Statistics
Page built 2026-09-22
Data as of 2026-06
Search
Built 2026-09-22 (22 September 2026)

New Jersey Electricity Prices: 22.63 US cents/kWh Residential, 2025

The average residential price of electricity in New Jersey was 22.63 US cents/kWh in 2025, the 11th highest residential price of the 51 states and DC. That is over the previous year +17.0%, over five years +41.2%, over ten years +43.1%. Commercial customers paid 16.63 US cents/kWh and industrial customers 13.90 US cents/kWh in 2025. These are EIA statistics; they are not real time and do not include taxes or fees billed separately by some utilities.

Key Facts

  • The average residential price of electricity in New Jersey was 22.63 US cents/kWh in 2025, the 11th highest residential price of the 51 states and DC.
  • Commercial customers in New Jersey paid an average of 16.63 US cents/kWh in 2025, and industrial customers 13.90 US cents/kWh.
  • New Jersey's residential electricity price rose 41.2% over the five years to 2025.
  • New Jersey's residential electricity price rose 43.1% over the ten years to 2025.
  • The most recent monthly figure for New Jersey is June 2026.

Key Figures

MeasureValueAs of / source
Residential price22.63 US cents/kWh2025 · EIA
Commercial price16.63 US cents/kWh2025 · EIA
Industrial price13.90 US cents/kWh2025 · EIA
All sectors18.84 US cents/kWh2025 · EIA
Residential price rank, highest first11 of 512025 · EIA
Change over 1 year+17.0%to 2025 · EIA
Change over 5 years+41.2%to 2025 · EIA
Change over 10 years+43.1%to 2025 · EIA

Source: U.S. Energy Information Administration (EIA). (US Government work, public domain) Data as of 2025. Average revenue per kWh sold, including delivery charges and taxes collected by utilities, in nominal US cents.

Price History, 2001 to 2025

EIA annual statistics
New Jersey average electricity price by sector, 2001 to 2025 New Jersey's average electricity price by customer sector from 2001 to 2025, in US cents per kWh. In 2025 the residential price was 22.63 US cents/kWh. 0 6 13 19 25 20012006201120162021
New Jersey's average electricity price by customer sector from 2001 to 2025, in US cents per kWh. In 2025 the residential price was 22.63 US cents/kWh.
Annual statistics through 2025, US cents/kWh
New Jersey average electricity price by sector, 2001 to 2025
YearAll sectorsResidentialCommercialIndustrial
20019.36 US cents/kWh10.21 US cents/kWh9.09 US cents/kWh8.33 US cents/kWh
20029.30 US cents/kWh10.38 US cents/kWh8.90 US cents/kWh7.72 US cents/kWh
20039.48 US cents/kWh10.67 US cents/kWh9.11 US cents/kWh7.99 US cents/kWh
200410.29 US cents/kWh11.23 US cents/kWh9.96 US cents/kWh9.03 US cents/kWh
200510.89 US cents/kWh11.74 US cents/kWh10.61 US cents/kWh9.76 US cents/kWh
200611.88 US cents/kWh12.84 US cents/kWh11.62 US cents/kWh10.42 US cents/kWh
200713.01 US cents/kWh14.14 US cents/kWh12.99 US cents/kWh10.08 US cents/kWh
200814.43 US cents/kWh15.66 US cents/kWh14.03 US cents/kWh12.54 US cents/kWh
200914.53 US cents/kWh16.31 US cents/kWh13.84 US cents/kWh11.89 US cents/kWh
201014.68 US cents/kWh16.57 US cents/kWh13.89 US cents/kWh11.81 US cents/kWh
201114.30 US cents/kWh16.23 US cents/kWh13.47 US cents/kWh11.43 US cents/kWh
201213.68 US cents/kWh15.78 US cents/kWh12.78 US cents/kWh10.52 US cents/kWh
201313.69 US cents/kWh15.73 US cents/kWh12.77 US cents/kWh10.80 US cents/kWh
201413.95 US cents/kWh15.78 US cents/kWh13.15 US cents/kWh11.38 US cents/kWh
201513.74 US cents/kWh15.81 US cents/kWh12.79 US cents/kWh10.64 US cents/kWh
201613.38 US cents/kWh15.72 US cents/kWh12.26 US cents/kWh10.16 US cents/kWh
201713.32 US cents/kWh15.65 US cents/kWh12.28 US cents/kWh10.12 US cents/kWh
201813.23 US cents/kWh15.41 US cents/kWh12.21 US cents/kWh10.07 US cents/kWh
201913.42 US cents/kWh15.85 US cents/kWh12.23 US cents/kWh10.16 US cents/kWh
202013.63 US cents/kWh16.03 US cents/kWh12.35 US cents/kWh10.01 US cents/kWh
202114.01 US cents/kWh16.35 US cents/kWh12.69 US cents/kWh10.70 US cents/kWh
202214.80 US cents/kWh16.74 US cents/kWh13.75 US cents/kWh12.12 US cents/kWh
202315.27 US cents/kWh17.70 US cents/kWh14.00 US cents/kWh11.68 US cents/kWh
202416.29 US cents/kWh19.34 US cents/kWh14.64 US cents/kWh11.93 US cents/kWh
202518.84 US cents/kWh22.63 US cents/kWh16.63 US cents/kWh13.90 US cents/kWh

Month by Month

EIA monthly statistics, preliminary for recent months, through June 2026
New Jersey average electricity price, all sectors and residential, by month New Jersey's average electricity price by month, in US cents per kWh, from July 2025 to June 2026. 0 8 15 23 30 Jul 2025Aug 2025Sep 2025Oct 2025Nov 2025Dec 2025Jan 2026Feb 2026Mar 2026Apr 2026May 2026Jun 2026
New Jersey's average electricity price by month, in US cents per kWh, from July 2025 to June 2026.
Monthly statistics through June 2026, US cents/kWh
New Jersey average electricity price, all sectors and residential, by month
MonthAll sectorsResidential
2025-0721.56 US cents/kWh25.32 US cents/kWh
2025-0821.20 US cents/kWh24.95 US cents/kWh
2025-0919.44 US cents/kWh23.39 US cents/kWh
2025-1018.25 US cents/kWh22.55 US cents/kWh
2025-1118.28 US cents/kWh22.73 US cents/kWh
2025-1218.75 US cents/kWh22.98 US cents/kWh
2026-0119.77 US cents/kWh23.13 US cents/kWh
2026-0219.49 US cents/kWh23.12 US cents/kWh
2026-0319.11 US cents/kWh23.49 US cents/kWh
2026-0419.02 US cents/kWh23.53 US cents/kWh
2026-0519.54 US cents/kWh23.27 US cents/kWh
2026-0621.24 US cents/kWh24.95 US cents/kWh

Source: U.S. Energy Information Administration (EIA). (US Government work, public domain) Data as of June 2026.