Table of Contents
- What to know aboout electricity rates in Elizabeth, New Jersey
- Best Elizabeth, NJ electricity rates
- Average cost of electricity in Elizabeth, New Jersey
- Best electricity plans in Elizabeth
- Business electricity rates in Elizabeth, New Jersey
- Best commercial electricity plans in Elizabeth
- How to switch Elizabeth, New Jersey electricity companies
- How deregulated electricity works in Elizabeth
- Types of electricity plans in Elizabeth, New Jersey
- Compare Elizabeth electricity rates
- Elizabeth, New Jersey electricity rate FAQs
What to know about electricity rates in Elizabeth, NJ
- Elizabeth residents pay 17.64 cents per kWh while the average national rate is 16.08 cents
- The cheapest electricity rate is 8.76 cents per kWh for Elizabeth residents
- You can shop rates from 49 available providers in Elizabeth
Best Elizabeth, NJ electricity rates
In the city of Elizabeth, you can find electricity rates that range from 8.76 cents to 36.42 cents per kWh. The best electricity plans in Elizabeth for you depend on how much power you use and when you use it. Comparing companies is the best way to find better rates. Below are some rates from popular electric companies in Elizabeth.
What is the cheapest electricity company in Elizabeth, NJ?
Provider | Service | Rate (¢/kWh) |
---|---|---|
First Energy | Energy | 9.31 |
Park Power | Energy | 10.59 |
Constellation Energy | Energy | 12.10 |
AEP Energy | Energy | 13.32 |
Ambit Energy | Energy | 13.85 |
Marathon Energy | Energy | 14.51 |
TriEagle Energy | Energy | 14.61 |
CleanSky Energy | Energy | 14.76 |
Direct Energy | Energy | 14.81 |
Discount Energy Group | Energy | 15.23 |
Because New Jersey has a deregulated electricity market, Elizabeth residents have the flexibility to shop around for a cheaper electricity bill. Many states don’t offer this choice. If you’re looking to reduce your energy bill, consider switching to a different provider or plan. Elizabeth electricity providers offer different types of plans for residents and businesses to satisfy a range of needs.
Average cost of electricity in Elizabeth, New Jersey
According to our data, the average electricity rate in Elizabeth is 17.64 cents per kWh. This equates to an average residential bill of $101.36 per month. Our data also shows the average resident in Elizabeth uses 575 kWh per month. Below, you can see how Elizabeth's electricity rates compare to the averages in New Jersey and the United States.
Rate | Usage | Bill | |
---|---|---|---|
Elizabeth Average | 17.64¢ | 575 kWh | $101.36 |
New Jersey Average | 19.17¢ | 705 kWh | $124.33 |
United States Average | 16.08¢ | 871 kWh | $140.10 |
Since the average price is 17.64 cents per kWh or $101.36 per month for residential electricity, prices lower than these can be considered affordable. Electricity rates in Elizabeth, New Jersey depend on your home size and usage, so the kWh rate is more useful when comparing your rate to the average.
Best electricity plans
We've analyzed the prices, terms, and conditions of popular Elizabeth electricity plans. Below are our picks for the best residential plans in the state.
Provider | Contract Term | Rate | Plan |
---|---|---|---|
12 months | 10.99¢/kWh | See Plan | |
12 months | 10.99¢/kWh | See Plan | |
12 months | 11.09¢/kWh | See Plan | |
18 months | 11.59¢/kWh | See Plan | |
18 months | 11.59¢/kWh | See Plan | |
24 months | 11.69¢/kWh | See Plan | |
32 months | 11.98¢/kWh | See Plan | |
36 months | 11.99¢/kWh | See Plan | |
36 months | 12.19¢/kWh | See Plan | |
12 months | 12.79¢/kWh | See Plan | |
12 months | 12.89¢/kWh | See Plan | |
12 months | 12.99¢/kWh | See Plan | |
18 months | 12.99¢/kWh | See Plan | |
36 months | 13.29¢/kWh | See Plan | |
6 months | 13.60¢/kWh | See Plan | |
18 months | 13.67¢/kWh | See Plan | |
24 months | 13.79¢/kWh | See Plan | |
12 months | 13.87¢/kWh | See Plan | |
18 months | 13.91¢/kWh | See Plan | |
12 months | 14.19¢/kWh | See Plan | |
32 months | 14.19¢/kWh | See Plan | |
36 months | 14.39¢/kWh | See Plan | |
24 months | 14.51¢/kWh | See Plan | |
6 months | 14.55¢/kWh | See Plan | |
12 months | 14.59¢/kWh | See Plan | |
12 months | 14.69¢/kWh | See Plan | |
18 months | 14.79¢/kWh | See Plan | |
12 months | 14.82¢/kWh | See Plan | |
18 months | 14.86¢/kWh | See Plan | |
18 months | 15.13¢/kWh | See Plan | |
36 months | 15.19¢/kWh | See Plan | |
24 months | 15.46¢/kWh | See Plan | |
24 months | 15.80¢/kWh | See Plan | |
32 months | 15.99¢/kWh | See Plan | |
1 months | 16.15¢/kWh | See Plan | |
36 months | 16.39¢/kWh | See Plan | |
1 months | 17.11¢/kWh | See Plan | |
6 months | 18.20¢/kWh | See Plan | |
12 months | 19.10¢/kWh | See Plan | |
6 months | 19.16¢/kWh | See Plan | |
18 months | 19.27¢/kWh | See Plan | |
24 months | 19.64¢/kWh | See Plan | |
12 months | 20.06¢/kWh | See Plan | |
18 months | 20.23¢/kWh | See Plan | |
24 months | 20.60¢/kWh | See Plan | |
1 months | 21.39¢/kWh | See Plan | |
1 months | 22.34¢/kWh | See Plan | |
12 months | 63.9¢/kWh | See Plan | |
12 months | 64.9¢/kWh | See Plan | |
12 months | 64.9¢/kWh | See Plan | |
12 months | 67.9¢/kWh | See Plan | |
12 months | 68.9¢/kWh | See Plan | |
12 months | 69.9¢/kWh | See Plan | |
18 months | 71.9¢/kWh | See Plan | |
12 months | 74.9¢/kWh | See Plan | |
18 months | 74.9¢/kWh | See Plan | |
36 months | 74.9¢/kWh | See Plan | |
12 months | 74.9¢/kWh | See Plan | |
12 months | 75.9¢/kWh | See Plan | |
18 months | 75.9¢/kWh | See Plan | |
36 months | 77.9¢/kWh | See Plan | |
36 months | 79.9¢/kWh | See Plan | |
36 months | 81.9¢/kWh | See Plan | |
12 months | 85.9¢/kWh | See Plan | |
See All Plans |
Compare Elizabeth electricity providers
There are 49 electricity providers in Elizabeth, NJ. While some providers only serve specific areas, you have multiple options for electricity wherever you are. Different providers can offer different specials, plan types, and sales throughout the year. However, always read the fine print of the energy plans you consider to avoid hidden penalties.
Residential Electricity Providers in Elizabeth
Provider | Service Type | Rate (¢/kWh) | Bill |
---|---|---|---|
First Energy | Energy | 9.31 | $78.08 |
Park Power | Energy | 10.59 | $2.28 |
Constellation Energy | Energy | 12.10 | $101.01 |
AEP Energy | Energy | 13.32 | $144.90 |
Ambit Energy | Energy | 13.85 | $118.62 |
Marathon Energy | Energy | 14.51 | $197.34 |
TriEagle Energy | Energy | 14.61 | $186.42 |
CleanSky Energy | Energy | 14.76 | $122.61 |
Direct Energy | Energy | 14.81 | $95.76 |
Discount Energy Group | Energy | 15.23 | $92.77 |
Business electricity rates in Elizabeth, NJ
Commercial rates are typically cheaper than residential rates in Elizabeth, New Jersey because businesses consume a lot of energy. This means they get a volume discount on electricity. Think about how much power a corner store might use to run HVAC, refrigeration, security systems, lighting, and computers. It adds up. Our data shows the average business in Elizabeth pays 14.94 cents per kWh for electricity and has an average bill of $65,671 per month. They also use 4,396 kWh per month, which is a big increase from the residential average of 575 kWh.
Rate | Usage | Bill | |
---|---|---|---|
Elizabeth Average | 14.94¢ | 4,396 kWh | $656.71 |
New Jersey Average | 15.11¢ | 3,059 kWh | $462.14 |
United States Average | 12.05¢ | 5,603 kWh | $675.03 |
Finding ways to reduce overhead costs is essential as a business owner. You have the opportunity to do that in a deregulated electricity market. Even reducing your electricity by one or two cents per kWh can make a huge difference when you have a high monthly bill. Compare commercial electricity rates to find the plan that makes the most sense for your business.
Best commercial electricity plans
Below are the top commercial electricity plans in Elizabeth, New Jersey.
Provider | Contract Term | Rate | Plan |
---|---|---|---|
2 months | 8.330¢/kWh | See Plan | |
3 months | 8.333¢/kWh | See Plan | |
3 months | 8.403¢/kWh | See Plan | |
2 months | 8.416¢/kWh | See Plan | |
1 months | 8.582¢/kWh | See Plan | |
4 months | 8.649¢/kWh | See Plan | |
4 months | 8.661¢/kWh | See Plan | |
1 months | 8.679¢/kWh | See Plan | |
12 months | 8.906¢/kWh | See Plan | |
6 months | 8.990¢/kWh | See Plan | |
3 months | 9.080¢/kWh | See Plan | |
2 months | 9.095¢/kWh | See Plan | |
2 months | 9.122¢/kWh | See Plan | |
18 months | 9.132¢/kWh | See Plan | |
3 months | 9.147¢/kWh | See Plan | |
12 months | 9.150¢/kWh | See Plan | |
12 months | 9.199¢/kWh | See Plan | |
3 months | 9.218¢/kWh | See Plan | |
12 months | 9.219¢/kWh | See Plan | |
1 months | 9.242¢/kWh | See Plan | |
1 months | 9.247¢/kWh | See Plan | |
24 months | 9.265¢/kWh | See Plan | |
5 months | 9.325¢/kWh | See Plan | |
18 months | 9.330¢/kWh | See Plan | |
1 months | 9.334¢/kWh | See Plan | |
24 months | 9.342¢/kWh | See Plan | |
5 months | 9.360¢/kWh | See Plan | |
12 months | 9.367¢/kWh | See Plan | |
30 months | 9.414¢/kWh | See Plan | |
24 months | 9.420¢/kWh | See Plan | |
36 months | 9.441¢/kWh | See Plan | |
18 months | 9.445¢/kWh | See Plan | |
6 months | 9.483¢/kWh | See Plan | |
36 months | 9.494¢/kWh | See Plan | |
30 months | 9.500¢/kWh | See Plan | |
12 months | 9.500¢/kWh | See Plan | |
2 months | 9.500¢/kWh | See Plan | |
4 months | 9.518¢/kWh | See Plan | |
4 months | 9.525¢/kWh | See Plan | |
24 months | 9.534¢/kWh | See Plan | |
48 months | 9.550¢/kWh | See Plan | |
6 months | 9.560¢/kWh | See Plan | |
42 months | 9.568¢/kWh | See Plan | |
18 months | 9.583¢/kWh | See Plan | |
12 months | 9.623¢/kWh | See Plan | |
24 months | 9.650¢/kWh | See Plan | |
54 months | 9.651¢/kWh | See Plan | |
15 months | 9.651¢/kWh | See Plan | |
11 months | 9.661¢/kWh | See Plan | |
60 months | 9.672¢/kWh | See Plan | |
10 months | 9.674¢/kWh | See Plan | |
18 months | 9.677¢/kWh | See Plan | |
14 months | 9.677¢/kWh | See Plan | |
16 months | 9.677¢/kWh | See Plan | |
6 months | 9.682¢/kWh | See Plan | |
13 months | 9.718¢/kWh | See Plan | |
12 months | 9.719¢/kWh | See Plan | |
36 months | 9.750¢/kWh | See Plan | |
12 months | 9.751¢/kWh | See Plan | |
30 months | 9.776¢/kWh | See Plan | |
18 months | 9.788¢/kWh | See Plan | |
2 months | 9.793¢/kWh | See Plan | |
17 months | 9.808¢/kWh | See Plan | |
9 months | 9.814¢/kWh | See Plan | |
3 months | 9.831¢/kWh | See Plan | |
3 months | 9.847¢/kWh | See Plan | |
1 months | 9.871¢/kWh | See Plan | |
12 months | 9.873¢/kWh | See Plan | |
36 months | 9.886¢/kWh | See Plan | |
24 months | 9.888¢/kWh | See Plan | |
12 months | 9.889¢/kWh | See Plan | |
30 months | 9.890¢/kWh | See Plan | |
3 months | 9.910¢/kWh | See Plan | |
48 months | 9.920¢/kWh | See Plan | |
2 months | 9.924¢/kWh | See Plan | |
6 months | 9.927¢/kWh | See Plan | |
42 months | 9.928¢/kWh | See Plan | |
24 months | 9.950¢/kWh | See Plan | |
2 months | 9.960¢/kWh | See Plan | |
2 months | 9.963¢/kWh | See Plan | |
22 months | 9.972¢/kWh | See Plan | |
1 months | 9.973¢/kWh | See Plan | |
15 months | 9.978¢/kWh | See Plan | |
18 months | 9.982¢/kWh | See Plan | |
23 months | 9.994¢/kWh | See Plan | |
16 months | 10.001¢/kWh | See Plan | |
21 months | 10.011¢/kWh | See Plan | |
8 months | 10.017¢/kWh | See Plan | |
54 months | 10.017¢/kWh | See Plan | |
18 months | 10.019¢/kWh | See Plan | |
60 months | 10.020¢/kWh | See Plan | |
4 months | 10.034¢/kWh | See Plan | |
6 months | 10.034¢/kWh | See Plan | |
14 months | 10.034¢/kWh | See Plan | |
6 months | 10.035¢/kWh | See Plan | |
3 months | 10.049¢/kWh | See Plan | |
42 months | 10.050¢/kWh | See Plan | |
48 months | 10.054¢/kWh | See Plan | |
24 months | 10.055¢/kWh | See Plan | |
20 months | 10.069¢/kWh | See Plan | |
See All Plans |
How to switch your Elizabeth electricity provider
While Elizabeth's deregulated electricity market might seem complex, switching electricity providers involves a straightforward process that can help you save.
To switch providers, you'll need to:
- Verify your eligibility by confirming you're in a deregulated area
- Enter your ZIP code into comparison tools to find available suppliers
- Compare rates against your utility's Price to Compare (PTC)
- Review contract terms, including length and fees
- Select a plan and complete online enrollment
The switch typically takes effect within one to two billing cycles, and your new supplier handles all back-end changes.
You won't need to contact your utility company or worry about service interruptions.
Best time to switch electric companies in Elizabeth, New Jersey?
The best times for switching include when your contract is approaching expiration or during low-demand seasons.
Consider these ideal switching periods:
- During moderate weather months (spring/fall) when energy demand is lower
- When your contract is within 30-60 days of expiration
- After checking price trends using comparison tools
- When regulatory changes create more competitive rates
Review your contract renewal dates regularly and monitor market conditions to secure better rates.
Avoid switching during peak demand periods, such as extreme summer or winter months, when rates typically surge.
Elizabeth's deregulated electricity market
Since New Jersey enacted electricity deregulation in 1999, you've had the power to choose your electricity supplier while your local utility handles the physical delivery of power.
Under this system, your electricity bill consists of two main components:
- Supply charges from your chosen provider or default utility
- Delivery charges from your local utility company
Four major utilities serve New Jersey residents:
- Public Service Electric and Gas (PSE&G)
- Jersey Central Power & Light (JCP&L)
- Atlantic City Electric
- Rockland Electric
If you don't select a third-party supplier, your local utility becomes your default provider through the PJM wholesale market.
Types of electricity plans in Elizabeth, NJ
Elizabeth residents can select from several types of electricity plans to match their energy needs and budgetary preferences. Each plan type offers distinct advantages and considerations.
Fixed-rate plans provide rate stability for 6 months to 3 years, helping you maintain predictable monthly bills.
Variable-rate plans offer flexibility without contracts but come with price fluctuation risks.
Time-of-use plans feature different rates based on peak (9am-9pm) and off-peak hours, allowing you to save by shifting energy usage.
Prepaid and no-deposit options let you manage costs upfront without credit requirements, though you'll need to monitor your balance regularly.
Compare Elizabeth electricity rates
Compare Elizabeth electricity rates to save money and avoid overpaying in the deregulated market. Bills can vary greatly, with rates between 9 to 36 cents per kWh across different providers and plan structures. Take the time to read the fine print and do the math to figure out which is your best option.
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Elizabeth, NJ electricity rate FAQs
What is a good rate per kWh in Elizabeth?
In Elizabeth, New Jersey, a good electricity rate falls between 17 cents to 19 cents per kWh. Tired of high bills? Shop during spring and fall to lock in lower prices before HVAC use spikes in the summer or winter.
What are electric rates in Elizabeth today?
Elizabeth electricity rates currently average 17.64 cents per kWh, but you'll likely pay between 16 to 20 cents depending on your provider, location, and plan type.
Why is electricity so expensive in Elizabeth, NJ right now?
Your Elizabeth electric bill is high due to extreme summer usage and rising natural gas prices. Customers also face steep increases from capacity auction spikes and grid connection delays, though state credits offer some relief.
Will electricity get cheaper in the future?
Electricity rates fluctuate due to energy demand, fuel costs, grid infrastructure, and regulatory policies. While short-term declines may occur, long-term trends often show increases due to inflation, grid modernization, and shifts to renewable energy.