Jersey Central Power & Lt Co Electricity Rates

How this price compares

Ranked by price against the 12 utilities reporting residential rates in New Jersey, Jersey Central Power & Lt Co comes 3rd of 12. The state's range runs from EverBright, LLC at 12.44¢ to Atlantic City Electric Co at 23.41¢, so where a household sits inside New Jersey depends far more on which utility serves it than on the statewide average alone.

Against the 3 other investor owned utilities reporting in New Jersey, which averaged 21.62¢, Jersey Central Power & Lt Co is far below its own ownership class within the state (-27.6%).

All figures come from the 2024 release, so no comparison mixes vintages. The state figure is customer-weighted across 12 reporting utilities.

Scale and consumption

Jersey Central Power & Lt Co reported 964.8K residential customers, ranking 2nd of 12 utilities in New Jersey by customers served and covering 26.9% of the state's reported residential customers.

Dividing reported residential sales by customers served gives about 9,496 kWh per customer per year - near the national residential norm, implying a typical annual bill near $1,486.

Within New Jersey the median reporting utility sells about 8,343 kWh per customer, so Jersey Central Power & Lt Co customers use +13.8% against their own state's middle. Consumption close to the state middle means bills here track the price ranking fairly directly.

Every utility reporting in New Jersey

All 12 utilities reporting bundled residential service in New Jersey, largest first, with Jersey Central Power & Lt Co marked. The named companies either side of it are the ones a household in this state might otherwise be served by.

For generation mix and price history statewide, see electricity rates in New Jersey.

Common questions about Jersey Central Power & Lt Co rates

How much does Jersey Central Power & Lt Co charge per kWh?

Jersey Central Power & Lt Co reported an average residential price of 15.65¢ per kWh across its bundled residential customers in the 2024 EIA Form 861 release. That is an annual average across all its residential customers, not a rate schedule, so an individual bill depends on the tariff, usage pattern and season.

Is Jersey Central Power & Lt Co expensive compared with the rest of New Jersey?

Its average residential price is below the New Jersey customer-weighted average of 19.46¢ per kWh, a difference of -19.6%. The state figure is weighted by customers across the 12 utilities reporting residential service in New Jersey.

What is the average electricity bill for Jersey Central Power & Lt Co customers?

Dividing reported residential sales by residential customers gives about 9,496 kWh per customer per year. At the reported average price that implies roughly $1,486 a year, or about $124 a month. This is RateWatt's arithmetic on two EIA columns, not a figure EIA publishes.

Who owns Jersey Central Power & Lt Co?

EIA classifies Jersey Central Power & Lt Co as Investor Owned, a shareholder-owned company whose retail rates are set through a state regulatory commission. Nationally, Investor Owned utilities averaged 17.36¢ per kWh in the 2024 release.

What this page does and does not tell you

• An average across bundled residential customers for the year, revenue divided by sales, not a rate schedule.
• Form 861 presence is not evidence of availability at an address or of customer choice.

See our methodology, why energy prices vary and understanding rate structures.

Source: U.S. Energy Information Administration (EIA), Form 861 annual electric power industry report, 2024 release. Retrieved and formatted by RateWatt.