Sussex Rural Electric Cooperative Electricity Rate: $0.15/kWh
Sussex Rural Electric Cooperative currently charges $0.15 per kilowatt-hour for residential electricity in New Jersey. That's 8% below the national average of $0.17/kWh, costing the typical household about $1,663 per year.
Current Rate
$0.15/kWh
Annual Cost
$1,663
vs National
-8%
Solar Savings
$54k
What This Means for Your Electric Bill
At $0.15/kWh, a typical New Jersey household using 900 kWh per month pays approximately $139/month or $1,663/year for electricity alone.
With solar, an 8kW system producing approximately 9,600 kWh annually could offset $1,478/year in electricity costs. Over 25 years with 3% annual rate increases, total savings reach an estimated $53,901.
Solar Savings Calculator for Sussex Rural Electric Cooperative
See how much solar could save you at Sussex Rural Electric Cooperative's current rate of $0.15/kWh.
$1,478
16.0 yr
$50,986
62%
Based on Sussex Rural Electric Cooperative rate of $0.15/kWh, 1,200 kWh/kW annual production, $2.95/W system cost ($23,600 total), no federal tax credit (Section 25D expired Dec 2025), 3% annual rate escalation, 0.4% panel degradation. Cash purchase assumed.
Heat Pump Operating Cost on Sussex Rural Electric Cooperative
At $0.15/kWh, here is what a cold-climate heat pump costs to run annually in NJ compared to natural gas.
$955/yr
~6,200 kWh/year
$1,800/yr
NJ average household
$845/yr
47% less than natural gas
Heat pump estimate assumes COP 3.0 cold-climate unit, typical NJ heating/cooling load.Natural Gas cost based on EIA state-average residential prices. Actual costs vary by home size, insulation, and climate zone.
Tired of Paying $0.15/kWh?
Sussex Rural Electric Cooperative customers can lock in solar savings today. Get a personalized estimate based on your actual roof and usage.
Related Resources