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New Jersey electricity prices, July 2025

Average price, sales and bills for the month against the same month a year earlier and the US. Preliminary

In July 2025, residential customers in New Jersey paid an average of 25.32¢ per kilowatthour, up 22.3% on the same month a year earlier (20.70¢). The US average for the month was 17.45¢; New Jersey was 45% above that. It ranked 9th highest among the 50 states and the District of Columbia.

Residential sales were 4,265,517 MWh, little changed on a year earlier, and the average residential bill for the month was $286.94 on 1,133 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.

25.32¢residential, per kWh+22.3% on Jul 2024
$286.94average residential bill for the monthon 1,133 kWh
4.3 TWhresidential sales0.0% on a year earlier
9thhighest residential price of 51US 17.45¢

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

SectorJul 2025Jul 2024ChangeUS, Jul 2025
Residential25.32¢20.70¢+22.3%17.45¢
Commercial18.36¢15.69¢+17.0%14.05¢
Industrial14.92¢13.05¢+14.3%9.33¢
All sectors21.56¢18.02¢+19.6%14.36¢

Sales and customers

MeasureJul 2025Jul 2024Change
Residential sales4.3 TWh4.3 TWh0.0%
Sales, all sectors8.6 TWh8.5 TWh+1.1%
Residential customers3,763,2843,727,605+1.0%
Average residential bill$286.94$236.99+21.1%
Average residential use, kWh1,1331,145-1.0%
US residential price17.45¢16.62¢+5.0%

The two years to July 2025

0¢10¢20¢30¢Jul 2023Nov 2023Mar 2024Jul 2024Nov 2024Mar 2025Jul 2025

New Jersey residentialUS residential

Cents per kWh, Form EIA-861M.
← June 2025August 2025 →

Questions and answers

What was the average electricity price in New Jersey in July 2025?

25.32¢ per kilowatthour for residential customers, 18.36¢ for commercial and 14.92¢ for industrial customers. EIA marks the month as preliminary.

How does that compare with a year earlier?

The residential average was 20.70¢ in July 2024, a change of +22.3%. Residential sales changed by 0.0% over the same period.

What was the average residential bill that month?

$286.94, on average use of 1,133 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.