Electric utility in New Jersey
At Choose Energy, our reporters seek out information that puts you in control of your energy. Our partners do not direct our editorial content, though we may reference their products in our posts. Read about how we make money to learn more.
Founded in 1925, Jersey Central Power & Light (JCP&L) is a subsidiary of FirstEnergy Corp., one of the nation’s largest investor-owned electric systems, serving 6 million customers across the Midwest and Mid-Atlantic states. JCP&L delivers electricity to 1.1 million customers in northern and central New Jersey and includes the cities of Chatham, Flemington, Morristown, Point Pleasant Beach, and Short Hills.
| Plan Name | Plan Length | Rate |
|---|---|---|
| YEP Energy - 24 Month Fixed | 24 months | $0.162 / kWh |
| YEP Energy - 24 Month Fixed Plant-A-Tree Plan | 24 months | $0.164 / kWh |
| YEP Energy - 24 Month Fixed Green | 24 months | $0.171 / kWh |
| YEP Energy - 12 Month Fixed | 12 months | $0.190 / kWh |
Please note: All rates above are accurate as of 9/29/2022, 12:45:41 AM CDT for ZIP Code 08753. Rates may have changed since this date/time. For the most up to date rates in your area, please enter your zip code above.
The United States launched the Energy Policy Act in 1992 to ensure residents and businesses had the freedom to choose their energy supplier. In 1999, New Jersey moved to deregulate the state’s electric and gas. Deregulation breaks up potential monopolies and allows residents of New Jersey the ability to select the default supplier, such as Jersey Central Power and Light, or a third-party supplier for their electric and natural gas needs.
As you begin your research to find a competitive price and plan, it’s important to educate yourself on what factors should be evaluated when choosing an energy provider. Explore our essential energy buying guide along with details on how to switch energy providers with ease. From choosing an energy supplier and plan, tips on lowering your electricity bill, and finding no deposit electricity plans, Choice Energy has you covered.
The JCPL price to compare is the price per kilowatt-hour (kWh) offered by your local distribution supplier, Jersey Central Power & Light. This default rate is provided by JCP&L so you can compare suppliers’ prices per kWh. The JCPL price to compare is 9.73076 cents/kWh.
As you shop for energy, if a third-party supplier’s rate is lower than the JCP&L electric rates, your power to choose allows you to select the best provider in your service area that meets your electrical and budgetary needs. You can find JCP&L’s price to compare on your electric bill under the supply portion.
Ready to compare rates and plans? Enter your Zip code above for a no-cost, no commitment listing of JCP&L’s pricing versus third-party suppliers to see if you can beat their rate.
A utility company is responsible for maintaining power lines and infrastructures. The utility portion of your electric service consists of how the electricity is delivered to your home. This includes wires, poles, and meters. For example, you would report electrical emergencies and downed power lines to your utility company.
An energy supplier works with both the utility company and the customer. The supplier purchases energy directly a generation company and then sells it to the customer at a set price. This is where the price to compare plays an important role as it aids customers in choosing their energy supplier. In New Jersey, utilities also may be suppliers.
Due to New Jersey’s deregulation, there are numerous suppliers available. There is an abundance of third-party suppliers in the New Jersey Central Power & Light’s region approved and licensed under New Jersey’s Board of Public Utilities, including Constellation Energy and Direct Energy.
Contact JCP&L to report power emergencies and outages, inquire about your bill, or speak with them about transmission rates (if your electricity is purchased through JCP&L).
