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Energy Profile

How Much Is Electricity in New Jersey?

The residential electricity rate in New Jersey is 22.63¢ per kilowatt-hour (kWh), ranking #41 cheapest among all 51 US states. The national average is 17.92¢/kWh, making New Jersey 26% above average.

22.63¢

Residential

#41

Price Rank

3.8%

Renewable

Residential Rate22.63¢/kWh
Commercial Rate16.63¢/kWh
Industrial Rate13.90¢/kWh
US Average (Residential)17.92¢/kWh