New Jersey home charging cost for the 2026 Tesla Model 3 Premium RWD

At New Jersey's residential electricity rate of 23.65¢/kWh, a 2026 Tesla Model 3 Premium RWD (rated 24.6 kWh per 100 miles by the EPA) costs $5.83 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. Charging at home is much cheaper than gas here: 63.6% less than gas per mile, here specifically.

What a year of driving costs

At fueleconomy.gov's default of 15,000 annual miles, the 2026 Tesla Model 3 Premium RWD costs roughly $874 a year to charge at home in New Jersey, against roughly $2,403 a year for an equivalent gas car. That's a savings of about $1,529 a year.

Cost of a full charge

Covering the 2026 Tesla Model 3 Premium RWD's EPA-rated 363-mile range takes about 89.4 kWh, which costs about $21.15 at New Jersey's residential rate — figured from the EPA's own combined range and consumption numbers, not the pack's nameplate capacity.

How this compares nationally

This combination ranks 8,625 of 20,400 state/model pairs for cost savings against gas (1 is cheapest). The Tesla Model 3 Premium RWD alone ranks 4 of 400 models for efficiency; New Jersey alone ranks 40 of 51 states for electricity price.

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

The numbers above assume Level 2 home charging is already in place — the electrical work behind that is a real, separate cost that varies by panel, wiring, and local labor rates, not something this page's per-mile math includes.

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

Where these figures come from

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.