Finding Competitive New Jersey Energy Rates
The New Jersey energy rates market made a significant change back in 1999. When the Electric Discount and Energy Competition Act was enacted, residents and businesses across many areas of the state were given the opportunity to shop around for New Jersey energy rates from competitive suppliers.
NJ energy choice applies to both electricity rates and natural gas prices, so depending on where you call home, you may have a choice of both commodities. Embracing NJ energy choice means you can make third-party suppliers compete for your business by comparing offers and selecting the plan that fits your needs best.
Make the most of your NJ energy choice
Living or doing business in any of these utility's service areas means you have the opportunity to shop around for New Jersey energy rates from third-party suppliers:
- Atlantic City Electric
- Elizabethtown Gas
- Jersey Central Power and Light (JCP&L)
- New Jersey Natural Gas
- Orange and Rockland Electric
- Public Service Enterprise Group (PSE&G)
- South Jersey Gas
Selling isn't our only priority
While we are here to help everyone find great New Jersey energy rates, that's just part of what we do. Here at SaveOnEnergy.com® we pride ourselves on providing consumers in Jersey and elsewhere with all the tools they need to make the most of the opportunities they're provided.
Our team has created information to help you choose among New Jersey electricity providers and natural gas suppliers, understand your bills and learn new approaches to conserving energy, all located conveniently in our Learning Center.
Finding reliable New Jersey electricity providers
In 1999, the New Jersey electricity market was deregulated through the Electric Discount and Competition Act. The law essentially separated the supply and delivery of electricity and gave residents and businesses in NJ energy choice for the first time.
The four electric utilities in New Jersey (PSE&G, JCP&L, Atlantic City Electric and Rockland Electric) have service areas that are open to the NJ energy choice model. Customers with these utilities can shop around to find out which New Jersey electricity providers have the most competitive electricity rates.
The trick is to figure out how to compare New Jersey electricity rates. Each of the New Jersey electricity providers offers a different rate, diverse plans and varied customer service options. You just have to decide what options are important to you and compare New Jersey electricity providers based on those criteria. If saving money is a priority, search for the supplier with the lowest rate. If you're looking to support renewable energy, find a retailer that offers green energy plans. Or perhaps you want to lock in your New Jersey electricity rates for a long-contract term — just find the supplier that offers the term length you need.
Residents can also choose to stick with their utility, and continue to pay PSE&G electricity rates for example. Customers who don't shop for a retail supplier default to the local utility's Basic Generation Service. The PSE&G electricity rates and those of other utility's serving New Jersey are determined annually through auctions and regulated by the NJ Board of Public Utilities.
By spending a few minutes comparing retail suppliers in your area, you could find out who has the lowest New Jersey electricity rates. To use your NJ energy choice and select a competitive supplier in New Jersey, you simply have to make a phone call to switch. To stick with your utility, you don't have to do a thing.
Regardless of who has the cheapest New Jersey electricity rates, you will continue to work with your local utility, such as PSE&G. Electricity rates may change, but your utility is responsible for delivering your electricity supply and maintaining the power infrastructure. The main difference you will see if you switch is your supply rate charge will come from a supplier instead of the utility.
Find competitive natural gas prices in NJ
New Jersey has restructured the natural gas industry to give customers a chance to shop for lower natural gas rates as well. Since 2000, customers at PSE&G, New Jersey Natural Gas, South Jersey Gas and Elizabethtown Gas have been able to choose an alternative supplier for their natural gas.
If you live in one of these service areas, you can shop around for the best third-party energy supplier in NJ to provide your natural gas. You might discover that some retail natural gas providers offer lower rates than your utility currently provides. Compare offers today to see if you could save!
In addition to different rates, you could find that retail natural gas suppliers offer a wide range of options. When you have the opportunity to choose your own natural gas supplier, there is no reason to pay for anything but the best rates. Retail natural gas providers offer competitive rates because they have to stand out from the large pool of companies in the market. Take advantage of the deregulated market and shop for a new natural gas supply today. With any luck you'll end up with a lower natural gas bill each month!
If you don't choose a retail natural gas supplier, your utility will continue to purchase and provide a supply for you. It will charge a rate, which is regulated by the NJ Board of Utilities, and a fee for the delivery of the commodity. Those who choose a retail supplier will still receive delivery service from the utility, and will continue to pay a charge for that element of service.
No matter who you choose to buy energy from, your local utility will continue to respond to service interruptions and outages. You will still pay your utility for these services.
Important contact information for utilities in New Jersey
You may have the opportunity to shop for a retail supplier in New Jersey, but that doesn't mean you lose your relationship with your utility. It will continue to deliver energy to your home and provide maintenance on its energy infrastructure. If you notice a gas or electricity emergency, you will need to contact your utility so it can dispatch crews to fix the problem.
Atlantic City Electric
Customer service: 1-800-642-3780
Gas emergency: 1-800-492-4009
Customer service: 1-800-242-5830
Jersey Central Power and Light (JCP&L)
Customer service: 1-800-662-3115
New Jersey Natural Gas
Gas emergency: 1-800-427-5325
Customer service: 1-800-221-0051
Orange and Rockland Electric
Public Service Enterprise Group (PSEG)
South Jersey Gas
Gas emergency: 1-800-582-7060
Customer service: 1-888-766-9900