Smart Thermostat in Newark — $7/yr to Run (16.7¢/kWh)
Your smart thermostat in Newark costs about $1/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
$0.02
0.1 kWh/day
Monthly Cost
$0.61
4 kWh/mo
Annual Cost
$7
44 kWh/yr
Lifetime (10yr)
$73
energy only
Monthly Cost Breakdown in Newark
| Period | kWh | Newark Cost | National Avg | Difference |
|---|---|---|---|---|
| Daily | 0.1 | $0.02 | $0.02 | +$0.00 |
| Weekly | 0.8 | $0.14 | $0.11 | +$0.03 |
| Monthly | 3.6 | $0.61 | $0.47 | +$0.14 |
| Quarterly | 10.9 | $1.83 | $1.42 | +$0.41 |
| Annual | 43.8 | $7.31 | $5.69 | +$1.62 |
Customize Your Smart Thermostat Cost
Adjust usage hours and electricity rate to calculate your exact cost in Newark.
Daily
$0.02
Monthly
$0.61
Annual
$7
10-Year
$73
Energy Saving Tips for Smart Thermostat in Newark
- ✓Newark electricity rates are 28% above the national average — energy efficiency matters more here.
- ✓An ENERGY STAR Smart Thermostat in Newark saves ~$2/year compared to standard models.
- ✓A smart Smart Thermostat with scheduling optimization can save ~$2/year at Newark rates.
- ✓Enable learning features
- ✓Set schedules based on occupancy
- ✓Use geofencing
ENERGY STAR Savings: Upgrading to an ENERGY STAR Smart Thermostat in Newark saves approximately $2/year at local rates — $17 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
Smart Thermostat Cost in Other New Jersey Cities
| City | Rate | Annual Cost | vs Newark |
|---|---|---|---|
| Newark (current) | 16.7¢ | $7 | — |
| Jersey City | 19.5¢ | $9 | +$1 |
| Paterson | 16.6¢ | $7 | $-0 |
| Elizabeth | 17.2¢ | $8 | +$0 |
| Edison | 17.0¢ | $7 | +$0 |
| Lakewood | 15.5¢ | $7 | $-1 |
| Woodbridge | 16.3¢ | $7 | $-0 |
| Toms River | 14.0¢ | $6 | $-1 |
| Trenton | 19.8¢ | $9 | +$1 |
Smart Thermostat Energy Cost FAQ — Newark, NJ
Understanding Smart Thermostat 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 low-draw appliance like the Smart Thermostat (5W) at Newark's rate of 16.7¢/kWh costs approximately $7 per year — $2 more than the national average of $6.
Electricity in Newark is significantly more expensive than the national average — 28% higher. For a Smart Thermostat used 24 hours per day, this rate premium adds up to $2 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 Smart Thermostat's monthly cost of $0.61 represents a typical share of the average Newark electric bill of $119/month. Upgrading to an ENERGY STAR Smart Thermostat can cut energy use by up to 23%, saving approximately $2 per year at Newark rates.
Newark's moderate climate (avg 55.3°F) helps keep seasonal energy cost swings manageable for most appliances. A Smart Thermostat produces approximately 0.03 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 Smart Thermostat in Newark, NJ?
At Newark's average electricity rate of 16.7¢/kWh, a Smart Thermostat costs approximately $7 per year to run. That's about $0.61 per month with typical usage of 24 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 Smart Thermostat use per year?
A Smart Thermostat uses approximately 5 watts and consumes about 44 kWh per year with typical usage of 24 hours/day for 365 days/year.
Is a Smart Thermostat expensive to run in Newark?
Compared to the national average cost of $6/year, running a Smart Thermostat in Newark costs $2 more per year due to higher local electricity rates.
How can I reduce my Smart Thermostat energy cost in Newark?
To reduce Smart Thermostat costs in Newark: Enable learning features. Set schedules based on occupancy. Upgrading to an ENERGY STAR model saves up to 23% on energy costs. Also check with PSE&G (Public Service Electric & Gas) for local energy efficiency rebates and programs.