Residential electricity prices in 08873 in August 2024 averaged approximately 20.67 cents per kilowatthour (¢/kWh), which was about 24% more than the national average rate of 16.63 ¢/kWh (August 2024). [1]
→ Electricity rates listed as zero are not currently available.
See how electricity costs in 08873 differ from the average electricity costs for the U.S. overall. [1]
On a year-over-year basis - from July 2023 to July 2024 - residential electricity prices in 08873 increased approximately 12%, from 18.42 ¢/kWh to 20.72 ¢/kWh. [1]
→ Electricity rates listed as zero are not currently available.
Residential natural gas prices in 08873 in August 2024 averaged 16.92 dollars per thousand cubic feet ($/Mcf), which was approximately 28% less than the national average rate of 23.40 $/Mcf (August 2024). [2]
→ Natural gas prices listed as zero are not currently available.
See the chart below to see a comparison of Somerset natural gas prices against U.S. average prices. Compare 08873 (Somerset, NJ) natural gas costs to overall U.S. average costs. [2]
On a year-over-year basis, residential natural gas prices in Somerset (New Jersey) increased approximately 2%, from 16.40 $/Mcf (July 2023) to 16.80 $/Mcf (July 2024). [2]
→ Natural gas prices listed as zero are not currently available.
The ZIP code of 08873 (Somerset, NJ) has an average annual solar radiation value of 4.93 kilowatt hours per square meter per day (kWh/m2/day). Compare Somerset 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 Somerset solar radiation levels against other areas in the U.S. Compare Somerset 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 08873 is associated with the city of Somerset, NJ in Somerset County. [4]
To learn more about utility rates & usage in 08873, or for other information related to utilities in New Jersey, visit the U.S. Energy Information Administration.
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