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PSE&G vs National Grid NY

PSE&G has 18.9% cheaper electricity at 18.48¢/kWh vs 22.80¢/kWh for National Grid NY. A typical customer saves about $38.88/month with the cheaper utility.

PSE&G

18.48¢

per kWh

2,300,000 customers

New Jersey

National Grid NY

22.80¢

per kWh

1,700,000 customers

New York

Detailed Comparison

MetricPSE&GNational Grid NYNational Avg
Avg Rate18.48¢/kWh22.80¢/kWh17.22¢/kWh
Est. Monthly Bill (900 kWh)$166.32$205.20$154.98
Est. Annual Bill$1,995.84$2,462.40$1,859.76
Customers Served2,300,0001,700,000
Service StateNew JerseyNew York
Service TypeElectric & GasElectric & Gas

Bottom Line: PSE&G vs National Grid NY

PSE&G offers the lower electricity rate at 18.48¢/kWh — 18.9% cheaper than National Grid NY's 22.80¢/kWh. On a typical 900 kWh/month household, that's a savings of $38.88/month or $466.56/year.

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