Power Costs In East Brunswick: What's The Price?

The cost of power in East Brunswick, New Jersey, is deregulated, meaning residents can choose from over 50 energy companies. The average residential electricity rate is 17 ¢/kWh, which is 11% lower than the average electricity rate in New Jersey. On average, residents spend about $185 per month on electricity, which is 4% higher than the national average. The average monthly electric bill for residential customers is $185/month, calculated by multiplying the average monthly consumption by the average electric rate: 1,093 kWh * 17 ¢/kWh.

Average electricity bill in East Brunswick, NJ

The average electricity bill in East Brunswick, New Jersey, is around $81 per month. This is based on an average electricity rate of 16.25 cents per kilowatt-hour (kWh) and an average monthly electricity usage of 499 kWh for households in the area.

The cost of electricity in East Brunswick is deregulated, which means that residents can choose from over 50 energy companies in the area. The average residential electricity rate in New Jersey is 15.78 cents/kWh, which is higher than the national average of 11.88 cents/kWh.

The cost of living in East Brunswick is about 14% higher than the national average, with utility prices being 10% higher. The city has a median household income of $43,783, which is approximately 30% less than the median income for the entire United States.

In nearby North Brunswick, NJ, the average monthly electric bill for residential customers is $207/month, which is calculated by multiplying the average monthly consumption of 1,095 kWh by the average electric rate of 19 cents/kWh.

Average electricity rate in East Brunswick, NJ

The average residential electricity rate in East Brunswick, New Jersey is 17 ¢/kWh, which is 11% lower than the average electricity rate in New Jersey of 18.96 ¢/kWh. The average household's monthly electricity usage was 499 kWh in November, making the average bill around $81. On average, residents of East Brunswick spend about $185 per month on electricity, which is $2,220 per year. This is 4% higher than the national average electric bill of $2,136.

Utility prices in New Brunswick are 10% higher than the national average, and the cost of living is 14% higher. East Brunswick's electricity prices are deregulated, meaning residents can choose from over 50 energy companies in the area.

Average monthly electricity usage in East Brunswick, NJ

The average monthly electricity usage in East Brunswick, New Jersey, is 1,093 kWh, which costs residents about $185 per month on average. This is calculated by multiplying the average monthly consumption by the average electric rate: 1,093 kWh * 17 ¢/kWh.

The average electric rates in East Brunswick, NJ, are 17 ¢/kWh, which is 11% lower than the average electricity rate in New Jersey of 18.96 ¢/kWh. The average residential electricity rate in East Brunswick, NJ, is 6% lower than the national average rate of 18 ¢/kWh.

In November, the average electricity rate in East Brunswick was 16.25¢ per kWh. The average household's monthly electricity usage was 499 kWh, making the average bill around $81.

Over the next 25 years, you should expect to pay $59,800 on electric bills in East Brunswick, NJ. You can reduce your electric bill by using less electricity or by reducing the cost of your electricity (e.g., by installing a solar system).

Average residential electricity rate in New Jersey

The average residential electricity rate in New Jersey is around 15.78¢/kWh to 19¢/kWh. This is higher than the national average, which is around 11.88¢/kWh to 18¢/kWh. The average monthly residential electricity bill in New Jersey is $109 to $198, compared to the national average of $107 to $138.3.

New Jersey has a deregulated energy market, which means that customers can choose from many different energy providers and plans, including fixed-rate, variable-rate, and green energy plans. The price of electricity in New Jersey also varies depending on the time of day and year, with on-peak hours being 9 am to 9 pm, Monday through Friday.

The four major public utilities in New Jersey are Jersey Central Power & Light, Rockland Electric Company (RECO), Atlantic City Electric, and PSE&G. Each of these companies charges different rates, which contributes to variations in electricity bills across the state.

The cost of electricity in New Jersey is also affected by the source of energy. For example, choosing a green energy plan may result in paying a higher rate due to the high demand for clean energy. Additionally, local transmission and distribution systems, as well as local regulations, can impact the price of electricity in different areas of the state.

Average commercial electricity rate in New Jersey

The average commercial electricity rate in New Jersey is 12.78 ¢/kWh, which ranks 9th in the nation and is 26.66% greater than the national average rate of 10.09 ¢/kWh. Commercial electricity consumption in New Jersey averages 6,521 kWh/month, which ranks 17th in the nation and is 4.54% greater than the national average of 6,238 kWh/month. The average monthly commercial electricity bill in New Jersey is $833, which ranks 6th in the nation and is 32.43% greater than the national average of $629.

Commercial electricity rates in New Jersey are often cheaper than residential rates because businesses use much larger quantities of electricity than homes. According to the EIA, the average commercial electricity rate in NJ in December 2023 was 13.71 ¢/kWh.

In Newark, New Jersey, the average commercial electricity rate is 7.38 ¢/kWh, which is 42.25% less than the state average.

New Jersey has a deregulated energy market, which means that businesses of all sizes can compare energy plans from top energy suppliers and shop for the best rate available. In most cases, businesses will be able to effectively manage and/or reduce their monthly electricity costs by switching energy plans and providers every year.

Frequently asked questions