NJ ZIP CODE 07748 RENEWABLE ELECTRIC
PRICES
RENEWABLE PRICES remain at unprecedented highs (abnormal in almost 5 years of tracking)
JCP&L CUSTOMERS: This page rank orders lowest price 100% renewable electricity as of 2/15/2022 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 fixed in winter, and computed for each customer in summer, based upon actual electrical usage.
JCP&L "Price to Compare" is 9.954 cents/kwh, "winter" 10/1/2021 to 5/31/2022; (this rate will increase 1% after the Feb, 2022 NJ annual Wholesale electrical auction)..
Prices of all renewable vendors are at unprecedented height (in 5 years of tracking).
LOWEST COST STRATEGY:
Wait for a NJ "Community Solar" project. CHECK OUT (but dont enter your credit or debit card!) ARCADIA POWER's new program that claims it will match you to a Community Solar project (This might reduce your price ~10%, IF such a project is available - NJ will momentarily start a wide-spread program - watch for opportunities.)
WAIT FOR A FEW MONTHS. Check this table in 6 months for current prices. Always refresh your browser (click the little circular arrow n top left of the browser) to view the latest prices).
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 |
NEW: provides electric from ?US-wide? community solar projects |
|
claims savings up to 10%. To be verified. "Community Solar" will start to be widely available in the next few years. |
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| Verde Energy https://www.verdeenergy.com |
Green Choice | $100 Home Depot gift card (12 mo contract) | 11.79 (6mo) |
|
Clearview Energy |
ClearGreenGuarantee 100%“green” |
11.89 (6mo) 11.59 (12 mo) |
14.79 (6 mo) 12.59 (12mo) |
|
| 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 |
YEP Energy https://yepenergy.com Credo Energy https://www.credoenergy.com |
100% Green
|
13.43 (12 mo)
|
|
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| Direct Energy https://www.directenergy.com/nj/electricity-plans |
"Go Green Lights 24" | 12.89 (24 mo) |
||
CleanSky Energy https://CleanSkyEnergy.com (likely Texas-based)
|
Teaser rate: 9.95cents for 3 months; defaults to variable rate (if long term contract not chosen) | "100% Renewable clean" | 12.9 (9 mo) |
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https://www.Constellation.com *(e-certified Commercial RECs) Purchases RECs (renewable energy certificates) for U.S.-based wind equal to 100 % of the accounts' usage, "in addition to the mandatory" RPS in NJ (See footnote 1. |
BUNDLES AVAIL: 72c/therm gas - 81% GREATERthan NJNG 11.29c/kw 13% more expensive then JCPL |
"Green Elec" "100% wind- from US sources" offer code ROCKSTAR |
13.29 (12 mo) | |
| CleanChoice Energy formerly Ethical Electric http://cleanchoiceenergy.com |
enter offer code CleanOption75 to receive a $75 VISA® prepaid card |
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 |
13.2 (6 mo) | call for quote |
Ambit Energy *(e-certified Residential Renewable Electricity) |
Certified Green |
"Green" (North Central) |
11.96 cents/kw |
must enter business info |
Community Energy |
(previously marketed under NJ CleanPower Choice Program) |
|
|
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Sterling Planet *e-certified (Wholesale and Commercial RECs) |
(previously marketed under NJ Clean Power Choice Program | sells RECs |
||
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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
|
|
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Energy Plus |
EnergyPlus Green Option |
100% wind $25 rebate |
Quote requires "sign up" |
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| Liberty Power- sold asssets to DirectEnergy.com | ALL CONTRACTS TRANSFERRED TO DirectEnergy.com at no change to existing terms | |||
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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 |
*(e-certified), per independent audit;
**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 ; 9/17/2021 ; 11/29/2021 ; 2/15/l2022
compiled 2/26/2022 by S. Miller