Electricity Rates in Allenwood, NJ

Residents of Allenwood, NJ benefit from relatively low electricity rates, averaging 10.0¢/kWh — 43.8% below the national average. Jersey Central Power & Lt Co serves the area.

Avg. Residential Rate 10.0¢/kWh
vs. New Jersey Avg. -23.1%
vs. National Avg. -43.8%
Providers 1

Electricity Providers in Allenwood

Utility Residential Rate Commercial Rate Type
Jersey Central Power & Lt Co 10.0¢/kWh 10.0¢/kWh Investor Owned

Estimated Monthly Electric Bill

Based on the average residential rate of 10.0¢/kWh and typical US household usage of 886 kWh/month:

Allenwood monthly bill $88.60
Allenwood annual cost $1063.20
New Jersey avg. monthly $115.18
National avg. monthly $157.53

Solar Savings in Allenwood

At 10.0¢/kWh, a typical Allenwood household spends approximately $1063.20/year on electricity. Solar panels could reduce this by 50–90%.

$797/yr estimated solar savings

The federal solar tax credit covers 30% of installation costs through 2032.

EV Charging Costs in Allenwood

Charging an electric vehicle at home in Allenwood costs approximately $90.00/month at current rates, based on average driving habits (about 30 kWh per charge, charged daily). Compare to public charging prices at ChargeBuddy.ai.

Frequently Asked Questions

What is the average electricity rate in Allenwood, NJ?

The average residential electricity rate in Allenwood, NJ is 10.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $88.60 for a typical household.

Who provides electricity in Allenwood?

Allenwood is served by 1 electricity provider. Jersey Central Power & Lt Co is the largest provider in the area.

How do Allenwood electricity rates compare to the rest of New Jersey?

Allenwood's average rate of 10.0¢/kWh is 23.1% below the New Jersey state average of 13.0¢/kWh. Residents enjoy some of the lower rates in the state.