New Jersey Electricity Rates
Residential rate
23.53¢/kWh
+25% vs US average
Rank (most expensive)
#12
of 51 (incl. DC)
Est. monthly bill
$207
at the US-typical 880 kWh/month
What that rate means in practice
| Appliance (typical use) | Cost per month in New Jersey |
|---|---|
| Space heater | $64.38 |
| Central air conditioner (3 ton) | $200.29 |
| Window AC unit | $51.50 |
| Portable AC unit | $62.95 |
| Electric water heater (tank) | $85.84 |
| Heat pump water heater | $21.46 |
| Electric clothes dryer | $21.46 |
| Washing machine | $1.79 |
| Dishwasher | $9.30 |
| Refrigerator (modern) | $8.58 |
| Chest freezer | $10.01 |
| Electric oven | $17.88 |
Typical wattages and durations, adjust them in the calculator.
Run your own numbers for New Jersey
- Heat pump vs gas furnace, gas here currently costs about $1.40/therm
- EV home charging cost
- Solar payback under 2026 rules
- New Jersey rebates that are still available
Rate source: EIA Electric Power Monthly, Table 5.6.A (residential average). Bills vary by utility and usage.