New Jersey has a deregulated electricity market with multiple utilities. PSE&G serves northern New Jersey including Newark and Jersey City, while JCP&L serves central New Jersey.
Avg. Rate
17.2¢/kWh
Utilities
2 Providers
New Jersey rates are above the national average, reflecting the state's high cost of living and energy infrastructure.
New Jersey's deregulated market allows you to shop for electricity suppliers
Many older buildings in urban areas have shared heating—verify what's included
PSE&G and JCP&L both offer assistance programs for qualifying customers
Consider budget billing to smooth out seasonal variations