Indiana vs New Jersey Electricity Rates (2026)
Indiana has 16.6% cheaper electricity than New Jersey. Indiana residents pay 15.42¢/kWh compared to 18.48¢/kWh in New Jersey, saving about $24.00/month on average.
Indiana
15.42¢
per kWh
$145/mo
New Jersey
18.48¢
per kWh
$121/mo
Detailed Rate Comparison
| Metric | Indiana | New Jersey | National Avg |
|---|---|---|---|
| Residential Rate | 15.42¢/kWh | 18.48¢/kWh | 17.22¢/kWh |
| Commercial Rate | 13.07¢/kWh | 14.02¢/kWh | - |
| Industrial Rate | 8.39¢/kWh | 12.05¢/kWh | - |
| Avg Monthly Bill | $145 | $121 | $134 |
| Renewable Energy | 11.0% | 8.0% | ~22% |
| Primary Source | Coal | Natural Gas | - |
Appliance Running Costs: Indiana vs New Jersey
Monthly cost to run common household appliances in each state.
| Appliance | IN | NJ | Savings |
|---|---|---|---|
| Air Purifier | $5.55 | $6.65 | IN saves $1.10 |
| Blender | $0.19 | $0.22 | IN saves $0.04 |
| CFL Bulb (13W) | $0.48 | $0.58 | IN saves $0.10 |
| Cable / Satellite Box | $3.89 | $4.66 | IN saves $0.77 |
| Ceiling Fan | $4.16 | $4.99 | IN saves $0.83 |
| Central Air Conditioner | $129.53 | $155.23 | IN saves $25.70 |
| Chest Freezer | $8.88 | $10.64 | IN saves $1.76 |
| Clothes Dryer (Electric) | $13.88 | $16.63 | IN saves $2.75 |
| Coffee Maker | $1.04 | $1.25 | IN saves $0.21 |
| Crypto Mining Rig | $166.54 | $199.58 | IN saves $33.05 |
| Dehumidifier | $16.65 | $19.96 | IN saves $3.30 |
| Desktop Computer | $7.40 | $8.87 | IN saves $1.47 |
| Dishwasher | $8.33 | $9.98 | IN saves $1.65 |
| Electric Baseboard Heater | $46.26 | $55.44 | IN saves $9.18 |
| Electric Fireplace | $25.91 | $31.05 | IN saves $5.14 |
Bottom Line: Indiana vs New Jersey
Indiana is the more affordable state for electricity, with rates 16.6% lower than New Jersey. An average household would save about $288.00/year by living in Indiana.
Indiana gets its electricity primarily from Coal with 11.0% renewable, while New Jersey relies on Natural Gas with 8.0% renewable.
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Frequently Asked Questions
Is electricity cheaper in Indiana or New Jersey?
Electricity is cheaper in Indiana at 15.42¢/kWh compared to New Jersey at 18.48¢/kWh. That's a 16.6% difference, saving about $24.00/month on an average residential bill.
What is the average electricity bill in Indiana vs New Jersey?
The average monthly electricity bill is $145 in Indiana and $121 in New Jersey. The national average is $134.
Which state uses more renewable energy, Indiana or New Jersey?
Indiana has a higher renewable energy percentage at 11.0%, compared to 8.0% in New Jersey.
What are the main energy sources in Indiana and New Jersey?
Indiana primarily uses Coal, while New Jersey relies on Natural Gas.
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Data verified March 2026 · Source: U.S. Energy Information Administration (EIA)