Heating Cost in New Jersey → Mercer County
How much does it cost to heat a home in Mercer County? Here's a breakdown by fuel type, using real local prices and 4,955 heating degree days for Mercer County.
Estimates are for a typical 2,000 sq ft home. Use the calculator for your exact ZIP code.
↑ Oil prices in Mercer County are up 14.3% over the past 6 weeks. View current oil prices.
| Fuel | Local Price | Cost/MMBTU | Annual Cost | Monthly (Heating) |
|---|---|---|---|---|
| Natural Gas Cheapest | $1.40/therm | $15 | $1,047 | $175 |
| Heat Pump | $0.24/kWh | $23 | $1,595 | $266 |
| Heating Oil | $4.57/gallon | $39 | $2,693 | $449 |
| Electric Baseboard | $0.24/kWh | $69 | $4,784 | $797 |
Cheapest option for this area
Natural Gas
$1,047/year estimated — saving $1,646/year vs heating oil
Oil price: $4.57/gal (local median). Electricity: $0.24/kWh (New Jersey avg). Gas: $1.40/therm (New Jersey avg). HDD: 4,955. Estimates for a 2,000 sq ft home.
Prices updated: 2026-07-21. Prices may differ from real-time calculator.
At local electricity rates ($0.24/kWh) and oil prices ($4.57/gal), switching from oil to a heat pump would pay for itself in approximately 10 years (based on average installation cost of $11,000). Federal tax credits and state rebates can reduce this significantly.
During the heating season (October–March), a typical 2,000 sq ft home in Mercer County costs approximately:
If you're staying with oil heat, the biggest savings come from comparing local suppliers. The spread between cheapest and most expensive in Mercer County can be $0.50–$1.00/gallon — that's $250–$500/year on the same fuel.
Median: $4.57/gal · 3 suppliers reporting prices
Compare Mercer County Suppliers →We'll email you when local heating oil prices drop to your target — no spam, only price drops.