JCPL commerical customers who shop for low electric rates are finding big savings. Small businesses who receive their electric bill from JCPL can lower their bill by as much as 20% by switching off of the business default rate and onto a competitive electricity rate.
Business customers need to take a close look at offers in order to avoid hidden costs and additional charges. The New Jersey Board of Public Utilities protects residential customers from electric companies offering rates with hidden fees. Electric companies are required to present electricity rates in a specific format to residential customers that compare the prices directly to the JCPL basic generation service rate (default rate). The electric companies have more flexibility when offering rates to business customers which opens the door for them to hide fees and charges in the contract. Hidden fees can cost businesses immensely.
In order to compare multiple electric rate offers on an even playing field, JCPL commercial customers can use an electric rate comparison site like www.CompareElectricRates.com Business consumers need to be able to compare electric rate offers from companies on an apples-to-apples basis. We demand all commercial electric rate offers from suppliers include all components of the electricity supply charge. This results in our customers receiving the lowest possible rate with the peace of mind that there will be no hidden charges or surprises when the monthly JCPL electric bill arrives.