MileGrade

Electricity prices · New Jersey

New Jersey Electricity Prices

Households in New Jersey paid an average of 24.6¢ per kilowatt-hour in August 2026, 6.5¢ above the U.S. average of 18.2¢. At 3.5 miles per kWh that is 7.0¢ a mile to charge at home.

24.6¢per kWh, New Jersey residential

August 2026 (preliminary) · EIA Form EIA-861M, revenue divided by sales

vs. U.S. average
+6.45¢
vs. month before
−0.58¢
vs. a year ago
−0.09¢

What a mile costs at this rate

Price divided by miles per kilowatt-hour, EPA's figure measured at the wall so charging losses are already in it. Most EVs rate between 3 and 4 mi/kWh.

cost per mile = 24.6¢ ÷ miles per kWh
Charging cost per mile at this rate by efficiency
mi/kWhPer milePer 1,000 milesPer 12,000 miles
2.59.8¢$98$1181
3.08.2¢$82$984
3.57.0¢$70$844
4.06.2¢$62$738
4.55.5¢$55$656

Home charging only, at the state's all-in average: a time-of-use overnight rate will be below it, and public fast charging is usually two to four times above it. The EV vs. Gas Cost Calculator sets this against this week's New Jersey gas price with your own figures.

The last two years, month by month

Monthly residential electricity price, last 25 months
MonthNew JerseyU.S.
August 202624.6¢18.2¢
July 202625.2¢18.3¢
June 202624.9¢18.3¢
May 202623.3¢18.4¢
April 202623.5¢18.9¢
March 202623.5¢18.6¢
February 202623.1¢17.6¢
January 202623.1¢17.4¢
December 202522.9¢17.1¢
November 202522.7¢17.8¢
October 202522.5¢17.9¢
September 202523.3¢18.1¢
August 202524.7¢17.6¢
July 202525.1¢17.4¢
June 202524.6¢17.4¢
May 202520.2¢17.3¢
April 202519.9¢17.2¢
March 202519.6¢17.0¢
February 202519.7¢16.4¢
January 202519.7¢15.9¢
December 202419.4¢16.3¢
November 202419.6¢16.9¢
October 202419.6¢17.1¢
September 202419.3¢16.8¢
August 202420.6¢16.6¢

What this figure is, and is not

Utilities report residential revenue and kilowatt-hours sold to EIA every month; the figure is the state's total revenue divided by its total sales. That makes it an all-in average of what households were billed per kWh, with delivery and fixed charges spread across the energy, and summer months run higher where air conditioning pushes bills into higher tiers. It is not the energy rate on a tariff sheet, and it is not your utility's rate unless your utility is the only one in the state.

Use it as a starting point with its month attached. The delivered rate on your own bill is what every calculator on this site asks for, and it overrides this figure the moment you type it. See every state.

Related tools

Informational only — published averages for scale and comparison, not a quote for any pump, utility or vehicle. Your own price is the one that counts, and every calculator on this site takes it as an input.

Source: U.S. Energy Information Administration, Form EIA-861M, file sales_revenue.xlsx dated 2026-10-23, sheet Monthly-States. Current-year months are preliminary. Snapshot refreshed monthly.