This article is perfect for you if your struggle to choose an electric service provider in New Jersey. I’ve spent 2 weeks researching the various options for my company and have finally decided on one. (I won’t name which one as your situation is different, so you will have to decide for yourself.
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 services are also available by PSE&G. However you need to sign up for each service separately. This can cause a premium to be charged on something that should have a low price.
2) Utilities Pricing in New Jersey is expensive–everywhere. There are many ways to save.
New Jersey is charged 19 cents for a kilowatt of energy, compared to 11 cents in the rest of the nation. 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 to companies that use less energy. 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 in exchange for creative energy reduction strategies.
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 most environmentally-friendly 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 is a good way to save money 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 purchase energy from the Big 2 when you do not need it. This is especially true if your business is power-intensive, 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.