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Summit Electricity Rates

Commercial Electricity in Summit

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

Residential Electricity in Summit

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

Industrial Electricity in Summit

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

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NJ Electricity

Summit, NJ Electricity Statistics

Commercial electricity rates in Summit


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


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


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

Summit, NJ Income Breakdown [4]


Income Summary for Summit, NJ


    • Household income: The city of Summit has a median household income of $250,001, versus $62,843 for the U.S.[4]
    • Compared to the U.S.: Median household income in Summit is approximately 298 percent greater than the median income for the entire United States.[4]
    • Poverty level: Approximately 3.9 percent of Summit 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: Summit vs. Nation [4]


Additional information about Summit

About Summit

Summit is a city located in Essex County in the state of New Jersey, and has a population of approximately 21,457.[6]

NJ Electricity

More about Summit utilities

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

Did you know?

The U.S. produces nearly half of its electricity from coal. In China, the percenttage is nearly three-fourths.

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

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