Public Service Elec & Gas Co Electricity Rates and Average Bill (New Jersey)
Data through August 2026 (the latest month EIA has published) · Updated October 31, 2026
As of August 2026, Public Service Elec & Gas Co's residential customers in New Jersey paid an average effective rate of 26.85¢/kWh with an average monthly bill of $218.19, per EIA Form 861-M data. That rate is 2.2¢ above the New Jersey average of 24.61¢/kWh; the U.S. average is 18.16¢/kWh.
Rate trend vs the New Jersey average
View this chart as a table (last 12 months)
| Month | Rate (¢/kWh) | Avg bill ($/mo) | Avg usage (kWh/mo) |
|---|---|---|---|
| September 2025 | 25.76 | 138.55 | 538 |
| October 2025 | 23.70 | 95.69 | 404 |
| November 2025 | 23.62 | 99.24 | 420 |
| December 2025 | 24.66 | 144.34 | 585 |
| January 2026 | 24.71 | 164.27 | 665 |
| February 2026 | 24.73 | 135.16 | 547 |
| March 2026 | 25.47 | 119.33 | 468 |
| April 2026 | 26.21 | 102.06 | 389 |
| May 2026 | 26.37 | 119.37 | 453 |
| June 2026 | 27.95 | 199.72 | 714 |
| July 2026 | 27.80 | 251.98 | 906 |
| August 2026 | 26.85 | 218.19 | 813 |
Public Service Elec & Gas Co vs New Jersey vs the U.S.
| Public Service Elec & Gas Co | New Jersey | U.S. average | |
|---|---|---|---|
| Rate (August 2026) | 26.85¢/kWh | 24.61¢/kWh | 18.16¢/kWh |
| Average monthly bill | $218.19 | $236.26 | $209.23 |
| Average monthly usage | 813 kWh | 960 kWh | 1152 kWh |
| Rate change, 1 year | −6.0% | −0.4% | +3.4% |
Estimate a bill at Public Service Elec & Gas Co rates
Worked example: 1,000 kWh at Public Service Elec & Gas Co's average effective rate of 26.85¢/kWh is about $268.50. The utility's actual average usage is 813 kWh/month, which produces the $218.19 average bill. This is an all-in average (energy, delivery, fixed charges, riders); your tariff's marginal price will differ.
See the full New Jersey rate trend, look up another utility by ZIP code, or read why electric bills are rising.
Source: EIA Form 861-M (monthly utility-level sales to ultimate customers, residential), published with roughly a two-month lag. Rate = revenue ÷ sales; bill = revenue ÷ customers. Months failing basic sanity screens are excluded. See methodology.