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PSE&G vs Consumers Energy

PSE&G has 0.1% cheaper electricity at 18.48¢/kWh vs 18.50¢/kWh for Consumers Energy. A typical customer saves about $0.18/month with the cheaper utility.

PSE&G

18.48¢

per kWh

2,300,000 customers

New Jersey

Consumers Energy

18.50¢

per kWh

1,900,000 customers

Michigan

Detailed Comparison

MetricPSE&GConsumers EnergyNational Avg
Avg Rate18.48¢/kWh18.50¢/kWh17.22¢/kWh
Est. Monthly Bill (900 kWh)$166.32$166.50$154.98
Est. Annual Bill$1,995.84$1,998.00$1,859.76
Customers Served2,300,0001,900,000
Service StateNew JerseyMichigan
Service TypeElectric & GasElectric & Gas

Bottom Line: PSE&G vs Consumers Energy

PSE&G offers the lower electricity rate at 18.48¢/kWh — 0.1% cheaper than Consumers Energy's 18.50¢/kWh. On a typical 900 kWh/month household, that's a savings of $0.18/month or $2.16/year.

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Data verified March 2026 · Source: U.S. Energy Information Administration (EIA)