Electricity rates in New Jersey

Average residential price, typical bill and appliance running costs in New Jersey, from official U.S. Energy Information Administration data.

Official EIA data · August 2026

Average rate, August 2026

24.61¢

per kWh

vs U.S. average

+35.5%

U.S.: 18.16¢

vs a year ago

−0.4%

was 24.70¢

Rank (1 = priciest)

#10 of 51

50 states + DC

What your kWh cost in New Jersey

Electricity used

kWh

Monthly kWh from your bill. 863 kWh is the 2024 U.S. household average.

Electricity rate

EIA average residential price, August 2026. Your bill shows your exact rate.

Energy cost

$162.92

662 kWh × 24.61¢ (New Jersey average)

Per kWh: $0.2461
Per 100 kWh: $24.61
Per 1,000 kWh: $246.10

Average electric bill in New Jersey

2024 (EIA)	New Jersey	U.S.
Monthly use	662 kWh	863 kWh
Average price	19.34¢	16.48¢
Monthly bill	$128.13	$142.26
Residential customers	3,735,638	143,144,185

At the August 2026 rate, the average New Jersey household's 662 kWh would cost about $162.92 a month.

What appliances cost to run in New Jersey

Yearly cost at 24.61¢/kWh. Where marked, the kWh are the average for homes with that appliance in the Middle Atlantic region (EIA RECS 2020); the rest use the example settings on each appliance's page.

Appliance	kWh per year	Cost per year
Space heater	4,320	$1,063.15
Electric water heater *	2,528	$622.14
Window air conditioner	2,095	$515.47
Pool pump *	1,991	$489.99
Electric car *	1,990	$489.74
Hot tub *	1,845	$454.05
Central air conditioner *	1,483	$364.97
Dehumidifier *	993	$244.38
Electric clothes dryer *	628	$154.55
Light bulbs *	597	$146.92
Refrigerator *	565	$139.05
Chest or upright freezer *	518	$127.48
Electric oven *	285	$70.14
TV *	197	$48.48
Ceiling fan *	125	$30.76
Microwave *	97	$23.87

* Regional average from the EIA Residential Energy Consumption Survey.

Where New Jersey ranks

New Jersey is #10 of 51 by average residential rate in August 2026 (1 = most expensive). It is highlighted on the map.

¢ per kWh 12.7–14.4 14.4–15.9 15.9–17.2 17.2–24.5 24.5–47.2

Rate history

Period	New Jersey	U.S.
August 2026	24.61¢	18.16¢
August 2025	24.70¢	17.57¢
Year to date through August 2026	24.09¢	18.19¢
Same period a year earlier	22.32¢	17.03¢
2024 annual average	19.34¢	16.48¢

Nearby states (Middle Atlantic)

State	Rate (August 2026)	Avg. bill (2024)
New York	28.65¢	$139.53
Pennsylvania	21.77¢	$145.17

See electricity rates in all 50 states.

Quick answers

What is the average electricity rate in New Jersey?

The average residential price in New Jersey was 24.61¢ per kWh in August 2026, according to the U.S. Energy Information Administration. That is +35.5% versus the U.S. average of 18.16¢ and ranks #10 of 51 (1 = most expensive).

What is the average electric bill in New Jersey?

In 2024, the average New Jersey household used 662 kWh a month and paid $128.13 a month (EIA). At the August 2026 rate, the same usage would cost about $162.92.

Are electricity prices going up in New Jersey?

The August 2026 average of 24.61¢/kWh compares with 24.70¢ a year earlier (−0.4%). For the year to date through August 2026, the average was 24.09¢, +7.9% versus the same period last year. Prices also change with the season, so compare the same month year over year.

Why is my rate different from the New Jersey average?

The EIA average is total residential revenue divided by kWh sold in the state. Your rate depends on your utility, your plan (fixed, variable or time-of-use) and fixed monthly charges, which weigh more per kWh in low-usage months.

Sources

Last reviewed November 2, 2026. Rates refreshed automatically when EIA publishes a new month.

More calculators

Electricity Rates by State

Average residential price per kWh in every state, updated monthly from the EIA.

Electricity Cost Calculator

What any device costs per hour, day, month and year from its wattage.

kWh to Dollars Calculator

Turn the kWh on your bill into dollars at your state's rate.

See everything

These are estimates. State rates are EIA averages (total residential revenue ÷ kWh sold), so they include fixed monthly charges spread across usage; your own price per kWh, time-of-use rates and taxes can differ. Real appliance use depends on the model, settings, climate and habits.