New Jersey · EIA utility 63122 · Energy supplier
Approved Energy II, LLC electricity rates in New Jersey, 2025
Approved Energy II, LLC’s 1 residential customers paid an average of 13.53¢ per kWh in 2025, 40% below the New Jersey average of 22.48¢. The typical home used 1,417 kWh a month, for an average bill of $192.
- 13.53¢avg ¢/kWh (2025)+2.76¢ (+25.6%) vs 2024
- $192Avg monthly billNew Jersey: $151
- 1,417 kWhAvg monthly useNew Jersey: 670 kWh
- 1Residential customersEnergy supplier
| Sector | Customers | Sales (MWh) | Revenue | ¢/kWh 2025 | ¢/kWh 2024 | Change |
|---|---|---|---|---|---|---|
| Residential | 1 | 17 | $2,300 | 13.53¢ | 10.77¢ | +2.76¢ (+25.6%) |
| Commercial | 2,625 | 257,777 | $27,920,400 | 10.83¢ | 9.81¢ | +1.02¢ (+10.4%) |
| Industrial | 0 | 0 | $0 | n/a | n/a | n/a |
| All sectors | 2,626 | 257,794 | $27,922,700 | 10.83¢ | 9.81¢ | +1.02¢ (+10.4%) |
How Approved Energy II, LLC 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 25.6%; the state average rose 16.2%.
- Approved Energy II, LLC 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.