Great Energy 1 helps New Jersey businesses lower electricity and gas costs with expert energy brokerage services. We compare rates, recommend the best energy plans, and manage the switching energy process. With competitive pricing, flexible contracts like long-term contracts vs. short-term energy contracts, and ongoing support, we make energy savings simple, reliable, and tailored to your business needs.
What Are the Latest Electric Rates in New Jersey?
As of November 2025, the average commercial electricity rate in New Jersey is 18.69 cents per kilowatt-hour. Great Energy 1 helps your business find better rates based on your energy usage, contract length, and location. We offer personalized and competitive pricing options. No matter your energy goals, we help you find some of the lowest electric rates available in New Jersey.
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What Are the Latest New Jersey Gas Rates?
In New Jersey, natural gas rates change often because supply costs can go up or down. Most standard rates for basic natural gas supply are set by utility companies like PSE&G and reviewed by the New Jersey Board of Public Utilities. These rates can vary month to month and are based on the actual cost of gas from the market.
3 Simple Steps to Switch Energy Providers
Switching energy providers in New Jersey is easy with Great Energy 1. Our team helps your business find the best gas and electric rates with three simple steps.
1. Connect with Our Energy Experts
Start by sharing details about your business, including your address, contact information, and estimated monthly energy bill.
2. Let Us Curate Your Best Plans
We create a personalized quote with top energy plans in your area, helping you find the lowest rates available.
3. Sign Up & Start Saving!
Choose the plan that fits your business needs, sign your contract, and enjoy a smooth transition with our team guiding you every step of the way.
Helping Businesses Across New Jersey Thrive
Whether your utility is Jersey Central Power & Light, Public Service Electric & Gas, or another provider in New Jersey, we help your business secure low energy rates. No matter where you are located, our experts make it easy to find the perfect plan, saving you time and money.
Maximize Your Energy Savings with Great Energy 1
From your first step to contract renewal, our expert brokers guide your business every step of the way. For years, we have helped businesses unlock savings and gain stability with smart energy solutions.
1. Secure Lower Rates
We use your energy usage data and our trusted supplier network to find the most competitive electricity and gas rates.
2. Customized Energy Plans
Whether you run a small shop or a large corporation, we create energy plans tailored to your budget and business goals.
3. Year-Round Support
Receive ongoing support from a dedicated account manager who provides expert guidance and real-time market insights designed for your business.
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Low-Risk Energy Plans in New Jersey
1. Fixed Rate Plan
Lock in a New Jersey energy rate you’re comfortable with for your contract term. This plan provides long-term budget predictability and protects you from market fluctuations.
If you like your current supplier, this plan allows you to renegotiate rates mid-contract by agreeing to longer contract terms, giving you flexibility and control.
3. Capacity Passthrough
This plan offers stable supply rates with separate capacity charges, making it easier to manage your energy bills and plan your expenses.
Strategic Energy Plans in New Jersey
Different businesses have different energy needs. Great Energy 1’s experts help you navigate various plans to find the one that fits your business best.
1. Index Pricing
This plan follows the wholesale market index, so your energy bill can fluctuate with market changes.
2. Block & Index
Most of your energy usage is purchased in bulk at a fixed rate, while any extra usage is bought at the current market price.
3. Flip to Fixed
This plan starts with market-based index pricing and switches to a fixed rate when market prices drop, giving you stability and savings.
Your Guide to Energy Choice
New Jersey’s energy choice program gives businesses the power to choose their energy provider. With many options available, you can compare gas and electric rates to find the best plan. Great Energy 1’s dedicated advisors are here to guide you, helping your business make smart energy decisions and save on costs.
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What Renewable Energy Credits (RECs) Are Available?
Businesses in New Jersey can purchase Renewable Energy Credits (RECs) to offset carbon emissions. RECs help companies meet sustainability goals when direct renewable installations, like solar panels, are not feasible.
What is the Clean Energy Program in NJ?
This statewide program supports energy-efficient upgrades and the adoption of renewable energy. Businesses can access rebates, incentives, and financing when they commit to greener practices.
What EV Charging Grants Are Available?
New Jersey provides grants and incentives to install electric vehicle (EV) charging stations. These programs help businesses promote cleaner transportation and achieve sustainability goals.
What Role Does PJM Play in the Energy Grid?
PJM manages the regional energy grid, balancing supply and demand and running wholesale markets. Its auctions impact New Jersey electric rates, influencing local utilities and suppliers.
What is the Role of the NJBPU?
The New Jersey Board of Public Utilities (NJBPU) regulates utilities, protects consumers, ensures fair competition, and supports the state’s move toward sustainable energy.
A Trusted Partner for New Jersey Industries
Great Energy 1 provides top energy solutions for businesses of all sizes, from small shops to large companies. We help you control costs and improve efficiency with energy plans designed to keep your operations running smoothly. With flexible options and expert guidance, your business can save money while getting the reliable energy it needs to grow and succeed.
Warehouses
Lower gas & electricity costs, improve efficiency, and keep warehouse operations running smoothly with reliable power solutions.
Schools
Create a comfortable, cost-effective, and sustainable learning environment for students and staff with smart electricity & gas management.
Office Buildings
Reduce expenses, enhance workplace comfort, and support sustainability with gas & electricity-efficient solutions for office spaces.
Nursing Homes
Ensure safety, comfort, and reliable electricity & gas for nursing homes, keeping residents and staff at ease.
Shopping Centers
Save gas & electricity costs, improve lighting, and create a better shopping experience for businesses and customers.
Property Management
Optimize electricity & gas use, lower costs, and improve sustainability for residential and commercial properties.
Manufacturing Companies
Boost production efficiency, reduce gas & electricity costs, and keep manufacturing operations running without interruptions.
Answers to Common Questions
Frequently Asked Questions
As of November 2025, the average commercial electricity rate in New Jersey is 18.69¢ per kilowatt-hour, up from 15.84¢ per kilowatt-hour in July 2024. Electricity bills have risen recently, making it important to use energy choice programs to secure lower, stable rates.
Switching suppliers with Great Energy 1 is almost immediate, but it may take one to two billing cycles for the change to appear on your bill, depending on your utility’s schedule.
Yes. Commercial businesses may face charges based on their highest energy use during peak hours. Managing usage during these times can help lower electricity costs.
Extreme hot or cold weather increases demand for heating and cooling, which can raise rates. Seasonal storms and supply strain can also lead to higher energy costs.
Absolutely. Energy choice helps businesses of all sizes find the best natural gas and electricity rates in New Jersey, giving them more control over utility costs.
Yes. Most suppliers offer 12-month, 24-month, and 36-month contracts. Multi-year agreements are a good option for businesses looking for rate stability.
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