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New Jersey electricity prices

Northeast region · residential average · EIA Electric Power Monthly March 2026

Residential electricity in New Jersey averages 23.49¢/kWh (EIA, March 2026), which is +26.6% versus the US average of 18.56¢ — well above the US average rate. That makes it the #12 of 51 state by price (1 = most expensive). At this rate, a home using 1,000 kWh in a month pays about $235 for energy, and a 1,500 W space heater run 8 hours a day costs about $28.19/month.

Source: EIA Electric Power Monthly, Table 5.6.A (residential). Data as of June 2026.

New Jersey electricity price at a glance

FigureNew Jersey
Residential price (EIA)23.49¢/kWh
Versus US average+26.6% (US avg 18.56¢)
Price rank (1 = most expensive of 51)#12
Cost of 1,000 kWh/month$235

Source: EIA Electric Power Monthly, Table 5.6.A (residential) (March 2026). Data as of June 2026.

Cost to run common appliances in New Jersey

Monthly cost at typical usage, at the New Jersey rate of 23.49¢/kWh, versus the US average:

ApplianceIn New JerseyUS average
Electric space heater$28.19$22.27
Central air conditioner$65.77$51.97
Electric water heater (tank)$96.46$76.21
Refrigerator$11.75$9.28
Electric clothes dryer$11.75$9.28
EV charging (home, Level 2)$78.30$61.87

Source: EIA Electric Power Monthly, Table 5.6.A (residential) (March 2026); DOE/ENERGY STAR typical wattage. Data as of June 2026.

Use the calculator to price any of the 36 appliances at the New Jersey rate.

How New Jersey compares

The five states with the closest electricity price to New Jersey:

New Jersey and its nearest-rate peer states. Source: EIA Electric Power Monthly, March 2026.
StateResidential ¢/kWhvs US avg
New Jersey (this state)23.49¢+26.6%
Vermont24.11¢+29.9%
Maryland22.20¢+19.6%
District of Columbia25.00¢+34.7%
Michigan21.20¢+14.2%
Pennsylvania20.92¢+12.7%

Frequently asked questions

What is the electricity rate in New Jersey?

The average residential electricity price in New Jersey is 23.49¢ per kWh (EIA Electric Power Monthly, March 2026), which is +26.6% versus the US average of 18.56¢, well above the US average rate. It ranks #12 of 51 from most to least expensive.

Is electricity expensive in New Jersey?

New Jersey is expensive on residential electricity at 23.49¢/kWh, well above the US average rate. Your actual rate depends on your utility and plan; check your bill for your exact price per kWh.

How much does it cost to run a space heater in New Jersey?

A 1,500 W space heater run 8 hours a day in New Jersey costs about $28.19 per month at 23.49¢/kWh, versus $22.27 at the US average. Use the calculator for other appliances.

What is the average electricity bill in New Jersey?

A home using 1,000 kWh in a month would pay about $235 for energy in New Jersey at 23.49¢/kWh, before fixed charges, taxes and fees. Typical US household use is around 850 to 950 kWh/month.

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Sources & accuracy

Price: EIA Electric Power Monthly, Table 5.6.A (residential) (March 2026), residential average, US public domain. This is a statewide average — your utility's rate, plan and time-of-use pricing can differ. Appliance costs use DOE/ENERGY STAR typical wattage and are estimates (see methodology). Verify with your own bill before relying on these figures.

Last updated: 2026-06-20