Electricity cost in New Jersey
Electricity in New Jersey costs 19.34 cents per kWh (EIA, 2024), 17% more than the U.S. average. The average home bill is about $128 a month.
New Jersey vs the U.S.
Electricity in New Jersey costs 17% more than the national average of 16.48 cents per kWh. Homes there use 23% less than the national average of 863 kWh a month, so the typical bill of $128 is 10% less than the U.S. typical bill of $142 (our calculation). Prices have kept rising since: the national average reached 18.31 cents in July 2026.
| State | ¢ per kWh | Avg bill / month | Rank |
|---|---|---|---|
| Maryland | 17.86 | $166 | 39 |
| Michigan | 19.30 | $119 | 40 |
| New Jersey | 19.34 | $128 | 41 |
| Vermont | 21.90 | $126 | 42 |
| New Hampshire | 23.40 | $145 | 43 |
| U.S. average | 16.48 | $142 | - |
Source: U.S. Energy Information Administration, 2024 Average Monthly Bill, Residential (Electric Sales, Revenue, and Average Price, Table 5.a), released Oct 7, 2025. Bills and EV costs are our calculation (price × use; 310 kWh per 1,000 miles from fueleconomy.gov). Your utility's rates and fees may differ.
Ways to use this number
Compare it with the rate on your own bill, check what a new heat pump or furnace would cost to run before an HVAC replacement, or see whether an EV beats gas in New Jersey. For every monthly bill in one place, read our average utility bill guide or grab the free monthly budget planner.
Common questions
How much is electricity in New Jersey?
Homes in New Jersey paid an average of 19.34 cents per kWh in 2024, per the U.S. Energy Information Administration. That ranks 41 of 51 (1 = cheapest).
What is the average electric bill in New Jersey?
With average use of 662 kWh a month, the bill comes to about $128 a month, or $1,536 a year (our calculation from EIA data).
How much does it cost to charge an EV in New Jersey?
About $60 per 1,000 miles charging at home, using 31 kWh per 100 miles (2024 Chevrolet Equinox EV, fueleconomy.gov) and the New Jersey average price (our calculation).