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New Jersey electricity prices, August 2025

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

In August 2025, residential customers in New Jersey paid an average of 24.95¢ per kilowatthour, up 20.9% on the same month a year earlier (20.63¢). The US average for the month was 17.61¢; New Jersey was 42% above that. It ranked 9th highest among the 50 states and the District of Columbia.

Residential sales were 3,148,881 MWh, down 11.9% on a year earlier, and the average residential bill for the month was $208.40 on 835 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.

24.95¢residential, per kWh+20.9% on Aug 2024
$208.40average residential bill for the monthon 835 kWh
3.1 TWhresidential sales-11.9% on a year earlier
9thhighest residential price of 51US 17.61¢

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

SectorAug 2025Aug 2024ChangeUS, Aug 2025
Residential24.95¢20.63¢+20.9%17.61¢
Commercial18.68¢15.77¢+18.5%13.93¢
Industrial15.17¢12.91¢+17.5%9.08¢
All sectors21.20¢17.82¢+19.0%14.22¢

Sales and customers

MeasureAug 2025Aug 2024Change
Residential sales3.1 TWh3.6 TWh-11.9%
Sales, all sectors7 TWh7.6 TWh-8.1%
Residential customers3,770,2803,750,621+0.5%
Average residential bill$208.40$196.68+6.0%
Average residential use, kWh835953-12.4%
US residential price17.61¢16.60¢+6.1%

The two years to August 2025

0¢10¢20¢30¢Aug 2023Dec 2023Apr 2024Aug 2024Dec 2024Apr 2025Aug 2025

New Jersey residentialUS residential

Cents per kWh, Form EIA-861M.
← July 2025September 2025 →

Questions and answers

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

24.95¢ per kilowatthour for residential customers, 18.68¢ for commercial and 15.17¢ for industrial customers. EIA marks the month as preliminary.

How does that compare with a year earlier?

The residential average was 20.63¢ in August 2024, a change of +20.9%. Residential sales changed by -11.9% over the same period.

What was the average residential bill that month?

$208.40, on average use of 835 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.