NewInsight: Investor-owned utilities charge 23% more for power

Jersey Central Power & Light electricity rates

What homes pay Jersey Central Power & Light for electricity, from EIA.

Investor-owned utility, 943,986 homes in New Jersey. EIA lists it as Jersey Central Power & Lt Co.

Headlines

Average price
19.3¢ a kWh
Up 10% on a year ago
Average bill
$157 a month
Up 16% on a year ago
Average use
811 kWh
A month. New Jersey 675 kWh
Price rank in New Jersey
4 of 4
1 is the most expensive

Over the 12 months to August 2026, Jersey Central Power & Light homes paid 19.3¢ a kWh, against 23.7¢ across New Jersey.

Jersey Central Power & Light vs New Jersey

Jersey Central Power & LightNew Jersey
Average price, 12 months to August 202619.3¢23.7¢
Price in August 202620.6¢24.6¢
Average monthly bill, 12 months$157$160
Bill in August 2026$235$236
Average monthly use811 kWh675 kWh
Price change, past year+10%+10%
Price change since 2019+47%+50%

Electricity price

Average residential price a kilowatt-hour, by month.

Up to and including August 2026

Average monthly bill

What an average home pays a month.

Up to and including August 2026