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EV Charging Cost in New Jersey (2026)

Driving 12,000 miles a year on a typical EV (3.5 mi/kWh efficiency) costs about $805/year in New Jersey— roughly $67/month — at the state's average residential rate of 23.49¢/kWh.

Charge Up New Jersey gives a $1,500 point-of-sale rebate to all buyers of a new EV under $55k MSRP (active through FY2026, June 30, 2026), with an extra $2,500 only for income-qualified applicants.

Rate

23.49¢/kWh

Residential avg (EIA)

Annual energy

3,429 kWh

12,000 mi at 3.5 mi/kWh

Annual cost

$805

vs ~$2,000 for a 30 mpg gas car

Model-by-model charging cost in New Jersey

Estimated using each EV's claimed range × battery capacity to derive efficiency.

EVBatteryRangeAnnual cost
Hyundai Motor India Ioniq 572.6 kWh392 mi$522Specs →
BYD India Atto 360.48 kWh324 mi$527Specs →
Tesla Model 360 kWh319 mi$531Specs →
Hyundai Motor India Ioniq 677.4 kWh382 mi$572Specs →
Kia India EV684.4 kWh412 mi$577Specs →
VinFast VF e3442 kWh198 mi$599Specs →
BYD India e671.7 kWh323 mi$625Specs →
Tesla Model Y75 kWh331 mi$638Specs →
BYD India Seal82.56 kWh360 mi$646Specs →
BMW India iX164.7 kWh273 mi$667Specs →
Kia India EV999.8 kWh336 mi$837Specs →
Volvo Car India XC40 Recharge78 kWh260 mi$846Specs →

Picking the most efficient EV for New Jersey?

A Virtual EV Inspection with ev.care matches your driving patterns and home-charging setup to the most cost-effective model.

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