Residential electricity prices in 07962 in April 2025 averaged approximately 20.16 cents per kilowatthour (¢/kWh), which was about 16% more than the national average rate of 17.45 ¢/kWh (April 2025). [1]
→ Electricity rates listed as zero are not currently available.
See how electricity costs in 07962 differ from the average electricity costs for the U.S. overall. [1]
On a year-over-year basis - from March 2024 to March 2025 - residential electricity prices in 07962 increased approximately 10%, from 18.06 ¢/kWh to 19.88 ¢/kWh. [1]
→ Electricity rates listed as zero are not currently available.
Residential natural gas prices in 07962 in April 2025 averaged 13.50 dollars per thousand cubic feet ($/Mcf), which was approximately 7% less than the national average rate of 14.57 $/Mcf (April 2025). [2]
→ Natural gas prices listed as zero are not currently available.
See the chart below to see a comparison of Morristown natural gas prices against U.S. average prices. Compare 07962 (Morristown, NJ) natural gas costs to overall U.S. average costs. [2]
On a year-over-year basis, residential natural gas prices in Morristown (New Jersey) increased approximately 7%, from 12.17 $/Mcf (March 2024) to 13.07 $/Mcf (March 2025). [2]
→ Natural gas prices listed as zero are not currently available.
The ZIP code of 07962 (Morristown, NJ) has an average annual solar radiation value of 4.86 kilowatt hours per square meter per day (kWh/m2/day). Compare Morristown values to both low and high values in the U.S. overall: [3]
→ Solar radiation values listed as zero are not currently available.
See the chart below for a comparison of Morristown solar radiation levels against other areas in the U.S. Compare Morristown levels against both 1) low average solar radition levels (WA) and also 2) high average solar radiation levels (NV). [3]
→ k/m/d: kilowatt hours per square meter per day.
→ Solar radiation values listed as zero are not currently available.
Households in the United States have benefited from falling energy prices in recent years, which has driven down the cost of living.
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Penn State researchers recently examined microgrids and discovered that they may not always be a wise economic move for communities.
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Through the analysis of publicly available data filed by electricity suppliers, the CT OCC discovered that electricity customers overpaid by $58 million in 2015.
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The ZIP code 07962 is associated with the city of Morristown, NJ in Morris County. [4]
To learn more about utility rates & usage in 07962, or for other information related to utilities in New Jersey, visit the U.S. Energy Information Administration.
Nuclear energy sources provided more than 20 percent of United States electricity in 2011.
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