New Jersey Electricity Rates (2026)

18.2¢/kWhstate average

12.3% above national average

Utilities in New Jersey

Individual utility data for New Jersey is coming soon. The state average residential rate is 18.2¢/kWh.

Rate Outlook for New Jersey

How Accurate Were Past Forecasts?

EIA projections for New Jersey vs. actual observed rates

Data Sources: U.S. Energy Information Administration — Annual Energy Outlook (AEO2010, AEO2015, AEO2020, AEO2025) and Monthly Energy Review.

Methodology: State-level projections are derived by applying national rate trends from EIA's Annual Energy Outlook to New Jersey's current observed rate. EIA does not publish state-level projections.

Freshness: This data is checked weekly against EIA's open data APIs. The Monthly Energy Review updates monthly with observed rates. The Annual Energy Outlook publishes new projections annually.

View source data at EIA Open Data