Location: Newark, NJ 07106
With a population of over 270,000 residents, Newark is the largest city in New Jersey. Located just 8 miles west of Manhattan, it is also the 2nd largest city in the New York metro area. New Jersey deregulated their energy market in the late 1990s to bring price competition to the state. However, only about 20% of NJ residents have switched off their utility to a retail energy provider. Below you will find more information on Newark’s energy market including the residential usage, energy sources, electricity rates, and solar potential.
Check Out Our Latest Video on New Jersey Energy Usage
Solar Score for Newark, NJ 07106
Compare Electricity has developed a solar score for Newark, NJ residents and businesses of 34/100. The score is based on on a combination of factors including how much sun the area receives, roof space and obstacles that may obstruct the sun, electricity generation needed to be cost-effective, and more. Here is a description of each section of the solar score graph:
- Red = “Not Viable” meaning a solar installation would not be cost-effective.
- Yellow = “Viable” meaning a solar installation would pay for itself over time.
- Green = “Very Viable” meaning a solar installation would pay for itself quickly and has large savings potential.
Sources for Newark, NJ 07106
Newark, NJ produces energy from a variety of sources. Here are the state’s current energy sources and energy production trends.
- Over 90% of the energy produced in from natural gas or nuclear energy
- 75% of the renewable energy produced comes from solar
- Even though there are no fossil fuels in Newark, coal is imported from other states
- Natural gas has out produced nuclear energy since 2013
Looking for a specific city in New Jersey? Check out our featured cities below for more specific energy usage information.
Compare Electricity is dedicated to keeping you current and up to date with industry leading research. View all the latest news, articles and videos for your location below: