NJ ZIP CODE 07748 RENEWABLE ELECTRIC
PRICES
RENEWABLE PRICES ARE unprecedented high (in almost 5 years of tracking)
JCP&L CUSTOMERS: This page rank orders lowest price 100% renewable electricity as of 11/29/2021 in zipcode
07748.
The NJ Board of Public Utilities (BPU) provides guidance, and a list of licensed 3rd party electrical suppliers.
Prices are in cents per kilowatt-hours, and should be
compared to JCP&L "Price to Compare" explained in the left “Messages” column of your JCP&L bill. This "Price to Compare" is computed for each customer, based upon actual electrical usage.
JCP&L "Price to Compare" is 9.6520 cents/kwh, "winter" 10/1/2021 to 5/31/2022; (this rate WILL increase after the Feb, 2022 auction. Natural gas price may double; JCP&L electricity is generated from ~50% natural gas; prices are averaged over 3 years. Hence, "Price to Compare" may increase 17%)
Prices of all renewable vendors are unprecedented high (in 4 years of tracking) LOWEST COST STRATEGY: select ArcadiaPower (will cost $5/month ABOVE what you pay to JCP&L- contract terms TBD). At the end of a contract, look locally for available NJ "Community Solar", which might save about 10% of your current JCP&L bill.. If community Solar is NOT available, then check this list for the lowest 30 month contract at that time (refresh your browser to view the current file).
The EPA recommends buying only third - party certified and verified green power sources, identified here
Limited experience suggests that a consumer can receive a discount from these published web site rates by phoning for lowest price.
PSEG CUSTOMERS: your PSEG electricity is more than 2cents/kwh higher, and these suppliers are ALSO more than 2cents/kwh higher. Check the supplier for pricing.
|
COMPANY |
PLAN NAME |
RESOURCE MIX |
RESIDENCE |
BUSINESS Cents/kwh (# months in contract) |
ArcadiaPower |
Buys RECs from available renewable suppliers (appears to be NO DIFFERENT than suppliers, below) | 100% clean
|
$5/month for clean and renewable energy (0.6 cents/kwh for 800KWh/mo) |
|
| Verde Energy https://www.verdeenergy.com |
Green Choice | $100 Home Depot gift card (12 mo contract) | 13.79 (6mo) |
|
| https://get.inspirecleanenergy.com/plans "Prices will be adjusted and are subject to change based on your address and personal energy usage" | Inspire Fixed 12 | 11.69 (12 mo) |
||
Tomorrow Energy https://tomorrowenergy.com/ |
100% wind - 4 trees planted per year | EarthCare 12 EarthCare24
|
12.14 (12 mo) 12.14 (24 mo) |
|
Green Mountain Energy |
"Pollution Free" |
100% wind |
12.80 (12 mo) |
must complete form to get quote |
Clearview Energy |
ClearGreenGuarantee 100%“green” |
16.19 (6mo) 13.59 (12 mo) |
10.29 (6 mo) 10.49 (12mo) |
|
| https://www.Constellation.com *(e-certified Commercial RECs) (acquired Agera Energy assets***) |
BUNDLES AVAIL: 90c/therm gas - MUCH HIGHER that NJNG | "Green Elec"
|
13.689 (12 mo) |
|
YEP Energy |
12/18 month fixed Patriot Plan |
100% renewable
|
13.00 (12 mo)
|
|
Credo Energy |
Energy Rewards promocode Triple50 |
100% wind no early Term. fee |
13.59 (12mo) |
signup reqd for quote |
| Direct Energy https://www.directenergy.com/nj/electricity-plans |
"Go Green Lights 24" | 12.99 (24 mo) |
||
| CleanChoice Energy formerly Ethical Electric http://cleanchoiceenergy.com |
|
100% wind and solar (from PJM region) |
|
|
SmartEnergy electricity https://smartenergy.com |
RECs purchased for wind, solar, hydro, geo within the U.S. | $100 gift card |
18.90 (6 mo) | call for quote |
Ambit Energy *(e-certified Residential Renewable Electricity) |
Certified Green |
"Green" (North Central) |
10.91 cents/kw |
must enter business info |
Community Energy |
(previously marketed under NJ CleanPower Choice Program) |
|
|
|
Sterling Planet *e-certified (Wholesale and Commercial RECs) |
(previously marketed under NJ Clean Power Choice Program | sells RECs |
||
|
Viridian Energy gas is 39.21c/therm 12 mo 25% carbon offsets |
RPS+50% renewable green energy (72% renewable with 22% current RPS) |
|
no longer enrolling new customers
|
|
|
Energy Plus |
EnergyPlus Green Option |
100% wind $25 rebate |
Quote requires "sign up" |
|
| Liberty Power- sold asssets to DirectEnergy.com | ALL CONTRACTS TRANSFERRED TO DirectEnergy.com at no change to existing terms | |||
|
SFE Energy http://www.sfeenergy.com/ 1-877-316-6344 |
SFE Green Electricity Program |
Various carbon reductions, incl landfill gas |
Must call or “chat” on website |
Must call or chat on website |
**Illinois sued liberty Power telemarketing for ripping off consumers (making fradulent claims of price savings)
https://patch.com/illinois/across-il/illinois-attorney-general-sues-shut-down-liberty-power-scam (2/19/2020)
In April, 2021, Liberty Power filed for chapter 11 reorganization because of absorbing extraordinary charges in the Texas freeze;
Aprox 11/2021, all Liberty Power contracts were transferred to DirectEnergy.com (contract terms were unchanged).
***Constellation acquired agera assets
https://www.businesswire.com/news/home/20191004005323/en/Agera-Energy-LLC-Files-Chapter-11-Protection
BACK TO OVERVIEW:http://www.electric.smiller.org
Some suppliers may meet Green-e Energy Certification: https://www.green-e.org explanation
A good overall guide to purchasing electricity: http://www.nj.gov/bpu/residential/
Energy selection sites (no selection site is complete, but the quotes include fossil fuel suppliers which you must steer away from; instead, select "green" suppliers)
EPA video on RECs - the currency of renewable energy
RESIDENTIAL (ROOFTOP) SOLAR SELECTION GUIDE (June, 2018); Q&A (2021); join "Solar United Neighbors of New Jersey" coop for lowest price solar
ARCHIVE OF PRICES: 3/25/2017 ; 6/12/2017 ; 7/7/2017 : 10/8/2017 ; 1/25/2018 ; 3/18/2018; 5/24/2018; 9/21/2018; 11/17/2018 ; 2/9/2019 ; 5/15/2019 ; 9/21/2019 : 12/12/2019 ; 2/15/2020 ; 8/26/2020 ; 11/13/2020 ; 6/22/2021 ;
compiled 9/17/2021 by S. Miller