This article is perfect for you if your struggle to find an electric provider in New Jersey. After spending 2 weeks examining all options for my company, I finally decided on one. (I won’t tell you which one as your situation is different from mine so that you can choose your own.
1) All Electric companies are able to offer the same services in NJ. However, they bundle them differently. FirstEnergy offers a larger range of bundles that include environmentally friendly energy (including solar, wind, and biogas). These are also available by PSE&G. However you need to sign up separately. This can cause a higher cost for services that should be low-priced.
2) Utilities Pricing in New Jersey is expensive–everywhere. There are many ways to save. New Jersey’s average energy cost is 19 cents per kilowatt. This compares with the 11 cents nationwide. You should be careful about how much you use and how much you spend on service.
PSE&G, in collaboration with the New Jersey state government, is currently offering incentives for energy-efficient companies. Green Mountain Energy Company is one example of a smaller company that cannot offer these incentives. It is a good idea to inquire about incentives when calling for connection service. There are many companies who can offer you premium rates for creative energy reduction.
3) If you are concerned about the environment, consider a smaller firm.
New Jersey has many options regarding renewable energy. This is thanks to SRAC sales to New Jersey, tax rebates, and many other factors. PSE&G or FirstEnergy are the largest energy providers and have a close monopoly. This means that they don’t have any incentive to produce efficient energy sources. Green Mountain (renewable), PALMco Energy (“natural gas), one of the truly 0 emissions energy sources, or GDF Suez (retail clean energy), are some options.
4) If you are concerned about electricity rates rising (like I am), consider a fixed-rate rate plan.
Fixed-rate plans guarantee energy at a set price over a specified time period. This can be a huge money saver in the volatile energy sector. Maybe I’m paranoid from living through ENRON price monitoring (remember “Operation Death Star?”?) California in the late 90s. This was an important factor in my decision.
5) If your company is a commercial entity, choose an electric utility who specializes in businesses.
It doesn’t make sense to buy energy from one of the Big 2 companies, especially if you have a business that is highly dependent on electricity, such an IT datacenter. 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.