Electricity Rates in Waretown, NJ
Waretown, NJ is in a deregulated electricity market with 2 providers available. The average residential rate is 14.0¢/kWh, 7.7% above the New Jersey average of 13.0¢/kWh. Residents may be able to switch providers to find a lower rate.
Electricity Providers in Waretown
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Atlantic City Electric Co | 17.0¢/kWh | 13.0¢/kWh | Investor Owned |
| Jersey Central Power & Lt Co | 10.0¢/kWh | 10.0¢/kWh | Investor Owned |
Estimated Monthly Electric Bill
Based on the average residential rate of 14.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Waretown
At 14.0¢/kWh, a typical Waretown household spends approximately $1488.48/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 Waretown
Charging an electric vehicle at home in Waretown costs approximately $126.00/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 Waretown, NJ?
The average residential electricity rate in Waretown, NJ is 14.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $124.04 for a typical household.
Who provides electricity in Waretown?
Waretown is served by 2 electricity providers. Atlantic City Electric Co is the largest provider in the area, though rates and availability vary by specific address.
How do Waretown electricity rates compare to the rest of New Jersey?
Waretown's average rate of 14.0¢/kWh is 7.7% above the New Jersey state average of 13.0¢/kWh. Residents may benefit from exploring solar energy to offset higher electricity costs.