[ PSE&G / NJ ]
PSE&G electricity rates in New Jersey
NO RATE CASE ON FILE · DATA 2025
change in average rate, 2024→2025
What your bill becomes
Estimated at PSE&G's average effective residential rate (25.03¢/kWh, EIA, all charges included). Your tariff, fees and taxes differ.
Rate history 2015–2025
| Year | ¢/kWh | Change | Customers |
|---|---|---|---|
| 2015 | 16.50¢ | — | 1,901,076 |
| 2016 | 16.46¢ | −0.2% | 1,913,176 |
| 2017 | 16.16¢ | −1.8% | 1,928,247 |
| 2018 | 15.73¢ | −2.7% | 1,948,034 |
| 2019 | 16.70¢ | +6.2% | 1,965,468 |
| 2020 | 17.25¢ | +3.3% | 1,976,745 |
| 2021 | 17.40¢ | +0.9% | 1,998,691 |
| 2022 | 17.43¢ | +0.2% | 2,018,177 |
| 2023 | 18.83¢ | +8.0% | 2,034,936 |
| 2024 | 20.42¢ | +8.4% | 2,056,231 |
| 2025 | 25.03¢ | +22.6% | 2,072,339 |
How this compares
PSE&G files with the EIA as Public Service Elec & Gas Co (utility ID 15477).
Serves 14 counties in New Jersey: Bergen, Burlington, Camden, Essex, Gloucester, Hudson, Mercer, Middlesex, Monmouth, Morris, Passaic, Salem, Somerset, Union. 362 ZIP codes.
Questions
Is PSE&G raising rates in 2026?
No rate case for PSE&G is on file with the New Jersey Board of Public Utilities in our tracker. Its average residential rate moved +22.6% from 2024 to 2025. We check the commission docket monthly.
What does PSE&G charge per kWh?
PSE&G's average effective residential rate was 25.03¢ per kWh in 2025 (EIA-861, revenue divided by sales, all charges included). New Jersey's 2025 average was 22.48¢.
How much have PSE&G rates gone up in five years?
+45.1% between 2020 and 2025, against +48.7% for New Jersey as a whole over the latest five-year window.
How many customers does PSE&G have in New Jersey?
2,072,339 residential customers in 2025, across 14 counties including Bergen, Burlington, Camden, according to the EIA-861 survey.
Where do these numbers come from?
Rates and customer counts are from the US Energy Information Administration's annual EIA-861 survey; rate-case facts are from the New Jersey Board of Public Utilities docket linked on this page. Nothing here is a utility bill; use it to understand the direction and size of changes.
Sources
- EIA-861 Sales to Ultimate Customers, 2015–2025 (released 2026-10-07)
- EIA-861M monthly state averages through Jul 2026
- NREL utility-by-ZIP lookup (2024)
