Electricity rates and average bill in New Jersey

In 2025, the average New Jersey household used 670 kWh a month and paid $151, an average price of 22.5¢ per kWh. That is the 11th highest price of the 50 states and DC (U.S.: 17.2¢).

Estimate your bill · Heat pump vs furnace · Water heater cost

Monthly residential electricity price in New Jersey

Source: EIA, average residential price per month (¢/kWh); last 12 months average 23.6¢.

Electric utilities in New Jersey

Average residential price, usage and bill of each utility in 2025 (utilities and providers with at least 1,000 homes). Find yours by ZIP code in the bill calculator.

Utilities (default service)

Retail choice in New Jersey

New Jersey lets many households buy their electricity from a competitive supplier while the local utility still delivers it. Customers who buy energy from a supplier paid an average of 17.9¢/kWh for the energy alone (232,158 homes), plus the utility's delivery charge. Compare a supplier's offer with the utility's default price including all charges, not just the energy rate.

Heating: heat pump vs. gas in New Jersey

For a 2,000 sq ft home with average insulation at a typical New Jersey location (4,986 heating degree days, weather station Long Branch-oakhurst), heating with a high-efficiency heat pump costs about $1,404 a year at the state's average electricity price, compared with $855 for a 92% gas furnace, $2,477 for propane and $2,123 for heating oil. Run it with your ZIP code and your home.

Heating fuel prices