Residential electricity prices in Cape May, NJ in October 2024 averaged approximately 19.58 cents per kilowatthour (¢/kWh), which was about 16% more than the national average rate of 16.94 ¢/kWh (October 2024). [1]
→ Electricity rates listed as zero are not currently available.
See how electricity costs in Cape May differ from the average electricity costs for the U.S. overall. [1]
On a year-over-year basis - from September 2023 to September 2024 - residential electricity prices in Cape May increased approximately 8%, from 17.97 ¢/kWh to 19.32 ¢/kWh. [1]
→ Electricity rates listed as zero are not currently available.
Residential natural gas prices in Cape May in September 2024 averaged 15.78 dollars per thousand cubic feet ($/Mcf), which was approximately 31% less than the national average rate of 22.74 $/Mcf (September 2024). [2]
→ Natural gas prices listed as zero are not currently available.
See the chart below to see a comparison of Cape May natural gas prices against U.S. average prices. Compare Cape May natural gas costs to overall U.S. average costs. [2]
On a year-over-year basis, residential natural gas prices in Cape May (New Jersey) decreased approximately 2%, from 17.22 $/Mcf (August 2023) to 16.92 $/Mcf (August 2024). [2]
→ Natural gas prices listed as zero are not currently available.
The city of Cape May (New Jersey) has an average annual solar radiation value of 5.03 kilowatt hours per square meter per day (kWh/m2/day). Compare Cape May 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 Cape May solar radiation levels against other areas in the U.S. Compare Cape May 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 city of Cape May, NJ in Cape May County has an approximate population of 3,607. [4]
To learn more about utility rates & usage in Cape May, NJ, or for other information related to utilities in Cape May, visit the U.S. Energy Information Administration.
The solar energy that strikes our planet in a single hour could provide all of the Earth's energy needs for one year.
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