Nj Electric Rates

The average for residential electricity price and the commercial electricity price are provided on a monthly basis.

Nj electric rates.

Compare electricity prices in new jersey and save on energy today. Shop new jersey electricity rates atlantic city electric electricity rates. Atlantic city electric serves 550 000 electricity customers throughout southern new jersey. New jersey electric rates.

In late 1990s new jersey deregulated its energy market and separated supply and delivery charges. Energy deregulation gives customers the freedom to choose a default new jersey electric company or third party electric supplier. Since then residents of new jersey have the power to choose an energy service company and save on the supply portion of their bill. 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.

Residential electricity rates in new jersey average 15 78 kwh which ranks the state 7th in the nation. Compare nj electric 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. Below are average electricity rates for new jersey as published by the energy information administration a part of the department of energy of the united states government.

You can also enter your zip code at any time to compare rates in your area instantly. Compare nj natural gas rates. 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. Keep reading to learn everything you need to know about new jersey electricity rates.

Residential electricity rates in nj. Over 1 million new jersey residents already took advantage of the lower rates offered by the alternative suppliers. Overview of new jersey s competitive electricity and gas market. New jersey electricity rates can vary widely depending on which retailer you choose.