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Borough of Madison electricity rates

Municipal utility · New Jersey

Residential rate
17.84¢
per kWh incl. all charges
Avg. monthly bill
$272
1,522 kWh/month
vs. New Jersey
-25%
state avg 23.78¢
Homes served
6,894
4th cheapest of 13 in NJ
Outage time
28 min
per customer, 2018

Borough of Madison is a city-owned municipal utility, governed locally rather than by the state commission, serving 6,894 homes in New Jersey. Its residential customers pay an average of 17.84¢/kWh including fixed and delivery charges, 1% less than the U.S. average.

Rate basis: EIA-861 2025 annual data, adjusted to the 12 months ending 2026-07 using the state's price trend. This utility files EIA's short form, which reports total sales only, so the rate covers all customer classes.

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Borough of Madison bill estimates

Monthly useAt average all-in rateBase tariff charges*
500 kWh$89.20$110.96
1,000 kWh$178.40$221.90
1,500 kWh$267.60$334.05
2,000 kWh$356.80$446.20

*Residential Service (effective 2026-01-01, $4.86/month customer charge), energy and fixed charges from the OpenEI Utility Rate Database. Riders, fuel adjustments and taxes are often billed separately, so real bills usually land closer to the all-in column. Calculate your bill.

Borough of Madison residential rate plans

PlanEffectiveCustomer chargeEnergy charges
Residential Service2026-01-01$4.86 21.22¢ first 600 kWh, 22.43¢ after
Residential Service TOU Optiontime-of-use2026-01-01$4.86 16.7¢ (12am–7am, 11pm–12am) · 20.9¢ (7am–3pm, 7pm–11pm) · 41.3¢ (3pm–7pm) — summer weekdays

Source: OpenEI U.S. Utility Rate Database. Rates change. Check the linked tariff or your bill for current figures.

Borough of Madison rate history

Borough of Madison annual average residential price 15¢17¢19¢21¢23¢ 20152017202020212022202320242025 2015: 20¢2017: 19¢2020: 16¢2021: 16¢2022: 16¢2023: 16¢2024: 16¢2025: 17¢
Borough of MadisonNew Jersey avg

2015–2025: -17% change in the average residential rate (20.40¢ → 16.97¢). Annual EIA-861 data.

Outages & reliability

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Reliability history

2018Borough of MadisonNew Jersey avgU.S. avg
Outage minutes per customer (SAIDI)28155266
Outages per customer (SAIFI)1.121.34
Borough of Madison outage minutes per customer by year 2426293134 201620172018 2016: 332017: 252018: 28
With major eventsExcluding major events

Outages in counties served (2025)

From ORNL EAGLE-I, which tracks customers without power every 15 minutes. These counts cover every utility in each county. Weighted across Borough of Madison's counties, customers averaged 10 hr 14 min without power.

CountyOutage min/customerDays with outagesPeak customers outWorst day
Morris61415519,8342025-12-19

Borough of Madison service area

Borough of Madison serves Morris County in New Jersey.

Counties served by Borough of Madison

Morris

Programs, smart meters & solar

Smart meters (AMI) for homes0%
Time-based rate programsNone reported
Homes on time-based rates60
Net-metered solar homes0 reported

Borough of Madison at a glance

OwnershipMunicipal utility
Services—
Retail revenue (2025)$21,373,000
Electricity sold (2025)125,947 MWh
Balancing authorityPJM
EIA utility ID11476

Other utilities in New Jersey

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Frequently asked questions

What is Borough of Madison's electricity rate?

Borough of Madison residential customers pay an average of 17.84¢ per kWh, all charges included (EIA-861 2025 annual data, adjusted to the 12 months ending 2026-07 using the state's price trend). That's 25% below the New Jersey average of 23.78¢ and 1% below the U.S. average.

What is the average Borough of Madison electric bill?

About $272 a month. The average Borough of Madison home uses 1,522 kWh a month. At 1,000 kWh the bill would be about $178.

How many customers does Borough of Madison have?

Borough of Madison serves 6,894 residential customers in New Jersey, across 1 county.

How reliable is Borough of Madison?

In 2018, the average Borough of Madison customer was without power for 28 min (SAIDI) over undefined interruptions (SAIFI), including major storms. The New Jersey average was 2 hr 35 min and the U.S. average 4 hr 26 min.

Does Borough of Madison offer time-of-use rates?

Yes. The OpenEI rate database lists 1 time-of-use residential plan, including Residential Service TOU Option. Running big appliances off-peak can cut their cost. Pick the plan in the calculator above to see by how much.

Sources: EIA-861 2025 and EIA-861M (through July 2026), OpenEI URDB, ORNL EAGLE-I, U.S. Census. Methodology. Spot an error? Rates change often, so confirm with Borough of Madison before making decisions.