New Jersey home charging cost for the 2026 Tesla Model S

A 2026 Tesla Model S draws 27.1 kWh per 100 miles per the EPA; at New Jersey's 23.65¢/kWh residential rate that's $6.42 per 100 miles charged at home, versus $16.02 for a 25.5-mpg gas car covering the same distance. Charging at home is much cheaper than gas here: 59.9% less than gas per mile, here specifically.

Annual cost, at 15 thousands miles a year

At fueleconomy.gov's default of 15,000 annual miles, the 2026 Tesla Model S costs roughly $962 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 $1,440 a year.

What one full charge costs

Covering the 2026 Tesla Model S's EPA-rated 410-mile range takes about 111.2 kWh, which costs about $26.31 at New Jersey's residential rate — figured from the EPA's own combined range and consumption numbers, not the pack's nameplate capacity.

Where this ranks

This combination ranks 11,181 of 20,400 state/model pairs for cost savings against gas (1 is cheapest). The Tesla Model S alone ranks 20 of 400 models for efficiency; New Jersey alone ranks 40 of 51 states for electricity price.

Next step: home charger installation

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

Every figure on this page traces to a named EIA or EPA dataset — see the methodology guide. Curious how New Jersey's 23.65¢/kWh compares? The guide to charging cost by state ranks every state side by side.