States › New Jersey › Public Service Elec & Gas Co
investor-owned utility · EIA utility 15477
Public Service Elec & Gas Co
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. Annual figures: Form EIA-861 for 2024, final release. Monthly state figures run to July 2026.
In its Form EIA-861 filing for 2024, Public Service Elec & Gas Co, an investor-owned utility, reported 2,056,231 residential customers in New Jersey, with a service territory that touches 14 counties.
Its average residential price that year was 20.42¢ per kilowatthour, 5.6% above the New Jersey average of 19.34¢ and 24% above the US average of 16.48¢. The figure is residential revenue divided by residential sales, so it folds in fixed charges, riders and every rate schedule the utility bills under.
That works out to an average residential bill of $115.47 a month on average use of 566 kWh a month. Across New Jersey the average bill was $128.13 on 662 kWh, so a bill gap reflects how much power households use as well as what each kilowatthour costs.
The price covers the 1,966,950 residential customers on bundled service. A further 89,281 take delivery only and buy their energy from another supplier; EIA collects just part of their bill from this respondent, so they are left out of the average.
For reliability it reported a SAIDI of 45.3 minutes per customer with major event days included and 39.3 minutes with them excluded, calculated under IEEE 1366 standard. The median among New Jersey utilities reporting was 174.1 minutes with major event days; this utility's figure is 74% below that median.
The average price is up 22.3% on 2019, against up 22.0% for New Jersey as a whole, and up 8.4% on 2023.
Compared with New Jersey, the US and other investor-owned utilities
| Measure, 2024 | This utility | Investor-owned utilities, US median | New Jersey | United States |
|---|---|---|---|---|
| Average residential price per kWh | 20.42¢ | 16.17¢ | 19.34¢ | 16.48¢ |
| Average monthly residential bill | $115.47 | $131.47 | $128.13 | $142.26 |
| Average monthly use, kWh | 566 | 787 | 662 | 863 |
| Residential price change, 1 year | +8.4% | — | +9.3% | +3.0% |
| Residential price change, 5 years | +22.3% | — | +22.0% | +26.7% |
| SAIDI, all events (minutes) | 45.3 | 278.7 | 174.1 median | 184.5 median |
| SAIDI, without major event days | 39.3 | 106.5 | 99.3 median | 99.8 median |
State and US prices, bills and use are EIA's own averages over every customer. The ownership column and the reliability columns are medians across utilities with at least 1,000 residential customers, computed on this site from the final 2024 file. Among the 4 filings by investor-owned utilities in New Jersey, the median price was 20.73¢. In New Jersey this utility's price ranks 3 of 5, counting from the highest.
Average price by year
Public Service Elec & Gas CoNew Jersey averageUS average
Year by year
| Year | ¢ per kWh | New Jersey ¢ | Monthly bill | kWh a month | Residential customers | All sales |
|---|---|---|---|---|---|---|
| 2024 | 20.42¢ | 19.34¢ | $115.47 | 566 | 2,056,231 | 40.7 TWh |
| 2023 | 18.83¢ | 17.70¢ | $101.11 | 537 | 2,034,936 | 39.1 TWh |
| 2022 | 17.43¢ | 16.74¢ | $100.63 | 577 | 2,018,177 | 40.8 TWh |
| 2021 | 17.40¢ | 16.35¢ | $100.70 | 579 | 1,998,691 | 40.2 TWh |
| 2020 | 17.25¢ | 16.03¢ | $100.00 | 580 | 1,976,745 | 39.7 TWh |
| 2019 | 16.70¢ | 15.85¢ | $93.55 | 560 | 1,965,468 | 40.7 TWh |
| 2018 | 15.73¢ | 15.41¢ | $92.28 | 587 | 1,948,034 | 41.9 TWh |
| 2017 | 16.16¢ | 15.65¢ | $90.15 | 558 | 1,928,247 | 40.7 TWh |
| 2016 | 16.46¢ | 15.72¢ | $97.40 | 592 | 1,913,176 | 41.6 TWh |
| 2015 | 16.50¢ | 15.81¢ | $98.14 | 595 | 1,901,076 | 41.7 TWh |
| 2014 | 16.57¢ | 15.78¢ | $94.35 | 569 | 1,889,312 | 40.7 TWh |
| 2013 | 16.46¢ | 15.73¢ | $96.21 | 585 | 1,883,323 | 41.3 TWh |
Bundled residential service only in the price, bill and use columns. Bill = residential revenue ÷ customers ÷ 12; use = residential sales ÷ customers ÷ 12.
Month by month
Public Service Elec & Gas CoNew Jersey average
Sales by sector, 2024
| Sector | Customers | Sales | Share of sales | Revenue | ¢ per kWh, bundled |
|---|---|---|---|---|---|
| Residential | 2,056,231 | 13.9 TWh | 34% | $2,754,545,000 | 20.42¢ |
| Commercial | 325,149 | 22.7 TWh | 56% | $2,143,875,200 | 14.69¢ |
| Industrial | 8,379 | 3.7 TWh | 9% | $227,736,100 | 8.37¢ |
| Transportation | 6 | 317.1 GWh | 1% | $9,937,600 | — |
Customers, sales and revenue count every service type the utility reported (bundled, energy-only and delivery-only). The price column uses bundled service alone, because part-bill revenue would understate it. Sources of energy: 25.9 TWh in total, of which 0.5% was its own net generation and 25.8 TWh was bought wholesale; summer peak demand 10,152 MW.
Reliability
Minutes of sustained interruption per customer in 2024, as the utility reported them under IEEE 1366 standard. SAIFI: 0.57 interruptions per customer with major event days, 0.55 without; CAIDI 79.5 minutes per interruption. EIA's New Jersey total across all reporting utilities was 174.2 minutes with major event days and 99.7 without. Major event days are storms and similar events that a utility's chosen method sets apart; methods differ, so treat comparisons as approximate. What SAIDI and SAIFI mean.
| Year | SAIDI, all events | SAIDI, no major events | SAIFI, all events | SAIFI, no major events | Method |
|---|---|---|---|---|---|
| 2024 | 45.3 | 39.3 | 0.57 | 0.55 | IEEE 1366 |
| 2023 | 37.9 | 35.7 | 0.57 | 0.55 | IEEE 1366 |
| 2022 | 33.9 | 33.9 | 0.55 | 0.55 | IEEE 1366 |
| 2021 | 60.5 | 41.5 | 0.66 | 0.60 | IEEE 1366 |
| 2020 | 452.7 | 44.7 | 1.07 | 0.62 | IEEE 1366 |
| 2019 | 109.5 | 48.1 | 0.81 | 0.67 | IEEE 1366 |
| 2018 | 178.9 | 55.1 | 1.08 | 0.79 | IEEE 1366 |
| 2017 | 50.3 | 44.6 | 0.75 | 0.73 | IEEE 1366 |
| 2016 | 69.0 | 49.7 | 0.85 | 0.75 | IEEE 1366 |
| 2015 | 81.3 | 38.4 | 0.69 | 0.64 | IEEE 1366 |
| 2014 | 80.5 | 44.5 | 0.76 | 0.65 | IEEE 1366 |
Generation at plants it operates, 2025
- Solar 100% 109.5 GWh
Net generation of 109.5 GWh at power plants this utility operates, from Form EIA-923. It is not the mix delivered to customers: utilities also buy power wholesale (25.8 TWh in 2024), sell generation to others and may co-own plants that another company operates.
Counties in its service territory
- Bergen County
- Burlington County
- Camden County
- Essex County
- Gloucester County
- Hudson County
- Mercer County
- Middlesex County
- Monmouth County
- Morris County
- Passaic County
- Salem County
- Somerset County
- Union County
Counties the utility listed on Form EIA-861 for 2024. Listing a county does not mean the utility serves all of it.
Other utilities in New Jersey
| Utility | Ownership | Residential customers | ¢ per kWh | Monthly bill | SAIDI, all events | SAIDI, no major events |
|---|---|---|---|---|---|---|
| Jersey Central Power & Lt Co | Investor-owned | 1,038,258 | 15.65¢ | $123.82 | 481.1 | 254.8 |
| Atlantic City Electric Co | Investor-owned | 506,488 | 23.41¢ | $148.30 | 123.0 | 50.0 |
| Rockland Electric Co | Investor-owned | 66,360 | 21.04¢ | $195.20 | 225.2 | 148.6 |
| City of Vineland | Municipal | 22,774 | 17.84¢ | $136.85 | — | — |
| Viridian Energy PA LLC energy only | Retail power marketer | 13,084 | — | — | — | — |
| Palmco Power NJ, LLC energy only | Retail power marketer | 7,102 | — | — | — | — |
| SunSea Energy, LLC energy only | Retail power marketer | 6,832 | — | — | — | — |
| Stream Energy New Jersey, LLC energy only | Retail power marketer | 5,307 | — | — | — | — |
All New Jersey utilities · Investor-owned utilities nationwide
Questions and answers
How much does electricity cost from Public Service Elec & Gas Co?
Residential customers paid an average of 20.42¢ per kilowatthour in 2024. EIA derives this by dividing residential revenue by residential sales; it is an average across all rate schedules and charges, not a tariff rate.
How does that compare with New Jersey?
The New Jersey average residential price in 2024 was 19.34¢ and the US average 16.48¢; Public Service Elec & Gas Co was 5.6% above the state figure. Among 5 utility filings with a bundled residential price in New Jersey, it had the 3rd highest.
What is the average Public Service Elec & Gas Co bill?
$115.47 a month in 2024, on average residential use of 566 kWh a month (annual revenue and sales divided by customers and by twelve). The New Jersey average was $128.13 on 662 kWh.
How reliable is Public Service Elec & Gas Co service?
It reported 45.3 minutes of interruption per customer (SAIDI) including major event days and 39.3 minutes excluding them, with 0.57 interruptions per customer (SAIFI) in 2024. Utilities calculate these under differing methods, so comparisons are approximate.
Is the Public Service Elec & Gas Co price rising?
The average residential price was up 8.4% in 2024 compared with 2023 and up 22.3% compared with 2019.
Which counties does Public Service Elec & Gas Co serve?
Its Form EIA-861 service territory lists 14 counties, including Bergen County, NJ, Burlington County, NJ, Camden County, NJ, Essex County, NJ, Gloucester County, NJ and Hudson County, NJ. A county can appear in several utilities' territories.
Provenance
Source: U.S. Energy Information Administration. Annual figures are from Form EIA-861 (sales to ultimate customers, reliability, operational data and service territory files), final release for 2024, respondent "Public Service Elec & Gas Co", utility number 15477. Monthly utility figures are from the Form EIA-861M sample. State and US averages are from the Form EIA-861M sales and revenue workbook, published through July 2026. Generation by fuel is from Form EIA-923, 2025 final. All are US government works in the public domain. Page built 30 Sep 2026. Errors in processing are corrected at the next build; see corrections. For tariffs and rate schedules, consult the utility or the state utility commission.