Heating Cost in New Jersey → Somerset County

Estimated Heating Costs in Somerset County, New Jersey

How much does it cost to heat a home in Somerset County? Here's a breakdown by fuel type, using real local prices and 5,216 heating degree days for Somerset County.

Estimates are for a typical 2,000 sq ft home. Use the calculator for your exact ZIP code.

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Heating Cost Comparison — Somerset County

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

Oil price: $4.59/gal (local median). Electricity: $0.23/kWh (New Jersey avg). Gas: $1.37/therm (New Jersey avg). HDD: 5,216. Estimates for a 2,000 sq ft home.
Prices updated: 2026-06-03. Prices may differ from real-time calculator.

Heat Pump Payback in Somerset County

At local electricity rates ($0.23/kWh) and oil prices ($4.59/gal), switching from oil to a heat pump would pay for itself in approximately 9.2 years (based on average installation cost of $11,000). Federal tax credits and state rebates can reduce this significantly.

Estimated Monthly Heating Bill — Somerset County

During the heating season (October–March), a typical 2,000 sq ft home in Somerset County costs approximately:

Staying With Oil? Get the Best Price

If you're staying with oil heat, the biggest savings come from comparing local suppliers. The spread between cheapest and most expensive in Somerset County can be $0.50–$1.00/gallon — that's $250–$500/year on the same fuel.

Current Oil Prices in Somerset County

Median: $4.59/gal · 9 suppliers reporting prices

Compare Somerset County Suppliers →

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