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Energy Profile

New Jersey — Electricity Costs & Energy Profile

New Jersey residential electricity costs 22.63¢/kWh, ranking #41 cheapest among all states.

22.63¢

Residential Rate

#41

Price Rank (Cheapest)

—

Renewable Energy

16.63¢

Commercial Rate

Electricity Rates

Residential22.63¢/kWh
Commercial16.63¢/kWh
Industrial13.90¢/kWh
National Average (Residential)17.92¢/kWh

Frequently Asked Questions

The residential electricity rate in New Jersey is 22.63¢ per kilowatt-hour, ranking #41 cheapest among all states. The national average is 17.92¢/kWh.

Renewable energy generation data for New Jersey is available in our detailed state profile.

Sources: US Energy Information Administration (EIA)

Electricity rates from EIA retail sales data. Prices in cents per kilowatt-hour. Generation mix from EIA electric power operational data.