New Jersey Commercial Electricity: Deregulated since 1999, NJ offers full retail choice in all utility territories. Average commercial rate: 12-15¢/kWh (2026). Higher than national average but competitive suppliers can reduce costs by 8-15%.
New Jersey Commercial Natural Gas: Full gas choice via PSE&G, Elizabethtown Gas, NJNG, and South Jersey Gas. Basis driven by Transco Z6 and Tetco M3 indexes. Interruptible rates offer lower pricing for dual-fuel boiler facilities. Gas Guide →
Full retail choice across PSE&G, JCP&L, and Atlantic City Electric territories. High rates make switching suppliers especially valuable for NJ businesses.
PJM capacity prices for New Jersey have hit record highs ($269.92/MW-day). Commercial facilities in PSE&G, JCP&L, and ACE territories can now earn approximately $120,000 annually per MW of curtailable load.
View PJM Demand Response (DR) Programs →EIA Average • Supply + Delivery
PJM Real-Time LMP • ¢/kWh
New Jersey has a dense pipeline network but remains vulnerable to winter price spikes. Commercial gas choice is available in PSE&G, Elizabethtown Gas, New Jersey Natural Gas (NJNG), and South Jersey Gas territories.
Many commercial boilers in NJ run on interruptible rates—switching to oil during peak winter days to unlock significantly lower gas pricing year-round.
NJ pricing is often driven by these two indices. Understanding which zone your facility sits in (North vs. South NJ) determines your basis risk strategy.
Read our Gas Procurement Guide →See how much your business could save
NJ has among the highest electricity costs in the US. This makes supplier shopping even more valuable—small percentage savings yield big dollar amounts.
The NJ Board of Public Utilities regulates the market and maintains consumer protections. Third-party suppliers must be licensed.
NJ is building major offshore wind capacity. Future renewable energy contracts may offer competitive long-term pricing.
Our reverse auction process gets multiple PJM suppliers competing for your business.
Get Competitive Quotes →Latest news affecting New Jersey commercial energy buyers
PJM initiates emergency out-of-market procurement workshops as the IMM points to data centers driving 40% of December auction costs. Utility delivery hikes expected.
PJM extends capacity price cap to 2030, projected to save 67 million customers $27 billion. January 2026 LMPs averaged $156.87/MWh — up 35% year-over-year.
PJM approves $11.8 billion in transmission projects while extending the capacity price collar to 2030. Analysis of impact on commercial electricity rates across PA, NJ, OH, MD, IL, and VA.
Analysis of historic Winter 2026 wholesale electricity price spikes in PJM, NYISO, and ISO-NE. How commercial buyers can block-and-index to mitigate exposure.