STATE ELECTRICITY REPORT / NJ

New Jersey electricity prices and operating costs.

Latest residential average: 25.19¢/kWh for 2026-07.

Residential rate25.19¢
1 month+1.0%
1 year-0.5%
5 years+48.7%

Cost to run common equipment in New Jersey

Every row uses the same standardized annual kWh assumption used on the national Cost to Run Index.

EquipmentAnnual kWhMonthly costAnnual cost
Traditional Sauna1,755$37$442
Infrared Sauna211$4$53
EV Charging2,880$60$725
Central Air Conditioning3,360$71$846
Heat Pump3,600$76$907
Hot Tub2,190$46$552
Pool Pump2,160$45$544
Electric Water Heater4,500$94$1,134
Refrigerator600$13$151
Electric Clothes Dryer468$10$118
Dishwasher312$7$79
Electric Oven520$11$131
Dehumidifier720$15$181
Space Heater900$19$227
Chest Freezer350$7$88