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ELECTRICITY INTELLIGENCE · REVIEWED AUGUST 2026

Electricity cost in New Jersey

New Jersey bills combine supply, delivery and account-specific usage. Compare the full bill and current contract rather than relying on an advertised energy rate alone.

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New Jersey residential benchmark19.34¢/kWh

Final 2024 EIA average: 662 kWh/month and $128.13/month. It is a state benchmark, not a live tariff or supplier offer.

What changes the real result?

  • All-in delivered rate, fixed fees and time-of-use periods
  • Actual monthly kWh and seasonal HVAC load
  • Plan term, minimum-use rules, credits and early termination
  • Solar export compensation and address-specific production
  • EV charging losses, vehicle efficiency and charging time
DO NOT MIX THESE NUMBERS

Average price ≠ utility tariff ≠ retail offer.

EIA divides residential revenue by electricity sold to create an average-revenue benchmark. Your bill applies address-specific rate rules and fees. In competitive markets, compare the full disclosure document at your normal usage—not only the advertised cents per kWh.

EIA electricity data