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Updated: March 2026

Market Guide

Commercial Building Energy Requirements in Newark

Utility rates, compliance regulations, and benchmarking requirements for commercial real estate in Newark, New Jersey.

Average Commercial Utility Rates

$0.17Electric Rate
$1.15Gas Rate

Rising

Up 8% YoY; PSE&G infrastructure investment and energy efficiency riders

Energy Regulations & Compliance

NJ Clean Energy Act Benchmarking

Active

State-level mandated benchmarking for large commercial buildings under NJ Clean Energy Act.

25,000 sqft

October 1 annually

Up to $500 per day

Compliance Timeline

October 1 annually

NJ Clean Energy Act Benchmarking - 25,000 sqft

Utility Providers

⚡

PSE&G

Electric & Gas

Benchmarking Requirements

✓

Benchmarking is required

25,000 sqft

October 1 annually

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