States › New Jersey › January 2026
New Jersey electricity prices, January 2026
Average price, sales and bills for the month against the same month a year earlier and the US. Preliminary
In January 2026, residential customers in New Jersey paid an average of 23.13¢ per kilowatthour, up 17.5% on the same month a year earlier (19.68¢). The US average for the month was 17.45¢; New Jersey was 33% above that. It ranked 12th highest among the 50 states and the District of Columbia.
Residential sales were 2,869,810 MWh, up 5.1% on a year earlier, and the average residential bill for the month was $174.15 on 753 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 | Jan 2026 | Jan 2025 | Change | US, Jan 2026 |
|---|---|---|---|---|
| Residential | 23.13¢ | 19.68¢ | +17.5% | 17.45¢ |
| Commercial | 17.41¢ | 15.18¢ | +14.7% | 13.64¢ |
| Industrial | 16.27¢ | 13.68¢ | +18.9% | 9.29¢ |
| All sectors | 19.77¢ | 16.93¢ | +16.8% | 14.17¢ |
Sales and customers
| Measure | Jan 2026 | Jan 2025 | Change |
|---|---|---|---|
| Residential sales | 2.9 TWh | 2.7 TWh | +5.1% |
| Sales, all sectors | 6.6 TWh | 6.5 TWh | +1.6% |
| Residential customers | 3,810,915 | 3,744,019 | +1.8% |
| Average residential bill | $174.15 | $143.56 | +21.3% |
| Average residential use, kWh | 753 | 730 | +3.2% |
| US residential price | 17.45¢ | 15.94¢ | +9.5% |
The two years to January 2026
New Jersey residentialUS residential
Questions and answers
What was the average electricity price in New Jersey in January 2026?
23.13¢ per kilowatthour for residential customers, 17.41¢ for commercial and 16.27¢ for industrial customers. EIA marks the month as preliminary.
How does that compare with a year earlier?
The residential average was 19.68¢ in January 2025, a change of +17.5%. Residential sales changed by +5.1% over the same period.
What was the average residential bill that month?
$174.15, on average use of 753 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.