Electricity In New Jersey

  • Population8,882,190
  • Total Consumption72,853,809 MWh / 8.2 MWh per capita
  • CO2 Emissions from Consumption19,409,022,588 kg
  • Total Production59,658,616 MWh / 6.72 MWh per capita
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Residential Electricity Bills & Rates in New Jersey

New Jersey residential electric rates are highest in January and the highest average bill is in June.

Historical Electric Rates:

Price Per kWHAverage Bill$0.170/kWh$0.147/kWh$198.57/mo.$74.14/mo.
40th16.34¢Average residential price per kWh in the state of New Jersey
21st$113.53Average residential monthly electricity bill for New Jersey Residents

Energy Profile of New Jersey

New Jersey's Electricity Prices and Usage

The average residential electricity rate in New Jersey in 2022 is 16.34 cents per kilowatt hour, which is 19.99% more than the United States average price of 13.62 cents. This ranks New Jersey as the 40th best priced state in the nation by average electricity rate. The state operates a deregulated electricity market, meaning residents may choose from many electricity companies rather than be forced to buy electricity from a single option based on their home address. PSEG is the largest provider in the state based on total residential customers. There are over 19,409,022,587.54 kilograms of CO2 emissions emitted from electricity consumption in the state, which is enough to make New Jersey the 29th worst CO2 emitting state in the United States based on total kilograms emitted. With a population of 8,882,190 residents, the state is the 11th most populous state in the United States. Customers in the state have 0.87 electrical outages on average per year, with outages lasting around 115.97 minutes. The national averages for these data points are 1.21 outages and 122.99 minutes.

Residential Electricity Providers in New Jersey

ProviderService TypeResidential Rate (¢)Residential Average Bill ($)Residential Sales (MWh)Residential Revenues ($)State Production (MWh)
PSEGBUNDLED17.45101.7813,005,4752,268,812,60028,097,286.06
Jersey Central Power & LightBUNDLED13.06105.028,274,1611,080,302,972-58,376
Atlantic City ElectricBUNDLED18.57131.833,814,782708,231,365
Orange & RocklandBUNDLED17.72164.78683,232121,045,850
Vineland ElectricBUNDLED16.70128.56207,32434,625,80099,390
Sussex Rural Electric CooperativeBUNDLED12.43117.17133,770.7716,630,394.12
Ambit EnergyENERGY12.26107.17123,61515,152,000
Butler ElectricBUNDLED12.28105.25105,465.7612,954,004.56
Madison, New Jersey Electric UtilityBUNDLED17.75119.5350,704.949,000,829.58
South River, New Jersey Electric UtilityBUNDLED19.38114.841,036.487,951,818.17

Power Plants in New Jersey

PlantCity/CountyPrimary Fuel TypeProduction (MWh)Emission (KG)Emissions/MWh (KG/MWh)Toxic Chemical ReleaseClosing Date
PSEG Salem Generating StationExelon Corporation (42.59%)PSEG (57.41%)
Salem County Nuclear 18,037,511
PSEG Hope Creek Generating StationPSEG (100.00%)
Salem County Nuclear 9,076,098
Linden Cogen PlantAres Management (20.00%)
Linden Natural Gas 5,626,9901,819,620,776.55323.37
Newark Energy CenterAres Management (100.00%)
Newark Natural Gas 4,152,2111,523,367,456.8366.88
PSEG Linden Generating StationPSEG (100.00%)
Linden Natural Gas 3,599,7691,461,691,299.44406.05Yes
Middlesex County Natural Gas 3,414,4431,264,697,356.86370.4
PSEG Sewaren Generating StationPSEG (100.00%)
Woodbridge CDP Natural Gas 3,154,7571,151,040,527.14364.86Yes
Sayreville Natural Gas 2,265,526868,941,228.68383.55
Bergen Generating StationPSEG (100.00%)
Ridgefield Natural Gas 1,783,985741,445,891.78415.61
West Deptford Energy StationLS Power (18.00%)
Gloucester County Natural Gas 1,524,075607,895,950.9398.86

Quick Facts

There was a 2.87% rise in electricity generated by wind in the state of New Jersey over the previous year from 20,164.05 megawatt hours to 20,743.21 megawatt hours.

The population of the state of New Jersey shrank by 0.30% over the past year.

New Jersey is 38th in the nation in megawatt hours generated from coal usage.

New Jersey produces 6.48 megawatt hours of electricity per person in the state from non-renewable electricity sources. They are the 37th highest state in the United States for non-renewable production per capita.

On average, New Jersey residents are responsible for 2,185.16 kilograms of CO2 emissions per person per year, while the nationwide average emissions per capita is 4,539.83.

With total production of 59,658,616.09 megawatt hours, New Jersey is ranked 27th highest for total generation of all states in the country.

CountyPopulationProvidersPlantsResidential Rate (¢)Residential Avg. Electric Bill
Atlantic County263,67071419.75$138.08/mo
Bergen County932,2029716.60$123.86/mo
Burlington County445,349113419.10$128.30/mo
Camden County506,47181218.31$123.99/mo
Cape May County92,0397319.75$138.08/mo
Cumberland County149,52782019.59$137.58/mo
Essex County798,97581216.20$105.39/mo
Gloucester County291,63681619.30$133.74/mo
Hudson County672,39162016.36$104.85/mo
Hunterdon County124,37171414.58$110.79/mo
Mercer County367,43082516.11$105.68/mo
Middlesex County825,062105016.79$109.13/mo
Monmouth County618,79581714.62$110.67/mo
Morris County491,84510914.78$111.45/mo
Ocean County607,186111416.27$108.84/mo
Passaic County501,82611415.44$124.87/mo
Salem County62,3857719.75$138.08/mo
Somerset County328,93482115.52$107.64/mo
Sussex County140,488101014.01$113.20/mo
Union County556,34181615.99$106.07/mo
Warren County105,26771514.58$110.79/mo

Power Plant Fuel Types, Emissions & Pollution Factors

The state of New Jersey’s primary fuel source consumed for electricity production is Natural Gas. They produce 28,700,295.41 megawatt hours, or 48.11% of the total production in the state, from this fuel. When combined with Nuclear (45.45%) and Solar (2.43%), these three fuels make up 95.99% state's electricity production. Electricity use in the state results in 19,409,022,587.54 kilograms of CO2 emissions. This is the 29th most of any state in the US. Averaging 2,185.16 kilograms of CO2 emissions per capita, the state ranks 44th worst for pollution per capita. New Jersey is home to 334 electricity generation plants, which is 7th most in the country and 21st most when counting plants per citizen.

NATURAL GAS
Natural Gas
Natural Gas
Natural Gas
Natural Gas
Natural Gas
48.11%
NUCLEAR
Nuclear
Nuclear
Nuclear
Nuclear
Nuclear
45.45%
SOLAR
Solar
2.43%
COAL
Coal
1.68%
NON-BIOGENIC MUNICIPAL SOLID WASTE
Non-biogenic Municipal Solid Waste
0.96%
OTHER
Other
1.39%

New Jersey Net Metering

There are 14 companies in New Jersey providing electricity. Of those 14, 64.29% of them offer some type of net metering option for their customers, making solar panels and alternative electric sources more economically viable. The state has highly favorable net metering and feed in tariffs that make solar and other types of electricity generation more attractive.

Energy Loss

New Jersey has 3 providers who are reporting energy loss during transmission activities. The average energy loss amount for these 3 companies is 0.67%. For comparison, the countrywide average electricity loss is 2.76%. New Jersey has a rank of 49th best in the country for energy loss.

Solar Taxes And Rebates

When it comes to stimulating personal solar, tax and rebate incentives from the government are some of the easiest methods. New Jersey, unfortunately, has no statewide tax credits offered to residents who install solar. The state has no all encompassing rebate program, but local rebates are available to many consumers who wish to purchase private solar panels at their place of residence. New Jersey residents have the ability to apply a 100% property tax exemption for the purchase of private solar, which is as good as it gets. Luckily, homeowners in the state have a 100% sales tax exemption for the purchase of solar at a home. This is as good as it gets.

State Level Initiatives

Policies enacted at the state level affect whether customers in a state can afford to purchase personal solar systems or find electric plans that are based on renewable fuel sources. States that have Renewable Portfolio Standards (RPS) have requirements in place for all electricity providers who do business in the state. These standards require that a certain amount of electricity must be produced from renewable energy. The state of New Jersey makes it necessary for electric suppliers to produce at least 25% of their electricity from renewable fuel types.

Learn about going solar in New Jersey, find out which system size is best for you, compare local installers and see which incentives are available in your area.

FAQ: Common Questions About Energy in New Jersey

What is the average electric bill in New Jersey?

The average electricity bill in the state of New Jersey in 2022 is $114 while the national average is $122.

Where does New Jersey get its electricity?

The primary fuel used for electricity production in New Jersey is Natural Gas, making up 48.11% of the fuel used in the state. Nuclear and Solar also account for 45.45% and 2.43% respectively.

Which electricity company is the largest provider in New Jersey?

The largest electricity company in New Jersey by total revenue is PSEG.

How many electric companies offer service in New Jersey?

New Jersey is home to 14 electricity suppliers operating in the area.

Does New Jersey have a deregulated electricity market?

Yes, the state has a deregulated electricity market. This means that citizens in the state can choose from multiple electricity providers to supply their electricity.

How many power plants are within New Jersey?

New Jersey is home to 334 active power plants producing electricity for the state.

How much does electricity cost in New Jersey?

The average cost for electricity in New Jersey in 2022 is 16.34 cents per kilowatt hour (¢/kWh).

What is the cheapest electricity company in New Jersey?

Residential Rate RankProviderResidential Rate (¢)State Customers
1Butler Electric12.2811,762
2Sussex Rural Electric Cooperative12.4311,918
3Jersey Central Power & Light13.06942,309
4Park Ridge, New Jersey Electric Utility15.573,830
5Vineland Electric16.7025,659
6Lavallette, New Jersey Electric Utility17.222,559
7PSEG17.452,113,905
8Orange & Rockland17.7268,795
9Madison, New Jersey Electric Utility17.757,241
10Atlantic City Electric18.57494,188

Last Reviewed By: King Manalo
Published: 2021-03-16Last Updated: 2022-01-22