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Supplier Plan Energy Term Length Rate
Direct Energy 12 month fixed 12.49¢
Direct Energy 18 month fixed 11.99¢
TriEagle Energy 24 month fixed 12.36¢
Constellation Energy 12 month fixed 12.79¢
TriEagle Energy 36 month fixed 12.56¢

Trenton energy rates

As the capital of New Jersey, Trenton is a thriving city that is home to 84,913 residents and many more businesses. Since Trenton is such an important part of New Jersey's economy, it is crucial that the city has access to affordable, high-quality and efficient energy. Now that the energy market in Trenton is deregulated, customers are able to score better deals on their energy rates.

Trenton energy prices fluctuate depending on the weather and the season. Typically, rates are the least expensive in the early spring or fall and most expensive in the months leading up to winter. Trenton energy rates vary between 10.89 to 14.29 cents per kilowatt hour, while natural gas rates range from 46.90 to 90.40 cents per therm.

Trenton energy deregulation

In order to give customers more choice and to make sure that the energy market was not dominated by a single company, New Jersey and many other states have deregulated the energy industry. In short, these laws have led to increased competition and more choice for customers, resulting in lower prices and better service. Prior to energy deregulation, a single utility company was responsible for every aspect of supplying energy, from transmission to delivery to sales to payments. Since this company held a monopoly, it could charge the customer any price it wanted.

Energy deregulation has ushered in a new and more competitive energy market because multiple suppliers are now available for the customer to choose from. Just as consumers may shop for the least expensive car of the same make and model at multiple dealerships for the best price, so too can this now be done for energy. Consumers can simply compare rates from a multitude of energy suppliers to find the one with the best price and service for their needs.

Trenton utility companies & energy providers

Deregulation ushered in a new era for the energy market. Gone are the days of a single company being responsible for every aspect of a customer's energy needs. While a single company is still responsible for delivering and transmitting energy, customers can now choose their Trenton energy supplier and who they pay every month.

Public Service Electric & Gas (PSEG) is the primary utility company in Trenton. Not only is PSEG the largest utility service company in New Jersey, but it's also the oldest. Since PSEG only delivers and transmits energy to homes and businesses, the company has partnered with many of the best energy suppliers in the business, like North American Power, TriEagle, and Constellation.

Trenton renewable energy

New Jersey ranks a very disappointing 47th in the nation for electricity generated by renewable energy. However, both the state of New Jersey and the city of Trenton remain committed to finding and supporting alternative sources of energy. The New Jersey Clean Energy Program is tasked with implementing green-friendly initiatives and in finding renewable sources of energy. In order to provide green energy in Trenton, PSEG has named YEP Energy as the preferred supplier of renewable energy.

Trenton Energy Facts

1,250

Average Home Size

417

Average Monthly Usage (kWh)

$45.52

Avg Monthly Bill

31%

Avg to Peak

-19%

Avg to Trough

$59.64

Peak Bill

$36.88

Lowest Bill

$150

Potential Annual Savings