This article will help you if you have ever had difficulty choosing an electric service provider for New Jersey. After a 2 week process of evaluating all options, I settled on one. I won’t reveal which one because your situation will be different so you can make your own decision.
1) All Electric companies in NJ offer the same services. But they bundle them differently. FirstEnergy has a wider range of bundles available for environmentally-friendly energy, including wind, solar and biogas. These services are also offered by PSE&G, but you must sign up separately for them. This can increase the price of something that should be reasonably priced.
2) Utilities Pricing in New Jersey is expensive–everywhere. There are still ways to save.
New Jersey’s average cost of energy is 19 cents per kilowatt, while the national average is 11 cents. It is important to be aware of your usage and your budget when it comes to service.
PSE&G and the New Jersey government are currently working together to provide incentives for those who use less energy. These incentives are not available to smaller companies like Green Mountain Energy Company. When you call for connect service, be sure to ask about incentives. There are currently many companies that offer premium rates for exchage to creative energy reduction solutions.
3) Choose a smaller company if the environment is important to you.
New Jersey has many options for renewable energy thanks to tax rebates and SRAC sales to state. Because they hold a near monopoly of the market, large energy providers, such as FirstEnergy and PSE&G, don’t have much incentive to provide highly efficient energy sources. Green Mountain (renewable), PALMco Energy for natural gas (one of the most efficient energy sources), and GDF SUEZ retail clean energy are my recommendations.
4) Choose a fixed-rate plan if you believe electricity rates will rise (like me).
Fixed-rate energy plans ensure a fixed price for energy for a period of time. These plans can help you save a lot of money in volatile energy price sectors. Maybe I’m paranoid after experiencing the ENRON price gauging (“Operation Death Star”)? This was my main factor in deciding to move to California in the late 1990s.
5) Choose an electric utility that specializes on businesses if you are a commercial entity.
If you’re buying energy for your company, there is no reason to stick with one of these Big 2. Especially if you have an energy-intensive business such as an IT data centre, you don’t need to choose one of the Big 2. Check out Hess Corp–they supply major industrial customers, and might be able to get you bulk discounts on your energy on Electrician fort Greene Brooklyn NY.