Public Service Elec & Gas Co Rates: Average Bill & Price per kWh

Residential rates for Public Service Elec & Gas Co and how they compare to the New Jersey average — 2024 EIA-861 annual data.

Data through 2024 EIA-861, verified Oct 11, 2026

Residential customers of Public Service Elec & Gas Co average $111.63/month at 19.81¢/kWh — below the New Jersey average of $207.33.

Avg bill (2024)$111.63/moannual average Rate19.81¢/kWh Res. customers2,056,231 Bill rank#8 in NJof tracked utilities

Where Public Service Elec & Gas Co rates are heading

Annual residential figures from Form EIA-861, 2019–2024.

Public Service Elec & Gas Co price per kWh (annual) ▲ 28.2% over 2019–2024
Public Service Elec & Gas Co price per kWh (annual) 15.5¢ 17.6¢ 19.8¢ 19.8¢ 2019 2024
YearRateAvg billRes. customers
2019 15.45¢/kWh $87.51/mo 1,965,468
2020 15.8¢/kWh $92.99/mo 1,976,745
2021 16.47¢/kWh $95.82/mo 1,998,691
2022 16.69¢/kWh $96.31/mo 2,018,177
2023 18.24¢/kWh $97.68/mo 2,034,936
2024 19.81¢/kWh $111.63/mo 2,056,231

Rate context in New Jersey

Statewide residential price trend (12 months) — context for Public Service Elec & Gas Co's 2024 annual figure.

New Jersey price per kWh (12 months) ▼ 1.4% over Jul 25–Jun 26
New Jersey price per kWh (12 months) 22.6¢ 23.9¢ 25.3¢ 25.0¢ Jul 25 Jun 26

Public Service Elec & Gas Co vs its state

Annual utility averages next to the latest statewide monthly figure — different windows, both labeled.

MeasurePublic Service Elec & Gas CoNew Jersey (latest month)
Avg bill $111.63/mo $207.33/mo
Rate 19.81¢/kWh 24.95¢/kWh

Cities served by Public Service Elec & Gas Co

Common questions

How much is the average electric bill with Public Service Elec & Gas Co?

Public Service Elec & Gas Co residential customers averaged $111.63 per month in 2024 (EIA-861 annual data) — about $1,339.61 per year.

What does Public Service Elec & Gas Co charge per kWh?

Public Service Elec & Gas Co averaged 19.81¢ per kWh for residential service in 2024 (annual revenue divided by sales, EIA-861). Actual rates depend on your plan and season.

How does Public Service Elec & Gas Co compare to the New Jersey average?

Public Service Elec & Gas Co bills average $111.63 — lower than the New Jersey average of $207.33 (latest EIA month).

How many customers does Public Service Elec & Gas Co serve?

Public Service Elec & Gas Co served 2,056,231 residential customers in 2024, per EIA-861 — one of the largest utilities we track in NJ.

Data: Form EIA-861, 2024 annual residential figures for Public Service Elec & Gas Co. Bill = residential revenue ÷ customers ÷ 12; rate = revenue ÷ sales. State context uses the latest EIA monthly data. See methodology.