannot be added. In 2025, default-service customers paid utilities an average of 22.39¢ per kWh for supply and delivery together. Supplier customers paid their suppliers 17.85¢ per kWh for supply alone, and their utilities 6.19¢ per kWh for delivery alone. These are past averages over all plans, not offers. Delivery-only charges vary by utility, from 4.90¢ per kWh at JCP&L to 10.58¢ per kWh⁸ at Atlantic City Electric in 2025. The New Jersey retail choice guide covers how switching works.

JCP&L (NJ)4.90¢

PSE&G (NJ)6.02¢

Atlantic City Electric (NJ)10.58¢

Source: EIA-861 annual electric power industry report, 2025 final. Delivery charges only: what the utility billed customers who buy supply elsewhere, divided by their kWh. Not comparable with bundled prices.

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Utility	delivery-only revenue per kWh (residential)
JCP&L (NJ)	4.90¢
PSE&G (NJ)	6.02¢
Atlantic City Electric (NJ)	10.58¢

Nuclear and gas, and power from outside the state

New Jersey's generation in 2025 split almost evenly between natural gas (49.3%) and nuclear power (45.8%), the 4th highest nuclear share in the country. Coal, which supplied 2.4% in 2015, was at 0.0%, and the state's plants produced no wind or hydro power. Renewables made up 3.6% of generation, tied for lowest among the states, most of it solar (2.6%¹²).

In-state plants generated the equivalent of 82%¹² of New Jersey's retail sales in 2025, so the rest arrives over the regional grid. All three large utilities are in PJM, so the regional wholesale costs described in the LBNL review reach New Jersey bills.

Net-metered rooftop solar is common on homes even though solar is a small share of the state's generation. Utilities reported 219,395 residential net-metering customers in 2025, 58.0 per 1,000 residential customers (11th highest among the states, against 38.1 nationally), and 113.4¹³ per 1,000 in Atlantic City Electric's territory.

Natural gasCoalNuclearHydroWindSolarPetroleumOther

New Jersey, 2025

New Jersey, 2015

United States, 2025

Source: EIA, Net generation by state by type of producer by energy source. Share of net generation by all power plants located in the state (utilities and independent producers), by energy source. Electricity crosses state lines, so this is what the state produces, not exactly what its customers consume. Pumped storage is a net user of power and is left out.

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	Natural gas	Coal	Nuclear	Hydro	Wind	Solar	Petroleum	Other
New Jersey, 2025	49.3%	0.0%	45.8%	0.0%	0.0%	2.6%	0.3%	1.9%
New Jersey, 2015	49.6%	2.4%	44.6%	0.0%	0.0%	0.8%	0.5%	2.2%
United States, 2025	40.9%	16.6%	17.7%	5.5%	10.4%	6.8%	0.4%	1.7%

Meters, outages and help paying

Nearly every New Jersey home now has a smart meter: 96.2% of residential meters were advanced meters in 2025. Time-of-use pricing has not followed: 0.3% of residential customers were on a time-varying rate, against 11.3%¹³ nationally.

New Jersey customers averaged 155 minutes without power in 2025 including major storms and 96 minutes excluding them, with 1.12 interruptions per customer. The average hides a wide gap: JCP&L's customers averaged 391 minutes, PSE&G's 66 minutes and Atlantic City Electric's 80 minutes¹⁴.

PSE&G (NJ)66

Atlantic City Electric (NJ)80

JCP&L (NJ)391

Source: EIA-861 2025, reliability. EIA-861 2025 final. Average revenue per kWh is all charges divided by kWh; it is not a tariff rate.

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Utility	outage minutes per customer (all events)
PSE&G (NJ)	66
Atlantic City Electric (NJ)	80
JCP&L (NJ)	391

For help with bills, New Jersey received $134.6 million from the federal Low Income Home Energy Assistance Program (LIHEAP) for fiscal 2026, or $37.77 per occupied home, 22nd highest among the states; the first fiscal 2027 allocation was $120.1 million¹⁵. The help paying your electric bill guide explains LIHEAP and the utilities' own programs.