Level 2 EV Charger (240V) in Newark — $2,164/yr to Run (16.7¢/kWh)
Your level 2 ev charger (240v) in Newark costs about $180/month at 16.7¢/kWh. See daily, monthly, and yearly costs, plus tips to cut your bill.
Newark, NJ Electricity Rate
16.7¢/kWh
Utility: PSE&G (Public Service Electric & Gas)
+28% vs national avg
National avg: 13.0¢/kWh
Daily Cost
$7.21
43.2 kWh/day
Monthly Cost
$180.36
1080 kWh/mo
Annual Cost
$2,164
12,960 kWh/yr
Lifetime (15yr)
$32,465
energy only
Monthly Cost Breakdown in Newark
| Period | kWh | Newark Cost | National Avg | Difference |
|---|---|---|---|---|
| Daily | 43.2 | $7.21 | $5.62 | +$1.60 |
| Weekly | 302.4 | $50.50 | $39.31 | +$11.19 |
| Monthly | 1080.0 | $180.36 | $140.40 | +$39.96 |
| Quarterly | 3240.0 | $541.08 | $421.20 | +$119.88 |
| Annual | 12960.0 | $2164.32 | $1684.80 | +$479.52 |
Customize Your Level 2 EV Charger (240V) Cost
Adjust usage hours and electricity rate to calculate your exact cost in Newark.
Daily
$7.21
Monthly
$180.36
Annual
$2,164
15-Year
$32,465
Energy Saving Tips for Level 2 EV Charger (240V) in Newark
- ✓Newark electricity rates are 28% above the national average — energy efficiency matters more here.
- ✓A smart Level 2 EV Charger (240V) with scheduling optimization can save ~$433/year at Newark rates.
- ✓Charge during off-peak hours
- ✓Set charging schedules
- ✓Use solar for daytime charging
Highest-Cost Appliances in Newark, NJ
See which appliances cost the most to run at Newark's 16.7¢/kWh electricity rate.
Electric Furnace
HVAC · 10,000W
$1,503/yr
$125.25/mo
Electric Tankless Water Heater
Water Heating · 18,000W
$1,097/yr
$91.43/mo
EV Charger (Level 2)
Garage · 7,200W
$1,082/yr
$90.18/mo
Boiler (Electric)
HVAC · 6,000W
$902/yr
$75.15/mo
Electric Water Heater (Tank)
Water Heating · 4,500W
$823/yr
$68.57/mo
Water Heater (Tank Electric)
Water Heating · 4,500W
$823/yr
$68.57/mo
Heat Pump
HVAC · 2,400W
$641/yr
$53.44/mo
Hot Tub / Spa
Pool & Spa · 3,000W
$601/yr
$50.10/mo
Level 2 EV Charger (240V) Cost in Other New Jersey Cities
| City | Rate | Annual Cost | vs Newark |
|---|---|---|---|
| Newark (current) | 16.7¢ | $2,164 | — |
| Jersey City | 19.5¢ | $2,526 | +$362 |
| Paterson | 16.6¢ | $2,145 | $-19 |
| Elizabeth | 17.2¢ | $2,229 | +$65 |
| Edison | 17.0¢ | $2,207 | +$43 |
| Lakewood | 15.5¢ | $2,006 | $-158 |
| Woodbridge | 16.3¢ | $2,115 | $-49 |
| Toms River | 14.0¢ | $1,816 | $-349 |
| Trenton | 19.8¢ | $2,571 | +$407 |
Level 2 EV Charger (240V) Energy Cost FAQ — Newark, NJ
Understanding Level 2 EV Charger (240V) Energy Costs in Newark, NJ
Newark is a mid-sized New Jersey city where residential electricity rates from PSE&G (Public Service Electric & Gas) are shaped by regional energy supply and local demand patterns. Running a high-draw appliance like the Level 2 EV Charger (240V) (7,200W) at Newark's rate of 16.7¢/kWh costs approximately $2,164 per year — $480 more than the national average of $1,685.
Electricity in Newark is significantly more expensive than the national average — 28% higher. For a Level 2 EV Charger (240V) used 6 hours per day, this rate premium adds up to $480 in extra annual costs. Energy-efficient models and usage habits have an outsized impact in high-rate markets like this.
With a cost of living index of 117, Newark is near the national median. The Level 2 EV Charger (240V)'s monthly cost of $180.36 represents a typical share of the average Newark electric bill of $119/month. While no ENERGY STAR version is available, a smart Level 2 EV Charger (240V) with automated scheduling can reduce consumption by 20%, saving $433/year.
Newark's moderate climate (avg 55.3°F) helps keep seasonal energy cost swings manageable for most appliances. A Level 2 EV Charger (240V) produces approximately 9.2 tons of CO2 annually at typical usage. Newark residents can reduce this footprint by optimizing usage patterns, or investing in solar — see our solar savings calculator for Newark.
Compare All Energy Costs in Newark
See energy costs for 178+ household appliances at Newark's local electricity rate.
Frequently Asked Questions
How much does it cost to run a Level 2 EV Charger (240V) in Newark, NJ?
At Newark's average electricity rate of 16.7¢/kWh, a Level 2 EV Charger (240V) costs approximately $2,164 per year to run. That's about $180.36 per month with typical usage of 6 hours per day.
What is the electricity rate in Newark, NJ?
The average residential electricity rate in Newark, NJ is 16.7¢/kWh, which is 28% above the national average of 13.0¢/kWh. The primary utility provider is PSE&G (Public Service Electric & Gas).
How much electricity does a Level 2 EV Charger (240V) use per year?
A Level 2 EV Charger (240V) uses approximately 7,200 watts and consumes about 12,960 kWh per year with typical usage of 6 hours/day for 300 days/year.
Is a Level 2 EV Charger (240V) expensive to run in Newark?
Compared to the national average cost of $1,685/year, running a Level 2 EV Charger (240V) in Newark costs $480 more per year due to higher local electricity rates.
How can I reduce my Level 2 EV Charger (240V) energy cost in Newark?
To reduce Level 2 EV Charger (240V) costs in Newark: Charge during off-peak hours. Set charging schedules. Consider using a smart plug to monitor and optimize usage. Also check with PSE&G (Public Service Electric & Gas) for local energy efficiency rebates and programs.