New Jersey Electricity Rates

The average residential electricity price in New Jersey is 23.23¢/kWh (2026 YTD (through March)) — 30% above the US average. Real EIA public-domain data.

SectorNew Jersey (¢/kWh)US avg
Residential23.2317.83
Commercial17.3113.97
Industrial15.078.94
All sectors19.4714.2

New Jersey ranks #12 of 51 for residential electricity price (1 = most expensive).

Estimate your bill

Use the electricity bill calculator with New Jersey's rate (23.23¢ = $0.2323/kWh) to estimate what an appliance costs to run.

Source & developers

Data: U.S. EIA (public domain), 2026 YTD (through March) · methodology. Developers: Electricity Rates APIhttps://hiinformation.com/api/v1/electricity/prices?state=NJ.

Compare: all states · full dataset