Average electric rate in New Jersey
Residential average from EIA data, July 2026.
New Jersey average
25.2 cents per kWh
National average
18.3 cents per kWh
New Jersey runs 37.6% above the national average.
Recent months
| Month | Average rate |
|---|---|
| July 2026 | 25.2 cents per kWh |
| June 2026 | 25.0 cents per kWh |
| May 2026 | 23.3 cents per kWh |
Source: U.S. Energy Information Administration, residential sector.
Paying more than the New Jersey average?
Averages hide a lot. Upload your bill and we will work out your actual rate, compare it, and flag anything wasteful.
Compare my bill