New jersey has had a deregulated energy market for many years now allowing residents and businesses to switch to any of the different nj electric suppliers and save money on your energy bills.
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Today new jersey energy customers benefit from a diverse array of deregulated energy plans and products.
Before deregulation the supply and delivery of energy were combined into one cost.
For over a decade now the deregulated energy market in new jersey has seen a lot of success and saved residents and.
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In order to help new jersey customers save money on their energy bills as well as gain choice over their energy providers the state passed energy deregulation legislation in 1999.
If you choose to shop for energy it is important that you only compare prices of licensed electric and natural gas third party suppliers.
Listed below are the third party electric suppliers licensed by the new jersey board of public utilities to sell within the service areas of each of the state s four electric distribution utilities and a similar list of natu.
The united states launched the energy policy act in 1992 to ensure residents and businesses had the power to choose their energy 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.
Under new jersey s energy deregulation law the supply portion of your electric or natural gas bill is separate from the delivery portion.
New jersey residents tend to be more energy efficient with the 12th lowest energy usage in the country averaging 690 kwh per month.
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Hundreds of thousands of new jersey customers have switched suppliers and continue to switch to competitive nj electric or gas suppliers saving hundreds.
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.
Because new jersey residents tend to be more energy efficient they rank in the bottom half for average electricity bill at 106 28 per month.
In late 1990s new jersey deregulated its energy market and separated supply and delivery charges.
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