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EV Charging Costs in New Jersey

At 17.88¢/kWh, New Jersey is 11% above the national average (16.11¢/kWh). Ranked number 40 cheapest out of 51.

35 mi
5 mi120 mi

State rate locked at 17.9¢/kWh (EIA residential average).

New Jersey savings

YOU SAVE$1,026/year

In New Jersey, versus a 28 MPG gas car at $3.50/gal. Over 5 years, that is $5,129.

64%
FUEL CUT
MONTHLY CHARGING
$48/mo
ANNUAL SAVINGS
$1,026/yr
COST PER MILE
$0.045 EV
GAS
$0.13
EV
$0.05
5 YEAR SAVINGS
$5,129 total
Live savings meter
GAS/yr
SAVES
/yr
EV/yr

Similar states by rate

StateRateMonthlyRank
New Jersey (you)17.88¢$46.93#40
Maryland15.13¢$39.72#37
Wisconsin15.94¢$41.84#38
Pennsylvania16.04¢$42.11#39
Michigan18.47¢$48.48#41
Vermont19.93¢$52.32#42

What the rate means for you

New Jersey's residential electricity rate of 17.88¢/kWh is 11% above the national average. For a typical EV owner driving 35 miles per day, this translates to about $46.93 per month in charging costs, or $563.22 annually. Compared to fueling a 28 MPG gas car at $3.50 per gallon, you save $1,012 per year.

At $0.045 per mile for electricity versus $0.125 per mile for gas, driving electric in New Jersey costs 64% less per mile. Over 5 years of typical driving (12,775 miles per year), that adds up to $5,059 in fuel savings alone, before accounting for reduced maintenance costs.

A full charge on a Tesla Model 3 (60 kWh battery, 272 miles of range) costs $10.73 in New Jersey. Most daily charging sessions only use 20 to 40 percent of the battery, so a typical overnight charge costs $3.22 to $4.29.

FAQ

Frequently asked

At New Jersey's average residential rate of 17.88¢/kWh, charging a Tesla Model 3 (60 kWh battery) from empty costs $10.73. For a typical driver covering 35 miles per day, monthly charging costs are about $46.93.