NJ ZIP CODE 07748 RENEWABLE ELECTRIC PRICES (3/3/2023)
RENEWABLE REC PRICES remain high for last 2 years (abnormal in nearly 6 years of tracking)
RECOMMENDATION: subscribe to a NJ "Community Solar" project to save up to 21%
SEE DIRECTIONS BELOW

JCP&L CUSTOMERS: This page rank orders lowest price 100% renewable electricity RECs (Renewable Energy Certificates) as of 3/3/2023. Prices remain high,per data in table for 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 9.4 cents/kwh, "winter" 9/1/2022 to 5/31/2023; and ~9 cents/kwh "summer" 6/1/2023-9/1/2023 (depending upon usage)
Prices of RECs from all renewable vendors remain unprecedented height for last 2 years (in 6 years of tracking).

RECOMMENDATION:
DO NOT USE this table of REC suppliers. Instead, subscribe to the growing number of NJ "Community Solar" projects which offer up to 21% lower prices than "price to compare".

TO LOCATE NEARBY COMMUNITY SOLAR, USE THE OFFICIAL NJ BPU PORTAL (this will be updated frequently as solar arrays are completed in NJ)

Other search engines: https://communitysolar.energysage.com/, or solarlandscape (building 54 NJ Community Solar projects).
https://www.arcadia.com/for-homes (linked to solarlandscape and energysage) will match you to a NJ Community Solar project. Arcadia has taken over sales/billing/accounting for an increasing number of the 105 "year 2" projects in NJ)

IF YOU STILL WANT TO BUY RECs: The EPA recommends buying RECs from 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
Cents/kwh
(# months in contract)

BUSINESS
Cents/kwh
(# months in contract)

ArcadiaPower
https://arcadiapower.com ;click for review: Arcadia uses "Arc" to monitor data from 125 utilities- 80% of US electric accounts. This might give advantage in early identification of Community Solar opportunities

NEW: handles marketing/billings for solarlandscape and energysage

 

claims savings 10% to 21%. "Community Solar" is starting to be widely available in NJ

 
Verde Energy
https://www.verdeenergy.com
Green Choice $100 Home Depot gift card (12 mo contract)


10.99 (12 mo)

 

Clearview Energy no answer on URL
https://clearviewenergy.com

ClearGreenGuarantee
100%“green”

 

"ClearGuarantee12"

18.89 (6mo)
19.39 (12 mo)
18.49 (12 mo, asof 9/19/2022)
17.69 (6 mo)
18.19 (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  


must enter personal data for quote)

 

Tomorrow Energy https://tomorrowenergy.com/
offers gas@$1.149/therm; includes "100% carbon offset" NJNG BGS is $0.3753/therm as of 8/24/2020 )

100% wind - 4 trees planted per year

EarthCare 12 (4 trees planted) 100% wind

EarthCare24

 

13.06 (12 mo)

 

 

Green Mountain Energy
*(e-certified- Wholesale RECs and Commercial RECs)

https://Greenmountainenergy.com

"Pollution Free"

100% wind


solar

13.00 (12 mo)

13.97 (12 mo)

 

YEP Energy https://yepenergy.com

Credo Energy https://www.credoenergy.com
switched to USG&E
www.usgande.com

100% Green

11.56 (12 mo)
11.40 (18 mo)




Direct Energy
https://www.directenergy.com/nj/electricity-plans (took over assets of Liberty Power)
  "Go Green Lights 24"

13.49 (24 mo)

13.39 (30 mo)

 

CleanSky Energy https://CleanSkyEnergy.com

(likely Texas-based)

 

 

wind
ultra clean solar

12.8 (12 mo)
12.9 (24 mo)

 

https://www.Constellation.com *(e-certified Commercial RECs)
(acquired Agera Energy assets***)

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.

    ?  
CleanChoice Energy
formerly Ethical Electric
http://cleanchoiceenergy.com

 

100% wind and solar (from PJM region)

10.2(3 mo)- ; then changes to unknown variable rate). Offers 12 month fixed rate (undefined)

 

SmartEnergy electricity

https://smartenergy.com

RECs purchased for wind, solar, hydro, geo within the U.S. $100 gift card
13.3 (6 mo) call for quote

Ambit Energy *(e-certified Residential Renewable Electricity)

Https://Ww2.ambitenergy.com

Certified Green

"Green" (North Central)

19.9 cents/kw
(VARIABLE RATE)

must enter business info

Community Energy
https://www.communityenergyinc.com/products/new-jersey Future candidate for "Community Solar" projects

(previously marketed under NJ CleanPower Choice Program)

 



         

Sterling Planet *e-certified (Wholesale and Commercial RECs)
https://sterlingplanet.com

(previously marketed under NJ Clean Power Choice Program  

sells RECs
and sells carbon offset for travel

 

Viridian Energy

http://viridian.com

gas is 39.21c/therm 12 mo 25% carbon offsets
gas is 38.81 c/therm 24 mo 25% carbon offsets
NJNG BGS is 37.53c/therm, as of 8/24/2020

RPS+50% renewable green energy (72% renewable with 22% current RPS)

 

no longer enrolling new customers

 

 

Energy Plus

http://Energypluscompany.com

EnergyPlus Green Option

100% wind

$25 rebate
+3% credit

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

1. According to page 2 of the constellation.com electric contract, the NJ Renewable Portfolio Standard (RPS) currently requires NJ to purchase RECs equivalent to 22% of total NJ electrical consumption. (The RPS increases yearly, to 50% in 2030). Hence, a NJ subscriber, to ANY 3rd party renewable supplier, would currently have 122% of annual electricity usage offset by RECs. 

*(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)

  More complete explanation

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; 2/26/2022; 6/8/2022

compiled 3/3/2023 by S. Miller