Electricity Rates in Mountain lakes, NJ

Residents of Mountain lakes, 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 Mountain lakes

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:

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

Solar Savings in Mountain lakes

At 10.0¢/kWh, a typical Mountain lakes 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 Mountain lakes

Charging an electric vehicle at home in Mountain lakes 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 Mountain lakes, NJ?

The average residential electricity rate in Mountain lakes, 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 Mountain lakes?

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

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

Mountain lakes'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.