States › New Jersey › February 2026
New Jersey electricity prices, February 2026
Average price, sales and bills for the month against the same month a year earlier and the US. Preliminary
In February 2026, residential customers in New Jersey paid an average of 23.12¢ per kilowatthour, up 17.4% on the same month a year earlier (19.70¢). The US average for the month was 17.65¢; New Jersey was 31% above that. It ranked 12th highest among the 50 states and the District of Columbia.
Residential sales were 2,414,826 MWh, up 7.8% on a year earlier, and the average residential bill for the month was $146.66 on 634 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 | Feb 2026 | Feb 2025 | Change | US, Feb 2026 |
|---|---|---|---|---|
| Residential | 23.12¢ | 19.70¢ | +17.4% | 17.65¢ |
| Commercial | 17.29¢ | 15.28¢ | +13.2% | 14.37¢ |
| Industrial | 15.52¢ | 13.27¢ | +17.0% | 8.95¢ |
| All sectors | 19.49¢ | 16.83¢ | +15.8% | 14.36¢ |
Sales and customers
| Measure | Feb 2026 | Feb 2025 | Change |
|---|---|---|---|
| Residential sales | 2.4 TWh | 2.2 TWh | +7.8% |
| Sales, all sectors | 5.9 TWh | 5.7 TWh | +4.7% |
| Residential customers | 3,806,163 | 3,748,479 | +1.5% |
| Average residential bill | $146.66 | $117.77 | +24.5% |
| Average residential use, kWh | 634 | 598 | +6.0% |
| US residential price | 17.65¢ | 16.43¢ | +7.4% |
The two years to February 2026
New Jersey residentialUS residential
Questions and answers
What was the average electricity price in New Jersey in February 2026?
23.12¢ per kilowatthour for residential customers, 17.29¢ for commercial and 15.52¢ for industrial customers. EIA marks the month as preliminary.
How does that compare with a year earlier?
The residential average was 19.70¢ in February 2025, a change of +17.4%. Residential sales changed by +7.8% over the same period.
What was the average residential bill that month?
$146.66, on average use of 634 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.