Nj Electric Rates

Since then residents of new jersey have the power to choose an energy service company and save on the supply portion of their bill.

Nj electric rates.

The average commercial electricity rate in new jersey is 12 08 kwh compared to the us national average of 10 27 cents per kilowatt hour. New jersey electricity rates can vary widely depending on which retailer you choose. Perhaps the high average energy costs were the reason why new jersey deregulated its retail sector in 1999 with the electric discount and energy competition act edeca and gave the residents choice in the. Residential electricity rates in new jersey average 15 78 kwh which ranks the state 7th in the nation.

New jersey offers a variety of plans including fixed rate which offers the same supply rate throughout the year and variable plans with the potential for different seasonal rates. The average residential electricity rate of 15 78 kwh in nj is 32 83 greater than the national average residential rate of 11 88 kwh. Compare nj electric rates. Keep reading to learn everything you need to know about new jersey electricity rates.

Residential electricity rates in nj. The average for residential electricity price and the commercial electricity price are provided on a monthly basis. Energy deregulation gives customers the freedom to choose a default new jersey electric company or third party electric supplier. Shop new jersey electricity rates atlantic city electric electricity rates.

In the late 1990 s new jersey passed legislation to open up the energy industry to competitive energy suppliers and provide new jersey electricity and gas customers with a choice of who they use for their energy supply. Compare electricity rates in new jersey admin 2018 07 14t19 36 02 00 00 atlantic city electric the atlantic city electric ace utility company serves 482 138 residential customers in south new jersey. Compare nj natural gas rates. Atlantic city electric serves 550 000 electricity customers throughout southern new jersey.

New jersey electric rates. You can also enter your zip code at any time to compare rates in your area instantly. Overview of new jersey s competitive electricity and gas market. Compare electricity prices in new jersey and save on energy today.