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New Jersey electricity prices, July 2026

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

In July 2026, residential customers in New Jersey paid an average of 25.19¢ per kilowatthour, little changed on the same month a year earlier (25.32¢). The US average for the month was 18.31¢; New Jersey was 38% above that. It ranked 10th highest among the 50 states and the District of Columbia.

Residential sales were 3,963,494 MWh, down 7.1% on a year earlier, and the average residential bill for the month was $261.02 on 1,036 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.

25.19¢residential, per kWh-0.5% on Jul 2025
$261.02average residential bill for the monthon 1,036 kWh
4 TWhresidential sales-7.1% on a year earlier
10thhighest residential price of 51US 18.31¢

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

SectorJul 2026Jul 2025ChangeUS, Jul 2026
Residential25.19¢25.32¢-0.5%18.31¢
Commercial19.17¢18.36¢+4.4%14.53¢
Industrial15.63¢14.92¢+4.8%9.77¢
All sectors21.89¢21.56¢+1.5%14.99¢

Sales and customers

MeasureJul 2026Jul 2025Change
Residential sales4 TWh4.3 TWh-7.1%
Sales, all sectors8 TWh8.6 TWh-6.9%
Residential customers3,825,3603,763,284+1.6%
Average residential bill$261.02$286.94-9.0%
Average residential use, kWh1,0361,133-8.6%
US residential price18.31¢17.45¢+4.9%

The two years to July 2026

0¢10¢20¢30¢Jul 2024Nov 2024Mar 2025Jul 2025Nov 2025Mar 2026Jul 2026

New Jersey residentialUS residential

Cents per kWh, Form EIA-861M.
← June 2026New Jersey overview →

Questions and answers

What was the average electricity price in New Jersey in July 2026?

25.19¢ per kilowatthour for residential customers, 19.17¢ for commercial and 15.63¢ for industrial customers. EIA marks the month as preliminary.

How does that compare with a year earlier?

The residential average was 25.32¢ in July 2025, a change of -0.5%. Residential sales changed by -7.1% over the same period.

What was the average residential bill that month?

$261.02, on average use of 1,036 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.