Electricity data about ZIP Code 07940, which is associated with Madison, NJ in Morris County. Learn various electricity statistics and other data about ZIP Code 07940 in the United States. View residential, industrial and commercial electricity rates in 07940 to those in New Jersey and also in the U.S. as a whole. In addition, compare historical electricity usage in this Morris County region.
View the charts and tables below for a snapshot of how electricity rates in ZIP Code 07940 (Madison, NJ) compare to rates in New Jersey and to the U.S. overall.
The average residential electricity rate in ZIP Code 07940 of 20.68¢/kWh is lower than the average residential rate in the state of New Jersey overall.
ZIP Code 07940 vs. New Jersey
New Jersey's average residential electricity rate of 22.98¢/kWh is approximately 11% higher than the 20.68¢/kWh 07940 average rate.
ZIP Code 07940 vs. the U.S.
Additionally, the average residential electricity rate of 17.24¢/kWh in the U.S. overall is an estimated 17% lower than the average residential rate in 07940.
See the table below for a comparison of residential, commercial, and industrial electricity rates in ZIP Code 07940, New Jersey, and also in the U.S. as a whole.
| Region | Residential | Commercial | Industrial |
|---|---|---|---|
| ZIP Code 07940 | 20.68¢/kWh | 15.29¢/kWh | 10.52¢/kWh |
| New Jersey | 22.98¢/kWh | 16.13¢/kWh | 13.95¢/kWh |
| United States | 17.24¢/kWh | 13.63¢/kWh | 8.53¢/kWh |
View the charts and tables below for electricity usage estimates and comparisons for ZIP Code 07940. See how this Morris County region compares to other regions in New Jersey.
This chart visualized the estimated monthly electricity usage rates in ZIP Code 07940 versus the average electricity usage a ZIP Code in New Jersey.
MkWh: Million Kilowatt-hours| Month | ZIP Code 07940 | Average NJ ZIP | New Jersey |
|---|---|---|---|
| Jan 2025 | 8.92 MkWh | 124.17 MkWh | 2732 MkWh |
| Feb 2025 | 7.32 MkWh | 101.86 MkWh | 2241 MkWh |
| Mar 2025 | 6.6 MkWh | 91.83 MkWh | 2020 MkWh |
| Apr 2025 | 5.85 MkWh | 81.45 MkWh | 1792 MkWh |
| May 2025 | 6.21 MkWh | 86.45 MkWh | 1902 MkWh |
| Jun 2025 | 10.28 MkWh | 143.12 MkWh | 3149 MkWh |
| Jul 2025 | 13.93 MkWh | 193.89 MkWh | 4266 MkWh |
| Aug 2025 | 10.28 MkWh | 143.13 MkWh | 3149 MkWh |
| Sep 2025 | 7.68 MkWh | 106.89 MkWh | 2351 MkWh |
| Oct 2025 | 5.99 MkWh | 83.31 MkWh | 1833 MkWh |
| Nov 2025 | 6.38 MkWh | 88.74 MkWh | 1952 MkWh |
| Dec 2025 | 8.72 MkWh | 121.33 MkWh | 2669 MkWh |
The ZIP Code of 07940 is connected to Madison, NJ in Morris County. This New Jersey region currently has an approximate population of 17,523 residents and an estimated 5,589 total housing units contributing to overall electricity usage statistics in this locality.
* Local 07940 electricity data referenced here (rates and usage) obtained from loquol.
