Utility rates
New Jersey electric utilities and their average rates, 2025
The average residential electricity rate charged by each New Jersey utility in 2025: its residential revenue divided by its residential kWh sales, from the U.S. Energy Information Administration's annual Form EIA-861 survey of every electric utility.
Public Service Electric & Gas Co serves the most homes, 55.7% of New Jersey's residential customers, at an average of 25.0¢ per kWh. Across the 5 utilities listed, rates ran from 18.4¢ at Jersey Central Power & Lt Co to 25.8¢ at Atlantic City Electric Co; 3 charged more than the New Jersey average of 22.5¢ and 2 less.
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- Source
- U.S. EIA, Form EIA-861
- Data year
- 2025, against 2024
- Data refreshed
- October 19, 2026
- Utilities listed
- 5
Ranked table
New Jersey utilities by homes served, 2025
Largest first by homes served (full-service customers plus the homes each utility delivers to for a retail supplier). Select a column heading to sort, or a utility for its page. "vs. state" compares each rate with the New Jersey average of 22.5¢ per kWh; the one-year change is against 2024.
| Public Service Electric & Gas CoInvestor-owned, 1,978,222 customers | 25.0¢ | +22.6% |
| Jersey Central Power & Lt CoInvestor-owned, 955,852 customers | 18.4¢ | +17.5% |
| Atlantic City Electric CoInvestor-owned, 473,195 customers | 25.8¢ | +10.4% |
| Rockland Electric CoInvestor-owned, 64,101 customers | 23.2¢ | +10.5% |
| City of VinelandMunicipal, 22,866 customers | 18.6¢ | +4.0% |
| New Jersey average3,702,881 customers | 22.5¢ |
Large one-year moves can reflect how a utility reported to EIA, not a price change.
Rates, bills and customers count full-service customers only. Share of the state also counts the homes each utility delivers to for a retail supplier.
Utilities that file EIA's short form (Form EIA-861S), which has no residential split, are not listed.
Source: U.S. Energy Information Administration (EIA), Form EIA-861 annual survey, Sales to Ultimate Customers, 2025. The rate is revenue divided by sales, so it reflects what each utility actually billed its residential customers over the year, all charges included.
Download this table (CSV)Compared with the state
Average residential rate at each New Jersey utility listed, 2025
Each bar is a utility's average residential rate for 2025; the dashed line is the New Jersey average. Red bars are above it, green bars below.
Average residential rate at each New Jersey utility listed, 2025
Method
Where these figures come from
- Source
- U.S. Energy Information Administration, Form EIA-861 annual electric power industry report, Sales to Ultimate Customers, 2025 (and 2024 for the one-year change). File: f8612025.zip.
- How the figures are computed
- Average rate is a utility's residential revenue divided by its residential kWh sales for the year. Average bill is revenue per customer divided by twelve; monthly use is kWh sales per customer divided by twelve.
- Which customers count
- Full-service customers only: those who buy both supply and delivery from the company, so the rate includes both. Homes that buy supply from a retail supplier pay the utility for delivery only; EIA reports their delivery charges separately and they are not in the rate. Listed: companies with at least 1,000 full-service residential customers in New Jersey. EIA's adjustment rows and rooftop solar owners count toward the New Jersey average but are not listed.
- State average
- All New Jersey residential revenue divided by all residential sales in the same survey, summed the way EIA sums a state total. Data refreshed October 19, 2026.