Cost to Run a Electric Water Heater in New Jersey
New Jersey's average residential electricity rate is 23.5¢/kWh as of April 2026 — the 40th cheapest in the country, 25% above the U.S. average. At typical usage (2.9 hours/day), a electric water heater here costs $93.23 per month.
Per hour
$1.06
at 3,500–5,500 W
Per day
$3.07
2.9 hours/day
Per month
$93.23
397 kWh
Per year
$1,119
4,763 kWh
By usage level in New Jersey
| Usage | Per day | Per month | Per year |
|---|---|---|---|
| Light (1.45 hrs/day) | $1.53 | $46.61 | $560 |
| Typical (2.9 hrs/day) | $3.07 | $93.23 | $1,119 |
| Heavy (5.8 hrs/day) | $6.13 | $186 | $2,239 |
New Jersey vs. the rest of the country
Monthly cost at typical usage.
Frequently asked questions
How much does it cost to run a electric water heater in New Jersey?
At New Jersey's current average residential rate of 23.5¢/kWh (April 2026), a electric water heater with typical usage costs about $3.07 per day, $93.23 per month, or $1,119 per year.
Is running a electric water heater in New Jersey more expensive than average?
Yes. New Jersey's electricity costs about 25% more than the U.S. average, so the same usage costs $93.23 per month here versus $74.58 nationally.
What does electricity cost in New Jersey right now?
New Jersey residents pay an average of 23.5¢ per kWh as of April 2026 — the 40th cheapest rate of the 51 U.S. jurisdictions we track.