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New Jersey

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The New Jersey Electric Scene

Any electric or gas customer in New Jersey is eligible to compare energy prices and change their electric supplier, but those with higher usage may have an even greater incentive to do so.  Commercial and industrial customers with peak loads of 750 kilowatts or more are subject to a retail margin of one-half cent per kilowatt hour if they continue to buy their electric supplies from their utility.

Finding the Right Fit

You can save money in this new energy economy by investigating an alternative provider in your area. Here are a few questions you should ask about each contract you consider:

  • What rate is the company offering?
  • Will that rate change from month to month?
  • How long is the contract?
  • Does the company offer a bonus for signing up with them?
  • Where does the energy come from? (E.g., oil or wind?)

Signing up with a new provider won’t endanger your electricity supply. Your power comes across the same wires, and receives the same protections and guarantees as it did before. (I.e., you’re not at risk of sudden blackouts when your new company turns out to be unreliable). is also ready and able to provide you with more specific information based on where in the state you get your power.

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