WattBuy’s Guide toElectricity in
Electricity in
Cherry Hill
New Jersey
New Jersey
Here's the average monthly bill, usage, and carbon footprint of residents in Cherry Hill
January
$159February
$142March
$131April
$124May
$117lowestJune
$191July
$275highestAugust
$236September
$165October
$119November
$121December
$153Carbon Emissions
441 lbs CO₂
Monthly Usage
988 kWh
Cherry Hill's energy comes from Nuclear, Natural Gas, and Solar. Nuclear is the largest source of electricity, providing 48% of Cherry Hill's energy. Natural Gas is the second largest source, making up 46%. Solar provides 6% of the energy in Cherry Hill.
48%
Nuclear
46%
Natural Gas
6%
Solar
Solar power is on the rise, helping homeowners save on their electricity bills and power their homes sustainably.
918 kWh
Energy generated by average sized system
$16,693
Average system cost
(after federal incentive)
9 years
Payback period
Net metering policies in Cherry Hill can help solar panel owners save money and reduce their carbon footprint. When your solar panels generate more electricity than you use, you can send the excess back to the grid and receive credit on your next bill. Just something to keep in mind when considering solar panels.
| incentive | savings | utility | |
| Clothes Dryers | $100 | PSEG New Jersey | See Details |
| Clothes Washers | $100 | PSEG New Jersey | See Details |
| Refrigerators (purchase) | $75 | PSEG New Jersey | See Details |
| Refrigerators (purchase) | $50 | PSEG New Jersey | See Details |
| Clothes Washers | $50 | PSEG New Jersey | See Details |
| Clothes Dryers | $300 | PSEG New Jersey | See Details |
| Clothes Dryers | $200 | PSEG New Jersey | See Details |
| Heat Pump Water Heaters | $1,000 | PSEG New Jersey | See Details |
There are a variety of electricity plans available to residents of Cherry Hill. The following companies provide electricity plans in the city:
PSEG has several different electricity rates for residential customers, as shown in the table below.
| Rate Name | Rate Type | Cost Per kWh |
| RHS - Residential Heating Service | Fixed | 3¢ to 7¢ |
| RS - Residential Service | Fixed | 18¢ to 20¢ |
| WHS - Water Heating Storage Service (CLOSED Rate) | Fixed | 1¢ to 7¢ |
| RHS - Residential Heating Service | Fixed | 13¢ to 18¢ |
| WHS - Water Heating Storage Service (CLOSED Rate) | Fixed | 1¢ |
| RS - Residential Service | Fixed | 5¢ to 6¢ |
The price to compare for PSEG is 8.09¢. Rates are based on an estimated usage of 988 kWh per month.Update usage.
| Provider | Plan | Rate Per kWh | Plan Length | ||
|---|---|---|---|---|---|
| Verde Energy | Clean Power 12 cheapestcheapest renewablecheapest 12 months | 14.49¢ | 12 months | Choose Plan | |
| Constellation Energy | 36 Month Home Power Plan cheapest 13+ months | 15.19¢ | 36 months | Choose Plan | |
| Direct Energy | Live Brighter™ 12 | 15.29¢ | 12 months | Choose Plan | |
| Constellation Energy | 18 Month Home Power Plan | 15.29¢ | 18 months | Choose Plan | |
| Energy Harbor | Safe Harbor 18 | 15.59¢ | 18 months | Choose Plan | |
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