PSE&G vs Xcel Energy
Xcel Energy has 15.8% cheaper electricity at 15.56¢/kWh vs 18.48¢/kWh for PSE&G. A typical customer saves about $26.28/month with the cheaper utility.
Detailed Comparison
| Metric | PSE&G | Xcel Energy | National Avg |
|---|---|---|---|
| Avg Rate | 18.48¢/kWh | 15.56¢/kWh | 17.22¢/kWh |
| Est. Monthly Bill (900 kWh) | $166.32 | $140.04 | $154.98 |
| Est. Annual Bill | $1,995.84 | $1,680.48 | $1,859.76 |
| Customers Served | 2,300,000 | 1,400,000 | — |
| Service State | New Jersey | Colorado | — |
| Service Type | Electric & Gas | Electric & Gas | — |
Bottom Line: PSE&G vs Xcel Energy
Xcel Energy offers the lower electricity rate at 15.56¢/kWh — 15.8% cheaper than PSE&G's 18.48¢/kWh. On a typical 900 kWh/month household, that's a savings of $26.28/month or $315.36/year.
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Data verified March 2026 · Source: U.S. Energy Information Administration (EIA)