Electricity Rates in Newark, NJ
Public Service Elec & Gas Co residential rate
20.42¢/kWh
11.7% below the New Jersey average of 23.13¢
Source: EIA, 2024 annual data · Public Service Elec & Gas Co serves 1966950 residential customers
What Does Electricity Cost in Newark?
If you're a Public Service Elec & Gas Co customer in Newark, you pay an average of 20.42 cents per kilowatt-hour for residential electricity. That's lower than the New Jersey state average of 23.13 cents, so your appliances cost less to run than most people in your state.
Here's what that rate means in real dollars for common household appliances:
Monthly Appliance Costs at Newark's Rate
| Appliance | Typical Use | Monthly Cost in Newark |
|---|---|---|
| Space Heater | 8 hrs/day | $73.51 |
| Central Air Conditioner | 8 hrs/day | $171.53 |
| Refrigerator | 24 hrs/day | $26.46 |
| Dishwasher | 1 hrs/day | $11.03 |
| Electric Oven | 1 hrs/day | $15.31 |
| Clothes Washer | 1 hrs/day | $3.06 |
| Clothes Dryer | 1 hrs/day | $30.63 |
| 50-Inch LED TV | 5 hrs/day | $3.06 |
| LED Light Bulb | 6 hrs/day | $0.37 |
| Electric Water Heater | 3 hrs/day | $82.7 |
For a complete list of appliance costs at your rate, use the appliance cost calculator with New Jersey selected.
Newark vs. New Jersey Average
New Jersey's average residential rate is 23.13 cents per kWh, but that average includes every utility in the state. Your actual cost depends on which utility serves your address.
| Newark (Public Service Elec & Gas Co) | New Jersey Average | |
|---|---|---|
| Rate per kWh | 20.42¢ | 23.13¢ |
| Est. monthly bill (886 kWh) | $181 | $205 |
| Est. annual cost | $2171 | $2459 |
Based on the national average household consumption of 886 kWh/month. Your actual bill depends on your home's size, insulation, appliances, and habits. Use the bill estimator to get a more personalized estimate.
Calculate Your Cost in Newark
Tips for Lowering Your Bill in Newark
No matter what rate you pay, the biggest savings come from the biggest consumers. Heating and cooling account for nearly half the average electric bill, so start there.
- Set your thermostat to 68F in winter and 78F in summer. Each degree of adjustment saves about 3-5% on heating/cooling costs.
- Check your HVAC filter monthly. A dirty filter makes the system work harder, costing you $5-$15/month in wasted electricity.
- If your water heater is set above 120F, lower it. Each 10-degree reduction saves 3-5% on water heating costs.
- Switch any remaining incandescent bulbs to LED. Each bulb saves about $7/year.
For more specific strategies, see our guide on how to lower your electric bill.
See the full rate picture for your state on the New Jersey electricity rates page.
Frequently Asked Questions
The average residential electricity rate in Newark is 20.42 cents per kWh, based on Public Service Elec & Gas Co's most recent annual data reported to the EIA. This rate reflects the average price including all charges (supply, delivery, and fees) divided by total kWh sold to residential customers.
Based on Newark's rate of 20.42 cents/kWh and the national average consumption of 886 kWh/month, a typical electric bill in Newark would be approximately $181/month or $2171/year. Your actual bill depends on your home's size, insulation quality, heating/cooling system, and appliance usage. Use the bill estimator to get a more accurate estimate based on your specific appliances.
The primary residential electricity provider in Newark is Public Service Elec & Gas Co, which serves approximately 1966950 residential customers. Public Service Elec & Gas Co is investor owned-owned. Some areas may have additional providers or co-ops; check your bill to confirm which utility serves your specific address.
Rate data from the U.S. Energy Information Administration (EIA), 2024 annual data. Rates reflect average residential prices and may differ from your specific rate plan. See our full disclaimer.