⚡ Electricity rates in New Jersey (2026)

Average price: 18¢/kWhabove the national average (+9% vs. the U.S. average). Typical bill ~$122/month.

18¢
Price per kWh
#12 of 51 highest
$122
Avg. monthly bill
680 kWh
Avg. monthly usage
$1,469
Avg. annual cost

Estimate your bill in New Jersey

New Jersey electric bill estimator

Estimated$62/month

Starts from the New Jersey average bill.

☀️ Would solar pay off in New Jersey?

With New Jersey's rates and sunlight, a typical home solar system has an estimated payback of 16.4 years and could save about $8,804 over 25 years (after the 30% federal tax credit).

See New Jersey solar savings →

Electricity bills in New Jersey cities

Estimated average monthly electric bill in major New Jersey cities.
CityPopulationEst. monthly bill
Newark305,344$118
Jersey City291,657$118
Paterson156,452$122
Elizabeth137,298$122
Trenton90,457$127

New Jersey electricity FAQ

What is the average electricity rate in New Jersey?

About 18¢ per kWh — above the national average (+9% vs. the U.S. average of 16.5¢). The typical New Jersey household bill is around $122 per month.

Why is electricity expensive in New Jersey?

New Jersey's price reflects its generation mix, fuel costs, delivery charges, and regulation in the Northeast. Households here use about 680 kWh per month on average.

How can I lower my electric bill in New Jersey?

Improve insulation and efficiency, shift heavy usage off-peak where time-of-use rates apply, and — if you're in a deregulated market — compare suppliers. Solar can cut the bill further; see the estimate below.

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