Utilities and rate plans
Each utility’s current residential tariffs, transcribed from its tariff sheets, with periods, tiers, fixed charge and a typical bill. Customer counts from EIA-861 (2024).
Cheapest utility for a typical New Jersey home (664 kWh a month) | Utility | Cheapest plan open to all | Typical bill | All-in ¢/kWh | Fixed/mo |
|---|
| JCP&L | RS | $145 | 21.8 | $4.27 |
| PSE&G | RS | $184 | 27.7 | $6.00 |
| ACE | RS | $197 | 29.7 | $6.75 |
Each row prices a utility’s standard plan for a typical home. The New Jersey average of 23.78¢/kWh (EIA, 12 months) is what every household in the state actually paid, including utilities not modeled here and discounted low-income bills, so it can sit below every row.
Average electric bill in New Jersey
Over the last 12 months the average price was 23.78¢ per kWh and the average home used 664 kWh a month, so a typical New Jersey household spent about $158 a month on electricity, or $1,895 a year. Use is 24% below the US average of 870 kWh a month, peaking in July at 1,036 kWh.
Driving a Tesla Model Y Long Range AWD 1,000 miles a month takes 275 kWh from the wall (EPA 27.5 kWh/100 mi), about $65 at the state average. A 25.5 mpg gasoline car covering the same distance at $4.09 a gallon (Central Atlantic (PADD 1B) average, August 2026) costs about $160.
The state average hides the real spread. Utilities in the same state charge different prices, and on a time-of-use plan the same kWh costs more in the peak hours than off-peak; each utility page shows by how much. Open PSE&G’s page to see its plans, prices by hour and fixed charge, or run the calculators below with New Jersey preloaded.
Natural gas for homes averaged $1.42 per therm over the 12 months to June 2026 (EIA, all charges included), and a typical gas-heated home uses about 668 therms a year for heating. The heat pump calculator compares that with electric heating on your plan.
A south-facing, 20° rooftop array in New Jersey produces about 1,363 kWh per installed kW a year (NREL PVWatts at the state’s population center). What that is worth depends on your utility’s export rule, shown on each utility’s page.
New Jersey electricity: common questions
How much does electricity cost in New Jersey?
Homes in New Jersey paid an average of 25.19¢ per kWh in July 2026, against 18.31¢ for the US, which ranks the state #10 of 51 from most expensive. Over the last 12 months the average was 23.78¢. These are EIA averages of what households actually paid, fixed charges included; your utility and plan set your own price.
What is the average electric bill in New Jersey?
About $158 a month ($1,895 a year): the average New Jersey home used 664 kWh a month over the last 12 months at an average 23.78¢/kWh. Use peaks in July, at 1,036 kWh.
Are electricity prices going up in New Jersey?
New Jersey's average residential price was 25.19¢/kWh in July 2026, 0.5% lower than a year earlier. Over the last ten years the 12-month average has changed by +4.2% a year, against +3.6% a year for the US.
How much does it cost to charge an electric car in New Jersey?
Driving 1,000 miles a month in a Tesla Model Y Long Range AWD takes 275 kWh from the wall, about $65 at the state's average home price, against about $160 of gasoline for a 25.5 mpg car. On a time-of-use plan, charging overnight can cost less than that.
Do New Jersey utilities offer time-of-use plans?
Yes. PSE&G offers RS-TOU-3P (peak 4 pm–9 pm on summer weekdays); JCP&L offers RT (peak 8 am–8 pm on summer weekdays). Each utility's page shows every period and price.