PSE&G electric rates, bills and the 2025 increase
PSE&G's 1,978,222 default-service customers in New Jersey paid an average of 25.03¢ per kWh in 2025, for an average bill of $140.45 a month on 561 kWh.1 Over the last 12 months (Sep 2025–Aug 2026) the average was 25.91¢, and 26.85¢ in August 2026.2 Another 94,117 homes on its wires (4.5%) buy their supply elsewhere and pay PSE&G delivery charges averaging 6.02¢ per kWh, plus their supplier's price.
EIA-861 2025 final (released October 7, 2026) and EIA's monthly utility survey through August 2026 (preliminary); next monthly update expected November 24, 2026. Averages are revenue divided by kWh, all charges included: not the rate printed in a tariff.
14 of 21 New Jersey counties served (EIA-861 2025)
PSE&G's default-service homes paid an average of 25.03¢ per kWh in 2025, up 22.6% in one year, the steepest rise among New Jersey's three largest utilities. The average bill, $140.45, still came in below JCP&L's because the typical PSE&G home used only 561 kWh1 a month, and EIA's latest monthly reading (August 20263, preliminary) was lower than a year earlier.
PSE&G's price per kWh: 2025, last 12 months and latest month
Public Service Electric and Gas Company delivers electricity to 2,072,339 homes in New Jersey, 55.7% of the state's residential customers, more than any other utility. 1,978,222 of them also bought their electricity from PSE&G in 2025 on Basic Generation Service (BGS), the default supply for anyone who has not chosen a supplier. Those default-service customers paid an average of 25.03¢ per kWh, the 2nd highest of the 5 New Jersey utilities with 10,000 or more such customers and 11.3% above the New Jersey average1.
The figure is average revenue per kWh: everything those homes were billed for delivery and supply, including the monthly service charge and riders, divided by the kWh they used. Most taxes are excluded. A household using less than average pays more per kWh than this, one using more pays less.
Two more recent readings come from EIA's monthly survey. Over the last 12 months (September 2025 to August 2026) PSE&G's default customers paid 25.91¢ per kWh. In August 20263 alone the average was 26.85¢ per kWh2, a summer month and still preliminary.
Nationally, among the 177 utilities with 100,000 or more residential customers, PSE&G's 2025 average was the 17th highest of 177, against a median of 15.07¢ per kWh, and 40.8% above the national average for investor-owned utilities1.
A one-year jump, then a pause
PSE&G's default price went from 20.42¢ per kWh in 2024 to 25.03¢ per kWh in 2025. Over the same year JCP&L rose 17.5% and Atlantic City Electric 10.4%, so PSE&G closed most of its gap with Atlantic City Electric, which averaged 25.84¢ per kWh. The average bill rose about as fast as the price, from $115.47 to $140.45 (+21.6%), because use per home barely moved (566 kWh4 and 561 kWh1 a month).
Source: EIA-861M monthly sales and revenue by utility; EIA, Electric Power Monthly / EIA-861M sales and revenue by state. Residential revenue divided by kWh in each month, as reported to EIA's monthly survey (EIA-861M; months since January 2026 preliminary). Bundled (default-service) customers only.
Show the numbers
| Month | PSE&G (¢/kWh) | kWh per customer | Bill per customer |
|---|---|---|---|
| January 2025 | 21.08¢ | 641 | $135.23 |
| February 2025 | 20.94¢ | 508 | $106.39 |
| March 2025 | 21.78¢ | 452 | $98.51 |
| April 2025 | 22.43¢ | 392 | $87.84 |
| May 2025 | 22.98¢ | 426 | $97.82 |
| June 2025 | 29.04¢ | 707 | $205.39 |
| July 2025 | 28.68¢ | 955 | $273.90 |
| August 2025 | 28.59¢ | 704 | $201.29 |
| September 2025 | 25.76¢ | 538 | $138.55 |
| October 2025 | 23.70¢ | 404 | $95.69 |
| November 2025 | 23.62¢ | 420 | $99.24 |
| December 2025 | 24.66¢ | 585 | $144.34 |
| January 2026 | 24.71¢ | 665 | $164.27 |
| February 2026 | 24.73¢ | 547 | $135.16 |
| March 2026 | 25.47¢ | 468 | $119.33 |
| April 2026 | 26.21¢ | 389 | $102.06 |
| May 2026 | 26.37¢ | 453 | $119.37 |
| June 2026 | 27.95¢ | 714 | $199.72 |
| July 2026 | 27.80¢ | 906 | $251.98 |
| August 2026 | 26.85¢ | 813 | $218.19 |
Default service combines two separately priced parts. Supply: BGS prices come out of an annual auction, and according to the official BGS auction site, residential BGS rates are derived from its clearing prices. Lawrence Berkeley National Laboratory's 2026 review links the 2025 rise across PJM, the regional grid PSE&G belongs to, to capacity payments that added 0.9¢ per kWh to average wholesale costs and to wholesale energy costs up 1.7¢ per kWh; it puts New Jersey's average retail increase from 2024 to 2025 at 2.0¢ per kWh5. Delivery: the Board of Public Utilities approved a settlement of PSE&G's electric and gas base rate case in October 2024, with new rates from October 15, 2024, so 2025 was the first full year at the new distribution rates; the delivery-only average, described below, rose too.
The monthly data show no second step so far. In August 20263, PSE&G's average of 26.85¢ per kWh was −6.1% against the same month a year earlier, while JCP&L's was +0.8% and Atlantic City Electric's +0.3%2. One preliminary month can be moved by credits or billing timing, so it is a signal, not a trend.
Low use keeps the bill below JCP&L's
PSE&G's homes use less electricity than New Jersey's average of 670 kWh6 a month: 561 kWh for default customers in 2025, against 788 kWh at JCP&L. That is why PSE&G's average bill, $140.45, was lower than JCP&L's $144.811 even though its price per kWh was much higher. Over the last 12 months (September 2025 to August 2026) PSE&G's bill averaged $149.07 for 575 kWh2.
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.
Show the numbers
| Utility | average monthly residential use |
|---|---|
| PSE&G (NJ) | 561 |
| Atlantic City Electric (NJ) | 636 |
| JCP&L (NJ) | 788 |
The utilities do not compete for homes. PSE&G reported customers in 14 counties in 2025, and in 137 of them at least one other utility did too, so the utility's own service map, not the county or town name, decides who delivers to an address.
Source: EIA-861 2025, service territory; Census Bureau, Cartographic boundary file, counties. EIA-861 2025 service territory: 14 counties. Counts whole counties even where the utility serves only part of one; check the utility's own service-area map for an address.
Show the numbers
| County | Other utilities reporting service |
|---|---|
| Bergen County | Rockland Electric Co, Borough of Park Ridge |
| Burlington County | JCP&L, Atlantic City Electric, Borough of Pemberton |
| Camden County | Atlantic City Electric |
| Essex County | JCP&L |
| Gloucester County | Atlantic City Electric |
| Hudson County | none |
| Mercer County | JCP&L |
| Middlesex County | JCP&L, Borough of South River, Borough of Milltown |
| Monmouth County | JCP&L |
| Morris County | JCP&L, Borough of Butler, Borough of Madison |
| Passaic County | JCP&L, Rockland Electric Co, Borough of Butler |
| Salem County | Atlantic City Electric |
| Somerset County | JCP&L |
| Union County | JCP&L |
July and April
The peak comes in summer. Over the last 12 months, use per PSE&G home ranged from 389 kWh in April 2026 to 906 kWh in July 2026, and the average bill in those two months from $102.06 to $251.98. JCP&L's homes peaked higher in the same month, at 1,215 kWh2.
Source: EIA-861M monthly sales and revenue by utility. kWh per residential customer in each month (EIA-861M; months since January 2026 preliminary). The table adds the average bill and price for the month.
Show the numbers
| Month | kWh per customer | Bill per customer | ¢/kWh |
|---|---|---|---|
| September 2025 | 538 | $138.55 | 25.76¢ |
| October 2025 | 404 | $95.69 | 23.70¢ |
| November 2025 | 420 | $99.24 | 23.62¢ |
| December 2025 | 585 | $144.34 | 24.66¢ |
| January 2026 | 665 | $164.27 | 24.71¢ |
| February 2026 | 547 | $135.16 | 24.73¢ |
| March 2026 | 468 | $119.33 | 25.47¢ |
| April 2026 | 389 | $102.06 | 26.21¢ |
| May 2026 | 453 | $119.37 | 26.37¢ |
| June 2026 | 714 | $199.72 | 27.95¢ |
| July 2026 | 906 | $251.98 | 27.80¢ |
| August 2026 | 813 | $218.19 | 26.85¢ |
Delivery charges for supplier customers
Customers who buy supply from a third-party supplier still pay PSE&G for delivery. Few do: 94,117 homes, 4.5%1 of PSE&G's residential customers, in 2025, the lowest share of the three largest utilities.
EIA reports what PSE&G billed those homes separately, and it covers delivery only, so it cannot be compared with the default-service price or added to a supplier's price. In 2025 it averaged 6.02¢ per kWh, up from 5.22¢ per kWh4 in 2024 (+15.3%), or $30.28 a month for 503 kWh. Delivery-only averages fell over the same year at JCP&L (−7.2%) and Atlantic City Electric (−2.6%1).
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.
Show the numbers
| Utility | delivery-only revenue per kWh (residential) |
|---|---|
| JCP&L (NJ) | 4.90¢ |
| PSE&G (NJ) | 6.02¢ |
| Atlantic City Electric (NJ) | 10.58¢ |
Statewide, supplier customers paid their suppliers 17.85¢ per kWh1 for supply alone in 2025, a past average across all plans, not an offer. The New Jersey retail choice guide explains how switching works.
Fewer outage minutes than the rest of New Jersey
PSE&G customers averaged 66 minutes without power in 2025 including major events, fewer than the New Jersey average of 155 minutes, and 43 minutes excluding them, with 0.72 interruptions per customer (IEEE 1366). JCP&L's customers averaged 391 minutes9 including major events.
Smart meters, time-of-use and rooftop solar
96.3%10 of PSE&G's residential meters were advanced meters in EIA's 2025 count. The same 2024 rate-case order approved a voluntary three-period time-of-use rate option for residential customers; PSE&G's tariff sets its hours and prices.
PSE&G homes had 99,181 net-metered solar installations in 2025, totalling 642.3 megawatts. Relative to customers that is 47.9 per 1,000, fewer than at JCP&L (56.6) and Atlantic City Electric (113.410).
Business customers
PSE&G's commercial customers paid 16.76¢ per kWh on average in 2025 and its industrial customers 10.05¢ per kWh, against 25.03¢ per kWh for default-service homes; across all customers the average was 20.88¢ per kWh1. For help with bills, New Jersey's LIHEAP allocation for fiscal 2026 was $134.6 million11; the help paying your electric bill guide lists the programs.
PSE&G rates: common questions
What is PSE&G's electric rate per kWh?
PSE&G's residential customers on default supply paid an average of 25.03¢ per kWh1 in 2025 and 25.91¢ per kWh2 over the last 12 months (September 2025 to August 2026, 2026 months preliminary). That is average revenue per kWh: delivery, Basic Generation Service supply, fixed charges and riders divided by kWh used. It is not a line on the tariff.
What is the average PSE&G electric bill?
$140.45 a month in 2025 for 561 kWh1, up from $115.474 in 2024. Over the last 12 months (September 2025 to August 2026) it averaged $149.07, ranging from $95.69 in October 2025 to $251.98 in July 20262.
Did PSE&G electric rates go up in 2026?
Not in a second step so far. The first months of 2026 averaged more than the same months of 2025, because the June 2025 increase was not yet in the year-earlier figures; from mid-2025 on, the monthly averages have stayed in a similar range. The August 20263 average, 26.85¢ per kWh, was −6.1% against the same month a year earlier (preliminary). The 12-month average, 25.91¢ per kWh2, is higher than the 2025 average of 25.03¢ per kWh1 because it no longer includes the cheaper first months of 2025.
Can I buy electricity from someone other than PSE&G?
Yes. PSE&G always delivers the power, but New Jersey customers may buy the supply from a third-party supplier. In 2025, 4.5%1 of PSE&G's residential customers did; the rest stayed on Basic Generation Service.
Related pages
Sources
- EIA-861 annual electric power industry report, 2025 final; table Sales_Ult_Cust_2025; 2025, final; released October 7, 2026. www.eia.gov
- EIA-861M monthly sales and revenue by utility; table sales_ult_cust_2025 and _2026; released October 23, 2026. www.eia.gov
- EIA, Electric Power Monthly / EIA-861M sales and revenue by state; table sales_revenue.xlsx (EPM Table 5.6.A); January 2001 to 2026-08; months since January 2026 preliminary; released October 23, 2026. www.eia.gov
- EIA-861 annual electric power industry report, 2024 final; table Sales_Ult_Cust_2024; 2024, final (file updated December 3, 2025); released December 3, 2025. www.eia.gov
- Lawrence Berkeley National Laboratory, Retail Electricity Price Trends and Drivers; table July 2026 update; 2025 data. eta-publications.lbl.gov
- EIA-861 2025, average monthly bill by state; table Average_Bill_2025; 2025, final; released October 7, 2026. www.eia.gov
- EIA-861 2025, service territory; table Service_Territory_2025; 2025, final; released October 7, 2026. www.eia.gov
- Census Bureau, Cartographic boundary file, counties; table cb_2025_us_county_5m; cb_2021_us_county_5m; 2025 (2021 for Connecticut). www.census.gov
- EIA-861 2025, reliability; table Reliability_2025; 2025, final; released October 7, 2026. www.eia.gov
- EIA-861 2025, advanced meters, dynamic pricing and net metering; table Advanced_Meters, Dynamic_Pricing, Net_Metering 2025; 2025, final; released October 7, 2026. www.eia.gov
- HHS, LIHEAP funding releases to states; table FY2027 first release; FY2026 final; FY2027 first release (October 9, 2026); FY2026 total; released October 9, 2026. acf.gov
How every figure is built: methodology. Found an error? Write to [email protected]; corrections are listed on the updates page.