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How much does it cost to charge an EV at home in New Jersey?

New Jersey residential electricity rates average around 16 to 18 cents per kilowatt-hour. Most EVs use approximately 3 to 4 miles of range per kWh. A full charge for a vehicle with a 75 kWh battery costs roughly $12 to $14 at average NJ rates. Compared to filling a gas tank, most EV owners save $100 to $200 per month on fuel alone, depending on their driving habits and the vehicle they replaced.

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