New JerseyElectricity Rates & Utility Costs
The average residential electricity rate in New Jersey is 18.48¢/kWh, which is above average. That's 7.3% higher than the national average.
Residential
18.48¢
per kWh
Commercial
14.02¢
per kWh
Industrial
12.05¢
per kWh
Avg Monthly Bill
$121
residential
New Jersey vs National Average
| Metric | New Jersey | National Avg | Difference |
|---|---|---|---|
| Residential Rate | 18.48¢/kWh | 17.22¢/kWh | +1.26¢ |
| Monthly Bill | $121 | $134 | $-13.00 |
| Renewable Energy | 8.0% | ~22% | Below avg |
| Primary Source | Natural Gas | ||
Why Electricity Is Expensive in New Jersey
Electricity in New Jersey costs more than the national average, largely due to natural gas prices and distribution infrastructure costs. Renewable energy accounts for 8.0% of the state's generation. Consumers can save by shopping for competitive electricity rates and investing in energy efficiency.
Utility Companies in New Jersey
Appliance Running Costs in New Jersey
Based on New Jersey's residential rate of 18.48¢/kWh.
| Appliance | Watts | Hours/Day | Monthly Cost | Annual Cost |
|---|---|---|---|---|
| Air Purifier | 50 | 24 | $6.65 | $79.83 |
| Blender | 400 | 0.1 | $0.22 | $2.66 |
| CFL Bulb (13W) | 13 | 8 | $0.58 | $6.92 |
| Cable / Satellite Box | 35 | 24 | $4.66 | $55.88 |
| Ceiling Fan | 75 | 12 | $4.99 | $59.88 |
| Central Air Conditioner | 3,500 | 8 | $155.23 | $1,862.78 |
| Chest Freezer | 80 | 24 | $10.64 | $127.73 |
| Clothes Dryer (Electric) | 3,000 | 1 | $16.63 | $199.58 |
| Coffee Maker | 900 | 0.25 | $1.25 | $14.97 |
| Crypto Mining Rig | 1,500 | 24 | $199.58 | $2,395.01 |
| Dehumidifier | 300 | 12 | $19.96 | $239.50 |
| Desktop Computer | 200 | 8 | $8.87 | $106.44 |
| Dishwasher | 1,800 | 1 | $9.98 | $119.75 |
| Electric Baseboard Heater | 1,000 | 10 | $55.44 | $665.28 |
| Electric Fireplace | 1,400 | 4 | $31.05 | $372.56 |
Compare With Other States
More Data for New Jersey
Frequently Asked Questions
What is the average electricity rate in New Jersey?
The average residential electricity rate in New Jersey is 18.48¢ per kWh, which is 7.3% above the national average of 17.22¢/kWh.
How much is the average monthly electric bill in New Jersey?
The average monthly residential electric bill in New Jersey is $121, compared to the national average of $134.
Why is electricity expensive in New Jersey?
Electricity in New Jersey costs more than the national average, largely due to natural gas prices and distribution infrastructure costs. Renewable energy accounts for 8.0% of the state's generation. Consumers can save by shopping for competitive electricity rates and investing in energy efficiency.
What is the main energy source in New Jersey?
The primary energy source in New Jersey is Natural Gas, with 8.0% of electricity coming from renewable sources.
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Data verified March 2026 · Source: U.S. Energy Information Administration (EIA)