New Jersey energy profile

Manufacturing energy costs in New Jersey

New Jersey plants pay 15.22 cents per kWh for industrial power as of Apr 2026, which puts the state 75.8% over the national average and 43 of 51 in the country, counting from the cheapest.

Current prices in New Jersey

  • Industrial electricity: 15.22 cents per kWh (Apr 2026, EIA).
  • Commercial electricity, the rate a warehouse or distribution center in New Jersey typically pays: 16.77 cents per kWh.
  • Industrial natural gas: 10.22 per Mcf (Apr 2026), 108.6% above the national average.
  • Just below New Jersey on the price ladder: Vermont at 12.48, Maryland at 14.34, Maine at 14.87 cents. Just above: New Hampshire at 17.14, Connecticut at 17.93, Massachusetts at 18.55 cents.

What the rate does to operating cost

  • A 10 kW machine running a 4,000 hour year costs about 6,088 in electricity at New Jersey rates versus 3,464 at the national average; at 50 kW the gap is 30,440 versus 17,320, and at 200 kW it is 121,760 versus 69,280.
  • At this rate, efficiency projects clear their hurdle faster in New Jersey than almost anywhere: every avoided kWh is worth more, so compressed air leak repairs, VFD retrofits, and scheduling around demand charges deserve a fresh look.

What factory labor pays in New Jersey

  • Industrial production managers: $70.80/hr median in New Jersey versus $60.61 nationally (OEWS 2025).
  • Industrial engineers: $49.93/hr median in New Jersey versus $49.25 nationally (OEWS 2025).
  • Production supervisors: $38.99/hr median in New Jersey versus $35.79 nationally (OEWS 2025).
  • Industrial machinery mechanics: $35.94/hr median in New Jersey versus $31.02 nationally (OEWS 2025).
  • Tool and die makers: $35.80/hr median in New Jersey versus $30.79 nationally (OEWS 2025).
  • Machinists: $30.38/hr median in New Jersey versus $28.24 nationally (OEWS 2025).
  • New Jersey employs about 249,000 manufacturing workers as of May 2026 (BLS).

Sources and update cadence

  • Prices come from the U.S. Energy Information Administration and refresh automatically when the agency publishes; this page also archives each month's New Jersey observation so the local price history deepens over time.

Last reviewed 2026-05-12.