EV Charging Cost in New Jersey: 23.49¢ per kWh

▲ 23% above US average
Residential electricity in New Jersey costs 23.49¢/kWh (March 2026), the 13th most expensive of all 50 states and DC. A full 60 kWh EV charge costs about $14.09 — roughly 97% more than North Dakota, the cheapest state at 11.95¢/kWh.

Latest EIA data: March 2026 Published May 24, 2026 Source: U.S. Energy Information Administration

23.49¢
per kWh ▲ 1.6% MoM
$14.09
Full 60 kWh charge
6.7¢
Cost per mile
$875
Annual savings vs gas*

New Jersey Electricity Price Trend (24 Months)

16¢ 18¢ 21¢ 24¢ 26¢ Apr '24Oct '24Apr '25Oct '25Mar '26 23.49¢
New Jersey US average

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.

Over the past year, electricity in New Jersey has increased 18.22%, from 19.87¢ to 23.49¢ per kWh.

Compare New Jersey to Neighboring States

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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.