Cost to Run a Electric Water Heater in New Jersey
New Jersey's average residential electricity rate is 23.3¢/kWh as of May 2026 — the 39th cheapest in the country, 27% above the U.S. average. At typical usage (2.9 hours/day), a electric water heater here costs $92.44 per month.
Per hour
$1.05
at 3,500–5,500 W
Per day
$3.04
2.9 hours/day
Per month
$92.44
397 kWh
Per year
$1,110
4,763 kWh
By usage level in New Jersey
| Usage | Per day | Per month | Per year |
|---|---|---|---|
| Light (1.45 hrs/day) | $1.52 | $46.22 | $555 |
| Typical (2.9 hrs/day) | $3.04 | $92.44 | $1,110 |
| Heavy (5.8 hrs/day) | $6.08 | $185 | $2,220 |
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 23.3¢/kWh (May 2026), a electric water heater with typical usage costs about $3.04 per day, $92.44 per month, or $1,110 per year.
Is running a electric water heater in New Jersey more expensive than average?
Yes. New Jersey's electricity costs about 27% more than the U.S. average, so the same usage costs $92.44 per month here versus $73.00 nationally.
What does electricity cost in New Jersey right now?
New Jersey residents pay an average of 23.3¢ per kWh as of May 2026 — the 39th cheapest rate of the 51 U.S. jurisdictions we track.