What Is The Average Electric Bill in New Jersey [2024]

Compared with other US states, the average electric bill in New Jersey is neither less nor higher. For example, Hawaii ranks in the 50th position and has the highest average electricity bill of $228.04, with an electric rate of 44.28 cents per kWh and monthly usage of 515 kWh. On the other hand, Utah ranks 1st and has the lowest average bill of $84.96 per month, with an electric rate of 10.85 cents per kWh and a monthly consumption of 783 kWh.

Here, we will compare the average electric bill in New Jersey with that of other US states.

Source: EIA  

What Are The Electric Rates in New Jersey?

The electricity rate is the price at which the utility company supplies electricity to the customer. It may depend on the utility provider, the plan length, and other factors. New Jersey primarily has three leading utility providers: Jersey Central, Power & Light, Public Service Electric & Gas (PSEG), and Atlantic City Electric.

Some parts of NJ are also served by Rockland Electric. PSEG has the highest rate, around 13.07 cents per kWh, whereas Jersey Central Power & Light and Atlantic City Electric have rates around 9.36 cents and 10.75 cents per kWh, respectively. Here is a table that features the electric rates from the leading New Jersey electricity providers.

Note: The electricity rate per kWh and length might vary. For the current rates, it's best to check the utility provider's official website.

According to the EIA, the residential electric rate in New Jersey is 17.90 cents per kWh — which is higher than commercial and industrial prices. New Jersey's commercial electric rate is around 13.23 cents per kWh, whereas it is 11.54 cents per kWh for the industrial region.

When finding the best electricity rates in New Jersey, you must consider three things:

• The price per kWh
• The renewable content of the energy
• The term of the contract

You can compare the rates you are currently paying with what the third-party suppliers are offering. It's essential to make sure the electricity provider you select is reliable and has a proven track record in supplying stable electricity.

What Are The Electricity Plans in New Jersey?

There are two types of plans available: fixed-rate and variable-rate. With the fixed-rate plan, the electricity price remains the same throughout the year. On the other hand, the cost per kWh may fluctuate in the variable-rate plan. Depending on your needs, you can select which plan type will be best for you.

Several things should be considered when selecting the best electric rates in New Jersey.

Pricing: Your research should start by comparing the different rates and plans from each supplier. Some utility companies offer low initial prices, whereas others provide freebies and additional incentives in the long run. It is essential to check long-term benefits before choosing the best electric rates.

Plan Length: A longer contract length means a reduced electricity rate. If you are not looking to switch electricity providers anytime soon, consider a plan with longer contracts.

Plan Type: If your electricity consumption varies throughout the season and you don't mind paying an extra due to changes in the energy provider, consider variable rate plans. On the other hand, residents looking for a simple, straightforward option can choose fixed-rate plans.

In New Jersey, the utility provider is responsible for transmitting and distributing electricity. Electricity providers, on the other hand, negotiate the supply of electricity and offer a variety of plans to customers.

Why Is My Electric Bill So High in New Jersey?

Many factors can cause electricity bills to rise in New Jersey, including home energy usage, inefficient appliances, high electric rates charged by utility providers, etc. Currently, the electricity rate in New Jersey stands at 17.90 cents per kWh — which is higher than the national average. This means you'll be charged higher if you consume the same electricity. Below, we will reveal a few reasons why electric bills are increasing in New Jersey and how to reduce them:

Choose Energy-Efficient Appliances

Old household appliances tend to consume a lot of electricity, which can be a major culprit in increasing electricity bills. For this reason, you should consider replacing older appliances like room air conditioners, refrigerators, freezers, ovens, etc., with high-efficiency models.

Keep Cooling Appliances Clean

Dirty air conditioner filters make the appliance work harder, so make sure to replace them monthly. When you are away from home, set the thermostat higher in the warmer months to save electricity. A smart programmable thermostat can help you do this automatically without sacrificing comfort.

Invest in Solar Generators

If you want to reduce electricity bills, the best method is to shift the electricity usage from the grid to other renewable sources. Jackery Solar Generators, for example, feature LiFePO4 or NMC batteries to charge a wide range of household appliances in New Jersey. The Jackery Solar Generator 3000 Pro supports charging 99% of household appliances to reduce reliance on the grid and lower electricity bills.

How Much Does It Cost to Live in New Jersey?

The average cost of living in New Jersey is between $450 to $500. However, the amount you pay for utilities in New Jersey will depend on certain factors, such as your location, size of home, age of appliances, energy costs, and climate. The common utilities in New Jersey include energy, water, natural gas, Internet, streaming, and mobile phone bills.

Here's a table with the average cost of each utility in New Jersey.

Note: This is the average cost, and the exact price might vary depending on monthly usage.

Regardless of where you live, monthly utility bills can lead to budget fluctuations. Here are some tips to lower your monthly utility bills:

Switch to LED Lighting: LED lights are more efficient and draw less energy than incandescent bulbs. They tend to last longer, saving more money.

Turn Off Appliances When Not in Use: When you are not in a room, turn off lights, fans, and other appliances.

Use Jackery Solar Generators: Jackery Solar Generators work by converting free solar energy into usable AC electricity. Charging household appliances with solar generators can help lower electricity consumption from the grid and reduce bills.

Keep Shades Closed During the Day: Sunlight can heat your home during the warmer months. So, make sure to keep the shades down to reduce the AC usage and overall electricity bills.

Jackery Solar Generators for Lowering Your Electric Bills

Jackery is a reputable brand that manufactures and sells highly efficient and stable solar generators, power stations, and solar panels. The Jackery Solar Generators have two components: Jackery Explorer Portable Power Stations and Jackery SolarSaga Solar Panels.

They work when the direct sun's rays fall on the monocrystalline silicon solar cells and convert the solar energy into DC electricity. The pure sine wave inverter of the Jackery Explorer Portable Power Stations then converts the DC to AC electricity for charging electrical appliances.

As these solar generators work on free solar energy, they help you reduce the reliance on the electricity grid and lower the utility bills. Here are the three popular Jackery Solar Generators for households in New Jersey.

Jackery Solar Generator 3000 Pro

The Jackery Solar Generator 3000 Pro features an NMC battery with a 3024 Wh capacity and a high power output of 3000 W. It supports charging 99% of household appliances, including air conditioners, refrigerators, TVs, laptops, mobile phones, and more. This helps you lower your electricity consumption from the utility grid and save more money on your electricity bills. Additionally, you can recharge this home battery backup with 6*Jackery SolarSaga 200W Solar Panels in only 3.5 hours.

Jackery Solar Generator 2000 Plus

The Jackery Solar Generator 2000 Plus has a LiFePO4 battery of 2042.8 Wh and can charge 99% of household appliances in New Jersey. It is a versatile charging solution that can be expanded from 2 kWh to 24 kWh with the help of the Jackery Battery Pack 2000 Plus. The home battery backup can be recharged in only 2 hours using 6*Jackery SolarSaga 200W Solar Panels. Hence, it's a great charging solution to offset your monthly bills.

Jackery Solar Generator 2000 Plus Kit (4kWh)

The Jackery Solar Generator 2000 Plus Kit (4kWh) combines 1*Jackery Explorer 2000 Plus Portable Power Station, 1*Jackery Battery Pack 2000 Plus, and 2*Jackery SolarSaga 200W Solar Panels. It has a battery capacity of 4085.6 Wh. It can supply stable electricity to 99% of household appliances such as air conditioners, refrigerators, space heaters, LED lights, and more. If you want more power for your New Jersey household, you can expand the battery capacity by adding the Jackery Battery Pack 2000 Plus.

New Jersey Average Electric Bill FAQs

What size of solar generator do I need for my house in New Jersey?

The size of solar generator you need for your New Jersey household will depend on how much power your appliances need and the time for which you need to power them. For example, suppose you are charging an AC (1000 W), a TV (100 W), and a computer (150 W) at the same time with the help of Jackery Solar Generator 2000 Plus. The working hours can be calculated as follows:

Working Hours = Battery Capacity in Wh × 0.85 / Wattage Consumption of Appliances = 2042.8 Wh × 0.85 / 1250 W = 1.3 H.

Note: The battery capacity is multiplied by 0.85 since there will be some power loss when charging the household appliances in New Jersey.

How much is electricity per month in New Jersey?

On average, New Jersey residents spend nearly $122.08 per month on electricity, which adds up to $1464.96 per year.

Did electric rates go up in NJ?

The New Jersey Board of Public Utilities revealed that the average monthly BGS residential ratepayer bill is expected to increase for most residents from 3.6% to 8.6%. Specifically, PSE&G customers will see an average estimated bill increase of 6.2%, whereas JCP&L customers will witness a rise of 8.6%.  

What is the average water bill in New Jersey?

The New Jersey American Water wants to increase the average monthly bill by $11.30 for water and $6.60 for wastewater. The utility is seeking an increased revenue of around $161.7 million.

How much is gas and electricity per month in NJ?

The average gas bill per month in New Jersey is nearly $66, whereas residents have to pay around $72 for water per month.

Final Thoughts

New Jersey has electricity bills that are higher than average. The average homeowner pays around $122.08 per month or $1464.96 annually. One of the best ways to eliminate these bills is by investing in solar generators. They will not only help you save on the average electric bill in New Jersey but also provide incentives that are available in your area.

Jackery Solar Generators are portable and reliable charging solutions that charge a wide range of appliances for long hours. The Jackery Solar Generator 2000 Plus has a LiFePO4 battery of 2042.8 Wh capacity and can be quickly expanded to 24 kWh with battery packs. Investing in the solar generator can also protect you during extended power outages.