NJ ZIP CODE 07748 RENEWABLE ELECTRIC
PRICES
RENEWABLE REC PRICES remain high for last 4 years (higher than previous 4 years)
below is a small sample of 3rd party renewable vendors
STRONG RECOMMENDATION: INSTEAD of using this list, subscribe to a NJ "Community Solar" project to save 15% to 35%
JCP&L CUSTOMERS: This page samples a few prices as of 5/17/2025. Prices remain high.
The NJ Board of Public Utilities (BPU) provides guidance, and a list of licensed 3rd party electrical suppliers. INSTEAD: CLICK TO SUBSCRIBE TO NJ BPU-SPONSORED COMMUNITY SOLAR (new sites are constantly added and others are closed to newcomers; ; subscribe to the site nearest your home/business)
Prices are in cents per kilowatt-hours, and should be
compared to JCP&L "Price to Compare" explained in your JCP&L bill. This "Price to Compare" is fixed in winter, and computed for each customer in summer, based upon actual electrical usage.
TO LOCATE NEARBY COMMUNITY SOLAR, USE THE OFFICIAL NJ BPU PORTAL (this will be updated as solar arrays are completed in NJ)
Other search engines: https://communitysolar.energysage.com/, or solarlandscape (building 54 NJ Community Solar projects).
(linked to solarlandscape and energysage) will match you to a NJ Community Solar project.
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 |
|
| Verde Energy https://www.verdeenergy.com |
Green Choice | $100 Home Depot gift card (12 mo contract) | 13.59 (3 mo) |
|
Clearview Energy no answer on URL |
ClearGreenGuarantee 100%“green” |
"ClearGuarantee12" |
15.89 (24 mo) 16.99 (12 mo, |
|
| Inspire Holdings | Inspire Fixed 12 | 14.99 (6 mo) 15.99 (12 mo) |
According to an old constellation.com electric contract, a NJ subscriber, to ANY 3rd party renewable supplier, would offset 100% of their annual electricity usage offset. The NJ supplier would be OVERSUBSCRIBED by the current NJ mandated RPS (Renewable Portfolio Standard) percentage. For instance, in 2025, the NJ Renewable Portfolio Standard (RPS) requires NJ to purchase RECs equivalent to 35% of total NJ electrical consumption. (The RPS increases yearly, to 50% in 2030). Hence, a 2025 subscriber to 3rd party clean electricity will then have 135% of their electrical bill devoted to procuring renewable electricity.
Return to OVERVIEW:https://www.electric.smiller.org
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)