Gas Furnace in Newark — $120/yr to Run (16.7¢/kWh)
Your gas furnace in Newark costs about $10/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
$0.80
4.8 kWh/day
Monthly Cost
$10.02
60 kWh/mo
Annual Cost
$120
720 kWh/yr
Lifetime (20yr)
$2,405
energy only
Monthly Cost Breakdown in Newark
| Period | kWh | Newark Cost | National Avg | Difference |
|---|---|---|---|---|
| Daily | 4.8 | $0.80 | $0.62 | +$0.18 |
| Weekly | 33.6 | $5.61 | $4.37 | +$1.24 |
| Monthly | 60.0 | $10.02 | $7.80 | +$2.22 |
| Quarterly | 180.0 | $30.06 | $23.40 | +$6.66 |
| Annual | 720.0 | $120.24 | $93.60 | +$26.64 |
Customize Your Gas Furnace Cost
Adjust usage hours and electricity rate to calculate your exact cost in Newark.
Daily
$0.80
Monthly
$10.02
Annual
$120
20-Year
$2,405
Energy Saving Tips for Gas Furnace in Newark
- ✓Newark electricity rates are 28% above the national average — energy efficiency matters more here.
- ✓An ENERGY STAR Gas Furnace in Newark saves ~$18/year compared to standard models.
- ✓A smart Gas Furnace with scheduling optimization can save ~$18/year at Newark rates.
- ✓Replace air filter every 3 months
- ✓Seal ductwork leaks
- ✓Schedule annual maintenance
ENERGY STAR Savings: Upgrading to an ENERGY STAR Gas Furnace in Newark saves approximately $18/year at local rates — $361 over the appliance lifetime.
Highest-Cost Appliances in Newark, NJ
See which appliances cost the most to run at Newark's 16.7¢/kWh electricity rate.
Level 2 EV Charger (240V)
Transportation · 7,200W
$2,164/yr
$180.36/mo
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
Gas Furnace Cost in Other New Jersey Cities
| City | Rate | Annual Cost | vs Newark |
|---|---|---|---|
| Newark (current) | 16.7¢ | $120 | — |
| Jersey City | 19.5¢ | $140 | +$20 |
| Paterson | 16.6¢ | $119 | $-1 |
| Elizabeth | 17.2¢ | $124 | +$4 |
| Edison | 17.0¢ | $123 | +$2 |
| Lakewood | 15.5¢ | $111 | $-9 |
| Woodbridge | 16.3¢ | $118 | $-3 |
| Toms River | 14.0¢ | $101 | $-19 |
| Trenton | 19.8¢ | $143 | +$23 |
Gas Furnace Energy Cost FAQ — Newark, NJ
Understanding Gas Furnace 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 moderate-draw appliance like the Gas Furnace (600W) at Newark's rate of 16.7¢/kWh costs approximately $120 per year — $27 more than the national average of $94.
Electricity in Newark is significantly more expensive than the national average — 28% higher. For a Gas Furnace used 8 hours per day, this rate premium adds up to $27 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 Gas Furnace's monthly cost of $10.02 represents a typical share of the average Newark electric bill of $119/month. Upgrading to an ENERGY STAR Gas Furnace can cut energy use by up to 15%, saving approximately $18 per year at Newark rates.
Newark's moderate climate (avg 55.3°F) helps keep seasonal energy cost swings manageable for most appliances. A Gas Furnace produces approximately 3.2 tons of CO2 annually at typical usage. Newark residents can reduce this footprint by choosing an ENERGY STAR certified unit, 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 Gas Furnace in Newark, NJ?
At Newark's average electricity rate of 16.7¢/kWh, a Gas Furnace costs approximately $120 per year to run. That's about $10.02 per month with typical usage of 8 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 Gas Furnace use per year?
A Gas Furnace uses approximately 600 watts and consumes about 720 kWh per year with typical usage of 8 hours/day for 150 days/year.
Is a Gas Furnace expensive to run in Newark?
Compared to the national average cost of $94/year, running a Gas Furnace in Newark costs $27 more per year due to higher local electricity rates.
How can I reduce my Gas Furnace energy cost in Newark?
To reduce Gas Furnace costs in Newark: Replace air filter every 3 months. Seal ductwork leaks. Upgrading to an ENERGY STAR model saves up to 15% on energy costs. Also check with PSE&G (Public Service Electric & Gas) for local energy efficiency rebates and programs.