States › New Jersey
State · 2024 annual, monthly to Jul 2026
New Jersey electricity prices and utilities
Households in New Jersey paid an average of 19.34¢ per kilowatthour for electricity in 2024, 17% above the US average of 16.48¢. That ranks 11th highest of the 50 states and the District of Columbia.
The average residential bill was $128.13 a month on 662 kWh of monthly use (US: $142.26 on 863 kWh), the 33rd highest bill. Residential sales came to 3,110 kWh per resident over the year.
In July 2026, the latest month EIA has published, the residential average was 25.19¢, little changed on July 2025; the US figure for the month was 18.31¢. Monthly figures are preliminary until EIA finalises the year.
67 respondents reported residential customers in New Jersey on the full Form EIA-861 for 2024, and 9 smaller utilities filed the short form, which has no residential breakdown. Investor-owned utilities account for 94.3% of the residential customers reported.
Average price is revenue divided by sales for the sector and year; it is not a tariff rate. Reliability figures are as reported by utilities to EIA on Form 861 and may use different calculation methods. State averages are EIA's own, from Forms EIA-861 and EIA-861M.
Residential price by month
New JerseyUnited States
Monthly pages:Jul 2026Jun 2026May 2026Apr 2026Mar 2026Feb 2026Jan 2026Dec 2025Nov 2025Oct 2025Sep 2025Aug 2025Jul 2025Jun 2025May 2025Apr 2025Mar 2025Feb 2025Jan 2025Dec 2024Nov 2024Oct 2024Sep 2024Aug 2024
Year by year
| Year | Residential ¢ | US ¢ | Commercial ¢ | Industrial ¢ | Monthly bill | kWh a month |
|---|---|---|---|---|---|---|
| 2026 to Jul 2026 | 23.98¢ | 18.19¢ | 17.78¢ | 15.18¢ | $165.10 | 688 |
| 2025 preliminary | 22.63¢ | 17.30¢ | 16.63¢ | 13.90¢ | $150.28 | 664 |
| 2024 | 19.34¢ | 16.48¢ | 14.64¢ | 11.93¢ | $128.13 | 662 |
| 2023 | 17.70¢ | 16.00¢ | 14.00¢ | 11.68¢ | $113.21 | 639 |
| 2022 | 16.74¢ | 15.04¢ | 13.75¢ | 12.12¢ | $114.08 | 682 |
| 2021 | 16.35¢ | 13.66¢ | 12.69¢ | 10.70¢ | $112.39 | 687 |
| 2020 | 16.03¢ | 13.15¢ | 12.35¢ | 10.01¢ | $109.54 | 683 |
| 2019 | 15.85¢ | 13.01¢ | 12.23¢ | 10.16¢ | $105.07 | 663 |
| 2018 | 15.41¢ | 12.87¢ | 12.21¢ | 10.07¢ | $106.28 | 690 |
| 2017 | 15.65¢ | 12.89¢ | 12.28¢ | 10.12¢ | $102.38 | 654 |
| 2016 | 15.72¢ | 12.55¢ | 12.26¢ | 10.16¢ | $108.58 | 691 |
| 2015 | 15.81¢ | 12.65¢ | 12.79¢ | 10.64¢ | $110.04 | 696 |
| 2014 | 15.78¢ | 12.52¢ | 13.15¢ | 11.38¢ | $105.65 | 670 |
| 2013 | 15.73¢ | 12.13¢ | 12.77¢ | 10.80¢ | $108.10 | 687 |
Nominal prices. The five-year change in the residential average is +22.0%. A part-year row covers January to the latest month published, so it is not comparable with full years: winter and summer months weigh differently.
Utilities by average residential price, 2024
Every filing with at least 100 bundled residential customers in New Jersey, highest average price first. Linked utilities have 1,000 or more residential customers. A multi-state utility appears with its New Jersey figures only.
| Utility | Ownership | Residential customers | ¢ per kWh | Monthly bill | SAIDI, all events | SAIDI, no major events |
|---|---|---|---|---|---|---|
| Atlantic City Electric Co | Investor-owned | 506,488 | 23.41¢ | $148.30 | 123.0 | 50.0 |
| Rockland Electric Co | Investor-owned | 66,360 | 21.04¢ | $195.20 | 225.2 | 148.6 |
| Public Service Elec & Gas Co | Investor-owned | 2,056,231 | 20.42¢ | $115.47 | 45.3 | 39.3 |
| City of Vineland | Municipal | 22,774 | 17.84¢ | $136.85 | — | — |
| Jersey Central Power & Lt Co | Investor-owned | 1,038,258 | 15.65¢ | $123.82 | 481.1 | 254.8 |
Energy-only and delivery-only filings
These respondents bill part of the service in New Jersey, so EIA's revenue figure for them is not a whole price and none is listed here.
| Respondent | Ownership | Residential customers |
|---|---|---|
| Inspire Energy Holdings, LLC energy only | Retail power marketers | 26,530 |
| SmartEnergy Holdings, LLC energy only | Retail power marketers | 22,956 |
| Direct Energy Services energy only | Retail power marketers | 18,448 |
| Reliant Energy Northeast LLC energy only | Retail power marketers | 13,872 |
| IDT Energy, Inc. energy only | Retail power marketers | 11,278 |
| CleanChoice Energy, Inc. energy only | Retail power marketers | 11,117 |
| Palmco Power NJ, LLC energy only | Retail power marketers | 7,102 |
| Viridian Energy PA LLC energy only | Retail power marketers | 6,908 |
| Verde Energy USA energy only | Retail power marketers | 6,530 |
| Ambit Energy Holdings, LLC energy only | Retail power marketers | 5,962 |
| Stream Energy New Jersey, LLC energy only | Retail power marketers | 5,307 |
| Constellation NewEnergy, Inc energy only | Retail power marketers | 5,262 |
| Residents Energy, LLC energy only | Retail power marketers | 4,303 |
| North American Power and Gas, LLC energy only | Retail power marketers | 4,140 |
| Energy Plus Holdings LLC energy only | Retail power marketers | 3,654 |
| MPower Energy NJ LLC energy only | Retail power marketers | 3,505 |
| Respond Power LLC energy only | Retail power marketers | 3,118 |
| Energy Services Providers, Inc energy only | Retail power marketers | 2,904 |
| SFE Energy NJ, Inc. energy only | Retail power marketers | 2,767 |
| Median Energy Corp. energy only | Retail power marketers | 2,335 |
| Spring Energy RRH LLC energy only | Retail power marketers | 2,331 |
| XOOM Energy New Jersey, LLC energy only | Retail power marketers | 2,300 |
| Clearview Electric Inc. energy only | Retail power marketers | 2,197 |
| Tomorrow Energy Corp. energy only | Retail power marketers | 2,166 |
| SunSea Energy, LLC energy only | Retail power marketers | 1,871 |
The 25 largest of 62 such filings, by residential customers.
Reliability by utility, 2024
SAIDI: minutes of sustained interruption per customer over the year, including major event days (paler bars: the utility reported only the figure without major event days). Median across 4 New Jersey filings: 174.1 minutes with major event days, 99.3 without. EIA's state total: 174.2 and 99.7 minutes, with SAIFI of 1.12 interruptions per customer. Utilities use differing calculation methods, and a single storm can dominate a small utility's year.
| Year | Median SAIDI, all events | Median SAIDI, no major events | Filings | EIA state total, all events | EIA state total, no major events |
|---|---|---|---|---|---|
| 2024 | 174.1 | 99.3 | 4 | 174.2 | 99.7 |
| 2023 | 109.5 | 85.6 | 4 | 108.3 | 88.5 |
| 2022 | 71.6 | 71.6 | 4 | — | — |
| 2021 | 88.5 | 80.9 | 4 | — | — |
| 2020 | 1,374.9 | 92.0 | 4 | — | — |
| 2019 | 122.2 | 91.6 | 4 | — | — |
| 2018 | 325.3 | 90.6 | 5 | — | — |
| 2017 | 101.8 | 82.5 | 5 | — | — |
| 2016 | 124.5 | 111.6 | 5 | — | — |
| 2015 | 98.5 | 95.1 | 4 | — | — |
| 2014 | 126.4 | 112.3 | 4 | — | — |
| 2013 | 161.0 | 121.0 | 3 | — | — |
Sales by sector, 2024
| Sector | Sales | Share | ¢ per kWh |
|---|---|---|---|
| Residential | 29.7 TWh | 41% | 19.34¢ |
| Commercial | 37.1 TWh | 51% | 14.64¢ |
| Industrial | 6.4 TWh | 9% | 11.93¢ |
| All sectors | 73.5 TWh | 16.29¢ |
Residential sales per resident: 3,110 kWh a year, on a Census population estimate of 9,548,215.
Who serves New Jersey
| Ownership | Filings | Residential customers | Share | Median ¢ |
|---|---|---|---|---|
| Investor-owned utilities | 4 | 3,667,337 | 94.3% | 20.73¢ |
| Retail power marketers | 62 | 198,351 | 5.1% | — |
| Municipal utilities | 1 | 22,774 | 0.6% | 17.84¢ |
Customers as reported by each respondent. Where households buy energy from a retail supplier, the delivery utility and the supplier both report them, so shares describe filings, not households.
Counties
Each county page lists the utilities whose Form EIA-861 service territory includes it.
- Atlantic County 1
- Bergen County 3
- Burlington County 4
- Camden County 2
- Cape May County 1
- Cumberland County 2
- Essex County 2
- Gloucester County 2
- Hudson County 1
- Hunterdon County 1
- Mercer County 2
- Middlesex County 4
- Monmouth County 2
- Morris County 4
- Ocean County 4
- Passaic County 4
- Salem County 2
- Somerset County 2
- Sussex County 3
- Union County 2
- Warren County 1
Questions and answers
What is the average electricity price in New Jersey?
19.34¢ per kilowatthour for residential customers in 2024, against a US average of 16.48¢. Commercial customers averaged 14.64¢ and industrial customers 11.93¢. The latest monthly residential figure is 25.19¢ for July 2026 (preliminary).
What is the average electric bill in New Jersey?
$128.13 a month for residential customers in 2024, on average use of 662 kWh a month. The US average was $142.26 on 863 kWh.
Is electricity getting more expensive in New Jersey?
The average residential price was up 9.3% in 2024 on the year before and up 22.0% on 2019. These are nominal prices, not adjusted for inflation.
How reliable is electric service in New Jersey?
EIA's state total for 2024 is 174.2 minutes of interruption per customer including major event days and 99.7 minutes excluding them, across utilities reporting under any method. The median utility in the state reported 174.1 minutes including major event days.
How many electric utilities serve New Jersey?
67 respondents reported residential customers in New Jersey on the full Form EIA-861 for 2024; 5 of them have a bundled residential price. Another 9 small utilities filed the short form. 21 counties appear in service territories.
Provenance
Source: U.S. Energy Information Administration. State averages, sales and customers by year and month: Form EIA-861M sales and revenue workbook, through July 2026. Utility rows, reliability and service territories: Form EIA-861, 2024 final release. Population: U.S. Census Bureau Vintage 2025 estimates. Public domain. See methodology.