Electricity Rates in Fort monmouth, NJ
Residents of Fort monmouth, 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.
Electricity Providers in Fort monmouth
| 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:
Solar Savings in Fort monmouth
At 10.0¢/kWh, a typical Fort monmouth household spends approximately $1063.20/year on electricity. Solar panels could reduce this by 50–90%.
The federal solar tax credit covers 30% of installation costs through 2032.
EV Charging Costs in Fort monmouth
Charging an electric vehicle at home in Fort monmouth 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.
Nearby Cities in New Jersey
Frequently Asked Questions
What is the average electricity rate in Fort monmouth, NJ?
The average residential electricity rate in Fort monmouth, 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 Fort monmouth?
Fort monmouth is served by 1 electricity provider. Jersey Central Power & Lt Co is the largest provider in the area.
How do Fort monmouth electricity rates compare to the rest of New Jersey?
Fort monmouth'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.