New Jersey vs New York Electricity Rates (2026)
New Jersey has 24.0% cheaper electricity than New York. New Jersey residents pay 18.48¢/kWh compared to 24.33¢/kWh in New York, saving about $2.00/month on average.
New Jersey
18.48¢
per kWh
$121/mo
New York
24.33¢
per kWh
$123/mo
Detailed Rate Comparison
| Metric | New Jersey | New York | National Avg |
|---|---|---|---|
| Residential Rate | 18.48¢/kWh | 24.33¢/kWh | 17.22¢/kWh |
| Commercial Rate | 14.02¢/kWh | 18.93¢/kWh | - |
| Industrial Rate | 12.05¢/kWh | 6.55¢/kWh | - |
| Avg Monthly Bill | $121 | $123 | $134 |
| Renewable Energy | 8.0% | 28.0% | ~22% |
| Primary Source | Natural Gas | Natural Gas | - |
Appliance Running Costs: New Jersey vs New York
Monthly cost to run common household appliances in each state.
| Appliance | NJ | NY | Savings |
|---|---|---|---|
| Air Purifier | $6.65 | $8.76 | NJ saves $2.11 |
| Blender | $0.22 | $0.29 | NJ saves $0.07 |
| CFL Bulb (13W) | $0.58 | $0.76 | NJ saves $0.18 |
| Cable / Satellite Box | $4.66 | $6.13 | NJ saves $1.47 |
| Ceiling Fan | $4.99 | $6.57 | NJ saves $1.58 |
| Central Air Conditioner | $155.23 | $204.37 | NJ saves $49.14 |
| Chest Freezer | $10.64 | $14.01 | NJ saves $3.37 |
| Clothes Dryer (Electric) | $16.63 | $21.90 | NJ saves $5.27 |
| Coffee Maker | $1.25 | $1.64 | NJ saves $0.39 |
| Crypto Mining Rig | $199.58 | $262.76 | NJ saves $63.18 |
| Dehumidifier | $19.96 | $26.28 | NJ saves $6.32 |
| Desktop Computer | $8.87 | $11.68 | NJ saves $2.81 |
| Dishwasher | $9.98 | $13.14 | NJ saves $3.16 |
| Electric Baseboard Heater | $55.44 | $72.99 | NJ saves $17.55 |
| Electric Fireplace | $31.05 | $40.87 | NJ saves $9.83 |
Bottom Line: New Jersey vs New York
New Jersey is the more affordable state for electricity, with rates 24.0% lower than New York. An average household would save about $24.00/year by living in New Jersey.
New Jersey gets its electricity primarily from Natural Gas with 8.0% renewable, while New York relies on Natural Gas with 28.0% renewable.
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Frequently Asked Questions
Is electricity cheaper in New Jersey or New York?
Electricity is cheaper in New Jersey at 18.48¢/kWh compared to New York at 24.33¢/kWh. That's a 24.0% difference, saving about $2.00/month on an average residential bill.
What is the average electricity bill in New Jersey vs New York?
The average monthly electricity bill is $121 in New Jersey and $123 in New York. The national average is $134.
Which state uses more renewable energy, New Jersey or New York?
New York has a higher renewable energy percentage at 28.0%, compared to 8.0% in New Jersey.
What are the main energy sources in New Jersey and New York?
New Jersey primarily uses Natural Gas, while New York relies on Natural Gas.
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Data verified March 2026 · Source: U.S. Energy Information Administration (EIA)