Charging a 2026 Tesla Model 3 Performance at home in New Jersey

At New Jersey's residential electricity rate of 23.65¢/kWh, a 2026 Tesla Model 3 Performance (rated 29.6 kWh per 100 miles by the EPA) costs $7 to drive 100 miles on home charging, against $16.02 for the same distance in a car averaging 25.5 mpg on gasoline at $4.085/gallon. That works out to 56.3% cheaper per mile than gasoline in New Jersey — charging at home is much cheaper than gas here.

What a year of driving costs

New Jersey owners putting 15,000 annual miles on a 2026 Tesla Model 3 Performance spend about $1,050 on home electricity, compared to about $2,403 a gas-car equivalent would spend on fuel. Call it about $1,353 saved annually, at this mileage.

What one full charge costs

At New Jersey's rate, fully covering this 2026 Tesla Model 3 Performance's 309-mile EPA range costs about $21.62 (91.4 kWh) — the energy the EPA test actually used, not the battery's rated size.

How this compares nationally

Among all 20,400 state-and-model combinations this site tracks, charging a 2026 Tesla Model 3 Performance in New Jersey ranks 13,072 for cost savings versus gas — 1 being the best deal nationally. Separately, the Tesla Model 3 Performance ranks 52 of 400 EV models for raw efficiency, and New Jersey ranks 40 of 51 for cheapest residential electricity.

Getting set up to charge a 2026 Tesla Model 3 Performance at home

Everything above is the per-mile and per-year cost once a home charger exists — getting one installed is a separate electrical job whose price depends on your panel and wiring, not the state average used here.

Ask a licensed New Jersey electrician to quote the install before this math becomes a real decision.

More on how this number was built

The methodology guide names the exact EIA and EPA tables behind this page's numbers. At 23.65¢/kWh, New Jersey sits in the middle of the national range — the guide to why charging cost varies by state shows where.