Near-field technologies enable contactless payments, building access, automotive keyless entry, and supply chain tracking. Existing approaches face fundamental trade-offs: magnetic-based methods (NFC/NFMI) achieve low power but are limited to sub-megabit rates, while millimeter-wave techniques provide gigabits/sec connectivity at higher power consumption and only centimeter-scale ranges. We demonstrate that near-field electric (NFE) communication breaks this trade-off via capacitive coupling enabled by confined electric fields. NFE simultaneously achieves ultra-low power ($<$1 mW per transceiver), high-speed data throughput ($>$3 Mbps), and configurable decimeter-range (5-30 cm) capabilities previously considered mutually exclusive. Systematic measurements across multiple orientations and configurations show NFE can support decimeter communication coverage. The power consumption of 0.4 mW at the transmitter (Tx) and 0.6 mW at the receiver (Rx), when combined is up to $\sim$24$\times$ lower than NFC and $\sim$3$\times$ lower than NFMI while achieving significantly higher data rates, and a couple of orders of magnitude lower power than mm-wave based technique. Testing with symmetrical electrodes across eight orientations validated consistent performance and robustness for practical deployments. Extended-range experiments achieved stable 2 Mbps throughput at 3.5 meters using conductive media, demonstrating NFE's unique ability to leverage environmental conductors. Optimized device design can facilitate achieving an extended range for Body-assisted NFE up to 1 m. Results establish NFE as foundational for next-generation wireless applications where security, low power, and throughput converge, enabling dense IoT deployments, secure payment systems, and high-speed device-to-device communication previously limited by the power-performance trade-off.