Average Heating Bill in New Jersey → Somerset County
$475/mo
$2,847/year
$1.42/sq ft (oil heat, 2,000 sq ft home)
| Fuel | Local Price | Cost/MMBTU | Annual Cost | Monthly (Heating) |
|---|---|---|---|---|
| Natural Gas Cheapest | $1.37/therm | $15 | $1,077 | $179 |
| Heat Pump | $0.23/kWh | $23 | $1,650 | $275 |
| Heating Oil | $4.59/gallon | $39 | $2,847 | $475 |
| Electric Baseboard | $0.23/kWh | $68 | $4,950 | $825 |
Cheapest option for this area
Natural Gas
$1,077/year estimated — saving $1,770/year vs heating oil
Average monthly heating costs during the October–March season for a 2,000 sq ft home in Somerset County:
Based on a 2,000 sq ft home with 85% oil furnace efficiency, COP 3.0 heat pump, NOAA 30-year normal heating degree days (5,216 HDD for Somerset County), and current EIA state-average energy rates. Oil prices reflect local median from 9 tracked suppliers.
Data updated 2026-06-02.
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If you're staying with oil heat, compare local suppliers to find the best price. The spread in Somerset County can be $0.50–$1.00/gallon.
Median: $4.59/gal · 9 suppliers reporting prices
Compare Somerset County Suppliers →