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New Jersey electricity prices, October 2025

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

In October 2025, residential customers in New Jersey paid an average of 22.55¢ per kilowatthour, up 15.3% on the same month a year earlier (19.56¢). The US average for the month was 17.97¢; New Jersey was 25% above that. It ranked 12th highest among the 50 states and the District of Columbia.

Residential sales were 1,832,890 MWh, little changed on a year earlier, and the average residential bill for the month was $108.75 on 482 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.

22.55¢residential, per kWh+15.3% on Oct 2024
$108.75average residential bill for the monthon 482 kWh
1.8 TWhresidential sales+0.7% on a year earlier
12thhighest residential price of 51US 17.97¢

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

SectorOct 2025Oct 2024ChangeUS, Oct 2025
Residential22.55¢19.56¢+15.3%17.97¢
Commercial16.27¢14.31¢+13.7%13.49¢
Industrial14.17¢11.28¢+25.6%8.65¢
All sectors18.25¢15.75¢+15.9%13.66¢

Sales and customers

MeasureOct 2025Oct 2024Change
Residential sales1.8 TWh1.8 TWh+0.7%
Sales, all sectors5.2 TWh5.4 TWh-2.5%
Residential customers3,800,5193,749,842+1.4%
Average residential bill$108.75$94.92+14.6%
Average residential use, kWh482485-0.6%
US residential price17.97¢17.09¢+5.1%

The two years to October 2025

0¢10¢20¢30¢Oct 2023Feb 2024Jun 2024Oct 2024Feb 2025Jun 2025Oct 2025

New Jersey residentialUS residential

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

Questions and answers

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

22.55¢ per kilowatthour for residential customers, 16.27¢ for commercial and 14.17¢ for industrial customers. EIA marks the month as preliminary.

How does that compare with a year earlier?

The residential average was 19.56¢ in October 2024, a change of +15.3%. Residential sales changed by +0.7% over the same period.

What was the average residential bill that month?

$108.75, on average use of 482 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.