Utilities listed
5
New Jersey, 2025
Homes counted
3.78 million
Residential customers
Average price
22.48 cents
Per kWh, New Jersey
Average bill
$150.59
Per month
Utilities serving New Jersey homes
| Utility | Type | Homes in NJ | Cents per kWh | Monthly bill |
|---|---|---|---|---|
| PSE&G | Investor-owned | 2,072,339 | 25.03 | $140.45 |
| Jersey Central Power and Light (JCP&L) | Investor-owned | 1,047,687 | 18.39 | $144.81 |
| Atlantic City Electric | Investor-owned | 509,015 | 25.84 | $164.27 |
| Rockland Electric | Investor-owned | 66,678 | 23.24 | $209.37 |
| City of Vineland | Municipal | 22,866 | 18.55 | $138.35 |
Source: U.S. Energy Information Administration, Form EIA-861 (final 2025 data). Homes in NJ counts only the customers in this state. Price and bill cover the utility's whole territory and bundled customers only. Delivery only means the utility carries power but does not sell it.
Who owns New Jersey's electric companies
| Type | Utilities | Homes in NJ | Share of homes |
|---|---|---|---|
| Investor-owned utility | 4 | 3,695,719 | 99.4% |
| Municipal utility | 1 | 22,866 | 0.6% |
Each type is run differently. An investor-owned company answers to shareholders and a state commission. A municipal utility answers to a city. A cooperative answers to its members. That is why the same state can have very different prices and service from one address to the next.
What New Jersey utilities charge, by type
| Type | Utilities with a price | Average cents per kWh |
|---|---|---|
| Investor-owned utility | 4 | 22.84 |
| Municipal utility | 1 | 18.55 |
Source: U.S. Energy Information Administration, Form EIA-861 (final 2025 data). Customer-weighted average of the prices utilities report for bundled residential service. It leaves out delivery-only customers and retail providers.
Outside the investor-owned companies, the largest municipal utility is City of Vineland (22,866 homes).
Price differences between types come from costs, customer density and the way each type is financed, so a lower average does not decide which is better for your home.
Utilities with full profiles
These New Jersey utilities are among the 600 largest in the country, and each has a profile with its service area, reliability and rate options.
How New Jersey compares
The statewide average residential price is 22.48 cents per kWh and the average bill is $150.59 a month. See the full breakdown, rankings and neighbors on the New Jersey electricity rates page. Among utilities with at least 10,000 bundled residential customers, average prices ran from 18.39 cents at JCP&L to 25.84 cents at Atlantic City Electric.
Can you switch electric companies in New Jersey?
Households can choose a third-party supplier, and many towns run government energy aggregation. The local utility still delivers the power and sends the bill in most cases. Read the New Jersey electricity providers guide. Regulation and complaints go through the New Jersey Board of Public Utilities.
Find yours
Not sure which one serves you?
New Jersey electric company questions
Who is the largest electric company in New Jersey?
PSE&G serves the most residential customers in New Jersey, about 2.07 million homes in 2025 (EIA Form EIA-861).
How many electric utilities are there in New Jersey?
EIA lists 5 electric utilities with residential customers in New Jersey for 2025. Most households are served by a handful of the largest ones.
Which New Jersey utility has the lowest average price?
Among New Jersey utilities with at least 10,000 bundled residential customers, Jersey Central Power and Light (JCP&L) had the lowest average residential price in 2025 at 18.39 cents per kWh and Atlantic City Electric had the highest at 25.84 cents. Prices reflect the utility's costs and customer mix, so a lower price does not mean better service.
Can I choose my electric company in New Jersey?
Partly. Households can choose a third-party supplier, and many towns run government energy aggregation. The local utility still delivers the power and sends the bill in most cases.