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

Rockland Electric electricity rates

What homes pay Rockland Electric for electricity, from EIA.

Investor-owned utility, 64,521 homes in New Jersey. EIA lists it as Rockland Electric Co.

Headlines

Average price
25.3¢ a kWh
Up 14% on a year ago
Average bill
$228 a month
Up 15% on a year ago
Average use
904 kWh
A month. New Jersey 675 kWh
Price rank in New Jersey
3 of 4
1 is the most expensive

Over the 12 months to August 2026, Rockland Electric homes paid 25.3¢ a kWh, against 23.7¢ across New Jersey.

Rockland Electric vs New Jersey

Rockland ElectricNew Jersey
Average price, 12 months to August 202625.3¢23.7¢
Price in August 202626.4¢24.6¢
Average monthly bill, 12 months$228$160
Bill in August 2026$351$236
Average monthly use904 kWh675 kWh
Price change, past year+14%+10%
Price change since 2019+54%+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