Heat pump Electricity Cost in New Jersey — $138.78/month (2026)
New Jersey monthly
$138.78
U.S. average monthly
$107.87
Difference
+$30.91
← Heat pump (all states) · New Jersey electricity rate
Quick rate
Daily cost
$4.63
Monthly cost
$138.78
+$0.00 vs typical
Yearly cost
$1688.49
kWh / month
600.0 kWh
Local monthly estimate: $138.78 · U.S. average equivalent: $107.87
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ad-after-calculator Quick answer
Running a typical heat pump in New Jersey costs about $4.63/day or $138.78/month at roughly $0.231/kWh, assuming 8 hours of use per day at 2500 W. The U.S. average rate is about $0.180/kWh, so New Jersey is roughly 29% higher than average for this estimate.
vs U.S. average
Local rate (New Jersey)
$0.231/kWh
Monthly estimate: $138.78
U.S. average rate
$0.180/kWh
Monthly estimate: $107.87
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ad-after-state-table FAQ
- Most heat pump units fall between 1500 W and 4000 W, with 2500 W as a typical value for estimates.
- Our calculator uses 2500 W as the typical wattage, within a reported range of 1500–4000 W.
- At 8 hours/day and 2500 W, the estimate is about 20.00 kWh per day.
- Using 8 hours/day, the estimate is about 600.0 kWh per month.
- Per hour, heat pump uses about 2.500 kWh (at 2500 W).
- At typical use (2500 W and 8 hours/day), the estimate is about $4.63/day at roughly $0.231/kWh.
- At typical use (2500 W and 8 hours/day), the estimate is about $138.78/month at roughly $0.231/kWh.
- Running for one hour at 2500 W costs about $0.578 per hour (using the New Jersey rate of about $0.231/kWh).
- For typical use, the calculator estimates about $138.78/month for heat pump in New Jersey.
- At the typical New Jersey residential rate, the estimate is about 600.0 kWh per month, which corresponds to roughly $138.78/month for heat pump.
- Compared to the U.S. average, New Jersey is about 29% higher for this estimate. Monthly cost is about $138.78 in New Jersey vs $107.87 at the national average.
- Start with practical steps from our tips list (e.g., Seal air leaks and improve insulation to reduce run-time.). Smaller changes reduce kWh usage, which reduces the bill at your local rate.
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Est. monthly at New Jersey rate ($0.231/kWh)