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Comprehensive Local Electricity Guide

Pennington Electricity Rates

Commercial Electricity in Pennington

^ The average commercial electricity rate in Pennington, NJ is 7.38¢/kWh.[1]

Residential Electricity in Pennington

^ The average residential electricity rate in Pennington, NJ is 14.88¢/kWh.[1]

Industrial Electricity in Pennington

^ The average industrial electricity rate in Pennington, NJ is 4.74¢/kWh.[1]

NJ Electricity

Pennington, NJ Electricity Statistics

Commercial electricity rates in Pennington


  • Commercial Electricity in Pennington
    • The average commercial electricity rate in Pennington is 7.38¢/kWh.[1]
    • This average (commercial) electricity rate in Pennington is 42.25% less than the New Jersey average rate of 12.78¢/kWh.[2]
    • The average (commercial) electricity rate in Pennington is 26.86% less than the national average rate of 10.09¢/kWh. Commercial rates in the U.S. range from 6.86¢/kWh to 34.88¢/kWh.[2]

Residential electricity rates in Pennington


  • Residential Electricity in Pennington
    • The average residential electricity rate in Pennington is 14.88¢/kWh.[1]
    • This average (residential) electricity rate in Pennington is 5.7% less than the New Jersey average rate of 15.78¢/kWh.[2]
    • The average (residential) electricity rate in Pennington is 25.25% greater than the national average rate of 11.88¢/kWh. Residential rates in the U.S. range from 8.37¢/kWh to 37.34¢/kWh.[2]

Industrial electricity rates in Pennington


  • Industrial Electricity in Pennington
    • The average industrial electricity rate in Pennington is 4.74¢/kWh.[1]
    • This average (industrial) electricity rate in Pennington is 54.94% less than the New Jersey average rate of 10.52¢/kWh.[2]
    • The average (industrial) electricity rate in Pennington is 28.94% less than the national average rate of 6.67¢/kWh. Industrial rates in the U.S. range from 4.13¢/kWh to 30.82¢/kWh.[2]
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New Jersey Electricity Rates & Consumption

Commercial electricity in New Jersey


  • Commercial electricity rates in NJ [3]
    • The average commercial electricity rate in New Jersey is 12.78¢/kWh, which ranks 9th in the nation and is 26.66% greater than the national average rate of 10.09¢/kWh.[3]
  • Commercial electricity consumption in NJ [3]
    • Commercial electricity consumption in New Jersey averages 6,521 kWh/month, which ranks 17th in the nation and is 4.54% greater than the national average of 6,238 kWh/month.
  • Commercial electricity bills in NJ [3]
    • The average monthly commercial electricity bill in New Jersey is $833, which ranks 6th in the nation and is 32.43% greater than the national average of $629.
  • electricity Learn more about commercial electricity in New Jersey

Residential electricity in New Jersey


  • Residential electricity rates in New Jersey [3]
    • The average residential electricity rate in New Jersey is 15.78¢/kWh, which ranks 7th in the nation and is 32.83% greater than the national average rate of 11.88¢/kWh.
  • Residential electricity consumption in NJ [3]
    • Residential electricity consumption in New Jersey averages 691 kWh/month, which ranks 40th in the nation and is
  • Residential electricity bills in NJ [3]
    • The average monthly residential electricity bill in New Jersey is $109, which ranks 17th in the nation and is 1.87% greater than the national average of $107 per month.
  • electricity Learn more about residential electricity in New Jersey

Industrial electricity in New Jersey


  • Industrial electricity rates in New Jersey [3]
    • The average industrial electricity rate in New Jersey is 10.52¢/kWh, which ranks 7th in the nation and is 57.72% greater than the national average rate of 6.67¢/kWh.
  • Industrial electricity consumption in NJ [3]
    • Industrial electricity consumption in New Jersey averages 50,818 kWh/month, which ranks 42nd in the nation and is 54.69% less than the national average of 112,158 kWh/month.
  • Industrial electricity bills in NJ [3]
    • The average monthly industrial electricity bill in New Jersey is $5,344, which ranks 36th in the nation and is 28.58% less than the national average of $7,483.
  • electricity Learn more about industrial electricity in New Jersey

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Household Income in Pennington, NJ

Pennington, NJ Income Breakdown [4]


Income Summary for Pennington, NJ


    • Household income: The city of Pennington has a median household income of $129,268, versus $58,522 for the U.S.[4]
    • Compared to the U.S.: Median household income in Pennington is approximately 121 percent greater than the median income for the entire United States.[4]
    • Poverty level: Approximately 12 percent of Pennington households have incomes below poverty level.[4]
    • Electric bills: The average residential electricity bill in New Jersey is about $109/month, ranking 17th in the U.S. and 1.87% greater than the national average of $107.[5]

Income: Pennington vs. Nation [4]


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Additional information about Pennington

About Pennington

Pennington is a borough located in Mercer County in the state of New Jersey, and has a population of approximately 2,585.[6]

NJ Electricity

More about Pennington utilities

For more information about Pennington electricity, or for additional resources regarding electricity & utilities in your state, visit the Energy Information Administration.

Did you know?

Electricity rates in Hawaii are typically more than three times the national average rate.

Additional Cities in NJ

References

1. ^ National Renewable Energy Laboratory

2. ^ U.S. Department of Energy

3. ^ U.S. Energy Information Administration (2012)

4. ^ United States Census Bureau

5. ^ U.S. Energy Information Administration

6. ^ United States Census Bureau