New Jersey electricity rates and average bill

Residential price, August 2026

Homes in New Jersey paid an average of 24.61¢ per kWh in August 2026, 36% above the U.S. average of 18.16¢. That is the 10th highest among the 50 states and D.C. The price is down 0.4% vs August 2025.

The average New Jersey home12 months to August 2026
Electricity used per month
675 kWh
U.S. average home
875 kWh
Average monthly bill
$160.14

Same usage at the Aug 2026 price$166.00

Bills are revenue divided by customers, so they include the fixed charges and fees utilities collect.

Price over the last 36 months

14.2¢20.3¢26.4¢Sep 2023Mar 2025Aug 202624.61¢
New JerseyU.S. average
Show the monthly numbers
MonthPrice
August 202624.61¢
July 202625.19¢
June 202624.95¢
May 202623.27¢
April 202623.53¢
March 202623.48¢
February 202623.12¢
January 202623.13¢
December 202522.92¢
November 202522.68¢
October 202522.49¢
September 202523.32¢
August 202524.70¢
July 202525.11¢
June 202524.65¢
May 202520.24¢
April 202519.91¢
March 202519.65¢
February 202519.70¢
January 202519.70¢
December 202419.41¢
November 202419.58¢
October 202419.56¢
September 202419.32¢

What everyday things cost in New Jersey

At 24.61¢ per kWh, before any fixed monthly charge:

ItemEnergyCost
1,000 kWh
a round reference amount
1,000 kWh$246.10
Central air conditioner
3.5 kW running 8 hours a day for 30 days
840 kWh$206.72
Space heater
1.5 kW running 8 hours a day for 30 days
360 kWh$88.60
Electric car, 1,000 miles
3.5 miles per kWh with 10% charging losses
317 kWh$78.13
Electric clothes dryer
3 kW, twelve one-hour loads
36 kWh$8.86
LED TV
100 W for 5 hours a day for 30 days
15 kWh$3.69

Thermostat-controlled appliances cycle on and off, so real use is often lower. Price your own appliance.

Rooftop solar in New Jersey

A 1 kW rooftop system near Newark produces about 1,306 kWh a year, according to the NLR PVWatts model. At New Jersey's average price that output is worth about $321 a year per kW. A typical 7 kW system would make about 9,138 kWh, worth about $2,249 a year.

The 30% federal tax credit for solar you buy (Section 25D) ended on December 31, 2025. Work out payback with your own quote.

Estimate your New Jersey bill

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New Jersey compared with the Northeast

StatePriceAverage bill
Pennsylvania21.77¢$175
Vermont23.84¢$141
Connecticut24.51¢$193
New Jersey24.61¢$160
New Hampshire27.64¢$173
Rhode Island28.18¢$162
New York28.65¢$168
Massachusetts30.48¢$183
Maine32.11¢$156

Source: U.S. Energy Information Administration (EIA), residential retail sales, latest month August 2026. Average bill and usage: 12 months to August 2026, computed from EIA revenue, sales and customer counts.

Solar: PVWatts v8 by the National Laboratory of the Rockies, 1 kW fixed roof system, 20° tilt, facing south, 14% losses.

How we calculate. Page updated 2026-11-15.