Trenton electricity customers have the ability to shop for low electric rates thanks to the restructuring of the New Jersey energy market. Other states, including Illinois and Connecticut, have had great success with electricity choice. New Jersey energy choice has resulted in cheaper electricity prices, a variety of product options, improved customer satisfaction ratings, and [...]
Competitive energy companies have finally started offering electric rate service to customers in southern New Jersey who are serviced by Atlantic City Electric. Electricity customers are shopping for lower electric rates and finding that alternative energy companies can offer prices that are far lower than the traditional Atlantic City Electric "Price to Compare" rates. Understanding [...]
Northern New Jersey electricity customers who are serviced by Rockland Electric are finding cheaper energy prices through the New Jersey Electricity Choice and Competition act. While the Rockland Electric Company is a relatively small utility company servicing just over 63,000 residential customers, it is currently one of the hottest electricity competitive markets due to high [...]
Now that competitive electric rates are yielding savings versus traditional utility default rates, more and more New Jersey residences are switching their electric companies in order to save money. As of July 2011, the NJ Board of Public Utilities reported that 8.6% of residential electricity customers have switched electric companies. If you have not looked [...]
The summer has certainly sparked competition among alternative electricity companies offering service in the PSEG service area. Savings versus the PSEG BGS rates - the default rate PSEG charges for electricity supply service to those customers who have not shopped for lower rates - are up to 17%. It is not surprising that competitive electric [...]
Small businesses can save money on their power bills by shopping for low priced competitive electricity rates. However, according to the New Jersey Board of Public Utilities, under 20% of small businesses electricity users (under 500 KW demand) have entered into power contracts with licensed electricity suppliers. When comparing electricity offers from licensed suppliers, business [...]
Electricity customers of Jersey Central Power and Light (JCPL) are seeing the best electricity rate offers since electric choice went into action in the state in 2003. As of January 1, 2011 only 7% of JCPL residential customers had switched off of the JCPL default rate for a lower electric supply rate resulting in a [...]
Electric choice in New Jersey is more robust today than in the past due to dozens of competitive electric suppliers entering the market over the last year. New Jersey electricity customers served by PSEG, JCPL, Atlantic City Electric, and Rockland Electric are being offered big savings between 10 and 20 percent off of utility default [...]