Electricity Rate
24.20¢/kWh
0.93¢ above the New Jersey average
Natural Gas Rate
$1.22/therm
per therm
Avg Electric Bill
$132
per month
Avg Gas Bill
$94
per month
Gas & Electricity in Waterford Township, New Jersey
Waterford Township residents in New Jersey receive electric service through PSE&G (Public Service Electric and Gas) and natural gas distribution from PSE&G. New Jersey's energy assistance programs, including LIHEAP and weatherization, are available to income-qualified Waterford Township households.
Compared to the New Jersey state average of 23.27¢/kWh/kWh, Waterford Township's electricity rate of 24.20¢/kWh is 0.93¢ above the New Jersey average. As New Jersey is a deregulated market, Waterford Township residents can shop for competitive electricity suppliers to potentially reduce their supply rate.
Electric Utility in Waterford Township
- PSE&G (Public Service Electric and Gas)
- Jersey Central Power & Light (JCP&L)
- Atlantic City Electric
- Rockland Electric
Natural Gas Utility in Waterford Township
- PSE&G
- South Jersey Gas
- New Jersey Natural Gas
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Waterford Township vs New Jersey Energy Rates
| Metric | Waterford Township | New Jersey Average | US Average |
|---|---|---|---|
| Electric Rate (¢/kWh) | 24.20¢ | 23.27¢ | 16.00¢ |
| Gas Rate ($/therm) | $1.22 | $1.27 | $1.47 |
| Monthly Electric Bill | $132 | $127 | $117 |
| Monthly Gas Bill | $94 | $98 | $73 |
Energy Assistance Programs for Waterford Township Residents
As a New Jersey city, Waterford Township residents can access the following state and local assistance programs:
- Universal Service Fund (USF)
- NJ SHARES
- Comfort Partners
- Home Performance with ENERGY STAR
Energy-Saving Tips for Waterford Township Residents
- Insulate your attic to at least R-49 to reduce winter heat loss by up to 15%.
- Install a programmable thermostat and set it to 68°F while home, 60°F while sleeping or away.
- Seal air leaks around windows and doors before the heating season to cut drafts.
- Schedule an annual furnace tune-up every fall to maintain peak efficiency.
- Use heavy drapes on north-facing windows during winter to reduce cold air infiltration.
FAQ — Gas & Electricity in Waterford Township, New Jersey
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The average residential electricity rate in Waterford Township is approximately 24.20¢/kWh per kWh. The average household pays around $132 per month for electricity.
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Natural gas customers in Waterford Township pay an average of $94 per month. The rate is approximately $1.22/therm per therm.
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Electricity in Waterford Township is distributed by PSE&G (Public Service Electric and Gas) and Jersey Central Power & Light (JCP&L). Contact your provider at your local service address to confirm which utility serves your home.
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Waterford Township natural gas service is provided by PSE&G and South Jersey Gas. Call them directly for new service connections or to report a gas leak.
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Waterford Township's electricity rate of 24.20¢/kWh is above the New Jersey state average of 23.27¢/kWh. Urban areas often have higher distribution costs.
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To start electric service in Waterford Township, contact PSE&G (Public Service Electric and Gas) and Jersey Central Power & Light (JCP&L). For gas service, contact PSE&G and South Jersey Gas. You'll typically need a photo ID, your new address, and a move-in date. Service can usually be established within 1-3 business days.