ElectricRates
New Jersey Energy Choice

Compare New Jersey Electricity Rates

Compare PSEG, JCP&L, Atlantic City Electric, and Rockland Electric Third-Party Supplier plans. Ranked by total monthly bill at your real usage, base charges and fees included, not just the sticker rate.

New Jersey residential electricity rates average 25.2¢/kWh, supply and delivery combined (EIA.gov). The cheapest fixed 12-month plan listed today, monthly fees included, is 14.3¢/kWh from Clearview Energy in Atlantic City Electric territory. Supplier prices cover supply only; delivery is billed separately by your utility.

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Average rates
U.S. Energy Information Administration
Supplier offers and prices to compare
PowerKiosk, as of October 24, 2026
Federal figures
Refreshed weekly, last October 19, 2026
Regulator
New Jersey Board of Public Utilities

Supplier choice

Can you choose your electricity supplier in New Jersey?

Yes. New Jersey deregulated retail electricity in 1999 under the Electric Discount and Energy Competition Act (EDECA). Every residential customer can choose any Third-Party Supplier licensed by the New Jersey Board of Public Utilities. The Electric Distribution Company (PSEG, JCP&L, Atlantic City Electric, or Rockland Electric) continues to deliver power and respond to outages. Only the generation portion of your bill changes when you switch suppliers.

Compare like with like

A supplier's price covers supply only, so compare it with your utility's price to compare (its Basic Generation Service rate), the default supply rate you pay if you never switch. The state average from EIA includes delivery, which your utility bills separately whichever supplier you pick.

Oversight
New Jersey Board of Public Utilities (NJBPU)
Grid operator
PJM Interconnection (PJM)
Supplier licensing
NJBPU-licensed Third-Party Suppliers

New Jersey electricity rates

State average · U.S. EIA
25.2¢/kWh incl. delivery
Cheapest fixed 12-month plan today
14.3¢/kWh supply only
Clearview Energy, Atlantic City Electric territory, monthly fees included; 19% below its utility's price to compare
Check Your Rates

Your utility and the switching gap

What switching could save in New Jersey

The statewide average is 25.2¢ per kWh (U.S. EIA). The cheapest fixed 12-month plan listed on ElectricRates.org today is 14.3¢ per kWh in Atlantic City Electric territory. That average includes delivery. Supplier prices cover supply only, so each utility below is measured against its own price to compare.

Prices as of October 24, 2026 · refreshed daily

PSEG, JCP&L, Atlantic City Electric, and Rockland Electric deliver electricity to New Jersey homes. Your utility is determined by your address; you choose the supplier.

  • Atlantic City Electric

    Southern New Jersey

    11 fixed offers
    Price to compare
    17.6¢
    Since October 1, 2026
    Cheapest 12-month fixed plan
    14.3¢
    Clearview Energy

    −3.3¢ per kWh vs. price to compare

    $33 a month less at 1,000 kWh (19% below)

    Compare Atlantic City Electric plans

  • JCP&L

    Central & Coastal New Jersey

    9 fixed offers
    Price to compare
    15.2¢
    Since October 1, 2026
    Cheapest 12-month fixed plan
    16.7¢
    Clearview Energy

    +1.5¢ per kWh vs. price to compare

    $15 a month more at 1,000 kWh

    Compare JCP&L plans

  • PSEG

    Northern & Central New Jersey

    11 fixed offers
    Price to compare
    19.6¢
    Since October 1, 2026
    Cheapest 12-month fixed plan
    19.8¢
    Major Energy

    +0.2¢ per kWh vs. price to compare

    $2 a month more at 1,000 kWh

    Compare PSEG plans

  • Rockland Electric

    Northwestern New Jersey

    1 fixed offer
    Price to compare
    18.4¢
    Since October 1, 2026
    Cheapest 12-month fixed plan
    20.0¢
    Verde Energy

    +1.6¢ per kWh vs. price to compare

    $16 a month more at 1,000 kWh

    Compare Rockland Electric plans

Statewide average: U.S. Energy Information Administration (EIA). Plan prices: offers listed on ElectricRates.org from the PowerKiosk utility and supplier rate database, updated daily. Cheapest fixed plan is the lowest rate at 1,000 kWh a month on a 12-month term, or the nearest term between 6 and 24 months where no 12-month plan is listed, monthly fees included. Prices in ¢ per kWh, supply only. Prices as of October 24, 2026. How we source rates

Current offers

Lowest supplier rates for PSEG customers

Fixed-rate plans ranked by price for PSEG residential customers at 1,000 kWh a month, monthly fees included. Updated October 24, 2026. Rates differ by utility, so check your ZIP if PSEG isn't yours.

  • Major Energy

    Secure Choice 12

    12 mo · Fixed

    Cheapest 12-month fixed

    19.8¢/kWh

  • Spark Energy

    Secure 12

    12 mo · Fixed

    19.8¢/kWh

  • Major Energy

    Secure Green Choice 12

    12 mo · Fixed · 100% renewable

    20.0¢/kWh

  • Verde Energy

    Clean Power 12

    12 mo · Fixed · 100% renewable

    20.0¢/kWh

  • Think Energy

    Think Clean 12

    12 mo · Fixed

    21.0¢/kWh

  • Clearview Energy

    ClearGuarantee12Plus

    12 mo · Fixed

    23.7¢/kWhincl. $9.99/mo fee

  • Clearview Energy

    ClearGuarantee12

    12 mo · Fixed

    23.9¢/kWh

  • Clearview Energy

    ClearCharge12Plus

    12 mo · Fixed

    24.9¢/kWhincl. $9.99/mo fee

Rates from NJBPU-licensed suppliers. Lowest 8 of 11 fixed offers. Verify rates ↗

Check Your Rates

Price to compare

19.6¢/kWh

PSEG default supply rate, since October 1, 2026

Supplier prices cover supply only; delivery is billed separately by your utility. A plan saves money only when its rate is below the price to compare.

Today's offers against 19.6¢

0 of 11

fixed offers listed today are below PSEG's price to compare. The cheapest 12-month fixed plan, 19.8¢, is 0.2¢ above it.

Price to compare at 1,000 kWh
$196 a month
Cheapest 12-month fixed at 1,000 kWh
$198 a month

Supply only. Offers change daily; other New Jersey utilities are in the cards above.

Get an alert when New Jersey rates change →

How switching works

How New Jersey Energy Choice Works

A TPS rate below your EDC's Basic Generation Service rate at your real usage saves money on the supply portion of your bill. We rank every NJBPU-licensed plan by total monthly cost, base charges and fees included.

How Energy Choice works

  1. Step 1

    Pick a licensed supplier

    Any Third-Party Supplier licensed by the New Jersey Board of Public Utilities.

  2. Step 2

    The supplier enrolls you

    The supplier handles enrollment with your EDC. No service interruption, no technician visit.

  3. Step 3

    Your next meter read

    The switch processes on your next meter read, typically one to two billing cycles. Your EDC bill lists the new supplier and rate.

  4. Step 4

    Three days to change your mind

    New contracts include a 3-day rescission window, and you can return to Basic Generation Service at any time at no cost.

New Jersey deregulated retail electricity in 1999 under the Electric Discount and Energy Competition Act. Your bill splits into two parts: delivery (handled by your Electric Distribution Company: PSEG, JCP&L, Atlantic City Electric, or Rockland Electric) and generation (handled by either the EDC's Basic Generation Service rate or a Third-Party Supplier you choose).

The NJ Board of Public Utilities licenses every Third-Party Supplier, sets BGS rates through an annual auction, and runs NJ Energy Choice as the consumer-facing comparison. When you switch, your EDC continues to deliver electricity: same wires, same outage response. The switch processes on your next meter read.

The default rate

What is Basic Generation Service (BGS)?

Basic Generation Service is the default electricity supply rate that EDCs charge residential customers who haven't chosen a Third-Party Supplier. The BGS-RSCP (Residential Small Commercial Pricing) rate is set each June 1 through an annual auction administered by the NJ Board of Public Utilities. EDCs bill BGS at no markup — they pass generation costs through. A TPS rate below BGS at your real monthly usage saves money on the supply portion of your bill.

Your EDC still delivers the power

PSEG, JCP&L, Atlantic City Electric and Rockland Electric keep delivering your electricity, reading your meter and responding to outages whichever supplier you choose. Only the generation portion of your bill changes.

Bill help

Help with your New Jersey bill and your switch

Ranking

New Jersey electricity rates against other states

Average residential rates from the U.S. EIA. These averages include delivery. New Jersey supplier offers cover supply only, so compare them with your utility's price to compare (its Basic Generation Service rate).

Residential
25.2¢/kWh
+37.6% vs. the U.S. average (18.3¢)
Commercial
19.2¢/kWh
Industrial 15.6¢, all sectors 21.9¢
Rank by price
10th highest
of the 50 states and DC

Most expensive

  1. 1Hawaii48.0¢
  2. 2California33.6¢
  3. 3Maine32.4¢
  4. 4Massachusetts30.5¢
  5. 5New York29.9¢

Most affordable

  1. 51Louisiana12.7¢
  2. 50Nevada12.8¢
  3. 49Utah13.1¢
  4. 48North Dakota13.4¢
  5. 46Tennessee13.7¢

Rank 1 is the most expensive of the 50 states and DC; states that show the same rate share a rank. Residential averages, U.S. Energy Information Administration, July 2026.

Trend

How New Jersey rates have changed

Over ten years, New Jersey rates grew faster than the national average: +4.6% a year against +3.7%. Same-month comparisons from EIA's monthly series, so seasonal swings do not distort the trend.

Change over the past 12 months
−0.5%
U.S. +4.9%
Five years, annualized
+8.3%
U.S. +5.8% a year
Ten years, annualized
+4.6%
U.S. +3.7% a year
Since 2001, annualized
+3.8%
U.S. +3.4% a year
Residential price, cents per kWh, Aug 2016 to Jul 2026New JerseyU.S. average
10¢15¢20¢25¢30¢
25.2¢18.3¢
20172019202120232025

EIA Electric Power Monthly, average retail price to residential customers, by month. The right-hand figures are the latest month.

Data: U.S. Energy Information Administration (EIA)ElectricRates.org
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Month by month, the last twelve months
Month¢ per kWhvs. U.S.kWh per home
Jul 202625.19+37.6%1,036
Jun 202624.95+36.0%831
May 202623.27+26.2%546
Apr 202623.53+25.0%469
Mar 202623.49+26.6%547
Feb 202623.12+31.0%634
Jan 202623.13+32.6%753
Dec 202522.98+33.3%699
Nov 202522.73+27.8%516
Oct 202522.55+25.5%482
Sep 202523.39+29.4%618
Aug 202524.95+41.7%835

Rate alert

Know when New Jersey's rate changes

One email when EIA publishes a new month: the rate, the change, nothing else.

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Rate cases

New Jersey electric rate cases

No pending cases and 2 settled in the last 24 months, from the New Jersey Board of Public Utilities's dockets and the utilities' own filings. Researched October 18, 2026. These cases change delivery charges, which every customer pays whichever supplier they choose.

Electric rate cases by state
  1. SettledDocket ER25060374

    Rockland Electric Company

    Requested
    $18.7M (6.6%) a year
    Typical home
    +$14.03 a month
    Filed
    Jun 30, 2025
    Decided
    Jun 30, 2026
    Approved
    $15.3M (4.6%) a year
    Effective
    Jul 1, 2026

    Rockland Electric asked the Board of Public Utilities for about $18.74 million more a year.

    Full summary

    On June 30, 2026 the Board approved a settlement of $15.25 million a year, a 4.6% rise in overall revenues, which the Board says adds about $14.03 a month for a typical home using 925 kWh.

    Source: nj.gov

  2. SettledDocket ER24110854

    Atlantic City Electric

    Requested
    $120M a year
    Typical home
    +$6.77 a month
    Filed
    Nov 21, 2024
    Decided
    Nov 21, 2025
    Approved
    $54M a year
    Effective
    Dec 1, 2025

    Atlantic City Electric asked the Board of Public Utilities for about $120 million more a year.

    Full summary

    On November 21, 2025 the Board approved a settlement with a net revenue requirement of $54 million, which the Board says adds $6.77 a month for a typical home, for service on and after December 1, 2025.

    Source: nj.gov

Utility rates

What each New Jersey utility charged, 2025

Average residential rate at each utility in 2025, its revenue divided by its kWh sales, from EIA Form 861, supply and delivery together. Public Service Electric & Gas Co serves the most homes, 55.7% of New Jersey's residential customers, at 25.0¢ per kWh against the New Jersey average of 22.5¢.

Average residential rate at New Jersey's largest utilities, 2025

Data: U.S. Energy Information Administration (EIA), Form EIA-861 annual survey, Sales to Ultimate CustomersElectricRates.org
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Bars above the state average are red, below it green. The full list ranks all 5 utilities with at least 1,000 residential customers with each one's bill, usage and one-year change: New Jersey electric utilities and their average rates.

Seasons

When New Jersey bills peak

New Jersey's residential rate over the last twelve reported months was highest in July 2026 (25.2¢) and lowest in October 2025 (22.6¢). Usage per home peaked in July 2026. New Jersey homes use 23.7% less than the U.S. average amount of electricity, and average bill is about the same as the national $157.

Heating degree days, Oct 2025 to Sep 2026
5,454
+0.2% vs. normal (5,444)
Cooling degree days, same period
1,027
+34.1% vs. normal (766)
Homes heating with electricity
16.2%
73% with utility gas (ACS 2024)
Average use per home
664 kWh
a month; 23.7% less than the U.S. 870 kWh

Degree days measure how far daily temperatures ran from 65°F, weighted by where people live: more heating degree days means more furnace and heat-pump demand, more cooling degree days means more air conditioning. NOAA Climate Prediction Center, population-weighted state values, October 2025 to September 2026.

Grid

Where New Jersey's electricity comes from

In 2025, natural gas produced 49.0% of the electricity generated in New Jersey. Fossil fuels supplied 49.3% and renewables 3.6%, with nuclear at 47.3%. EPA's eGRID puts the state's grid at 468 pounds of CO₂ per megawatt-hour (2023).

Share of net generation by fuel, 2025
  • Natural gas49.0%
  • Nuclear47.3%
  • Solar3.1%
  • All other sources0.9%

All other sources: other biomass 0.4%, petroleum 0.2%, other 0.2%, other gases 0.1%.

Data: U.S. Energy Information Administration (EIA)ElectricRates.org
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Grid operator: PJM Interconnection (PJM). Shares are of total net generation in the state (59,027 GWh in 2025); power also crosses state lines, so what a home consumes can differ from what the state generates.

Fossil fuels
49.3%
coal, natural gas, petroleum
Renewables
3.6%
wind, solar, hydro, geothermal, biomass
Carbon-free, including nuclear
50.9%
nuclear alone 47.3%
Pounds of CO₂ per MWh, 2023
468
EPA eGRID output emission rate

Outages

How often the power goes out

In 2024, the average New Jersey customer went without power for a total of 174 minutes, counting major storms, and had 1.1 interruptions on average. Leaving out major event days, the totals were 100 minutes and 0.9 interruptions, the better measure of day-to-day grid condition. Your utility handles outages whichever supplier you choose.

Outage minutes (SAIDI, the System Average Interruption Duration Index) and interruptions (SAIFI, the System Average Interruption Frequency Index) as utilities report them to EIA on Form 861, totals for 2024.

Excluding major events
100 min
0.9 interruptions a year
All events, including storms
174 min
1.1 interruptions a year

Movers

Moving to New Jersey? What changes on your electric bill

About 150,000 people moved to New Jersey from other states in 2024 while about 215,000 left, a net loss of about 65,000. The largest group came from New York, where the residential rate is 29.9¢ per kWh; they will find New Jersey rates 15.8% less than what they paid.

Moved in from other states
149,816
Moved out to other states
214,516
Net change
−64,700

Where new arrivals came from

FromPeopleNew Jersey vs. there
New York56,799−15.8%
Pennsylvania25,902+16.0%
Florida12,121+67.6%
California8,021−25.1%
North Carolina4,950+66.2%

Where people who left went

ToPeopleThere vs. New Jersey
Pennsylvania38,467−13.8%
New York36,002+18.7%
Florida22,646−40.3%
Texas11,078−37.0%
Virginia11,018−30.3%

American Community Survey 1-year estimates, 2024; the largest flow carries a 90% margin of error of about ±15%. Rates are each state's latest EIA residential average (July 2026). Moving within New Jersey? Your new address decides your utility and its price to compare; check rates for the new ZIP.

Move calculator

What your electric bill could be after a move to New Jersey

Pick where you live now and where you are headed. The calculator prices the same monthly use at each state's latest EIA average residential rate. Use starts at New Jersey's typical 664 kWh; change it to match your bills.

Open the full move calculator

Typical for New Jersey: 664 kWh

Bill in a U.S.-average state

$122a month

18.3¢ per kWh

Bill in New Jersey

$167a month

25.2¢ per kWh, 10th highest of 51

Difference after the move

+$45a month

+37.7% on the rate, $540 a year more

Moving from a state at the U.S. average to New Jersey, a home using 664 kWh a month would pay about $167 instead of $122, $45 more, at the latest EIA average rates.

See New Jersey electricity rates

Statewide average residential rates, U.S. Energy Information Administration, latest monthly release (July 2026); actual bills depend on your utility, rate plan, taxes and fees.

Data: U.S. Energy Information Administration (EIA)ElectricRates.org
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Neighbors

New Jersey compared with its neighbors

  • New Jersey · the 10th highest in the U.S.25.2¢
  • Delaware · New Jersey is 36.3% higher18.5¢
  • Pennsylvania · New Jersey is 16.0% higher21.7¢
  • New York · New Jersey is 15.8% lower29.9¢

Residential rates for July 2026 in New Jersey and every state that shares a border with it, neighbors cheapest first. EIA.

Household costs

What New Jersey households report paying

In the Census Bureau's 2024 American Community Survey, the median New Jersey household billed for electricity reported about $152 a month, and 36.2% reported $200 or more. Against a median household income of $103,556, electricity takes about 1.8% of income.

Median monthly electricity cost, self-reported
$152
ACS 2024
Households paying $200+ a month
36.2%
ACS 2024
Electricity as share of median income
1.8%
median household income $103,556
Federal LIHEAP funds, fiscal 2025
$116.8M
1,001,560 income-eligible households (2023)

Median interpolated within the survey's cost bands (ACS B25132) and divided by median household income (B19013); self-reported costs run higher than utility billing data, so compare across states rather than against the EIA figures above. LIHEAP reaches households through the state agency and local offices as heating or cooling credits, crisis payments and weatherization; allotments by fiscal year: 2025 $116,765,073, 2024 $121,712,800, 2023 $212,899,840. Help paying your electric bill.

Cities

New Jersey cities

Each city page lists the utility that serves it and the plans offered there. Largest cities first.

Don't see your city? Find your utility by ZIP code
All 25 New Jersey cities, A to Z

New Jersey guides

What to know about your New Jersey power bill

All New Jersey guides

New Jersey energy guides

Learn about electricity in New Jersey

Comparing rates, switching suppliers, and avoiding scams.

All New Jersey guides

Grade your New Jersey electric bill

Compare what you pay with every plan sold in your ZIP today. Free, no signup.

Grade my bill

Sources

Where these figures come from and how current they are

Figures refresh automatically every week from the sources listed; none of these figures is typed in by hand. Rates are statewide averages of what utilities actually billed (revenue divided by sales), so they include supply and delivery but not taxes or fees billed separately. Supplier offers and prices to compare come from the PowerKiosk rate database and refresh daily.

Published by ElectricRates.org, an electricity comparison service for households in Massachusetts, New Jersey, Ohio, Pennsylvania, Texas and Washington DC. ElectricRates.org compiles the New Jersey figures from the federal sources listed; the utility, deposit and assistance guidance is researched from the linked utility, regulator and agency pages and checked claim by claim against them.

MethodologyEditorial standardsReport a correction

Questions

Questions people ask about switching suppliers in New Jersey

  • Free to compare
  • Same reliability
  • No interruption
Is New Jersey a deregulated electricity state?

Yes. New Jersey deregulated retail electricity in 1999 under the Electric Discount and Energy Competition Act (EDECA). Every residential customer can choose any Third-Party Supplier licensed by the New Jersey Board of Public Utilities. The Electric Distribution Company — PSEG, JCP&L, Atlantic City Electric, or Rockland Electric — continues to deliver power and respond to outages. Only the generation portion of your bill changes when you switch suppliers.

What is Basic Generation Service (BGS) in New Jersey?

Basic Generation Service is the default electricity supply rate that EDCs charge residential customers who haven't chosen a Third-Party Supplier. The BGS-RSCP (Residential Small Commercial Pricing) rate is set each June 1 through an annual auction administered by the NJ Board of Public Utilities. EDCs bill BGS at no markup — they pass generation costs through. A TPS rate below BGS at your real monthly usage saves money on the supply portion of your bill.

How do I switch electricity suppliers in New Jersey?

Pick any Third-Party Supplier licensed by NJBPU. The supplier handles enrollment with your EDC; the switch processes on your next meter read, typically one to two billing cycles. New contracts include a 3-day rescission window. Your EDC bill will list the new supplier and rate going forward. There is no service interruption, no technician visit. You can also return to Basic Generation Service at any time at no cost.

Is a supplier plan always cheaper than the price to compare?

No. On October 24, 2026 the cheapest 12-month fixed plan was below the price to compare only in Atlantic City Electric territory (14.3¢ against 17.6¢). In JCP&L, PSEG, and Rockland Electric territory the cheapest fixed plan cost the same as or more than the default rate. Supplier prices change daily, so check your own utility's price to compare before you switch.

Why is the state average higher than supplier prices?

The 25.2¢ state average from EIA covers supply and delivery together. Supplier prices and the price to compare cover supply only; your utility bills delivery separately whichever supplier you choose. Compare a supplier's price with your utility's price to compare, not with the state average.

Will switching suppliers affect my power reliability?

No. Your Electric Distribution Company (PSEG, JCP&L, Atlantic City Electric or Rockland Electric) still delivers your power, reads your meter and responds to outages. Switching changes only who supplies the electricity and the supply price on your bill.

Still have questions?

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