Water Heater (Tank Electric) in Newark — $823/yr to Run (16.7¢/kWh)
Your water heater (tank electric) in Newark costs about $69/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
$2.25
13.5 kWh/day
Monthly Cost
$68.57
411 kWh/mo
Annual Cost
$823
4,928 kWh/yr
Lifetime (12yr)
$9,875
energy only
Monthly Cost Breakdown in Newark
| Period | kWh | Newark Cost | National Avg | Difference |
|---|---|---|---|---|
| Daily | 13.5 | $2.25 | $1.76 | +$0.50 |
| Weekly | 94.5 | $15.78 | $12.29 | +$3.50 |
| Monthly | 410.6 | $68.57 | $53.38 | +$15.19 |
| Quarterly | 1231.9 | $205.72 | $160.14 | +$45.58 |
| Annual | 4927.5 | $822.89 | $640.58 | +$182.32 |
Customize Your Water Heater (Tank Electric) Cost
Adjust usage hours and electricity rate to calculate your exact cost in Newark.
Daily
$2.25
Monthly
$68.57
Annual
$823
12-Year
$9,875
Energy Saving Tips for Water Heater (Tank Electric) in Newark
- ✓Newark electricity rates are 28% above the national average — energy efficiency matters more here.
- ✓An ENERGY STAR Water Heater (Tank Electric) in Newark saves ~$NaN/year compared to standard models.
- ✓A smart Water Heater (Tank Electric) with scheduling optimization can save ~$41/year at Newark rates.
- ✓Lower temperature to 120F
- ✓Insulate tank with blanket
- ✓Drain sediment twice yearly
ENERGY STAR Savings: Upgrading to an ENERGY STAR Water Heater (Tank Electric) in Newark saves approximately $NaN/year at local rates — $NaN 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
Heat Pump
HVAC · 2,400W
$641/yr
$53.44/mo
Hot Tub / Spa
Pool & Spa · 3,000W
$601/yr
$50.10/mo
Water Heater (Tank Electric) Cost in Other New Jersey Cities
| City | Rate | Annual Cost | vs Newark |
|---|---|---|---|
| Newark (current) | 16.7¢ | $823 | — |
| Jersey City | 19.5¢ | $960 | +$137 |
| Paterson | 16.6¢ | $816 | $-7 |
| Elizabeth | 17.2¢ | $848 | +$25 |
| Edison | 17.0¢ | $839 | +$16 |
| Lakewood | 15.5¢ | $763 | $-60 |
| Woodbridge | 16.3¢ | $804 | $-19 |
| Toms River | 14.0¢ | $690 | $-133 |
| Trenton | 19.8¢ | $978 | +$155 |
Water Heater (Tank Electric) Energy Cost FAQ — Newark, NJ
Understanding Water Heater (Tank Electric) 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 Water Heater (Tank Electric) (4,500W) at Newark's rate of 16.7¢/kWh costs approximately $823 per year — $182 more than the national average of $641.
Electricity in Newark is significantly more expensive than the national average — 28% higher. For a Water Heater (Tank Electric) used 3 hours per day, this rate premium adds up to $182 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 Water Heater (Tank Electric)'s monthly cost of $68.57 represents a typical share of the average Newark electric bill of $119/month. Upgrading to an ENERGY STAR Water Heater (Tank Electric) can cut energy use by up to undefined%, saving approximately $NaN per year at Newark rates.
Newark's moderate climate (avg 55.3°F) helps keep seasonal energy cost swings manageable for most appliances. A Water Heater (Tank Electric) produces approximately 3.5 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 Water Heater (Tank Electric) in Newark, NJ?
At Newark's average electricity rate of 16.7¢/kWh, a Water Heater (Tank Electric) costs approximately $823 per year to run. That's about $68.57 per month with typical usage of 3 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 Water Heater (Tank Electric) use per year?
A Water Heater (Tank Electric) uses approximately 4,500 watts and consumes about 4,928 kWh per year with typical usage of 3 hours/day for 365 days/year.
Is a Water Heater (Tank Electric) expensive to run in Newark?
Compared to the national average cost of $641/year, running a Water Heater (Tank Electric) in Newark costs $182 more per year due to higher local electricity rates.
How can I reduce my Water Heater (Tank Electric) energy cost in Newark?
To reduce Water Heater (Tank Electric) costs in Newark: Lower temperature to 120F. Insulate tank with blanket. Upgrading to an ENERGY STAR model saves up to undefined% on energy costs. Also check with PSE&G (Public Service Electric & Gas) for local energy efficiency rebates and programs.