States › New Jersey › March 2025
New Jersey electricity prices, March 2025
Average price, sales and bills for the month against the same month a year earlier and the US. Preliminary
In March 2025, residential customers in New Jersey paid an average of 19.87¢ per kilowatthour, up 10.3% on the same month a year earlier (18.01¢). The US average for the month was 17.09¢; New Jersey was 16% above that. It ranked 12th highest among the 50 states and the District of Columbia.
Residential sales were 2,020,293 MWh, up 11.2% on a year earlier, and the average residential bill for the month was $107.04 on 539 kWh. Weather moves monthly sales far more than prices do, so bills swing with the season.
EIA marks this month as preliminary. Preliminary months come from the Form EIA-861M sample and are revised when the annual census is complete.
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. Monthly figures come from the Form EIA-861M sample and are revised when EIA finalises the year.
Price by sector
| Sector | Mar 2025 | Mar 2024 | Change | US, Mar 2025 |
|---|---|---|---|---|
| Residential | 19.87¢ | 18.01¢ | +10.3% | 17.09¢ |
| Commercial | 15.66¢ | 13.90¢ | +12.7% | 13.16¢ |
| Industrial | 12.90¢ | 11.65¢ | +10.7% | 8.26¢ |
| All sectors | 16.94¢ | 15.02¢ | +12.8% | 13.23¢ |
Sales and customers
| Measure | Mar 2025 | Mar 2024 | Change |
|---|---|---|---|
| Residential sales | 2 TWh | 1.8 TWh | +11.2% |
| Sales, all sectors | 5.4 TWh | 5.5 TWh | -1.1% |
| Residential customers | 3,750,476 | 3,711,430 | +1.1% |
| Average residential bill | $107.04 | $88.20 | +21.4% |
| Average residential use, kWh | 539 | 490 | +10.0% |
| US residential price | 17.09¢ | 16.67¢ | +2.5% |
The two years to March 2025
New Jersey residentialUS residential
Questions and answers
What was the average electricity price in New Jersey in March 2025?
19.87¢ per kilowatthour for residential customers, 15.66¢ for commercial and 12.90¢ for industrial customers. EIA marks the month as preliminary.
How does that compare with a year earlier?
The residential average was 18.01¢ in March 2024, a change of +10.3%. Residential sales changed by +11.2% over the same period.
What was the average residential bill that month?
$107.04, on average use of 539 kWh. This is residential revenue divided by residential customers for the month.
Provenance
Source: U.S. Energy Information Administration, Form EIA-861M sales and revenue workbook (state by sector and month), status "Preliminary" for this month, series published through July 2026. Public domain. Price = revenue ÷ sales; bill = residential revenue ÷ residential customers. Utility-level annual figures are on the New Jersey page.