Quick Answer
Jersey Central Power & Light (JCP&L) currently charges $0.2074/kWh, down 14.1% year-over-year. An 8 kW solar system saves approximately $1,991/year at this rate.
Last verified: June 10, 2026. Sources: EIA Form 861, Jersey Central Power & Light (JCP&L) rate filings, state PUC dockets, and NuWatt solar production assumptions.
Jersey Central Power & Light (JCP&L) Electricity Rate Tracker 2026
Track Jersey Central Power & Light (JCP&L)'s residential electricity rates over time and see how rate changes impact solar panel savings for New Jersey homeowners.
Current Residential Rate
$0.2074/kWh
Service Territory
Central and northern NJ — Morris, Hunterdon, Warren, Sussex, Monmouth, Ocean counties
Customers
1.1M
Rate Type
regulated
Primary State
New Jersey
Rate History
Jersey Central Power & Light (JCP&L)'s residential electricity rate from January 2024 to the present. The orange bar represents the current rate.
Rate History Details
| Month | Rate ($/kWh) | Change | Source |
|---|---|---|---|
| June 2026Current | $0.2074 | +3.2% | JCP&L RS all-in annualized, SUT-incl (summer .1906/winter .2158), BGS eff Jun 1 2026 (firstenergycorp.com BPU No.14) |
| January 2026 | $0.2010 | -16.8% | JCP&L RS supply+delivery (firstenergycorp.com), eff Mar 2026 |
| June 2025 | $0.2415 | +20.0% | JCP&L +20% rate increase |
| January 2025 | $0.2012 | +1.4% | JCP&L tariff filing (NJBPU) |
| June 2024 | $0.1985 | +4.7% | EIA Form 861 |
| January 2024 | $0.1895 | -- | EIA Form 861 |
What Jersey Central Power & Light (JCP&L) Rates Mean for Solar
Based on Jersey Central Power & Light (JCP&L)'s current rate of $0.2074/kWh, here is what an average 8 kW residential solar system delivers in savings. These figures assume a system cost of $3.10/W with no federal tax credit (expired Dec 2025), 1,200 kWh/kW annual production, and 0.4% annual panel degradation.
$1,991
8 kW system at current rate
12.5 years
Cash purchase, no ITC
$68,665
3% annual rate escalation
Lock In Your Savings Before Rates Rise Again
Jersey Central Power & Light (JCP&L) rates have risen 14.1% over the past year. Solar lets you generate your own electricity and protect against future increases. Get a free custom estimate for your home.
Get Your Free Solar Estimate