EV Charging Cost Estimator in New Jersey
Calculate EV charging costs in New Jersey at home and on the go. Compare charging vs gas costs using local electricity rates ($0.182/kWh) and gas prices.
What New Jersey Residents Should Know
Home charging is where EV owners in New Jersey see the biggest savings. At the state average of $0.182 per kWh, a Level 2 home charger costs roughly $0.05 per mile. Compare that to $0.11 per mile for a 30-mpg gas car fueled at $3.30 per gallon, and you are looking at roughly $55 in monthly savings if you drive about 1,000 miles.
New Jersey utilities with time-of-use plans offer off-peak rates as low as $0.120 per kWh. Scheduling your charge for overnight hours drops the cost to just $0.04 per mile. Public DC fast chargers, on the other hand, typically cost $0.30–$0.50 per kWh and should be reserved for road trips rather than everyday charging to keep costs down.
New Jersey households currently pay an average of $134 per month for electricity. Adding an EV to the household typically raises the bill by $55–$73 per month (for 1,000–1,300 miles of driving), which is still far less than the $109–$142 per month you would spend on gasoline for the same distance. Use the calculator above to enter your exact driving habits and see how much you could save.
Avg. Electricity Rate
$0.182/kWh
Avg. monthly bill: $134
Regular Gas Price
$3.30/gal
Natural gas: $1.45/therm
TOU Peak Rate
$0.280/kWh
Off-peak: $0.120/kWh
Available Incentives in New Jersey
| Incentive | Type | Amount | Description |
|---|---|---|---|
| New Clean Vehicle Tax Credit (30D) | tax credit | $7,500 | Tax credit for purchasing a new qualifying electric vehicle. Vehicle must be assembled in North America and meet battery component and critical mineral requirements. Credit is split into $3,750 for battery components and $3,750 for critical minerals. |
| Used Clean Vehicle Tax Credit (25E) | tax credit | 30% | Tax credit for purchasing a qualifying used electric vehicle from a licensed dealer. Vehicle must be at least 2 model years old and priced at $25,000 or less. Credit is 30% of the sale price, up to $4,000. |
| Charge Up New Jersey | rebate | $5,500 | Rebate of up to $4,000 for purchasing or leasing a new EV with MSRP under $55,000. Additional $1,500 available for income-qualified applicants. |
| EV Sales Tax Exemption | exemption | $0 | Zero-emission vehicles are exempt from New Jersey sales tax, saving approximately 6.625% of the purchase price. |
Run the EV Charging Cost Calculator
Use our free calculator pre-filled with New Jersey data to see your personalized results.
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