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Comprehensive Local Electricity Guide

Red Bank Electricity Rates

Commercial Electricity in Red Bank

^ The average commercial electricity rate in Red Bank, NJ is 6.35¢/kWh.[1]

Residential Electricity in Red Bank

^ The average residential electricity rate in Red Bank, NJ is 12.6¢/kWh.[1]

Industrial Electricity in Red Bank

^ The average industrial electricity rate in Red Bank, NJ is 3.32¢/kWh.[1]

NJ Electricity

Red Bank, NJ Electricity Statistics

Commercial electricity rates in Red Bank


  • Commercial Electricity in Red Bank
    • The average commercial electricity rate in Red Bank is 6.35¢/kWh.[1]
    • This average (commercial) electricity rate in Red Bank is 50.31% less than the New Jersey average rate of 12.78¢/kWh.[2]
    • The average (commercial) electricity rate in Red Bank is 37.07% 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 Red Bank


  • Residential Electricity in Red Bank
    • The average residential electricity rate in Red Bank is 12.6¢/kWh.[1]
    • This average (residential) electricity rate in Red Bank is 20.15% less than the New Jersey average rate of 15.78¢/kWh.[2]
    • The average (residential) electricity rate in Red Bank is 6.06% 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 Red Bank


  • Industrial Electricity in Red Bank
    • The average industrial electricity rate in Red Bank is 3.32¢/kWh.[1]
    • This average (industrial) electricity rate in Red Bank is 68.44% less than the New Jersey average rate of 10.52¢/kWh.[2]
    • The average (industrial) electricity rate in Red Bank is 50.22% 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]

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 Red Bank, NJ

Red Bank, NJ Income Breakdown [4]


Income Summary for Red Bank, NJ


    • Household income: The city of Red Bank has a median household income of $118,130, versus $58,522 for the U.S.[4]
    • Compared to the U.S.: Median household income in Red Bank is approximately 102 percent greater than the median income for the entire United States.[4]
    • Poverty level: Approximately 7 percent of Red Bank 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: Red Bank vs. Nation [4]


Additional information about Red Bank

About Red Bank

Red Bank is a borough located in Monmouth County in the state of New Jersey, and has a population of approximately 12,206.[6]

NJ Electricity

More about Red Bank utilities

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

Did you know?

The world’s largest source for producing electricity is coal. Coal generates nearly half of the electricity in the U.S.

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