{"id":330,"date":"2021-06-16T06:13:49","date_gmt":"2021-06-16T11:13:49","guid":{"rendered":"http:\/\/www.njenergyratings.com\/blog\/?p=330"},"modified":"2021-06-15T14:21:53","modified_gmt":"2021-06-15T19:21:53","slug":"what-are-the-cheapest-electric-rates-in-south-jersey","status":"publish","type":"post","link":"https:\/\/www.njenergyratings.com\/blog\/what-are-the-cheapest-electric-rates-in-south-jersey\/","title":{"rendered":"What Are The Cheapest Electric Rates In South Jersey?"},"content":{"rendered":"<figure id=\"attachment_337\" aria-describedby=\"caption-attachment-337\" style=\"width: 300px\" class=\"wp-caption alignright\"><img loading=\"lazy\" class=\"wp-image-337 size-medium\" src=\"https:\/\/www.njenergyratings.com\/blog\/wp-content\/uploads\/2021\/06\/iStock-835635064-300x200.jpg\" alt=\"Look out for uncertain energy prices this summer. shop and lock in the cheapest electric rates for your home now!\" width=\"300\" height=\"200\" srcset=\"https:\/\/www.njenergyratings.com\/blog\/wp-content\/uploads\/2021\/06\/iStock-835635064-300x200.jpg 300w, https:\/\/www.njenergyratings.com\/blog\/wp-content\/uploads\/2021\/06\/iStock-835635064-230x153.jpg 230w, https:\/\/www.njenergyratings.com\/blog\/wp-content\/uploads\/2021\/06\/iStock-835635064-350x233.jpg 350w, https:\/\/www.njenergyratings.com\/blog\/wp-content\/uploads\/2021\/06\/iStock-835635064-480x320.jpg 480w, https:\/\/www.njenergyratings.com\/blog\/wp-content\/uploads\/2021\/06\/iStock-835635064.jpg 724w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><figcaption id=\"caption-attachment-337\" class=\"wp-caption-text\"><center><em>Uh-Oh! South Jersey residents could see some serious weather and electric price-spikes this summer. Save money when you shop and lock in the cheapest electric rates for your home.<\/em><\/center><\/figcaption><\/figure>\n<h2>Can I Still Shop Cheap Summer Electric Rates?<\/h2>\n<p><span style=\"font-weight: 400;\">Are you a South Jersey <\/span><a href=\"https:\/\/www.njenergyratings.com\/resources\/understanding-your-ace-bill\"><span style=\"font-weight: 400;\">Atlantic City Electric (ACE)<\/span><\/a><span style=\"font-weight: 400;\"> customer shopping for cheap Summer energy ? Uh oh! Because not only are slight<\/span> <a href=\"https:\/\/www.eia.gov\/outlooks\/steo\/report\/summerElectricity.php\"><span style=\"font-weight: 400;\">rate increases likely this Summer<\/span><\/a><span style=\"font-weight: 400;\">, coastal Jersey residents are also at risk of some serious price-spikes. This is because of a predicted increase in\u00a0<\/span><a href=\"https:\/\/www.cpc.ncep.noaa.gov\/products\/predictions\/long_range\/seasonal.php?lead=2\"><span style=\"font-weight: 400;\">temperatures<\/span><\/a><span style=\"font-weight: 400;\"> and <\/span><a href=\"https:\/\/www.noaa.gov\/media-release\/noaa-predicts-another-active-atlantic-hurricane-season\"><span style=\"font-weight: 400;\">Atlantic hurricane activit<\/span><\/a><span style=\"font-weight: 400;\">y. You desperately need, therefore, to shield yourself with a<\/span><span style=\"font-weight: 400;\">\u00a0cheap fixed rate! We&#8217;ve assembled the cheapest electric rates for every term length, and we\u2019ll show you how they measure up against the <\/span><a href=\"https:\/\/www.atlanticcityelectric.com\/MyAccount\/MyService\/Pages\/Price-to-Compare.aspx\"><span style=\"font-weight: 400;\">ACE Price to Compare<\/span><\/a><span style=\"font-weight: 400;\"> (PTC) rate of 9.49 <\/span><span style=\"font-weight: 400;\">cents per kWh<\/span><span style=\"font-weight: 400;\">. True, the PTC rate dipped this month. However, some of these plans include incentives that make them the best way to save money on your electric bill!<\/span><\/p>\n<h3>Compare Cheapest Electric Rates in South Jersey<\/h3>\n<p><b>Ultra-Short Term:\u00a0<\/b><span style=\"font-weight: 400;\">The cheapest 3 month rate is <\/span><b>NRG\u2019s<\/b><a href=\"https:\/\/www.njenergyratings.com\/plans\/nrg-energy\/details\/electric-choice-plan-3-month\"><b> Electric Choice Plan 3 Month<\/b><\/a><span style=\"font-weight: 400;\"> at 9.8 <\/span><span style=\"font-weight: 400;\">cents per kWh<\/span><span style=\"font-weight: 400;\">. There\u2019s no monthly charge or early termination fee &#8211; just this rate, and it squeaks in at only 0.31 cents more expensive per kWh than the PTC.<\/span><\/p>\n<p><b>6 Months: NRG<\/b><b>\u00a0<\/b><span style=\"font-weight: 400;\">comes in cheapest again with their <\/span><a href=\"https:\/\/www.njenergyratings.com\/plans\/nrg-energy\/details\/electric-choice-plan-6-month\"><b>Electric Choice Plan 6 Month<\/b><\/a> <span style=\"font-weight: 400;\">plan<\/span><b>. <\/b><span style=\"font-weight: 400;\">10.2 cents per kWh is just 0.71 cents above the PTC, and again, there\u2019s no monthly charge &#8211; but early termination will cost you $60.<\/span><\/p>\n<p><b>12 Months:<\/b>\u00a0Your best bet here is <strong>Tomorrow<\/strong><b> Energy\u2019s <\/b><a href=\"https:\/\/www.njenergyratings.com\/plans\/tomorrow-energy\/details\/12-month-fixed\"><b>12 Month Fixed<\/b><\/a> <span style=\"font-weight: 400;\">plan, with its 10.28 <\/span><span style=\"font-weight: 400;\">cents per kWh rate. And that&#8217;s just 0.79 cents above the PTC<\/span><span style=\"font-weight: 400;\">. There\u2019s no monthly recurring charge, and it\u2019s $75 for early termination. In this case, the cheapest plan is also the most eco-friendly! You\u2019ll get 100% wind supported power, and a tree planted for you every 3 months.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\"><strong>18 Months:\u00a0<\/strong>The <\/span><a href=\"https:\/\/www.njenergyratings.com\/plans\/constellation\/details\/18-month-home-power-plan\"><b>18 Month Home Power Plan<\/b><\/a><span style=\"font-weight: 400;\"> from <\/span><b>Constellation <\/b><span style=\"font-weight: 400;\">offers 10.49 <\/span><span style=\"font-weight: 400;\">cents per kWh<\/span><span style=\"font-weight: 400;\">, exactly one cent above the PTC, and charges $150 for early termination.\u00a0<\/span><\/p>\n<p><b>24 Months:\u00a0<\/b><a href=\"https:\/\/www.njenergyratings.com\/plans\/verde-energy\/details\/clean-power-24\"><b>Clean Power 24<\/b><\/a> <span style=\"font-weight: 400;\">from <\/span><b>Verde Energy USA <\/b> gets you pricier electricity\u00a0<span style=\"font-weight: 400;\">at 10.99 <\/span><span style=\"font-weight: 400;\">cents per kWh<\/span><span style=\"font-weight: 400;\">. That\u2019s 1.5 cents per kWh more expensive than the PTC. But it\u2019s a long term plan with no additional monthly charge, and no early termination fee! Plus, again, the cheapest 24 month plan comes with 100% renewable energy!<\/span><\/p>\n<p><b>36 Months:<\/b>\u00a0And finally, the longest term customers should consider\u00a0<b>Constellation\u2019s <\/b><a href=\"https:\/\/www.njenergyratings.com\/plans\/constellation\/details\/36-month-home-power-plan\"><b>36 Month Home Power Plan.<\/b><\/a>\u00a0It\u00a0skips back down to a cheaper rate at 10.39 cents per kWh, which is\u00a00.9 cents above the PTC. Plus, it&#8217;s a reasonable $150 for early termination.<\/p>\n<h3><b>Where Can I Lock In Cheapest South Jersey Electric Rates?<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">All these plans will land you the cheapest electric rate for every term length &#8211; so we&#8217;ve done the money-saving research for you! All you need to do is pick how long you want to lock in for. But don&#8217;t put it off, insulate yourself from scorching price hikes this Summer by locking in your cheap fixed rate electric plan now! Head over to <\/span><a href=\"http:\/\/www.NJenergyratings.com\"><span style=\"font-weight: 400;\">www.NJenergyratings.com<\/span><\/a><span style=\"font-weight: 400;\">\u00a0to find out what are the cheapest electric rates in South Jersey, and get saving your money for some real Summer fun.\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Can I Still Shop Cheap Summer Electric Rates? Are you a South [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mbp_gutenberg_autopost":false},"categories":[12,9,17,18,19],"tags":[],"_links":{"self":[{"href":"https:\/\/www.njenergyratings.com\/blog\/wp-json\/wp\/v2\/posts\/330"}],"collection":[{"href":"https:\/\/www.njenergyratings.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.njenergyratings.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.njenergyratings.com\/blog\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.njenergyratings.com\/blog\/wp-json\/wp\/v2\/comments?post=330"}],"version-history":[{"count":4,"href":"https:\/\/www.njenergyratings.com\/blog\/wp-json\/wp\/v2\/posts\/330\/revisions"}],"predecessor-version":[{"id":338,"href":"https:\/\/www.njenergyratings.com\/blog\/wp-json\/wp\/v2\/posts\/330\/revisions\/338"}],"wp:attachment":[{"href":"https:\/\/www.njenergyratings.com\/blog\/wp-json\/wp\/v2\/media?parent=330"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.njenergyratings.com\/blog\/wp-json\/wp\/v2\/categories?post=330"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.njenergyratings.com\/blog\/wp-json\/wp\/v2\/tags?post=330"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}