Utility Check
Regulated Market

New Jersey Electricity Rates

Compare rates from 2 utilities serving New Jersey. Find the best rates and learn how to save on your electricity bill.

Avg. Rate

17.1¢/kWh

Lowest Rate

16.5¢/kWh

Highest Rate

17.8¢/kWh

Customers

3.4M

New Jersey Utilities
2 utilities ranked by average electricity rate
1

JCP&L

Lowest Rate

1.1 million customers

Budget BillingSmart MetersEnergy Efficiency

16.5¢/kWh

+4.8% YoY
3% above

national avg

Service Areas:

Toms RiverEdison
2

PSE&G

2.3 million customers

Budget BillingSmart MetersSolar Programs

17.8¢/kWh

+5.5% YoY
11% above

national avg

Service Areas:

NewarkJersey CityTrenton
Market Overview

This state operates a regulated electricity market where your local utility provides both delivery and supply. Rates are set by the state public utility commission.

Money-Saving Tips
  • •Enroll in Budget Billing to spread costs evenly throughout the year
  • •Check for utility rebate programs on efficient appliances
  • •Review your rate plan options - you may qualify for lower rates
  • •Contact your utility about assistance programs if you're struggling to pay
Assistance Programs
  • 1Low Income Home Energy Assistance Program (LIHEAP)
  • 2Weatherization Assistance Program

Verify Your Bill

Upload your New Jersey utility bill for a detailed rate analysis and personalized savings recommendations.

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