States › New Jersey › March 2026
New Jersey electricity prices, March 2026
Average price, sales and bills for the month against the same month a year earlier and the US. Preliminary
In March 2026, residential customers in New Jersey paid an average of 23.49¢ per kilowatthour, up 18.2% on the same month a year earlier (19.87¢). The US average for the month was 18.56¢; New Jersey was 27% above that. It ranked 12th highest among the 50 states and the District of Columbia.
Residential sales were 2,090,171 MWh, up 3.5% on a year earlier, and the average residential bill for the month was $128.58 on 547 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 | Mar 2026 | Mar 2025 | Change | US, Mar 2026 |
|---|---|---|---|---|
| Residential | 23.49¢ | 19.87¢ | +18.2% | 18.56¢ |
| Commercial | 17.21¢ | 15.66¢ | +9.9% | 13.92¢ |
| Industrial | 13.56¢ | 12.90¢ | +5.1% | 8.58¢ |
| All sectors | 19.11¢ | 16.94¢ | +12.8% | 14.08¢ |
Sales and customers
| Measure | Mar 2026 | Mar 2025 | Change |
|---|---|---|---|
| Residential sales | 2.1 TWh | 2 TWh | +3.5% |
| Sales, all sectors | 5.8 TWh | 5.4 TWh | +6.3% |
| Residential customers | 3,818,239 | 3,750,476 | +1.8% |
| Average residential bill | $128.58 | $107.04 | +20.1% |
| Average residential use, kWh | 547 | 539 | +1.5% |
| US residential price | 18.56¢ | 17.09¢ | +8.6% |
The two years to March 2026
New Jersey residentialUS residential
Questions and answers
What was the average electricity price in New Jersey in March 2026?
23.49¢ per kilowatthour for residential customers, 17.21¢ for commercial and 13.56¢ for industrial customers. EIA marks the month as preliminary.
How does that compare with a year earlier?
The residential average was 19.87¢ in March 2025, a change of +18.2%. Residential sales changed by +3.5% over the same period.
What was the average residential bill that month?
$128.58, on average use of 547 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.