EV Charging Cost in New Jersey: 23.49¢ per kWh
▲ 23% above US averageLatest EIA data: March 2026 Published May 24, 2026 Source: U.S. Energy Information Administration
New Jersey Electricity Price Trend (24 Months)
Charging Cost by Battery Size in New Jersey
| Battery | Example EV | Est. range | Full charge (0–100%) |
|---|---|---|---|
| 40 kWh | Nissan Leaf | 140 mi | $9.40 |
| 60 kWh | Typical EV | 210 mi | $14.09 |
| 80 kWh | Tesla Model 3 LR | 280 mi | $18.79 |
| 100 kWh | Tesla Model S | 350 mi | $23.49 |
Estimated range and charge cost assume 3.5 mi/kWh efficiency at New Jersey's 23.49¢/kWh residential rate. *Annual savings assumes 1,000 miles/month vs a 25 MPG gas car at $3.50/gallon.
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Frequently Asked Questions
How much does electricity cost in New Jersey?
Residential electricity in New Jersey costs 23.49¢/kWh as of March 2026, according to the U.S. Energy Information Administration. That is 23% above the US average of 19.16¢/kWh, ranking New Jersey the 13th most expensive of all 50 states and DC.
How much does it cost to charge an EV in New Jersey?
At 23.49¢/kWh, a full 0–100% charge costs about $9.40 for a 40 kWh battery, $14.09 for a typical 60 kWh EV, and $23.49 for a 100 kWh battery. That works out to roughly 6.7¢ per mile of driving.
Is it cheaper to drive an EV than a gas car in New Jersey?
Yes. Driving 1,000 miles a month on electricity in New Jersey costs about $805 a year, versus roughly $1,680 for a 25 MPG gas car at $3.50/gallon — an annual saving of about $875.
Electricity price from the U.S. Energy Information Administration (Form EIA-861), March 2026.