New Jersey · EIA utility 59812 · Energy supplier
New Wave Energy Corporation electricity rates in New Jersey, 2025
New Wave Energy Corporation’s 387 residential customers paid an average of 14.24¢ per kWh in 2025, 37% below the New Jersey average of 22.48¢. The typical home used 2,167 kWh a month, for an average bill of $309.
- 14.24¢avg ¢/kWh (2025)+1.48¢ (+11.6%) vs 2024
- $309Avg monthly billNew Jersey: $151
- 2,167 kWhAvg monthly useNew Jersey: 670 kWh
- 387Residential customersEnergy supplier
| Sector | Customers | Sales (MWh) | Revenue | ¢/kWh 2025 | ¢/kWh 2024 | Change |
|---|---|---|---|---|---|---|
| Residential | 387 | 10,064 | $1,432,800 | 14.24¢ | 12.75¢ | +1.48¢ (+11.6%) |
| Commercial | 109 | 7,403 | $1,034,000 | 13.97¢ | 14.39¢ | −0.42¢ (-2.9%) |
| Industrial | 0 | 0 | $0 | n/a | n/a | n/a |
| All sectors | 496 | 17,467 | $2,466,800 | 14.12¢ | 12.98¢ | +1.15¢ (+8.8%) |
How New Wave Energy Corporation compares
- New Jersey residential average, 2025: 22.48¢ per kWh, 670 kWh a month, $151 average bill. U.S. average: 17.23¢, 874 kWh, $151.
- Latest monthly figure: New Jersey homes paid 24.61¢ per kWh in August 2026 (preliminary), against 24.70¢ in August 2025. Summer months often run higher than the annual average.
- From 2024 to 2025 this average rose 11.6%; the state average rose 16.2%.
- New Wave Energy Corporation is a retail energy provider that sells electricity supply in a state with retail choice. Balancing authority: PJM.
New Jersey energy suppliers with similar rates
| Provider | ¢/kWh | Avg bill | Customers |
|---|---|---|---|
| IDT Energy, Inc. | 12.20¢ | $104 | 42,845 |
| Think Energy, LLC | 13.58¢ | $149 | 2,950 |
| Constellation NewEnergy, Inc | 14.04¢ | $98 | 9,513 |
| Great American Gas & Electric, LLC | 15.29¢ | $42 | 1,265 |
| SFE Energy NJ, Inc. | 15.65¢ | $85 | 1,343 |
| Direct Energy Services | 16.52¢ | $118 | 6,882 |
| Ambit Energy Holdings, LLC | 16.94¢ | $139 | 4,818 |
| North American Power and Gas, LLC | 17.57¢ | $145 | 3,631 |
Sources
- U.S. Energy Information Administration, Annual Electric Power Industry Report, Form EIA-861, 2025 final data (f8612025.zip, file dated October 7, 2026): Sales to Ultimate Customers, Average Monthly Bill and Service Territory tables.
- EIA Form EIA-861, 2024 final data (f8612024.zip, file dated December 4, 2025), for the 2024 comparison.
- EIA Electric Power Monthly, Table 5.6.A (average price by state, August 2026 and August 2025; 2026 values are preliminary), file dated October 22, 2026.
Average price = residential revenue ÷ residential kWh sold, as reported to EIA. It includes fixed monthly charges, taxes passed through in revenue and seasonal tiers, averaged over the year. Your own rate depends on your tariff and usage.