New Jersey Residential Electricity: Deregulated since 1999, NJ offers full retail choice in all utility territories. Average commercial rate: 12-15¢/kWh (2026). Higher than national average but competitive suppliers can reduce costs by 8-15%.

New Jersey Commercial Natural Gas: Full gas choice via PSE&G, Elizabethtown Gas, NJNG, and South Jersey Gas. Basis driven by Transco Z6 and Tetco M3 indexes. Interruptible rates offer lower pricing for dual-fuel boiler facilities. Gas Guide →

PJM Market

New Jersey Residential Electricity

Full retail choice across PSE&G, JCP&L, and Atlantic City Electric territories. High rates make switching suppliers especially valuable for NJ businesses.

100%
Commercial Choice
45+
Licensed Suppliers
8-15%
Typical Savings
Since 1999
Deregulated
$

New 2026/2027 Revenue Opportunity

PJM capacity prices for New Jersey have hit record highs ($269.92/MW-day). Commercial facilities in PSE&G, JCP&L, and ACE territories can now earn approximately $120,000 annually per MW of curtailable load.

View PJM Demand Response (DR) Programs

Compare this state Electricity Rates

Browse the top-rated electricity plans available in your area.

Most Popular
C
Champion Energy
Champ Saver 12
12-Month Fixed
Rate per kWh
11.4¢
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R
Reliant Energy
Basic Power 24
24-Month Fixed
Rate per kWh
11.9¢
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Secure sign-up on partner site
T
TXU Energy
Flex Forward
Month-to-Month
Rate per kWh
12.5¢
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Rates are estimated and may vary by exact ZIP code and utility territory.

NJ Utility Territories

NG

New Jersey Commercial Natural Gas

New Jersey has a dense pipeline network but remains vulnerable to winter price spikes. Commercial gas choice is available in PSE&G, Elizabethtown Gas, New Jersey Natural Gas (NJNG), and South Jersey Gas territories.

Many commercial boilers in NJ run on interruptible rates—switching to oil during peak winter days to unlock significantly lower gas pricing year-round.

Pipeline
Transco/Tetco
Opportunity
Interruptible

Tetco M3 vs. Transco Z6

NJ pricing is often driven by these two indices. Understanding which zone your facility sits in (North vs. South NJ) determines your basis risk strategy.

Read our Gas Procurement Guide →

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New Jersey Market Guide

🏙️

High-Cost State

NJ has among the highest electricity costs in the US. This makes supplier shopping even more valuable—small percentage savings yield big dollar amounts.

DATA

BPU Oversight

The NJ Board of Public Utilities regulates the market and maintains consumer protections. Third-party suppliers must be licensed.

kW

Offshore Wind Coming

NJ is building major offshore wind capacity. Future renewable energy contracts may offer competitive long-term pricing.

Ready to Shop NJ Electricity?

Our reverse auction process gets multiple PJM suppliers competing for your business.

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