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New Jersey Electric Rates

Compare New Jersey Electric Rates

Electric

In 1997, New Jersey’s Board of Public Utilities proposed an Energy Master Plan. This called for a competitive retail energy market to give all New Jersey residents and businesses the power to choose their electricity supplier by 2001.

The now deregulated New Jersey energy market is structured with 4 utilities: Atlantic City Electric (ACE), Jersey Central Power & Light (JCPL), Public Service Electric & Gas (PSEG) and Orange & Rockland. Customers of these utilities can now choose their electricity supplier.

Take advantage of this competitive market place, and let BidURenergy, Inc. help you choose a supplier.

It’s easy to save! Once you submit a bid request, our experienced market analysts can help! Using our state-of-the-art PowerPit™ platform, we’ll hold an auction for your company, and match you to the best supplier, and in almost no time you’ll be saving up to 25% on your energy bills.


Find out how to lower your energy rates in New Jersey.

Natural Gas

Natural gas is one of the most volatile commodities traded in financial markets. It is especially sensitive to global weather conditions, natural disasters (hurricanes, etc.), and the economy.

In the fall of 2005, a series of natural disasters around the world, including Hurricane Katrina and a typhoon in China, affected the price of natural gas immensely. As seen in 2008, the price of natural gas can spike to $13/MMBtu and then fall to ~$2/MMBtu in just a few years (2012).

Fortunately, the market for Natural Gas in New Jersey was deregulated in 1997—much like it was for electricity—allowing suppliers to compete for your business so you are better protected from experiencing uncertainty in the market. BUE consultants specialize in risk analysis and mitigation to protect your business while taking advantage of market opportunities.

Businesses residing in New Jersey can take advantage of this competitive marketplace. Now, more than ever, businesses can reduce the cost of manufacturing, heating, and any other process that uses Natural Gas.

It’s easy to save! Once you submit a bid request, our experienced market analysts can help! Using our state-of-the-art PowerPit™ platform, we’ll hold an auction for your company, and match you to the best supplier, and in almost no time you’ll be saving up to 25% on your energy bills.

Utility Name(s)

Electric

Atlantic City Electric
Jersey Central Power & Light
PSE&G

Gas

PSE&G
Elizabethtown Gas
New Jersey Natural Gas
South Jersey Gas