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Overview
Data

Analysis

Table ET7. Electric power sector price and expenditure estimates, 1970-2024, New Jersey

Table ET7. Electric power sector price and expenditure estimates, 1970-2024, New Jersey
Year	Coal	Natural gas ^a		Petroleum				Nuclear fuel	Biomass	Electricity imports ^c	Total energy ^d
	Coal	Natural gas ^a		Distillate fuel oil	Petroleum coke	Residual fuel oil	Total	Nuclear fuel	Wood and waste ^b	Electricity imports ^c	Total energy ^d
	Prices in dollars per million Btu
1970	0.45	0.39		0.45	—	0.45	0.45	0.20	—	—	0.42
1971	0.55	0.46		0.72	0.31	0.71	0.71	0.15	—	—	0.59
1972	0.64	0.47		0.90	—	0.73	0.75	0.16	—	—	0.66
1973	0.68	0.54		1.18	—	0.89	0.93	0.15	—	—	0.80
1974	1.34	0.71		2.30	—	2.13	2.17	0.20	—	—	1.74
1975	1.59	0.95		2.14	—	2.12	2.12	0.18	—	—	1.71
1976	1.45	1.43		2.35	—	2.02	2.06	0.17	—	—	1.60
1977	1.42	1.79		2.74	—	2.32	2.37	0.29	—	—	1.71
1978	1.56	1.97		2.83	—	2.20	2.26	0.34	—	—	1.62
1979	1.67	2.56		4.09	—	3.37	3.44	0.32	—	—	2.23
1980	1.80	3.01		5.93	—	4.79	4.98	0.34	—	—	2.67
1981	2.07	4.00		7.48	—	5.58	5.79	0.33	—	—	2.62
1982	2.14	4.30		7.27	—	5.17	5.32	0.57	—	—	2.36
1983	1.97	4.05		6.23	—	4.80	4.96	0.70	—	—	2.89
1984	1.97	4.34		6.67	—	4.93	5.11	0.79	—	—	3.15
1985	1.92	3.97		6.24	—	4.41	4.62	0.71	—	—	1.91
1986	1.81	2.51		3.20	—	2.38	2.44	0.73	—	—	1.48
1987	1.77	2.55		4.10	—	3.12	3.29	0.81	—	—	1.50
1988	1.72	2.25		3.53	—	2.51	2.68	0.68	—	—	1.31
1989	1.76	2.46		4.08	—	3.03	3.24	0.66	0.67	—	1.49
1990	1.80	2.17		5.45	—	3.56	3.91	0.61	0.46	—	1.25
1991	1.78	1.96		4.81	—	2.96	3.28	0.61	0.50	—	1.17
1992	1.73	2.11		4.51	—	3.02	3.25	0.56	0.51	—	1.23
1993	1.77	2.30		4.04	—	2.65	2.99	0.58	0.55	—	1.26
1994	1.82	2.10		3.86	—	2.84	3.08	0.62	0.56	—	1.33
1995	1.78	2.12		3.84	—	2.84	3.31	0.63	0.70	—	1.45
1996	1.75	2.90		5.38	—	3.42	4.27	0.36	0.59	—	1.73
1997	1.76	2.95		4.50	—	2.89	3.79	0.59	0.50	—	1.71
1998	1.59	2.62		3.24	—	2.28	2.68	0.55	0.61	—	1.28
1999	1.45	2.99		3.79	—	2.80	3.28	0.45	0.67	—	1.31
2000	1.39	4.30		6.38	—	4.77	5.71	0.57	0.67	—	1.72
2001	2.27	3.36		5.74	—	3.93	4.83	0.45	1.36	—	1.58
2002	1.87	4.06		5.49	—	3.96	4.32	0.42	1.64	—	1.72
2003	1.80	6.21		6.07	—	3.55	4.49	0.41	1.58	—	2.13
2004	2.05	6.91		7.43	—	3.42	5.15	0.44	1.46	—	2.54
2005	2.18	9.55		6.05	—	4.75	5.16	0.42	2.28	—	2.85
2006	2.73	7.79		14.58	—	6.09	9.18	0.46	2.32	—	2.60
2007	2.89	7.90		16.31	—	4.68	10.21	0.46	2.42	—	2.91
2008	3.33	10.45		20.38	—	11.58	17.48	0.47	2.66	—	3.82
2009	4.01	5.16		12.18	—	7.78	9.62	0.56	2.20	—	2.24
2010	4.16	5.52		17.02	—	13.53	16.22	0.64	2.40	13.31	2.70
2011	4.18	5.11		22.44	—	20.13	21.65	0.68	2.44	11.53	2.50
2012	4.05	3.52		23.56	—	22.82	23.36	0.74	2.21	—	1.97
2013	3.87	4.19		24.43	—	21.32	23.84	0.80	2.26	11.49	2.24
2014	3.95	4.69		23.67	—	19.59	23.37	0.76	2.73	13.31	2.63
2015	3.82	2.86		14.70	—	10.18	14.01	0.72	2.62	10.54	1.82
2016	3.21	2.12		10.23	—	8.72	10.15	0.69	2.54	8.74	1.51
2017	3.17	2.73		13.96	—	—	13.96	0.73	2.40	9.18	1.68
2018	3.51	3.07		15.58	—	—	15.58	0.71	2.22	10.74	1.90
2019	3.07	2.79		14.06	—	—	14.06	0.66	2.33	—	1.82
2020	2.82	1.79		9.49	—	—	9.49	0.63	1.80	—	1.21
2021	3.17	3.62		15.06	—	—	15.06	0.69	2.39	—	2.02
2022	5.21	7.00		25.10	—	—	25.10	0.61	2.69	—	3.63
2023	—	2.07	[R ]	19.74	—	—	19.74	0.61	2.93	—	1.31	[R ]
2024	—	2.33		17.49	—	—	17.49	0.55	2.97	—	1.37
	Expenditures in million dollars
1970	45.4	18.4		3.2	—	107.5	110.6	7.6	—	—	182.1
1971	46.3	19.0		12.0	(s)	160.1	172.2	6.4	—	—	243.9
1972	18.0	12.3		38.7	—	188.1	226.8	7.6	—	—	264.7
1973	41.1	13.5		58.7	—	224.6	283.3	5.8	—	—	343.7
1974	102.8	10.9		125.8	—	430.6	556.4	8.0	—	—	678.2
1975	90.8	8.4		27.9	—	318.4	346.2	6.1	—	—	451.6
1976	98.7	14.8		39.3	—	292.9	332.2	7.3	—	—	453.0
1977	95.0	13.2		64.9	—	377.7	442.6	22.0	—	—	572.9
1978	90.7	1.6		48.9	—	366.4	415.4	30.4	—	—	538.1
1979	96.3	81.7		51.8	—	399.6	451.4	23.1	—	—	652.6
1980	120.2	247.6		96.7	—	389.1	485.8	27.9	—	—	881.5
1981	150.0	332.0		57.5	—	346.2	403.7	42.5	—	—	928.2
1982	155.0	291.1		29.6	—	262.7	292.3	88.2	—	—	826.6
1983	163.1	406.5		36.1	—	229.5	265.6	48.6	—	—	883.8
1984	148.4	428.6		40.1	—	256.8	296.9	48.2	—	—	922.2
1985	176.8	254.5		24.4	—	138.7	163.1	133.4	—	—	727.8
1986	126.1	95.9		13.0	—	126.9	139.9	114.8	—	—	476.7
1987	144.2	197.9		24.5	—	91.6	116.1	190.9	—	—	649.1
1988	126.9	118.4		34.1	—	119.1	153.2	173.4	—	—	571.9
1989	153.3	175.3		52.8	—	149.8	202.7	160.1	0.7	—	692.1
1990	132.4	148.9		21.8	—	63.5	85.3	154.3	2.0	—	522.9
1991	99.3	193.0		17.2	—	50.6	67.8	159.1	6.7	—	525.9
1992	98.5	253.3		9.2	—	33.7	42.9	127.1	7.8	—	529.6
1993	101.6	300.1		13.8	—	28.6	42.4	150.8	8.7	—	603.7
1994	114.5	312.6		18.6	—	46.4	64.9	142.5	11.6	—	646.0
1995	141.1	332.3		28.6	—	23.9	52.5	111.3	15.1	—	652.2
1996	151.1	384.3		19.6	—	16.3	35.9	42.0	9.9	—	623.3
1997	174.7	411.7		12.5	—	6.4	18.9	86.3	10.8	—	702.4
1998	136.6	367.2		9.8	—	9.6	19.3	155.8	14.3	—	693.1
1999	128.9	436.2		15.7	—	12.2	27.9	136.3	16.0	—	745.3
2000	159.4	600.9		42.1	—	22.1	64.2	169.1	16.1	—	1,009.6
2001	254.6	444.8		44.9	—	31.1	76.0	143.3	20.6	—	939.2
2002	196.0	671.9		9.2	—	21.2	30.3	136.5	25.3	—	1,060.1
2003	191.4	836.7		27.4	—	27.0	54.5	125.4	20.1	—	1,228.1
2004	230.1	1,008.6		29.9	—	18.1	47.9	124.5	17.8	—	1,429.0
2005	272.8	1,236.0		15.1	—	26.1	41.2	138.5	29.9	—	1,718.4
2006	316.4	1,053.2		10.7	—	7.8	18.5	156.1	31.4	—	1,575.6
2007	322.7	1,285.8		21.4	—	6.8	28.1	155.7	28.7	—	1,821.0
2008	325.0	1,831.0		25.8	—	7.2	33.1	159.5	37.4	—	2,386.1
2009	239.0	871.3		4.2	—	3.7	7.9	201.4	23.5	—	1,343.1
2010	299.3	1,126.7		20.4	—	4.9	25.3	220.4	23.6	6.1	1,701.3
2011	207.3	1,045.9		11.9	—	5.5	17.4	240.2	25.5	9.7	1,546.0
2012	103.7	822.1		5.9	—	2.1	8.0	257.9	27.2	—	1,218.9
2013	100.3	941.9		9.3	—	1.9	11.2	277.9	27.6	14.2	1,373.0
2014	121.3	1,213.4		37.6	—	2.5	40.1	250.3	36.8	10.6	1,672.4
2015	87.6	844.7		10.2	—	1.3	11.5	249.1	33.2	8.4	1,234.5
2016	56.0	719.4		3.6	—	0.2	3.8	215.5	33.3	4.3	1,032.1
2017	52.3	780.1		4.5	—	—	4.5	261.2	30.6	(s)	1,128.7
2018	58.7	907.2		23.2	—	—	23.2	236.0	27.6	0.8	1,253.6
2019	42.4	845.0		6.0	—	—	6.0	183.9	25.0	—	1,102.2
2020	34.2	418.4		1.9	—	—	1.9	176.3	17.8	—	648.7
2021	39.8	829.3		3.4	—	—	3.4	203.1	22.8	—	1,098.4
2022	32.3	1,813.6		21.4	—	—	21.4	179.2	13.2	—	2,059.8
2023	—	528.8	[R ]	5.1	—	—	5.1	181.2	14.7	—	729.8	[R ]
2024	—	541.8		3.2	—	—	3.2	159.4	14.3	—	718.6

Footnotes:

^a Includes supplemental gaseous fuels that are commingled with natural gas.

^b Wood, wood-derived fuels, and biomass waste. Beginning in 2006, includes small amount of other biomass liquids that are biodiesel. Prior to 2001, includes non-biomass waste.

^c Electricity imported from Canada and Mexico.

^d There are no direct fuel costs for hydroelectric, geothermal, solar, or wind energy.

Where shown, R = Revised data, — = No consumption, and (s) = Value less than 0.05 million dollars.

Notes: · Expenditure totals may not equal sum of components due to independent rounding. · The electric power sector consists of electricity-only and combined-heat-and-power (CHP) plants within the NAICS 22 category whose primary business is to sell electricity, or electricity and heat, to the public. · Through 1988, data are for electric utilities only. Beginning in 1989, data include independent power producers.

Web page: All data are available at https://www.eia.gov/state/seds/seds-data-complete.php.

Data source: U.S. Energy Information Administration, State Energy Data System. See technical notes. https://www.eia.gov/state/seds/