New Jersey opened its electricity market to competition in 1999, unbundling the supply portion of customer bills from delivery services. Utilities such as Public Service Electric & Gas (PSE&G), Jersey Central Power & Light, Atlantic City Electric and Rockland Electric continue to deliver power and maintain the poles and wires, while businesses can shop among dozens of licensed third party suppliers for the generation portion of their bill. Although only about 20% of New Jersey consumers have switched suppliers, the competitive market gives commercial and industrial customers the ability to lock in lower prices, choose renewable energy packages and tailor contract terms to their needs.
New Jersey opened its electricity market to competition in 1999, unbundling the supply portion of customer bills from delivery services. Utilities such as Public Service Electric & Gas (PSE&G), Jersey Central Power & Light, Atlantic City Electric and Rockland Electric continue to deliver power and maintain the poles and wires, while businesses can shop among dozens of licensed third-party suppliers for the generation portion of their bill. Although only about 20% of New Jersey consumers have switched suppliers, the competitive market gives commercial and industrial customers the ability to lock in lower prices, choose renewable energy packages and tailor contract terms to their needs.
New Jersey opened its electricity market to competition in 1999, unbundling the supply portion of customer bills from delivery services. Utilities such as Public Service Electric & Gas (PSE&G), Jersey Central Power & Light, Atlantic City Electric and Rockland Electric continue to deliver power and maintain the poles and wires, while businesses can shop among dozens of licensed third party suppliers for the generation portion of their bill. Although only about 20% of New Jersey consumers have switched suppliers, the competitive market gives commercial and industrial customers the ability to lock in lower prices, choose renewable energy packages and tailor contract terms to their needs.
By comparing supplier offers, companies can negotiate fixed or variable rates and select product terms that manage risk and support sustainability goals. Suppliers also offer value-added services such as demand-response programs, load management tools and personalized account support to help customers optimise energy use. Regardless of the supplier chosen, businesses can further reduce their utility bills by investing in efficiency improvements like LED lighting, building automation systems, HVAC upgrades and insulation. Programs offered through New Jersey’s Clean Energy Program provide rebates and incentives for these projects, helping organizations cut consumption and maintain long-term savings.
Electricity Rates in New Jersey
The State of New Jersey energy deregulation allows NJ energy suppliers the option to offer cheaper New Jersey electric rates for business and homes. Compare the PSEG utility costs to electric suppliers in NJ see the % savings with lower utility bills which comes from the supplier cost per kWh in New Jersey is cheaper then utility price. How do you switch suppliers in New Jersey electric with shopping NJ energy supply find the lowest rates.
New Jersey Electric Rates
New Jersey Electricity Rates
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New Jersey - Atlantic City Electric (A subsidiary of Pepco), Public Service Electric and Gas Company (PSE&G), Northeast Utilities, FirstEnergy, Jersey Central Power and Light Company (A subsidiary of GPU Energy, which is a subsidiary of GPU; all of which is now part of FirstEnergy), Vineland Municipal Electric Utility(New Jersey's sole municipal utility), Sussex Rural Electric Cooperative (New Jersey's sole Electric Cooperative)
PSEG - 800-436-7734
Atlantic City Electric 1-800-642-3780
The State of New Jersey Public Utility information
