Deregulated Energy in New Jersey
Historically, electric utilities in every state held a monopoly over the energy market, regulating every step of the energy process from production to delivery to maintenance. In order to help New Jersey customers save money on their energy bills, as well as gain choice over their energy providers, the state passed energy deregulation legislation in 1999. Today, New Jersey energy customers benefit from a diverse array of deregulated energy plans and products.
Enter your ZIP code above to find a deregulated energy plan that fits your budget and needs.
Do I have to buy a deregulated energy plan?
If you own a home or business in New Jersey, you have the option to purchase a deregulated energy plan. While signing up for a deregulated energy plan is by no means required, many customers find that deregulated energy plans give them more stability and foresight into their monthly energy bills.
Deregulated energy suppliers also offer a range of plan types and products:
Variable-rate plans (AKA floating plans)
Green/Renewable energy plan
Renewable Energy Credits (RECs)
If you choose not to switch to a deregulated energy plan, your utility will continue to supply your electric or gas at a default rate; keep in mind, the default rate is likely to fluctuate with the natural rise and fall of energy prices. To find and compare low energy rates from national third-party suppliers, simply enter your ZIP code above.
Who provides my power?
Regardless of whether you sign up for a deregulated energy plan, your local utility will continue to provide safe and reliable electric or natural gas service to your home or business.
The only big change you’ll see with a deregulated plan is how much you’ll pay for your monthly energy bill – New Jersey energy customers often find themselves paying less with a deregulated energy plan than they were when the utility supplied their energy. Our partners at Choose Energy will help you find a high-quality selection of affordable rates and products, such as multi-year contracts and RECs.
If you experience a power outage or other emergency, contact your utility company immediately