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New Jersey Electricity Rates
Table of Contents
Why Switch Providers?
Average New Jersey Electricity Costs
The average electricity price in New Jersey is 16.72¢ per kWh which ranks 12th in the United States. New Jersey residents tend to be more energy-efficient, averaging 683 kWh per month. Because of this, they rank in the bottom half of the country when it comes to their average electricity bill, which is $109.54 per month.
How Does New Jersey Compare Nationally?
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16.72¢ Average Rate per/kWh 12th Highest Nationally -
683 kWh Average Usage per/mo 39th Highest Nationally -
$109.54 Average Cost per/mo 34th Highest Nationally
If you live in the Garden State, you have Energy Choice. This means you can compare New Jersey electricity rates, switch providers and start saving money on your electricity bill. ElectricityRates.com makes it easy to compare electricity prices and switch in minutes. Keep reading to learn everything you need to know about New Jersey electricity rates.
Find your utility below to compare featured rates from leading New Jersey electricity providers. Choose the best plan for you and switch in only a few minutes.
Shop New Jersey Electricity Rates
New Jersey Utilities with Energy Choice
- Atlantic City Electric serves 550,000+ electricity customers throughout southern New Jersey.
- Jersey Central Power & Light serves 1.1 million customers throughout central and northern New Jersey.
- PSEG delivers natural gas and electricity to millions of New Jersey residents throughout the state. Check out some of the best available plans for PSEG below.
How Does New Jersey Energy Choice Work?
Under New Jersey energy deregulation laws, all residents have the ability to shop for electricity rates and switch energy providers for their home or business. This drives down the cost of electricity supply as companies compete for your business.
Participating in Energy Choice is especially helpful if you use a high amount of electricity but there are many benefits including:
- Locking in a fixed-rate: Locking in your rate so your bill remains consistent every month
- Choosing 100% renewable energy: Supporting green energy with a 100% renewable plan
- Plan Incentives: Benefitting from various provider incentives including smart-home device bundles
When you switch electricity providers, you still get the same reliable delivery of electricity from your local utility. The only thing that changes is the electricity supplier and supply rate on your bill.
How to Compare New Jersey Electric Rates
To compare rates and get the best electricity prices in New Jersey, follow this simple three-step process.
- Enter ZIP Code: Enter your ZIP Code in the free Rate Comparison Tool found at the top of the page
- Compare Rates: Compare competing New Jersey electricity rates
- Switch Providers: Choose an electricity rate and switch in minutes through our safe & secure platform
It’s that simple! After you sign up, your new electricity provider will take care of the rest and your new rate will take effect in one or two billing cycles.
Make The Switch In Minutes
Break Up With Your Electricity Provider
Shop electricity rates from leading providers and make the switch today.
Ambit Energy
- Energy Options
- Service Areas CT, IL, MA, MD, NJ, NY, OH, PA, TX
Provider Bio
Headquartered in Dallas, Texas, Ambit Energy provides electricity and natural gas to customers in 17 areas of the United States with deregulated energy markets. Ambit operates in California, Connecticut, Delaware, Illinois, Indiana, Maryland, Massachusetts, Maine, New Hampshire, New Jersey, New York, Ohio, Pennsylvania, Rhode Island, Texas, Virginia, and Washington, D.C.
APG&E
- Provider Score™ 4.08 / 5
- Energy Options
- Service Areas MD, NJ, NY, OH, PA, TX
Provider Bio
APG&E was founded in 2004 in Texas and now serves homes and business across the U.S. They provide simple, easy to understand, and transparent product solutions to fit everyone's needs. They strive to help customers make informed choices, and deliver the affordable energy solutions and excellent customer experience.
Champion Energy
- Provider Score™ 4.44 / 5
- Energy Options
- Service Areas CT, IL, MA, MD, NJ, NY, OH, PA, TX
Provider Bio
Champion Energy is a retail electricity provider serving hundreds of thousands of residents and businesses, primarily in Texas. As a subsidiary of Calpine, one of the largest natural gas and geothermal electricity generators, this provider brings a solid selection of affordable energy solutions to the retail electricity market.
Clearview Energy
- Provider Score™ 4.48 / 5
- Energy Options
- Service Areas DC, IL, MD, NJ, NY, OH, PA, RI
Provider Bio
Serving 8 states and the District of Columbia, Clearview Energy offers competitive energy plans and world-class customer service while supporting sustainability efforts, like the Shaw Institute and the Scripps Polar Center. Because we care about our customers - today and for generations to come.
Constellation
- Provider Score™ 4.82 / 5
- Energy Options
- Service Areas CT, DC, GA, IL, MA, MD, NJ, NY, OH, PA, TX
Provider Bio
Constellation is the nation's leading provider of carbon-free energy with a commitment to be 100% carbon-free by 2040. They serve over 2.5 million residential and business customers across the United States.
Direct Energy
- Provider Score™ 4.64 / 5
- Energy Options
- Service Areas CT, DC, IL, MA, MD, NH, NJ, NY, OH, PA, TX
Provider Bio
Serving nearly 4 million residential customers, Direct Energy is one of the largest electricity, natural gas and home services providers in North America. They are also one of the largest commercial and industrial electricity with over 240,000 business electricity customers.
Energy Plus
- Energy Options
- Service Areas CT, IL, MA, MD, NJ, NY, OH, PA
Provider Bio
Based out of Philadelphia, Energy Plus is one of the fastest-growing electricity providers in the country. The company started only recently and has already grown to serve almost all of the states that have implemented electricity deregulation, starting with New York, but expanding to include much of the Northeast, Illinois, and Texas.
Frontier Utilities
- Provider Score™ 4.05 / 5
- Energy Options
- Service Areas NJ, OH, PA, TX
Provider Bio
Headquartered in Houston, Texas, Frontier Utilities has been providing affordable energy plans to its customers for over a decade. Frontier’s mission is to create superior value and service for its customers, employees, communities and investors through the sale and supply of energy and related services.
Green Mountain Energy
- Provider Score™ 4.19 / 5
- Energy Options
- Service Areas IL, MA, MD, NJ, NY, PA, TX
Provider Bio
Green Mountain Energy is the oldest renewable retail electricity provider. Since its founding in 1997, Green Mountain Energy has expanded into seven electricity markets, with its customers avoiding nearly 100 billion pounds of carbon emissions through its renewable energy plans and services.
Inspire Clean Energy
- Provider Score™ 4.13 / 5
- Energy Options
- Service Areas DC, IL, MA, MD, NJ, NY, OH, PA
Provider Bio
Inspire Clean Energy is on a mission to transform the way people access clean energy in order to combat climate change and accelerate a net-zero carbon future.
Just Energy
- Energy Options
- Service Areas GA, IL, MA, MD, MI, NJ, NY, OH, PA, TX
Provider Bio
Founded in 1997, Just Energy is a publicly traded company with offices located across the United States, Canada and now the United Kingdom. Just Energy serves over 1.1 million residential and commercial customers through a wide range of energy programs and home comfort services.
Major Energy
- Provider Score™ 3.24 / 5
- Energy Options
- Service Areas CT, DC, IL, MA, MD, NJ, NY, OH, PA
Provider Bio
Major Energy is an electricity company based out of Houston that serves deregulated electricity and natural gas markets throughout the Northeast and Midwest. Major Energy offers multiple fixed-rate electricity plans, and also provides the ability to manage your account online.
Respond Power
- Service Areas NJ, PA
Provider Bio
Respond Power is an affiliate of energy service company Major Energy, which also serves residential and commercial customers in New York, Pennsylvania, Ohio, and now Illinois and New Jersey. Both companies were founded in 2005 in New York, specifically intending to specialize in the northeast energy market. Aside from electricity, both Respond Power and Major Energy offer natural gas services.
SmartEnergy
- Provider Score™ 3.43 / 5
- Energy Options
- Service Areas DC, IL, MA, MD, NH, NJ, OH, PA, RI
Provider Bio
SmartEnergy is proud to offer 100% green energy. It's their mission to prove that helping the environment doesn’t have to come at the expense of your wallet. They promise social responsibility while providing uncompromisable service to their customers.
Spark Energy
- Provider Score™ 3.98 / 5
- Energy Options
- Service Areas CT, IL, MA, NJ, NY, PA, TX
Provider Bio
Spark Energy was found in 1999 in Houston, Texas and was an early pioneer in the retail energy market. Spark Energy prides itself on 3 specialties that set them apart from the rest: energy savings knowledge, customer service and community support.
Stream Energy
- Energy Options
- Service Areas MD, NJ, NY, PA, TX
Provider Bio
Founded in 2012, 4Change Energy is a steward in their local Texas community and offers simple, affordable electricity plans. Their mission supports several charities including American Red Cross, the American Cancer Society, Feeding Texas, and Heroes for Children.
Tomorrow Energy
- Provider Score™ 4.25 / 5
- Energy Options
- Service Areas MD, NJ, OH, PA, TX
Provider Bio
Tomorrow Energy is a retail electricity and natural gas supplier with a mission of creating a positive impact in the world by giving customers more clean Energy Choices. Their electricity plans are backed by 100% National Wind Renewable Energy Certificates. All natural gas plans are backed by 100% carbon offsets.
Verde Energy
- Provider Score™ 3.57 / 5
- Energy Options
- Service Areas CT, DC, MA, NJ, NY, OH, PA
Provider Bio
Verde Energy USA was founded to help residents and businesses take advantage of the savings associated with state energy deregulation and the choice it provides. They are also committed to helping Americans move toward a more environmentally sound and economically sustainable renewable energy infrastructure.
Xoom Energy
- Provider Score™ 3 / 5
- Energy Options
- Service Areas CT, IL, MA, MI, NJ, NY, OH, PA, TX
Provider Bio
Xoom Energy is an independent energy provider that provides natural gas and electricity services in 19 states and over 100 utility markets nationwide. As one of the fastest-growing energy providers in the US, Xoom Energy was listed on the Forbes Inc. 5000 list in 2015, 2016 and 2017.
YEP Energy
- Provider Score™ 3 / 5
- Energy Options
- Service Areas NJ, PA, TX
Provider Bio
For years YEP Energy has provided a variety of markets with unique electricity products and low energy rates. YEP Energy's buying power and experience enables them to provide their customers with some of the most competitive rates in Pennsylvania, New Jersey and Texas.
Renewable Energy in New Jersey
As of 2020, renewable energy sources make up around 5% of New Jersey’s electricity generation. However, with plans to be on 100% clean energy by 2050, renewable production is expected to rapidly increase.
The majority of renewable energy generated in New Jersey is solar, but the state has plans to expand clean energy with energy storage and 7.5 GW of offshore wind.
If you want to support the growth of renewable energy in New Jersey, there’s no need to install solar panels or other costly equipment. You can switch to a 100% renewable energy supplier who will offset your energy usage with Renewable Energy Credits (RECs)
Business And Commercial Electricity Rates In New Jersey
Since businesses use more electricity than households, they can qualify for extremely low electricity rates with Energy Choice. If you’re not participating in Energy Choice as a New Jersey business owner, you may be leaving a pile of money on the table.
To get started, visit the business electricity rates page and request a free quote. An energy expert from a leading electricity provider will contact you to discuss customized energy pricing and other customized options.
Shop Electricity Rates by City
Follow the links below for more information about electricity rates in popular New Jersey cities.
New Jersey Electricity Rates FAQs
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Energy Choice benefits you by giving you the option to compare competing offers from electricity providers and switch to the best rate. Oftentimes rates offered by retail providers are lower than what New Jersey residents pay by default. They also offer price protection by locking in a rate for the length of your contract.
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In New Jersey, your utility provider is responsible for the reliable transmission and distribution of electricity. They also provide your electricity supply by default if you do not participate in Energy Choice. Electricity providers negotiate supply rates and provide consumers with a variety of options to choose from in relation to their supply.
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New Jersey has three primary utility providers: Atlantic City Electric, Jersey Central Power & Light and Public Service Electric & Gas (PSE&G). Another utility provider called Rockland Electric also serves small parts of northern New Jersey.
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According to the Energy Information Administration (EIA), the average electricity rate in New Jersey is 16.03¢ per kilowatt-hour (kWh).
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New Jersey primarily generates electricity with natural gas and nuclear power. Here’s a breakdown of New Jersey’s primary generation sources: Natural Gas: 57%, Nuclear: 37.4%, Solar: 4.8%. The rest of New Jersey’s energy mix is comprised of small amounts of biomass, coal and other sources.
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If you want to find your current New Jersey electricity supply rate, look at your most recent electricity bill. You can find your electricity supply rate there. If your utility supplies your electricity, use the “Price to Compare” listed on your bill.