Looking to learn more about PSE&G electricity rates? Thinking about making a switch to or from one of the other electric suppliers NJ has to offer? We've put together some of the commonly asked questions many people have about PSE&G switching, so read on to find out more.
Who are PSE&G?
PSE&G are the Public Service Enterprise Group, a publicly traded energy company based in New Jersey. They are one of many electric suppliers NJ has to offer, under the New Jersey Choice initiative.
What is the New Jersey Choice initiative?
The New Jersey Choice initiative allows consumers to choose from a variety of NJ energy suppliers, whether electricity, gas, or both. It's part of an ongoing restructuring program that is going on all over the country that enables people to make choices on their energy suppliers based on cost, service, or environmental protections.
What happens if I don't choose a supplier?
You don't have to make a switch to another provider, as you will just remain with your current Basic Generation Service - or BSG. It is provided by the Atlantic City Electric - or ACE - service, and all suppliers deliver their electricity through a license provided by ACE. If you don't choose a different provider, you will remain - or be placed - as an ACE customer.
Is there a difference between a supplier and a distributor?
Your utility company is the service that provides all the pipes and infrastructure for electricity and power in your area. They are known as a distributor. You cannot choose a distributor, as all suppliers in the same area use the same distributor. But you can choose your provider - who are the companies that have a license to sell you all the power you need for your home.
What are the price differences between suppliers?
Price differences vary from supplier to supplier and can change up to twice a year. It is important for consumers to research their options when choosing a new provider to ensure they don't pay too much or make choices that go against their personal code of ethics. It's simple to compare prices, and many services allow you to do this online. Once you work out your monthly usage for electricity and gas, you should be able to work out how much each provider will cost over the course of a year. Most people choose the cheapest, but you might prefer to pay a little more for cleaner energy if you have environmental concerns.
What else should I look for when comparing companies?
Price is one of the most important factors for the average person, of course. But there are other things to watch out for. You will need to know what other services are included in the price, as well as the length of an agreement. Early cancellation and sign up fees can also make a difference to your annual spend. And, of course, customer service is vital - you want to choose a company who offers you support when you need it.