New Jersey

Attention NJ Businesses: Savings Is In the Air!

Utility rates in all NJ territories have decreased as of June 1, 2010. The decreased rates are attributed to the decrease in prices during the auction for basic generation service.   However, alternate suppliers can offer you EVEN GREATER SAVINGS.

Rate Decrease

The default rate in NJ is decreasing which is good news for all.  But there is even better news…If you switch to an alternative supplier, you can save even more money on your business’s utility bill.  On average, business customers can expect to save anywhere from 10-30% off the lower default rate. Default rates are derived from auctions that the utility performed in previous years for the current year.  Due to lower natural gas prices, current market rates for electricity are lower than the current default rates, resulting in saving opportunities for businesses.  Even green energy options can often cost less than the utility prices!

Maximizing Savings

Headroom is a term that refers to the margin between supply and demand. As headroom pertains to electricity, it depicts the difference between the cost of electricity (utility rate) and an alternative supplier’s price. Currently in NJ, there is significant headroom because utility prices are greater than alternative supplier’s prices on average. Now that default rates are locked in for June 2010 – May 2011, any business customer can look at their rate class and see what they are paying now and will pay in the future if they choose stay on the utility’s default rate.  Now is the perfect time to have Smart Choice Energy Services, LLC shop for an alternative supplier for you and determine your savings potential.

Contact us today

Our job as energy brokers is to scan the market for you and shop for the lowest priced provider. We work with a large pool of suppliers that all meet our five-star rating system. Your business and its energy needs are our first priority! We realize how much saving money on your energy bills can impact your business. Contact us today and we will begin the process of consulting your business on all of your energy needs and saving your business money. There is no risk to you! All we need is a recent energy bill and a letter of authorization to begin the process.