In a deregulated market, utility companies still deliver electricity and natural gas to your home or business. They also maintain power lines, poles, meters, and energy infrastructure. You should contact your utility if you experience a power outage in New Jersey.
The five principal New Jersey electric utilities are Atlantic City Electric, Jersey Central Power & Light, Public Service Electric & Gas, Orange & Rockland, and Vineland Municipal. The Garden State also has four gas utilities: Elizabethtown Gas, New Jersey Natural Gas, Public Service Electric & Gas, and South Jersey Gas.
Meanwhile, energy providers are the companies that buy electricity and gas and sell them to consumers. Due to deregulation, you can purchase energy plans from many available New Jersey electric and natural gas suppliers, including Constellation Energy and Direct Energy. The New Jersey Board of Public Utilities approves and licenses all third-party NJ electricity providers.
The price to compare (PTC) is the default energy rate set by your local utility company. PTC might also appear as the Standard Offer Service (SOS). With PTC in deregulated areas like New Jersey, you can determine whether you can get lower NJ electric rates from another provider.