Electricity rates in 07008 — Carteret, NJ
Homes in ZIP 07008 pay about 26.3¢ per kWh (Public Service Elec & Gas Co., Jan–Aug 2026). The New Jersey average is 24.6¢ and the U.S. average 18.2¢ (Aug 2026).
What a month of electricity costs
Monthly cost at the average price of 26.3¢ per kWh. Real bills add or subtract fixed charges, tiers, time-of-use and fuel adjustments.
Where ZIP 07008 is
Outlined: ZIP code area · scroll or pinch to zoomUtilities serving 07008
| Utility | Home price | Avg. bill | Customers in NJ |
|---|---|---|---|
| Public Service Elec & Gas Co. Investor Owned | 26.3¢ Jan–Aug 2026 | $115 | 2,056,231 |
| Jersey Central Power & Lt Co. Investor Owned · serves Middlesex County | 19.3¢ Jan–Aug 2026 | $124 | 1,038,258 |
| Borough of South River (NJ) Municipal · serves Middlesex County | 21.9¢ 2024 | $168 | 6,502 |
| Borough of Milltown (NJ) Municipal · serves Middlesex County | 18.2¢ 2024 | $197 | 2,994 |
Utilities are matched to this ZIP code by NREL’s ZIP–utility table and the EIA service-territory list for Middlesex County; county matches may serve only part of the area. Prices are each utility’s average residential revenue per kWh.
New Jersey 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.
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 about 07008
How much does electricity cost in 07008?
About 26.3¢ per kWh for homes (Public Service Elec & Gas Co., Jan–Aug 2026, EIA). At 900 kWh a month that is roughly $236.
Who is the electric utility for 07008?
Public Service Elec & Gas Co., with about 2,056,231 residential customers in New Jersey; 3 other utilities also serve parts of the area.
Is electricity in NJ getting more expensive?
The New Jersey residential average was 24.6¢ per kWh in August 2026, down 0.4% from a year earlier; the U.S. average was 18.2¢.