Center for New Liberalism

SHEET NJ · NEW JERSEY · S. 5653

Electricity prices in New Jersey are up 8%.

Meanwhile 14.6 gigawatts of new power, 95% of it solar, wind and batteries, is waiting to connect to the grid.

Write your senators
01 · BILLS
24.1¢
per kWh, Jan–Aug
+8%
vs. 2025
$12
more a month

U.S. average: 18.2¢, up 6.8%, about $10 more a month

02 · WAITING TO CONNECT

14.6 GW across 66 projects, 95% of it solar, wind and batteries

  • Solar 0.7 GW
  • Batteries 3.7 GW
  • Wind 9.5 GW
  • Gas + other 0.7 GW

Prices: EIA, residential, January–August 2026 vs. 2025. Extra cost: the state’s 2024 average household use times the price increase; actual bills vary. Queue: Lawrence Berkeley National Laboratory and GridTracker (CC BY 4.0), end of 2025. Projects are counted where they would be built, their power may serve other states, and most projects in the queue never get built. Homes’ worth is a year’s electricity, not around-the-clock supply.

CLOSE TO HOME

The EPA pulled back a fully executed permit for the Atlantic Shores offshore wind project in March 2025, and federal officials later moved to reconsider its approvals.

Source 1: offshorewind.biz · Source 2: workboat.com

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