Compare the lowest New Jersey electricity rates
New Jersey deregulated its electricity and gas market back in 1999, allowing residents to choose their electric and natural gas providers from various available companies. A deregulated energy market increases competition among providers and can help you secure cheaper electric rates in New Jersey.
As a New Jersey resident, you can save money on your energy bills by comparing plans and choosing your rate instead of sticking with the local utility’s default option. With deregulation in New Jersey, you can:
- Shop for the best rates: Compare competitive energy prices, find the best electricity deals, and choose a plan that fits your energy needs.
- Support renewable energy: Choose from plans including 100% green energy options to reduce your carbon footprint.
- Find a plan that fits your needs: Picking the right plan type for your household can help you save money on electric bills and avoid unexpected costs.
If you’re new to energy deregulation, Choose Energy makes it easy to learn more about the market, and compare New Jersey electricity rates and providers to find the best plan for your needs. Enter your ZIP code on this page to explore current New Jersey electric rates and energy suppliers near you.
NJ electricity rates
The following table shows the current available New Jersey electricity rates on the Choose Energy marketplace. All rates are shown in cents per kilowatt-hour (kWh).
| Plan Name | Plan Length | Rate* |
|---|---|---|
| Constellation - 6 Month Home Power Plan | 6 months | $0.187/ kWh |
| Constellation - 18 Month Home Power Plan | 18 months | $0.197/ kWh |
| Constellation - 9 Month Home Natural Gas Plan | 9 months | $0.599/ kWh |
| Constellation - 24 Month Home Natural Gas Plan | 24 months | $0.819/ kWh |
| Constellation - 12 Month Home Natural Gas Plan | 12 months | $0.829/ kWh |
Please note: All rates above are accurate as of 8/16/2025, 10:59:00 AM CDT for ZIP Code 07047. Rates may have changed since this date/time. For the most up to date rates in your area, please enter your zip code above.
*All pricing shown in cents per kWh
New Jersey price to compare
The price to compare (PTC) is the default energy rate set by your local utility company. PTC might also appear as the Standard Offer Service (SOS). If you don’t sign up for a plan with an energy provider in your area, you’ll automatically be enrolled in a standard energy plan with your utility under the PTC rate. You can also use your utility’s PTC to determine whether you can get lower New Jersey electricity rates from a separate provider.
| Utility | Price to Compare | Effective date |
|---|---|---|
| Atlantic City Electric | 8.22¢ per kWh | Effective 6/1/2025 |
| Jersey Central Power & Light | 11.8¢ per kWh | Effective 03/1/2025 |
| Public Service Electric & Gas | 12.6¢ per kWh | Effective 6/1/2025 |
| Rockland Electric | 13.6¢ per kWh | Effective 6/1/2025 |
Average New Jersey electricity rates in May 2025
The following is the latest data from the Energy Information Administration (EIA), and breaks down the average New Jersey electric rates for residential and business customers:
- The latest average residential New Jersey electricity rate is 20.49 cents per kWh. This rate is 17.3% higher than the national average of 17.47 cents per kWh.
- The latest average commercial New Jersey electricity rate is 16.56 cents per kWh, which is about 27.7% higher than the national average rate of 12.96 cents per kWh.
Average electric bill in New Jersey
The average electric bill in New Jersey is approximately $130.93 for residential customers. This is calculated by multiplying the latest average New Jersey electricity rate of 20.49 cents per kWh with the state’s typical monthly energy usage of 639 kWh. The average energy bill in New Jersey is about 12.3% lower than the national average residential bill of $149.36.
Types of New Jersey energy plans
When you enter your ZIP code on Choose Energy, you’ll find a few types of energy plans. The most common electricity and natural gas plans are:
Fixed-rate plans: With fixed-rate plans, your New Jersey electric rate stays the same for the duration of your contract, which usually lasts between six months and three years. If you cancel your contract before it ends, your provider will likely charge an early termination fee (ETF). You won’t incur an ETF if you’re moving out of the provider’s service area. These plans are ideal for homeowners looking for long-term stability and predictability.
Variable-rate plans: Your electric rate will change each month based on the wholesale cost of electricity. When demand is low, you could receive a cheap electric rate. When demand goes up, your rate may spike. On the plus side, you can cancel or switch plans at any time without penalty. If you’re a short-term renter or you move frequently, you might consider a plan like this.
Prepaid and no-deposit plans: Many energy providers require deposits based on your credit score. Some providers offer no-deposit energy plans, such as prepaid plans, which don’t require a deposit to begin service. You pay upfront for electricity, only for what you use. Your provider will notify you when your balance is low.
Renewable energy plans: Many energy providers offer electric and gas plans powered by green energy sources, like wind energy and solar power. You can find the percentage of green energy included in a plan in the Electricity Facts Label (EFL). Enter your ZIP code on this page and use the “green energy” filter to find renewable energy plans in your area.
Energy suppliers in New Jersey
In a deregulated market, you work with an electric supplier and a utility company. Energy and natural gas providers in New Jersey sell you your plan and handle your account and billing information. You can search your ZIP code on Choose Energy to find and compare the best electricity deals and cheaper energy suppliers in New Jersey. The following are several electricity providers that service the New Jersey area:
- Constellation Energy
- Direct Energy
- Frontier Utilities
- Clearview Energy
- Smart Energy
- Clean Choice Energy
New Jersey’s deregulated energy market also includes natural gas. The following are natural gas companies servicing New Jersey residents:
- Elizabethtown Gas
- New Jersey Natural Gas
- Public Service Electric & Gas
- South Jersey Gas
Utility providers in New Jersey
Your utility company delivers electricity and natural gas to your home or business, and monitors and maintains grid infrastructure. Unlike your energy provider, your utility is determined based on where you live, so you can’t choose your own. If you experience a power outage in New Jersey, contact your utility company — not your electric provider — to report the outage or receive updates about when service will be restored. Here are the utility companies servicing New Jersey:
- Atlantic City Electric
- Jersey Central Power & Light
- Public Service Electric & Gas
- Rockland Electric
- Vineland Municipal
If you’re unsure which utility services your address, check a past electric bill.
Business energy rates in New Jersey
Deregulation also gives New Jersey business owners the freedom to choose their energy provider. New Jersey ranks 11th nationally for the number of small businesses, with more than 860,000 operating across the state.
The average commercial electric rate in New Jersey is currently 16.56 cents per kWh. If you own a business in New Jersey, fill out our commercial energy form to get started building a customized business energy plan today. Or you can call the number on your screen to speak with one of our energy experts.
Find the right energy plan with Choose Energy
Since 2008, Choose Energy has helped residents and businesses in deregulated areas find the best electric rates and plans. We partner with trusted New Jersey electricity providers to offer reliable energy plans at competitive rates.
With Choose Energy, you can sign up for your new energy plan in three simple steps:
- Enter your ZIP code: Use our free marketplace to search for available electricity plans in your area.
- Compare plans: Filter and compare results to find the best New Jersey electricity providers and pick a plan that meets your energy needs.
- Sign up in minutes: Simply sign up online or over the phone in just a few minutes. Your new provider handles the switch so you can enjoy your New Jersey electricity savings with no interruption to your service.
Atlantic City electric rates
| Plan Name | Plan Length | Rate* |
|---|---|---|
| Constellation - 9 Month Home Natural Gas Plan | 9 months | $0.579/ kWh |
| New Jersey Gas & Electric - Gas 12 Month(s) Fixed Rate | 12 months | $0.699/ kWh |
Please note: All rates above are accurate as of 8/16/2025, 10:59:00 AM CDT for ZIP Code 08201. Rates may have changed since this date/time. For the most up to date rates in your area, please enter your zip code above.
*All pricing shown in cents per kWh
Jersey Central Power & Light electric rates
| Plan Name | Plan Length | Rate* |
|---|---|---|
| Frontier Utilities - NJ Frontier Online Premier 12 | 12 months | $0.150/ kWh |
| New Jersey Gas & Electric - Power Lock 12 | 12 months | $0.150/ kWh |
| Constellation - 9 Month Home Power Plan | 9 months | $0.152/ kWh |
| Clearview Energy - ClearGuarantee24 | 24 months | $0.159/ kWh |
| CleanChoice Energy - Clean Fix | 12 months | $0.159/ kWh |
| Smart Energy - Green 6 Month Fixed Rate | 6 months | $0.165/ kWh |
Please note: All rates above are accurate as of 8/16/2025, 10:59:02 AM CDT for ZIP Code 08753. Rates may have changed since this date/time. For the most up to date rates in your area, please enter your zip code above.
*All pricing shown in cents per kWh
Public Service Electric & Gas electric rates
| Plan Name | Plan Length | Rate* |
|---|---|---|
| Constellation - 6 Month Home Power Plan | 6 months | $0.187/ kWh |
| Constellation - 18 Month Home Power Plan | 18 months | $0.197/ kWh |
| Constellation - 9 Month Home Natural Gas Plan | 9 months | $0.599/ kWh |
| Constellation - 24 Month Home Natural Gas Plan | 24 months | $0.819/ kWh |
| Constellation - 12 Month Home Natural Gas Plan | 12 months | $0.829/ kWh |
Please note: All rates above are accurate as of 8/16/2025, 10:59:02 AM CDT for ZIP Code 07104. Rates may have changed since this date/time. For the most up to date rates in your area, please enter your zip code above.
*All pricing shown in cents per kWh
Rockland Electric Company electric rates
| Plan Name | Plan Length | Rate* |
|---|---|---|
| Constellation - 6 Month Home Power Plan | 6 months | $0.187/ kWh |
| Constellation - 18 Month Home Power Plan | 18 months | $0.197/ kWh |
| Constellation - 9 Month Home Natural Gas Plan | 9 months | $0.599/ kWh |
| Constellation - 24 Month Home Natural Gas Plan | 24 months | $0.819/ kWh |
| Constellation - 12 Month Home Natural Gas Plan | 12 months | $0.829/ kWh |
Please note: All rates above are accurate as of 8/16/2025, 10:59:02 AM CDT for ZIP Code 07430. Rates may have changed since this date/time. For the most up to date rates in your area, please enter your zip code above.
*All pricing shown in cents per kWh
Frequently asked questions about New Jersey energy
How long does it take to switch energy providers?
Finding and switching to a new energy plan or provider is quick and easy. You can complete the process online in a few minutes, and your service will typically go into effect on the next billing cycle (usually within 30–60 days). Some providers may offer same-day service, although this will vary by provider and plan.
How can I lower my electric bill?
Using less power is the most straightforward way to lower your electricity bill. There are many ways to lower your energy usage, including investing in energy-efficient appliances, unplugging devices when you aren’t using them, and scheduling regular HVAC maintenance. You could also lower your energy bill by switching to a different New Jersey electric company or plan.
Who is the cheapest electric supplier in New Jersey?
Currently, Frontier Utilities and Clearview Energy offer some of the cheapest New Jersey electricity rates. Prices may vary depending on location, plan length, and usage level. Enter your ZIP code on this page to compare current energy prices available near you.
What happens if I don’t choose a retail energy provider?
You aren’t required to sign up for an energy or natural gas plan from an alternative New Jersey energy company. If you don’t sign up for a plan, you’ll automatically be enrolled in one through your utility company under the default monthly rate, also known as the price to compare.
Is a deposit required for my energy plan?
Many energy suppliers require a deposit before beginning service. Deposit requirements are based on your credit score, so you may be exempt if your credit score is high. If you have a lower credit score or want to avoid paying a deposit, check for no-deposit options, such as prepaid energy plans, available in your area.