What it costs to charge a 2026 Tesla Model 3 Premium AWD in New Jersey

At New Jersey's residential electricity rate of 23.65¢/kWh, a 2026 Tesla Model 3 Premium AWD (rated 26.4 kWh per 100 miles by the EPA) costs $6.24 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 61.1% cheaper per mile than gasoline in New Jersey — charging at home is much cheaper than gas here.

What a year of driving costs

Home charging this 2026 Tesla Model 3 Premium AWD in New Jersey runs about $936 over fueleconomy.gov's default 15,000 annual miles, versus about $2,403 for the gasoline equivalent. Call it about $1,467 saved annually, at this mileage.

What one full charge costs

$21.58 — that's what New Jersey's 23.65¢/kWh rate puts on the 91.3 kWh a 2026 Tesla Model 3 Premium AWD needs for its full 346-mile EPA range.

Where this ranks

Among all 20,400 state-and-model combinations this site tracks, charging a 2026 Tesla Model 3 Premium AWD in New Jersey ranks 10,462 for cost savings versus gas — 1 being the best deal nationally. Separately, the Tesla Model 3 Premium AWD ranks 12 of 400 EV models for raw efficiency, and New Jersey ranks 40 of 51 for cheapest residential electricity.

Before you install a home charger in New Jersey

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.

Get quotes from local electricians for Level 2 charger installation in New Jersey before deciding.

More on how this number was built

The methodology guide names the exact EIA and EPA tables behind this page's numbers. New Jersey's 23.65¢/kWh rate ranks 40 of 51 states; the state rate guide lays out the full spread.