Compare New Jersey Electricity Rates
Find competitive electricity suppliers in New Jersey. Compare rates and switch to save money.
Cheapest Plans in New Jersey
Updated July 2026Estimates assume 1,000 kWh/month.
New Jersey Price to Compare (PTC) — Current Utility Default Rates
Standard utility supply rate · beat these rates by choosing a competitive supplier above
| Utility | PTC (¢/kWh) | vs State Avg | Observed |
|---|---|---|---|
| Atlantic City Electric | 17.85¢ | +2.29¢ | 2026-06-29 |
| JCPL | 16.17¢ | +0.61¢ | 2026-06-22 |
| PSEG | 12.67¢ | -2.89¢ | 2026-06-04 |
| State average PTC | 15.56¢ |
What is the PTC? The Price to Compare is what you pay for electricity supply if you stay with your utility. Many competitive suppliers offer rates below 15.56¢/kWh — enter your ZIP code above to see current offers in your area.
Source: State utility rate filings · Data as of June 29, 2026 · updated monthly
New Jersey deregulated its electricity market in 1999, giving all residents the ability to choose their electricity supplier. New Jersey's competitive market offers customers alternatives to utility basic generation service (BGS).
The state's four major utilities—PSE&G, JCP&L, Atlantic City Electric, and Rockland Electric—continue to deliver power while third-party suppliers compete for your electricity supply business.
How New Jersey Electricity Choice Works
Your Utility Delivers
Your electric distribution company (EDC) such as PSE&G, JCP&L, Atlantic City Electric, or Rockland Electric delivers electricity and maintains infrastructure. They handle outages and service issues.
Choose a Third Party Supplier
Select a Third Party Supplier (TPS) to provide your electricity generation. These suppliers compete on rates, contract terms, and renewable energy options.
NJBPU Oversees the Market
The New Jersey Board of Public Utilities regulates the competitive market and certifies third-party suppliers to ensure they meet standards.
BGS as Default
If you don't choose a supplier, you automatically receive Basic Generation Service (BGS) from your utility at regulated rates that adjust periodically.
New Jersey Deregulation Overview
New Jersey enacted the Electric Discount and Energy Competition Act in 1999, creating retail competition for electricity supply. The state offers robust consumer protections including guaranteed savings periods for some programs.
New Jersey customers can choose from numerous certified Third Party Suppliers (TPS) offering fixed-rate, variable-rate, and 100% renewable energy plans. The market has matured with strong competition and consumer choice.
Key Facts
- Deregulated since 1999
- NJBPU certified suppliers
- Basic Generation Service (BGS) default
- Major utilities: PSE&G, JCP&L, Atlantic City Electric, Rockland Electric
- Third Party Supplier (TPS) competition
New Jersey Electric Utilities
Public Service Electric & Gas (PSE&G)
Service Area: North and Central New Jersey
Market Type: Deregulated - You can choose your supplier
Visit Website →Jersey Central Power & Light (JCP&L)
Service Area: Central and Western New Jersey
Market Type: Deregulated - You can choose your supplier
Visit Website →Atlantic City Electric
Service Area: Southern New Jersey
Market Type: Deregulated - You can choose your supplier
Visit Website →Rockland Electric Company
Service Area: Bergen and Passaic Counties
Market Type: Deregulated - You can choose your supplier
Visit Website →Major New Jersey Cities We Serve
Frequently Asked Questions
What are the current electricity rates in New Jersey?
As of April 2026, New Jersey utility default supply rates (BGS) are: PSEG 13.46¢/kWh, JCP&L 13.51¢/kWh, Atlantic City Electric 18.20¢/kWh, Orange & Rockland 14.05¢/kWh, and Rockland Electric 18.82¢/kWh. These are supply-only rates — delivery charges are separate. Third-party suppliers may offer rates below these benchmarks.
What is BGS in New Jersey?
Basic Generation Service (BGS) is the default electricity supply from your utility if you don't choose a third-party supplier. BGS rates are set through competitive auctions and adjust periodically. Current BGS rates range from 13.46¢ (PSEG) to 18.82¢ (Rockland Electric) per kWh as of April 2026.
What is PSEG's current electricity rate in NJ?
PSEG's Basic Generation Service (BGS) rate is 13.46¢/kWh as of April 2026. This is the supply portion only — delivery charges are separate. PSEG serves North and Central New Jersey including Newark, Jersey City, and Edison. Third-party suppliers in the PSEG territory may offer fixed rates below this benchmark.
Which utility serves my area in New Jersey?
PSE&G serves North and Central NJ (13.46¢/kWh BGS), JCP&L serves Central and Western NJ (13.51¢/kWh), Atlantic City Electric serves Southern NJ (18.20¢/kWh), and Rockland Electric serves Bergen and Passaic Counties (18.82¢/kWh). Rates as of April 2026. Check your bill or enter your ZIP to confirm.
How does NJ electric choice work?
New Jersey deregulated electricity in 1999 under the Electric Discount and Energy Competition Act. You can choose a licensed Third Party Supplier (TPS) for your electricity generation while your utility (PSEG, JCP&L, ACE, or Rockland) handles delivery. Switching is free and takes 1-2 billing cycles. The NJBPU regulates all suppliers.
Are there renewable energy options in New Jersey?
Yes, many third-party suppliers offer 100% renewable energy plans. New Jersey also has community solar programs and strong renewable energy incentives under the state's Clean Energy Program.
Commercial Electricity Rates in New Jersey
Compare commercial electricity rates and business electricity providers in New Jersey. Get a free commercial quote with no obligation.
Compare business electricity rates in New Jersey →Ready to Compare New Jersey Electricity Rates?
Enter your ZIP code above to see plans in your area
Get Started