New Jersey (NJ) Residential Power Analysis
How Much Does It Cost to Run a Level 2 EV Charger (240V / 40A NEMA 14-50) in New Jersey?
In New Jersey, running a Level 2 EV Charger (240V / 40A NEMA 14-50) (9600W) costs an estimated $3.64 per day or $110.67 per month, based on the current average residential electricity rate of 18.95¢ per kWh.
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Hourly Cost $1.819 Per operating hour
Daily Cost $3.64 Based on 2h/day usage
Monthly Cost $110.67 ~584 kWh per month
Annual Cost $1328.02 Total yearly electric impact
How New Jersey's Rates Compare to the U.S. National Average
The average residential electricity rate in New Jersey is 18.95¢/kWh, which is 18.4% higher than the national benchmark of 16.0¢/kWh.
In New Jersey $110.67 / month
U.S. National Average $93.44 / month
Because electricity costs in New Jersey are above average, reducing the daily duty cycle or upgrading to an Energy Star certified model yields substantial annual savings.
Interactive Tool v2
Level 2 EV Charger (240V / 40A NEMA 14-50) Power & Outage Calculator
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