Compare New Jersey electric rates
Before signing up for a New Jersey electric company or natural gas provider, compare electricity rates and plans in your area to find the best price and plan for you. The free Choose Energy marketplace makes it easy to compare your options and sign up for a plan. Enter your ZIP code to explore current New Jersey electric rates near you.
The following table shows available NJ electricity rates on the Choose Energy marketplace. All rates are shown in cents per kilowatt-hour (kWh).
| Provider | Plan name | Current rate | Plan type | Contract length |
|---|---|---|---|---|
| Frontier Utilities | NJ Frontier Online Premier 12 | 15.69 ¢ per kWh | Fixed-rate | 12 months |
| Clearview Energy | ClearGuarantee 12 | 16.89 ¢ per kWh | Fixed-rate | 6 months |
| Direct Energy | Live Brighter 6 | 17.49 ¢ per kWh | Fixed-rate | 6 months |
| Smart Energy | Green 12 Month Fixed Rate | 17.53 ¢ per kWh | Fixed-rate | 12 months |
| CleanChoice Energy | Clean Pick - 12 Months | 18.10 ¢ per kWh | Fixed-rate | 6 months |
*The rates and plans on this page are accurate at the time of writing and based on the standard 1,000 kWh usage for the 07104 ZIP code.
Average New Jersey electricity rates in 2024
The average electric bill in New Jersey is approximately $$132.08 per month, based on the latest data from the Energy Information Administration (EIA). The average New Jersey electric rate is 20.67 cents per kilowatt-hour (kWh).
Commercial electricity rates in New Jersey are often cheaper because businesses use much larger quantities of electricity than homes. According to the EIA, the latest average commercial NJ energy rate is 15.96 cents per kWh.
Types of New Jersey energy plans
When you enter your ZIP code on this page, you’ll find a variety of energy plan types. The most common electricity and natural gas plans are:
- Fixed-rate plans: With fixed-rate plans, your NJ electric rate stays the same for the entire length of your contract, usually 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 cancel because you’re moving out of the provider’s service area.
- Variable-rate plans: You won’t have to sign a contract under a variable-rate plan. You can cancel or switch plans at any time. However, 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. Variable-rate plans are more flexible than fixed-rate plans, but they’re also riskier.
- Prepaid and no-deposit plans: Many energy providers require deposits based on your credit score. Some providers offer no-deposit energy plans, which don’t require a deposit to begin service. Prepaid energy plans are a common no-deposit option where 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 to check renewable NJ electric rates.
New Jersey electric companies
In a deregulated market, you work with an electric supplier and a utility company. While you can choose your energy provider, your utility is assigned based on location. Energy and natural gas providers in New Jersey compete to offer you the best electricity plans and prices. You can search your ZIP code on our marketplace and compare options for your New Jersey home.
Energy suppliers in New Jersey
- Constellation Energy
- Direct Energy
- Frontier Utilities
- Clearview Energy
- Smart Energy
- CleanChoice Energy
Gas companies in New Jersey
- Elizabethtown Gas
- New Jersey Natural Gas
- Public Service Electric & Gas
- South Jersey Gas
Utility providers
Your utility company delivers electricity and natural gas to your home or business and maintains grid infrastructure. If you experience a power outage in New Jersey, contact your utility company to restore power.
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 exercise your power to choose an energy provider, you’ll be enrolled in a standard energy plan with your utility under the PTC rate. Compare the PTC in New Jersey to determine whether you can get lower NJ electric rates from another provider.
| Utility | Price to Compare (cents per kWh) |
|---|---|
| Atlantic City Electric | 13.17 |
| Jersey Central Power & Light | 11.7 |
| Rockland Electric | 14.07 |
| Rockland Electric | 9.34 |
Understanding deregulation in New Jersey
New Jersey deregulated its electricity and gas market in 1999, allowing residents to choose their electric and gas providers from various available companies. A deregulated energy market increases competition among providers and, as a result, can help you secure cheaper electric rates in NJ.
Because of deregulation, you can shop for energy plans based on where you live by entering your ZIP code or calling the number on this page. In times of low energy demand, such as spring and fall, you might be able to secure the best electric rates in NJ.
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.
Atlantic City electric rates
| Plan Name | Plan Length | Rate* |
|---|---|---|
| Constellation - 12 Month Home Natural Gas Plan | 12 months | $0.549/ kWh |
| Direct Energy - Live Brighter 12 | 12 months | $0.659/ kWh |
Please note: All rates above are accurate as of 11/21/2024, 5:12:30 PM CST 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* |
|---|---|---|
| Direct Energy - Term Optimized Live Brighter 6 | 6 months | $0.117/ kWh |
| Frontier Utilities - NJ Frontier Online Premier 12 | 12 months | $0.124/ kWh |
| Smart Energy - Green 6 Month Fixed Rate | 6 months | $0.128/ kWh |
| Constellation - 12 Month Home Power Plan | 12 months | $0.142/ kWh |
| CleanChoice Energy - Clean Pick - 12 Months | 12 months | $0.145/ kWh |
Please note: All rates above are accurate as of 11/21/2024, 5:12:31 PM CST 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 - 12 Month Home Power Plan | 12 months | $0.165/ kWh |
| Constellation - 24 Month Home Power Plan | 24 months | $0.180/ kWh |
| Constellation - 12 Month Home Natural Gas Plan | 12 months | $0.639/ kWh |
| Constellation - 24 Month Home Natural Gas Plan | 24 months | $0.669/ kWh |
Please note: All rates above are accurate as of 11/21/2024, 5:12:29 PM CST 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 - 12 Month Home Power Plan | 12 months | $0.165/ kWh |
| Constellation - 24 Month Home Power Plan | 24 months | $0.180/ kWh |
| Constellation - 12 Month Home Natural Gas Plan | 12 months | $0.639/ kWh |
| Constellation - 24 Month Home Natural Gas Plan | 24 months | $0.669/ kWh |
Please note: All rates above are accurate as of 11/21/2024, 5:12:30 PM CST 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 and unplugging devices when you aren’t using them. You may 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 electric rates in New Jersey. Prices may vary depending on location, plan length, and usage level.
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 a third-party NJ provider. 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.