New Jersey Electricity Cost Calculator

The average residential electricity price in New Jersey is about 23.53¢ per kWh (US EIA Electric Power Monthly, Table 5.6.A — the most recent monthly edition consulted for this state; see the dated data note). This page presets 0.2353 $/kWh in the electricity cost calculator, so a home using 900 kWh in a month pays about $211.77 for the energy itself at that average. Your own tariff — including fixed charges, time-of-use periods and tiered rates — is the exact input; averages hide wide utility-to-utility differences inside New Jersey.

New Jersey Electricity Cost Calculator reference last updated · reference source

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Currency: Amounts are calculated in the currency you select; this site does not convert between currencies and does not use live exchange rates.

Dated static reference; no live data is fetched. Verify current source values and assumptions before relying on results.

What this tool does

The average residential electricity price in New Jersey is about 23.53¢ per kWh (US EIA Electric Power Monthly, Table 5.6.A — the most recent monthly edition consulted for this state; see the dated data note). This page presets 0.2353 $/kWh in the electricity cost calculator, so a home using 900 kWh in a month pays about $211.77 for the energy itself at that average. Your own tariff — including fixed charges, time-of-use periods and tiered rates — is the exact input; averages hide wide utility-to-utility differences inside New Jersey.

How to use the New Jersey Electricity Cost Calculator

  1. Check Electricity price per kWh: 0.2353.
  2. Review the New Jersey Electricity Cost Calculator result and its exact-value comparison table.
  3. Verify assumptions before applying the result.

Formula

kWh=watts×hours×days/1000; cost=kWh×rate
watts
Appliance watts
hours
Hours per day
days
Days used
rate
Electricity price per kWh

Taxes, standing charges, time-of-use and demand charges are not included.

Worked example

New Jersey Electricity Cost Calculator: Electricity price per kWh = 0.2353. The average residential electricity price in New Jersey is about 23.53¢ per kWh (US EIA Electric Power Monthly, Table 5.6.A — the most recent monthly edition consulted for this state; see the dated data note). This page presets 0.2353 $/kWh in the electricity cost calculator, so a home using 900 kWh in a month pays about $211.77 for the energy itself at that average. Your own tariff — including fixed charges, time-of-use periods and tiered rates — is the exact input; averages hide wide utility-to-utility differences inside New Jersey.

Inputs

  • Appliance watts1000
  • Hours per day4
  • Days used30
  • Electricity price per kWh0.2353

Result

  • Energy cost$28.24
  • Energy (kWh)120

New Jersey electricity reference (EIA average residential price)

UsageEnergy cost at the state average
100 kWh$23.53
500 kWh$117.65
900 kWh (typical US home month)$211.77
1,500 kWh$352.95

Results explained

Energy cost
Energy cost from the formula above. Taxes, standing charges, time-of-use and demand charges are not included.
Energy (kWh)
Energy (kWh) from the formula above. Taxes, standing charges, time-of-use and demand charges are not included.

Frequently asked questions

About 23.53¢ per kWh for residential customers, from EIA's Electric Power Monthly average-price table. It is an average across all of the state's utilities and rate plans — your bill's rate can be well above or below it.

About $211.77 for the energy at the 23.53¢ state average, before fixed monthly charges and taxes. Enter your appliance watts and hours above to cost a specific load at the same preset rate.

Bills add a fixed customer charge, delivery/distribution charges (sometimes separate from the energy rate), taxes and riders, and many plans price evenings or high tiers differently. This tool costs energy only, at the rate shown.

Divide the energy/delivery charges on your bill by the kWh used, then overwrite the preset rate field. The state average is a starting point for comparisons, not a substitute for your tariff.

At 23.53¢/kWh, New Jersey sits above the US residential average of roughly 17¢. Hawaii and California are the most expensive; the lowest averages are in the Mountain West and parts of the Midwest.