Independent rate reference - not affiliated with any utility or energy supplier. Data: EIA Electric Power Monthly, April 2026.Full disclaimer
ElectricityRatePerKWh

Electricity Rate in New Jersey (2026): 18.27c/kWh Average

Residential Rate
18.27¢
per kWh
vs US Avg
+4%
0.62c above
Avg Monthly Bill
$127
697 kWh
Provider Choice
Yes
Can switch suppliers

New Jersey Electricity Rate: What You Need to Know

New Jersey electricity averages 18.27 cents per kWh for residential customers as of April 2026, according to the EIA Electric Power Monthly. This is 0.62c above the US average of 17.65c/kWh. The average monthly bill for New Jersey households is $127 based on typical usage of 697 kWh.

New Jersey's 18.27c/kWh rate reflects its position in the PJM capacity market, where capacity prices have been elevated due to retirements of older generation and growing demand. New Jersey uses a Basic Generation Service (BGS) auction system where competitive suppliers bid to serve default-service customers, meaning even 'default' customers benefit from some competition. Retail choice is additionally available through the NJBPU's comparison portal. PSE&G (serving Northeast NJ including Newark, Hoboken, Jersey City), JCP&L (serving Central NJ), and Atlantic City Electric (serving South NJ) are the three main utilities. New Jersey has an active offshore wind program with several large projects approved, which will add renewable generation over 2026-2030.

Generation mix: Natural gas 45%, nuclear 40%, solar 10%, wind 5%. The fuel mix is a primary driver of electricity rates - states with abundant hydro or nuclear tend to have lower rates, while states dependent on imported petroleum (Hawaii) or natural gas pay more.

Year-over-year change: New Jersey rates rose 5.4% year-over-year as of April 2026. This compares to the US average increase of 5.4% over the same period.

Deregulated: You Can Shop for a Better Rate

BGS auctions set default; PSE&G / JCP&L / Atlantic City Electric wires; competitive supply optional via NJBPU

How to shop for a better rate ->

Your New Jersey Electricity Bill Components

Energy charge (697 kWh x 18.27c)$127.34
Fixed customer charge (estimated)~$10.00
Estimated monthly total$137.34
All Sectors - New Jersey
Residential18.27c
Commercial14.98c
Industrial10.23c
Dominant Utility
PSE&G / JCP&L / Atlantic City Electric
Adjacent States
New York24.38c
Pennsylvania16.27c
Delaware16.47c
Calculate Your NJ Bill

State pre-selected in our full bill calculator with TOU and commercial modes.

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New Jersey Electricity: Frequently Asked Questions

What is the electricity rate in New Jersey in 2026?+
The average residential electricity rate in New Jersey is 18.27 cents per kWh as of April 2026, according to the EIA Electric Power Monthly. This is 0.62c above the US average of 17.65c/kWh (+4%). The average monthly electricity bill in New Jersey is approximately $127 based on 697 kWh typical monthly usage.
Can I switch electricity providers in New Jersey?+
Yes - New Jersey is a deregulated state. BGS auctions set default; PSE&G / JCP&L / Atlantic City Electric wires; competitive supply optional via NJBPU The local utility (PSE&G / JCP&L / Atlantic City Electric) still delivers the electricity; only the generation/supply charge is competitive.
What is the average monthly electricity bill in New Jersey?+
The average New Jersey household uses approximately 697 kWh per month. At 18.27c/kWh plus approximately $10 in fixed charges, the average monthly bill is $127. This varies by season (higher in summer for cooling-dominant states like Florida, higher in winter for heating-dominant states).
What is the primary electricity source in New Jersey?+
New Jersey's generation mix is primarily Natural gas 45%, nuclear 40%, solar 10%, wind 5%. This fuel mix is a key factor in the state's electricity rate - states relying on hydro or nuclear typically have lower rates, while states heavily dependent on natural gas or petroleum (like Hawaii) face higher costs.
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