Jersey Central Power & Lt Co electricity rates

It serves 964,802 residential customers, making it one of the larger utilities in New Jersey. At 15.65¢ per kilowatt-hour it is one of the cheaper places to buy electricity in New Jersey, 32.7% under the statewide average of 23.27¢.

Consumption is close to the national norm at 791 kilowatt-hours a month against 871, so the rate translates fairly directly into the bill.

A shareholder-owned company whose rates are set by the state regulator, including an approved return on the capital it has invested. That matters because a bill is not only the cost of generating electricity: it also carries the cost of the network, and who owns that network changes how it is paid for.

In 2024 the average Jersey Central Power & Lt Co customer went 481 minutes without electricity across 2.46 interruptions. The median across the 941 utilities that report this is 185 minutes.

That is far worse than typical, and figures at this level almost always reflect a major storm season rather than everyday performance. A single hurricane or ice storm can dominate the annual number.

Jersey Central Power & Lt Co offers time-of-use pricing and real-time pricing to residential customers. 13,233 households were enrolled, about 1.4% of its residential base.

These plans are opt-in almost everywhere. They reward households that can move laundry, dishwashing, water heating or electric vehicle charging out of the late-afternoon peak, and they cost more than the standard rate for households that cannot. How to tell which group you are in.

54,556 residential customers had net-metered solar in 2024, totalling 455.18 megawatts. That works out to 56.5 installations per thousand customers, against a median of 8 across the utilities reporting it.

Adoption here is exceptionally high. That usually means some combination of a high retail rate worth displacing, strong sunshine and favourable export rules, and it tends to bring its own regulatory argument about who covers the fixed cost of the network. What exports are actually worth.