States › New Jersey › May 2026
New Jersey electricity prices, May 2026
Average price, sales and bills for the month against the same month a year earlier and the US. Preliminary
In May 2026, residential customers in New Jersey paid an average of 23.27¢ per kilowatthour, up 13.6% on the same month a year earlier (20.48¢). The US average for the month was 18.44¢; New Jersey was 26% above that. It ranked 13th highest among the 50 states and the District of Columbia.
Residential sales were 2,083,349 MWh, up 9.5% on a year earlier, and the average residential bill for the month was $127.13 on 546 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 | May 2026 | May 2025 | Change | US, May 2026 |
|---|---|---|---|---|
| Residential | 23.27¢ | 20.48¢ | +13.6% | 18.44¢ |
| Commercial | 17.86¢ | 16.55¢ | +7.9% | 13.54¢ |
| Industrial | 14.57¢ | 12.56¢ | +16.0% | 8.71¢ |
| All sectors | 19.54¢ | 17.53¢ | +11.5% | 13.83¢ |
Sales and customers
| Measure | May 2026 | May 2025 | Change |
|---|---|---|---|
| Residential sales | 2.1 TWh | 1.9 TWh | +9.5% |
| Sales, all sectors | 5.6 TWh | 5.3 TWh | +5.6% |
| Residential customers | 3,813,215 | 3,754,172 | +1.6% |
| Average residential bill | $127.13 | $103.76 | +22.5% |
| Average residential use, kWh | 546 | 507 | +7.7% |
| US residential price | 18.44¢ | 17.37¢ | +6.2% |
The two years to May 2026
New Jersey residentialUS residential
Questions and answers
What was the average electricity price in New Jersey in May 2026?
23.27¢ per kilowatthour for residential customers, 17.86¢ for commercial and 14.57¢ for industrial customers. EIA marks the month as preliminary.
How does that compare with a year earlier?
The residential average was 20.48¢ in May 2025, a change of +13.6%. Residential sales changed by +9.5% over the same period.
What was the average residential bill that month?
$127.13, on average use of 546 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.