STATE ELECTRICITY REPORT / NJ
New Jersey electricity prices and operating costs.
Latest residential average: 23.27¢/kWh for 2026-05.
Residential rate23.27¢
1 month-1.1%
1 year+13.6%
5 years+45.9%
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.
| Equipment | Annual kWh | Monthly cost | Annual cost |
|---|---|---|---|
| Traditional Sauna | 1,755 | $34 | $408 |
| Infrared Sauna | 211 | $4 | $49 |
| EV Charging | 2,880 | $56 | $670 |
| Central Air Conditioning | 3,360 | $65 | $782 |
| Heat Pump | 3,600 | $70 | $838 |
| Hot Tub | 2,190 | $42 | $510 |
| Pool Pump | 2,160 | $42 | $503 |
| Electric Water Heater | 4,500 | $87 | $1,047 |
| Refrigerator | 600 | $12 | $140 |
| Electric Clothes Dryer | 468 | $9 | $109 |
| Dishwasher | 312 | $6 | $73 |
| Electric Oven | 520 | $10 | $121 |
| Dehumidifier | 720 | $14 | $168 |
| Space Heater | 900 | $17 | $209 |
| Chest Freezer | 350 | $7 | $81 |