Electric Consumer

Editor: Katerine G., Editor & Data Researcher · Research & publishing: Electric Consumer Editorial Team · Data retrieved · Sources named on this page: EIA-861, EIA retail sales, EIA-860/923, EPA eGRID, Census ACS · How we got these numbers · Report an error

New Jersey electric companies, rates and outages

EIA counts 5 utilities in New Jersey, serving 4,287,117 accounts for a population of 9,267,014.

Photo of the decommissioned Chambers Carneys Point Cogen Generating Plant in Carneys Point Township, New Jersey
Carneys Point Generating Plant, NJ, Feb. 2025. Photo by Mr. Matté (if there is an issue with this image, contact me using this image's Commons talk page, my Commons user talk p, CC BY-SA 4.0, Wikimedia Commons. Illustrative, not a listed utility's plant.

In 2025 New Jersey homes paid 22.63 ¢/kWh: rank 11 of 51, 30.8% above the U.S. average of 17.30 ¢ (2024: 19.34 ¢).

Calculators for New Jersey

How it compares

New Jersey prices
Customer sector2024GapRank
Residential19.34 ¢/kWh+17.4% against the U.S.11 of 511 is highest
Commercial14.64 ¢/kWh+14.8% against the U.S.12 of 511 is highest
Industrial11.93 ¢/kWh+46.7% against the U.S.9 of 511 is highest

Electric companies in New Jersey

New Jersey home prices, 2024; lowest filled.

New Jersey companies
CompanyHome accountsAverage priceReliabilityNet metering
Jersey Central Power & Lt CoLowest price1,038,25814.97 ¢/kWh$99 a month at 662 kWh255 minSAIDI, SAIFI 1.95927.6 MW57,215 systems
City of Vineland22,77417.84 ¢/kWh$118 a month at 662 kWhNo data26.3 MW1,616 systems
Public Service Elec & Gas Co2,056,23119.81 ¢/kWh$131 a month at 662 kWh39 minSAIDI, SAIFI 0.551,539.7 MW94,626 systems
Rockland Electric Co66,36020.43 ¢/kWh$135 a month at 662 kWhNo data42.6 MW1,592 systems
Atlantic City Electric Co506,48822.57 ¢/kWh$150 a month at 662 kWh50 minSAIDI, SAIFI 0.67621.1 MW55,749 systems

New Jersey: 2025 and 2026

New Jersey, data to July 2026.

New Jersey 2025 average price
22.63 ¢/kWh+17.0% against 2024, U.S. +5.0%
New Jersey 2025 rank
11 of 51same place as 2024
New Jersey January to Jul 2026
23.98 ¢/kWh+8.7% on Jan-Jul 2025
New Jersey Last 12 months
23.78 ¢/kWhto July 2026
New Jersey July 2026
25.19 ¢/kWh-0.5% against July 2025
New Jersey 2025 costliest month
Jul 25.32 ¢cheapest Jan 19.68 ¢, a 29% spread
New Jersey Typical 2025 bill
$150 a monthtop Jul $287, low Apr $96

The New Jersey residential price averaged 22.63 ¢/kWh in 2025, +17.0% on 2024: New Jersey ran 12.0 points faster than the nation. From January to July 2026 the New Jersey average is 23.98 ¢, +8.7% on 2025, 1.6 points above the U.S. change. Seasonality in New Jersey: 2025 peaked in July at 25.32 ¢ and bottomed in January at 19.68 ¢. A typical residential account in New Jersey paid about $1,803 for energy over 2025, from $96 in April to $287 in July; use per account ran 477 to 1,133 kWh a month.

New Jersey price by month, 2024 to Jul 2026

Price by month, New Jersey: 12 rows
Month202420252026 to Jul
Jan17.8219.6823.13
Feb17.6519.7023.12
Mar18.0119.8723.49
Apr18.4620.1523.53
May18.5720.4823.27
Jun19.9024.8824.95
Jul20.7025.3225.19
Aug20.6324.95No data
Sep19.3223.39No data
Oct19.5622.55No data
Nov19.5822.73No data
Dec19.4122.98No data

12 rows from EIA retail sales.

CSV

What a typical New Jersey account paid each month

New Jersey: use per account times price, energy only.

Typical bill by month, New Jersey: 12 rows
Month20252026 to Jul
Jan144174
Feb118147
Mar107129
Apr96110
May104127
Jun208207
Jul287261
Aug208No data
Sep145No data
Oct109No data
Nov117No data
Dec161No data

12 rows from EIA retail sales.

CSV

What New Jersey power is made of

In plain words. Natural gas is the biggest source in New Jersey (49%), and the power made there is cleaner than the U.S. average per kWh. Plants with 236 MW are planned to retire by 2030. New plants with 77 MW are under construction.

In 2025 New Jersey plants of 1 MW or more made 61.2 TWh. The biggest sources: natural gas 49.1%, nuclear 45.6%, utility-scale solar 2.6%. For comparison, natural gas makes 40.9% of U.S. generation. Wind, solar and hydro together: 2.6% (22.6% for the U.S.). New Jersey plants only; imports and rooftop solar are not counted.

New Jersey, share of net generation, %

  • Coal
  • Natural gas 49.1
  • Nuclear 45.6
  • Hydro (conventional) 0.0
  • Wind 0.0
  • Utility-scale solar 2.6
  • Petroleum 0.3
  • Wood, biomass, geothermal, waste 1.0
  • Other 1.3

Fuel groups: prices guide.

New Jersey, share of net generation and operating capacity: 8 rows
SourceNew Jersey share of generation, %U.S. share, %New Jersey generation, TWhNew Jersey capacity, MW
Natural gas49.140.930.0612,366
Nuclear45.617.727.923,631
Hydro (conventional)0.05.50.01468
Wind0.010.40.029
Utility-scale solar2.66.81.591,238
Petroleum0.30.40.1795
Wood, biomass, geothermal, waste1.01.40.61204
Other1.30.40.8241

EIA-923 and EIA-860 for New Jersey, 2025 data, pulled 2 Oct 2026.

CSV

New Jersey plant pipeline

New Jersey, megawatts: 6 rows
New Jersey plantsMW
Operating, utility-scale18,052
Battery storage120
Retiring 2026 to 2030236
Retiring after 203080
Under construction77
Planned7

EIA-860 generators in New Jersey, 2025 data.

CSV

New Jersey carbon per kWh

New Jersey plants emitted 468 lb of CO₂ per MWh in 2023 (0.212 kg per kWh), against 767 lb for the U.S. An average New Jersey home using 656 kWh a month accounts for about 139 kg of CO₂ a month at that rate. The rate is for New Jersey plants, not your supplier.

state and national values: 4 rows
MeasureNew JerseyU.S.
CO₂, lb per MWh468.3767.2
CO₂, kg per kWh0.2120.348
NOx, lb per MWh0.1630.452
SO2, lb per MWh0.0590.359

EPA eGRID2023 for New Jersey, pulled 2 Oct 2026.

CSV

Who delivers and who sells in New Jersey

5.4% of New Jersey home accounts bought energy from a supplier other than the wires company in 2024 (63 suppliers reported), 3,735,638 accounts in all. Plan prices are not shown here: choosing a supplier.

New Jersey, largest wires companies: 5 rows
New Jersey wires companyDelivery-only home accounts
Public Service Elec & Gas Co89,281
Jersey Central Power & Lt Co73,456
Atlantic City Electric Co34,468
Rockland Electric Co2,210
Rockland Electric Co471

EIA-861 wires companies in New Jersey, 2024 data.

CSV
New Jersey, largest suppliers by home accounts: 5 rows
New Jersey supplierHome accounts
Inspire Energy Holdings, LLC26,530
SmartEnergy Holdings, LLC22,956
Direct Energy Services18,448
Reliant Energy Northeast LLC13,872
IDT Energy, Inc.11,278

EIA-861 suppliers in New Jersey, 2024 data.

CSV

New Jersey weather

A normal year in New Jersey brings 5,702 heating and 676 cooling degree-days (1991 to 2020). 2025 had 5,161 heating (9% below normal) and 929 cooling (37% above normal).

New Jersey degree-days by year

Heating and cooling degree-days, New Jersey, 2015 to 2025: 11 rows
New Jersey yearHeating (HDD)Cooling (CDD)Normal HDDNormal CDD
2015518510065702676
2016484210595702676
201747778345702676
2018519210775702676
2019509010245702676
2020461510255702676
2021475710215702676
2022508210505702676
202344188445702676
2024457210525702676
202551619295702676

NOAA nClimDiv degree-days for New Jersey, 2015 to 2025, pulled 2 Oct 2026.

CSV

New Jersey meters and time-of-use rates

90.8% of New Jersey home meters are advanced (AMI) meters: 3,448,956 of 3,799,187. 1 of 8 reporting utilities offer a home time-of-use rate, and 15,210 home accounts are enrolled in dynamic pricing programs.

EIA-861 meters in New Jersey, data year 2024, pulled 2 Oct 2026: homes.

Flood claims and flood insurance in New Jersey

New Jersey: 14,563 NFIP flood claims with a loss date in 2015 to 2025, $502.3M paid, median paid claim $17,778; 6th of 55 states and territories by dollars paid. The peak year was 2021 with 7,768 claims. FEMA counts 5.0% of New Jersey residential structures as insured, 5th of 51, and the policy file shows 195,193 NFIP policies in force on 8 Sep 2026. Floods damage substations and lines, and in New Jersey this is claims history, not an outage count.

New Jersey counties with the most NFIP flood claims
Top counties in New JerseyClaims 2015-2025PaidClaims per 1,000 homes
Bergen County2,365$96.4M9.3
Union County1,891$67.6M15.2
Cape May County1,597$25.4M24.6
Essex County1,186$52.6M8.1
Somerset County1,123$79.8M10.8

New Jersey: flood claims by state, flood claims by county. 14,563 New Jersey claims as of 8 Sep 2026, OpenFEMA NFIP; counts under 5 hidden.

New Jersey charts

Price by sector, New Jersey

Home 19.34, business 14.64, industry 11.93 ¢ in 2024.

New Jersey price by sector 2015-2024, 2015 to 2024: 10 rows
YearResidentialCommercialIndustrialGap to U.S. residential
201515.8112.7910.64+3.16
201615.7212.2610.16+3.17
201715.6512.2810.12+2.76
201815.4112.2110.07+2.54
201915.8512.2310.16+2.84
202016.0312.3510.01+2.88
202116.3512.6910.70+2.69
202216.7413.7512.12+1.70
202317.7014.0011.68+1.70
202419.3414.6411.93+2.86

10 rows from EIA retail sales.

CSV

Largest utilities, SAIDI

Median of 3 reporters here: 50.0 minutes.

min

  • Public Service Elec & Gas Co39.3
  • Jersey Central Power & Lt Co254.8
  • Atlantic City Electric Co50.0
  • U.S. median99.5

New Jersey, SAIDI of the largest New Jersey utilities: EIA-861 survey.

CSV

Median SAIDI by year, 2015-2024

95 minutes in 2015, 50 in 2024.

Median SAIDI by year, New Jersey, 2015 to 2024: 10 rows
YearNew Jersey medianGap to U.S. median reporter
201595-6
201699-3
201766-29
201876-25
201976-22
202068-29
202154-42
202251-52
202353-46
202450-49

10 rows from EIA-861 survey.

CSV

Who serves each county

New Jersey counties shaded by utilities listing them; the table shows the top twelve.

New Jersey counties by number of electric utilitiesMorrisCamdenGloucesterBergenMonmouthCumberlandOceanSalemUnionEssexMiddlesexMercerSussexSomersetWarrenHunterdonCape MayAtlanticHudsonBurlingtonPassaic

1 utility 2 3 4 or more

New Jersey counties: first 12 of 21 rows
CountyUtilitiesNames
Burlington3Atlantic City Electric Co; Jersey Central Power & Lt Co; Public Service Elec & Gas Co
Passaic3Jersey Central Power & Lt Co; Public Service Elec & Gas Co; Rockland Electric Co
Bergen2Public Service Elec & Gas Co; Rockland Electric Co
Camden2Atlantic City Electric Co; Public Service Elec & Gas Co
Cumberland2Atlantic City Electric Co; City of Vineland
Essex2Jersey Central Power & Lt Co; Public Service Elec & Gas Co
Gloucester2Atlantic City Electric Co; Public Service Elec & Gas Co
Mercer2Jersey Central Power & Lt Co; Public Service Elec & Gas Co
Middlesex2Jersey Central Power & Lt Co; Public Service Elec & Gas Co
Monmouth2Jersey Central Power & Lt Co; Public Service Elec & Gas Co
Morris2Jersey Central Power & Lt Co; Public Service Elec & Gas Co
Ocean2Atlantic City Electric Co; Jersey Central Power & Lt Co

21 rows from EIA-861 Service Territory, Census 2023 county outlines.

CSV

Analyst note

New Jersey residential power was 10th highest of 51 in 2015 at 15.81 ¢ and is 11th in 2024 at 19.34 ¢, so the state slid down 1 places. The U.S. figure went 12.65 to 16.48 ¢ while New Jersey went +22.3%. The biggest annual move was 2024 at +9.3%; the latest year, 2024, came in at +9.3% against +3.0% for the U.S. Business customers paid 12.79 ¢ in 2015 and 14.64 ¢ in 2024, a gap to homes of -3.02 ¢ then and -4.70 ¢ now; industry went from 10.64 to 11.93 ¢ (+12.1%). Reliability improved at the 3 New Jersey utilities that report in both years: their median SAIDI went from 95 minutes in 2015 to 50 in 2024, -47%, against a U.S. median reporter of 99. Public Service Elec & Gas Co is the largest by accounts with 2,389,765, 55.7% of the 4,287,117 accounts in New Jersey, and the top three hold 96.4%.

At 19.34 ¢/kWh, New Jersey residential power is mid-table in the country: 11th of 51, 2.86 ¢ above the U.S. figure. Since 2015 the residential price moved +22.3% against +30.3% nationally, so New Jersey has slipped behind the national trend by 7.9 points.

Businesses pay 4.70 ¢ less than households here (-24.3%); business is under home price in 51 of 51. The median of 3 reporting utilities is 50.0 SAIDI minutes, 50% under the national median. The top three utilities hold 97.6% of accounts, so a few reliability records set the state picture.

By revenue, New Jersey electricity splits 48.1% residential, 45.5% commercial and 6.4% industrial; by kWh the split is 40.6%, 50.7% and 8.7%. Residential accounts are the largest revenue source here. Home accounts are 87.1% of 4,287,110 accounts and use 662 kWh a month, a commercial account 5,721 and an industrial one 47,042.

Facts

Residents (ACS 2023)
9,267,0143,478,355 households
Electric accounts
4,287,117463 per 1,000 residents
Residential price
19.34 ¢/kWh+2.86 ¢ against the U.S.
Commercial price
14.64 ¢/kWh+1.89 ¢ against the U.S.
Industrial price
11.93 ¢/kWh+3.80 ¢ against the U.S.
Residential since 2015
+22.3%-7.9 points vs U.S.
Retail sales
73.5 TWh7,935 kWh a resident
Utilities listed
54 investor owned, 1 municipal
Median SAIDI
50.0 min3 utilities, 0.50x U.S.
Net-metered capacity
3,157 MW210,798 installations
Top three utilities
97.6%of utility accounts
Business minus home
-4.70 ¢-24.3% of the home price
Counties with 2+ utilities
16 of 21most: Passaic, 3 utilities

Data tables

New Jersey: price by year

YearHomeBusinessIndustryHome vs U.S.
201515.8112.7910.64+3.16
201615.7212.2610.16+3.17
201715.6512.2810.12+2.76
201815.4112.2110.07+2.54
201915.8512.2310.16+2.84
202016.0312.3510.01+2.88
202116.3512.6910.70+2.69
202216.7413.7512.12+1.70
202317.7014.0011.68+1.70
202419.3414.6411.93+2.86

Questions on New Jersey

What is the average residential electricity price in New Jersey?

19.34 cents in 2024, which is +2.86 cents against the U.S. figure.

How has New Jersey residential power changed since 2015?

It went from 15.81 to 19.34 cents, +22.3% in total, -7.9 points against the U.S.

How many electric utilities operate in New Jersey?

5 utilities have New Jersey as their largest state, and 3 of them report SAIDI.

What net-metered capacity do New Jersey utilities report?

3,157 MW over 210,798 installations.

How many accounts per 1,000 people in New Jersey?

463: 4,287,117 accounts for 9,267,014 residents.

Is commercial power cheaper than residential in New Jersey?

Businesses pay 14.64 ¢ and homes 19.34 ¢, a difference of -4.70 ¢.

What did New Jersey residential electricity cost in 2025?

New Jersey averaged 22.63 cents per kWh, +17.0% against 19.34 in 2024, and 11 of 51 among states.

Are New Jersey residential electricity prices rising in 2026?

New Jersey is +1.6 points against the U.S.: 23.98 cents from January to July 2026, +8.7% on 2025.

When in 2025 did New Jersey residential power cost most, July or January?

July at 25.32 cents in New Jersey; January was the lowest at 19.68, a 29% spread.

Does New Jersey residential power cost more than the national average in 2026?

5.77 cents above the national average; New Jersey 23.98 cents over January to July 2026, +8.7% on 2025.

States with a similar home price

Closest to New Jersey at 19.34 ¢/kWh, by 2024 average home price.

More on New Jersey

How New Jersey ranks and compares

New Jersey is 41st cheapest of 51 on price (22.63 ¢); 17th of 44 on outage minutes (103 min); 11th cleanest grid (468 lb CO2 per MWh); 45th highest income burden (1.78%).

All rankings, price, income and outages explorer, compare two states.

Help paying the bill in New Jersey

New Jersey has $134.6 million in federal energy-assistance money for FY2026, shutoff rules and phone lines. Open the New Jersey help page.

Counties in New Jersey ranked: highest and lowest energy burden, storm reports and old homes, county by county.

More on New Jersey

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In 2025 New Jersey homes paid 22.63 ¢/kWh: rank 11 of 51, 30.8% above the U.S. average of 17.30 ¢ (2024: 19.34 ¢).

Cite this page

Underlying data are U.S. government works (EIA, Census Bureau). Our tables and charts: CC BY 4.0, credit Electric Consumer. The access date fills in when you open this page.

APA

Electric Consumer. (2026). New Jersey electricity rates 2025: price per kWh, utilities and outages. Data as of 2 October 2026. Retrieved [date accessed], from https://electricconsumer.org/states/new-jersey.html

MLA

Electric Consumer. “New Jersey electricity rates 2025: price per kWh, utilities and outages.” Electric Consumer, data as of 2 October 2026, https://electricconsumer.org/states/new-jersey.html. Accessed [date accessed].

Chicago

Electric Consumer. “New Jersey electricity rates 2025: price per kWh, utilities and outages.” Data as of 2 October 2026. Accessed [date accessed]. https://electricconsumer.org/states/new-jersey.html.

BibTeX

@misc{usedata_states_new_jersey,
  author = "Electric Consumer",
  title = {New Jersey electricity rates 2025: price per kWh, utilities and outages},
  year = {2026},
  url = {https://electricconsumer.org/states/new-jersey.html},
  note = {Data as of 2 October 2026. Accessed [date accessed]}
}
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