Compare New Jersey and New York rates. New Jersey pays 3.76¢/kWh less than New York. See per-kWh rates, average bills, and usage.
Rate Comparison
Metric
New Jersey
New York
National Avg
Residential Rate
22.73¢/kWh
26.49¢/kWh
17.24¢/kWh
Avg Monthly Bill
$150.56
$151.30
$152.02
Monthly Usage
662 kWh
571 kWh
-
Market Type
deregulated
deregulated
-
Rate Rank (1=highest)
#11
#8
-
YoY Change
+19.4%
+24.4%
-
Key Findings
New Jersey has lower electricity rates at 22.73¢/kWh vs 26.49¢/kWh in New York (14.2% difference).
New Jersey residents pay about $1 less per month on average ($150.56 vs $151.30).
New Jersey is a deregulated market while New York is deregulated.
Both states have seen rate increases: New Jersey +19.4% and New York +24.4% year-over-year.
Frequently Asked Questions
Is electricity cheaper in New Jersey or New York?
New Jersey has lower residential electricity rates at 22.73¢/kWh compared to 26.49¢/kWh in New York, a difference of 3.76¢/kWh.
What is the average electric bill in New Jersey vs New York?
The average monthly electric bill is $150.56 in New Jersey and $151.30 in New York. The national average is $152.02.
Are New Jersey and New York electricity markets regulated?
New Jersey has a deregulated electricity market, while New York has a deregulated market. In deregulated markets, consumers can choose their electricity provider.
How can I verify my electricity bill in New Jersey or New York?
Upload your bill to Utility Check for an independent third-party verification. We check rate calculations, compare your plan to alternatives, and identify billing errors. Visit our How It Works page to learn more.