⚡ US Energy Price Monitorby KadoaUpdated weekly

New Jersey

PSE&G electricity rates

What homes pay PSE&G for electricity, from EIA.

Investor-owned utility, 2,007,276 homes in New Jersey. EIA lists it as Public Service Elec & Gas Co.

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Headlines

Average price
26.1¢ a kWh
Up 13% on a year ago
Average bill
$148 a month
Up 14% on a year ago
Average use
566 kWh
A month. New Jersey 664 kWh
Price rank in New Jersey
2 of 4
1 is the most expensive

Over the 12 months to July 2026, PSE&G homes paid 26.1¢ a kWh, against 23.8¢ across New Jersey.

PSE&G vs New Jersey

PSE&GNew Jersey
Average price, 12 months to July 202626.1¢23.8¢
Price in July 202627.8¢25.2¢
Average monthly bill, 12 months$148$158
Bill in July 2026$252$261
Average monthly use566 kWh664 kWh
Price change, past year+13%+12%
Price change since 2019+56%+50%

Electricity price

Average residential price a kilowatt-hour, by month.

Up to and including July 2026

Source: EIA-861M monthly utility survey. Revenue over kilowatt-hours sold, including fixed charges.

Average monthly bill

What an average home pays a month.

Up to and including July 2026

Source: EIA-861M monthly utility survey.