Homes in New Jersey pay an average of 24.95¢ per kWh, 36% above the national average of 18.34¢. Enter your bill to see where you stand.
New Jersey ranks 43rd cheapest of 51 (50 states plus D.C.) for residential electricity. At 24.95¢/kWh, it sits 36% above the national average of 18.34¢, and prices are up 0.3% over the past year.
The typical New Jersey household uses about 669 kWh a month and pays around $167. Among Northeast states, Delaware, Pennsylvania and Maryland have lower rates.
New Jersey lets households buy the electricity itself from a third-party supplier (TPS), while PSE&G, JCP&L, Atlantic City Electric and Rockland Electric keep delivering power, reading meters and handling outages. The program is overseen by the New Jersey Board of Public Utilities (BPU).
If you've never shopped, you're on Basic Generation Service (BGS) from your utility. Basic Generation Service prices are set through a statewide auction, so they move in steps rather than every month.
Many New Jersey towns run Government Energy Aggregation programs that buy supply for residents in bulk, with an opt-out.
With a typical New Jersey bill of about $167, supply is roughly $92 of it. A supply price 10% below your current default rate would save about $9 a month ($110 a year); delivery charges don't change.
Have your utility account number ready, compare offers on the BPU's list of licensed third-party suppliers, and sign up with the supplier you choose. The supplier arranges the switch with your utility and your power isn't interrupted. Note when any fixed rate ends, because many suppliers then move you to a variable rate.
Your utility delivers the power and stays the same whichever supplier you choose. Its name is at the top of your bill.
| Utility | Main service area |
|---|---|
| PSE&G | Newark and much of northern and central New Jersey |
| JCP&L | Central and northern New Jersey, including much of the Shore |
| Atlantic City Electric | Southern New Jersey |
| Rockland Electric | A small area of northern Bergen, Passaic and Sussex counties |
New Jersey opened its market with the Electric Discount and Energy Competition Act of 1999. Today the New Jersey Board of Public Utilities (BPU) oversees the market.
The average residential rate in New Jersey is 24.95 cents per kWh as of September 2026, 36% above the national average of 18.34¢, and about $167 a month for a typical home.
If you haven't chosen a supplier, you're on Basic Generation Service (BGS) from your utility. It's the price any supplier offer needs to beat.
The New Jersey Board of Public Utilities (BPU). You can compare offers on the BPU's list of licensed third-party suppliers.
Many New Jersey towns run Government Energy Aggregation programs that buy supply for residents in bulk, with an opt-out.
Averages are EIA residential revenue divided by kWh sold, September 2026. Your rate depends on your utility, plan and season. See average rates for all 50 states.