New Jersey electricity rates
New Jersey homes paid 24.6¢ per kWh in August 2026 — -0.4% from a year earlier. That is #42 cheapest of 51; the U.S. average was 18.2¢.
New Jersey electricity price trend
Hover or tap the chart for exact monthly values. Source: EIA-861M (monthly, latest months preliminary); forecast: EIA Short-Term Energy Outlook (October 2026) for the Middle Atlantic region, which includes New Jersey, New York, Pennsylvania.
Utilities in New Jersey
5 utilities · 4 report monthlyMonthly home price by utility
Loading chart…
| │ = NJ average, same period | |||||
|---|---|---|---|---|---|
| Public Service Elec & Gas Co. Investor Owned · monthly data |
26.3¢Jan–Aug 2026 |
+9.8% | +28.6% | $115 | 2,056,231 |
| Jersey Central Power & Lt Co. Investor Owned · monthly data |
19.3¢Jan–Aug 2026 |
-19.3% | +23.3% | $124 | 1,038,258 |
| Atlantic City Electric Co. Investor Owned · monthly data |
28.0¢Jan–Aug 2026 |
+17.1% | +19.6% | $148 | 506,488 |
| Rockland Electric Co. Investor Owned · monthly data |
25.2¢Jan–Aug 2026 |
+5.6% | +20% | $195 | 66,360 |
| City of Vineland (NJ) Municipal |
17.8¢2024 |
-6.8% | — | $137 | 22,774 |
Bars: average home price (same color scale as the map). The thin line and “vs. NJ avg.” use the New Jersey average of the same period — 2024 for yearly figures, 2026 so far for monthly ones. “vs. 2024” compares this year’s monthly average with the 2024 annual average. Click a column header to sort. Small utilities that report only totals are left out.
All ZIP codes in New Jersey
Averages, not a quote. Prices here are what each utility’s residential customers paid on average (revenue ÷ kWh sold, fixed charges included), as reported to the U.S. Energy Information Administration. Your own rate depends on your plan, season and usage — check your bill or your utility’s tariff.
Questions
What is the average electricity rate in New Jersey?
24.6¢ per kWh for residential customers in August 2026 (EIA-861M, preliminary); the 12-month average is 23.6¢.
How does New Jersey compare with other states?
New Jersey ranks #42 cheapest of 51 states and D.C. The U.S. average was 18.2¢ in August 2026.
Which utility in New Jersey has the lowest rates?
Among the larger utilities (over 10,000 homes), Jersey Central Power & Lt Co. averaged 15.7¢ per kWh in 2024. Rates depend on the plan; check the utility’s tariff.