Data current through June 2026 — the latest available from the U.S. EIA, which publishes monthly figures on a roughly two-month delay.
Average monthly bill
Full bill breakdown →23.81¢/kWh × 672 kWh a month. Residential revenue divided by residential customers, averaged over the 12 months to June 2026 — the 21st highest among the 50 states and DC.
Compared with the U.S. and neighboring states
| New Jersey | $160 | |
|---|---|---|
| U.S. average | $156 | |
| Pennsylvania | $173 | |
| Delaware | $166 | |
| New York | $165 |
New Jersey is $4 a month above (+2.6%) the U.S. average of $156. Average monthly bill, July 2025 – June 2026.
How New Jersey makes its electricity
Fuel mix & 10-year trend →Power plants →| Source | Share | Generation |
|---|---|---|
| Natural gas | 48.9% | 30,216 GWh |
| Coal | 0.0% | 0 GWh |
| Nuclear | 45.4% | 28,075 GWh |
| Wind | 0.0% | 20 GWh |
| Solar | 3.4% | 2,098 GWh |
| Hydro | 0.0% | 0 GWh |
| Other | 2.3% | 1,416 GWh |
61.8 TWh of net generation over the 12 months to June 2026. Generation, not consumption — power crosses state lines.
New Jersey electricity prices in context
New Jersey's residential electricity rate stands at 23.27¢/kWh in May 2026, the 13th highest among the 50 states and DC. This is 4.83¢/kWh above the national average of 18.44¢/kWh, representing a 26.2% premium. Among its neighbors, New York carries a higher rate at 29.93¢/kWh, while Pennsylvania at 21.55¢/kWh and Delaware at 19.38¢/kWh both fall below New Jersey. Commercial rates stand at 17.86¢/kWh and industrial rates at 14.57¢/kWh.
The price has climbed sharply in recent years, rising 45.9% since May 2021 when it was 15.95¢/kWh, and surging 103.1% over two decades from 11.46¢/kWh in May 2006. Over the longer view, the rate has more than doubled since January 2001, when it was 9.62¢/kWh, for a 141.9% increase. The current rate sits below its recent peak of 25.32¢/kWh in July 2025 but remains well above the record low of 9.34¢/kWh from February 2001.
The average monthly residential bill reaches $160 for 672 kWh, slightly above the national average bill of $155, though usage runs well below the national average of 871 kWh per month. Year-over-year, rates have climbed 13.6% in the past year.
Written from the EIA figures on this page, covering data through May 2026.
12-month trend
Price history since 2001
Average retail price in all three sectors, every month since January 2001.
Residential
- Jan '01
- 9.62¢
- Now
- 24.95¢
- Change
- ▲ 159.4%
- Range
- 9.34–25.32¢
Recent months
| Month | Residential | Commercial | Industrial |
|---|---|---|---|
| June 2026 | 24.95 | 18.47 | 15.65 |
| May 2026 | 23.27 | 17.86 | 14.57 |
| April 2026 | 23.53 | 16.77 | 15.22 |
| March 2026 | 23.49 | 17.21 | 13.56 |
| February 2026 | 23.12 | 17.29 | 15.52 |
| January 2026 | 23.13 | 17.41 | 16.27 |
| December 2025 | 22.98 | 16.13 | 13.95 |
| November 2025 | 22.73 | 15.91 | 13.64 |
| October 2025 | 22.55 | 16.27 | 14.17 |
| September 2025 | 23.39 | 17.32 | 13.94 |
| August 2025 | 24.95 | 18.68 | 15.17 |
| July 2025 | 25.32 | 18.36 | 14.92 |
Prices in ¢/kWh.