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Supplier Plan Energy Term Length Rate
TriEagle Energy 36 month fixed 12.16¢
TriEagle Energy 24 month fixed 12.26¢
TriEagle Energy 12 month fixed 12.86¢
Constellation Energy 12 month fixed 13.02¢
Constellation Energy 12 month fixed 12.99¢

Paterson energy rates

As the third-largest city in New Jersey, Paterson is home to nearly 150,000 residents. With frigid winters and hot summers, affordable energy is vitally important to residents of Paterson and throughout the state. Energy prices in Paterson vary, depending of the choice of energy provider and level of usage. Typically, electricity rates range from 10.89 cents per kilowatt-hour to 14.29 cents per kilowatt-hour. From June through December, energy rates in Paterson are typically at their lowest. In January, they start to climb until summer begins again. Paterson natural gas rates typically range from 46.90 to 96.40 cents per therm.

Paterson energy deregulation

In August 1999, after closely examining how other states deregulated energy, New Jersey joined them by passing a law supporting energy deregulation. State law now requires that the supply portion of each consumer's energy bill be separate from the delivery portion. Energy deregulation in Paterson allows residents to shop around for the best prices, opening the door to supplier competition. Although residents have their choice of suppliers, those residents with the highest energy usage typically get the most competitive rates. Inspired by deregulation laws in Massachusetts, a process known as "aggregation" makes it easy for New Jersey consumers to buy power in bulk, driving down the energy costs for residents.

Paterson utility companies & energy providers

Since deregulation requires the supply portion to be separate from the delivery portion of a customer's energy bill, customers are free to shop around for the best prices from energy suppliers in Paterson. Regardless of which suppliers are chosen, customers will continue to receive energy service using existing wires and pipes company. The primary utility service area in Paterson is PECO Energy Co. When customers purchase electric or gas from other suppliers, the utility will still continue to deliver the energy. Choosing a new supplier will not impact the safety or reliability of service. It is important that customers choose the most reliable energy suppliers in Paterson, such as TriEagle, AEP Energy or Constellation. Some suppliers offer fixed price plans to protect customers from market volatility, keeping their energy price stable throughout the life of the contract.

Paterson renewable energy

The use of landfill gas is New Jersey's primary source of renewable energy. The state has made the commitment to aggressively tackle the issue of renewable energy by offering various incentives for businesses, municipalities and homeowners to utilize clean energy. One such incentive is New Jersey's Clean Energy Program. This program not only saves energy, it also saves customers money on utility bills. Choose Energy has partnered with Yep Energy as a preferred supplier of renewable energy in Paterson, including solar power.

Paterson Energy Facts

2,013

Average Home Size

595

Average Monthly Usage (kWh)

$66.33

Avg Monthly Bill

59%

Avg to Peak

-28%

Avg to Trough

$105.47

Peak Bill

$47.76

Lowest Bill

$214

Potential Annual Savings

Paterson energy suppliers

YEP Energy Constellation Energy
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