Electricity Rates in Gibbstown, NJ
The average residential electricity rate in Gibbstown, NJ is 17.0¢/kWh based on 2024 EIA data. Atlantic City Electric Co provides electricity to the area. This is 30.8% above the New Jersey state average.
Electricity Providers in Gibbstown
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Atlantic City Electric Co | 17.0¢/kWh | 13.0¢/kWh | Investor Owned |
Estimated Monthly Electric Bill
Based on the average residential rate of 17.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Gibbstown
At 17.0¢/kWh, a typical Gibbstown household spends approximately $1807.44/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 Gibbstown
Charging an electric vehicle at home in Gibbstown costs approximately $153.00/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 Gibbstown, NJ?
The average residential electricity rate in Gibbstown, NJ is 17.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $150.62 for a typical household.
Who provides electricity in Gibbstown?
Gibbstown is served by 1 electricity provider. Atlantic City Electric Co is the largest provider in the area.
How do Gibbstown electricity rates compare to the rest of New Jersey?
Gibbstown's average rate of 17.0¢/kWh is 30.8% above the New Jersey state average of 13.0¢/kWh. Residents may benefit from exploring solar energy to offset higher electricity costs.