Electricity Rates in River edge, NJ

Residents of River edge, NJ benefit from relatively low electricity rates, averaging 13.0¢/kWh — 26.9% below the national average. Public Service Elec & Gas Co serves the area.

Avg. Residential Rate 13.0¢/kWh
vs. New Jersey Avg. 0.0%
vs. National Avg. -26.9%
Providers 1

Electricity Providers in River edge

Utility Residential Rate Commercial Rate Type
Public Service Elec & Gas Co 13.0¢/kWh 10.0¢/kWh Investor Owned

Estimated Monthly Electric Bill

Based on the average residential rate of 13.0¢/kWh and typical US household usage of 886 kWh/month:

River edge monthly bill $115.18
River edge annual cost $1382.16
New Jersey avg. monthly $115.18
National avg. monthly $157.53

Solar Savings in River edge

At 13.0¢/kWh, a typical River edge household spends approximately $1382.16/year on electricity. Solar panels could reduce this by 50–90%.

$1037/yr estimated solar savings

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

EV Charging Costs in River edge

Charging an electric vehicle at home in River edge costs approximately $117.00/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 River edge, NJ?

The average residential electricity rate in River edge, NJ is 13.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $115.18 for a typical household.

Who provides electricity in River edge?

River edge is served by 1 electricity provider. Public Service Elec & Gas Co is the largest provider in the area.

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

River edge's average rate of 13.0¢/kWh is close to the New Jersey state average of 13.0¢/kWh. Rates are typical for the region.