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New Jersey Electricity Rates

New Jersey deregulated electricity in 1999. The state has strong consumer protections and supplier requirements.

Average Residential Rate

23.4¢

per kWh (EIA data)

5.3¢ above national avg

Rate Comparison Coming Soon

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About New Jersey Electricity Choice

Choice Program

NJ Energy Choice

Deregulated since 1999

Regulator

New Jersey Board of Public Utilities (BPU)

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Residential Customers

3.6 million

Eligible for choice

Major Utilities in New Jersey

These utilities deliver power to New Jersey residents. With electricity choice, you can pick your supplier while they handle delivery.

PSE&G
JCP&L
Atlantic City Electric
Rockland Electric

How New Jersey Rates Compare

See how New Jersey's average residential rate stacks up against other deregulated states.

State Avg Rate vs National Status
Texas
15.8¢ -2.2¢ Compare rates →
Virginia
16.6¢ -1.4¢ Coming soon
Ohio
17.6¢ -0.5¢ Compare rates →
Delaware
18.1¢ +0.1¢ Coming soon
Illinois
19.1¢ +1.0¢ Coming soon
Pennsylvania
20.5¢ +2.4¢ Compare rates →
Maryland
21.1¢ +3.0¢ Coming soon
Michigan
21.2¢ +3.1¢ Coming soon
New Jersey
23.4¢ +5.3¢ Coming soon
Washington DC
23.7¢ +5.6¢ Coming soon
New York
27.2¢ +9.2¢ Coming soon
New Hampshire
27.8¢ +9.8¢ Coming soon
Maine
28.0¢ +9.9¢ Coming soon
Rhode Island
28.3¢ +10.2¢ Coming soon
Massachusetts
30.4¢ +12.3¢ Compare rates →
Connecticut
30.5¢ +12.4¢ Coming soon
National Average 18.07¢ EIA Sept 2025

Looking to compare rates now?

Live rate comparison is currently available in Texas, Ohio, Pennsylvania, and Massachusetts.