New Jersey Electric Bill
Estimate a monthly residential electricity bill in New Jersey from usage and an approximate rate.
About New Jersey Electric Bill
Monthly bill = usage in kWh × an approximate New Jersey residential rate of ¢18.4/kWh, plus any fixed monthly charge. Rates vary by utility, time of use and season.
Formula
Bill
Bill = kWh × rate + fixed charge
Worked example
With the default values below, New Jersey Electric Bill returns Estimated Monthly Bill of $18,412.00. Change any input above and every figure here is recalculated in your browser.
Inputs used
- Monthly usageminimum 0 kWh
- 1,000 kWh
- Monthly fixed chargeminimum 0
- 12
Results
- Estimated Monthly Bill
- $18,412.00
- Usage Charge
- $18,400.00
- Rate Used
- $18.40
- Fixed Charge
- $12.00
Step by step
- 1Values used
- 2Bill
- 3Estimated Monthly Bill= 18,412.00
- 4Usage Charge= 18,400.00
- 5Rate Used= 18.40
- 6Fixed Charge= 12.00
Assumptions and limits
- The result is derived only from the 2 inputs listed above. Anything not among them is not part of the calculation.
- In particular, this calculator does not take inflation, tax or compounding frequency into account.
- Figures are rounded for display to 2 decimal places, so totals built from several rounded parts can differ slightly from the unrounded arithmetic.
- Approximate rate only; confirm with your utility's current tariff.
- This is an estimate for general information and not professional financial, tax or legal advice. See the full disclaimer for the limits that apply to this kind of calculator.
How these calculators are built and tested is described on the Methodology page. If a figure looks wrong, please report it.
Approximate rate only; confirm with your utility's current tariff.
Frequently Asked Questions
Is this the exact New Jersey rate?
No — it is a state average reference. Your utility's rate depends on plan, time-of-use and demand charges.
How do I lower it?
Check time-of-use rates, adjust thermostat load, and compare suppliers if your state allows competitive retail.