Residences of Paterson, New Jersey are finding savings on their energy bills by shopping for competitive rates. As a result of the New Jersey Competition and Choice Act, people living in Paterson, as well as the majority of New Jersey cities, are able to choose between over a dozen electric suppliers to provide them with their electricity and natural gas needs.
Competition is providing consumers with lower energy prices and an abundance of product choices. The savings versus utility default rates have been substantial, averaging between 10-20%. Consumers wanting to spend a little more on green energy have the option to do so, while those wanting to pay the least amount as possible are also free to make that decision.
Paterson energy users receive their electricity from either JCP&L or PSE&G. No matter which electric rate product a customer chooses, and no matter who they decide to buy that power from, JCP&L and PSE&G continue to deliver that power to the homes and businesses in Paterson, New Jersey. The two companies, who remain regulated by the New Jersey Board of Public Utilities, remain responsible for responding to electrical wire and power failure emergencies.
If you are in the PSEG service territory, you can compare low rates here:
If you are in the JCPL service territory, you can compare low rates here: