PSEG approves you switching service providers under the new Gas & Electric Dergulation Law…..Really!

January 17, 2011

As presented by Public Power (An overview of the deregulated electric in the residential market)

Many of those that are considering switching over are a little confused about what is actually happening.

You are not switching your gas & electric company, you are only switching service providers.

What this means,for example:

If PSEG is your current Gas & Electric Company. They will remain your Utility company. They will still service your home if you have a problem or power outage etc. You will still receive and pay your Bill thru PSEG. What you are doing is simply switching where your Gas and Electric is coming from.  In this case you will be asking PSEG to simply obtain your Gas & Electric from Public Power,LLC instead of their current provider. Currently Public Power per Kilowatt rate is cheaper than PSEG ‘s provider. You can check on your rate by looking at your BILL and looking up the kWh rate.

Then go to  https://ppandu.com/historical_rates.php to check Public Powers’s historical rates for other areas they currently service. Though rates vary from month to month, you will find they have been historically lower then PSEG, Con Ed and many other NY & NJ utility providers.

Actual electric rates for 2009 in January were 11.2 for Public Power and Utility (PP&U), Feb 2010, 9.999*, 11.051*, 11.568*. Jan 2010, 9.999*, 11.051*, 11.568*

PSEG Sept 2010 Average Residential rate is 12.00 per kWh

Currently if you are using under 600 kWh per month you are paying about 11.46 per kWh. If you never exceed that all year then your rate will stay at about 11.46.

 But as soon as you go over 600 Kwh June thru Sept,that part of your bill is jacked up to about 12.34 per kwh. So on average if you are using from 601 kWh and more during the year, the blended average rate is about 12.00 per kwh.  Understand above ONLY reflects the cost of electricity, not the PSEG delivery charges etc. The rates we are concerned with are just the BGS Energy charges, which on your bill is the “Rate to Compare” when you are considering a 3rd party supplier for your electric such as Public Power.

SEE BELOW THE PSEG RATE(TARRIF) Chart (approved June 2010) Note the highlighted rates

PUBLIC SERVICE ELECTRIC AND GAS

COMPANY           Twenty-Eighth

Revised Sheet No. 67 Superseding     

B.P.U.N.J. No. 14 ELECTRIC                                             Twenty-Seventh Revised Sheet No. 67  

BASIC GENERATION SERVICE – FIXED PRICING (BGS-FP)
ELECTRIC SUPPLY CHARGES 

APPLICABLE TO: 

Default electric supply service for Rate Schedules RS, RSP, RHS, RLM, WH, WHS, HS, BPL, BPL­POF, PSAL, GLP and LPL-Secondary (less than 1,000 kilowatts). 

BGS ENERGY CHARGES: 

Applicable to Rate Schedules RS, RHS, RLM, WH, WHS, HS, BPL, BPL-POF and PSAL           Charges per kilowatthour: 

Rate 

Schedule 

For usage in each of the 

months of 

October through May 

For usage in each of the 

months of 

June through September 

 

    Charges

 

   Charges 

Charges  Including SUT  Charges  Including SUT 
RS –first 600 kWh  11.4627 ¢  12.2651 ¢  11.4356 ¢  12.2361 ¢ 
RS – in excess of 600 kWh  11.4627 ¢  12.2651 ¢  12.3477 ¢  13.2120 ¢ 
RHS – first 600 kWh  9.8139 ¢  10.5009 ¢  10.9809 ¢  11.7496 ¢ 
RHS – in excess of 600 kWh  9.8139 ¢  10.5009 ¢  12.2005 ¢  13.0545 ¢ 
RLM On-Peak  16.1526 ¢  17.2833 ¢  15.6936 ¢  16.7922 ¢ 
RLM Off-Peak  7.4633 ¢  7.9857 ¢  7.8736 ¢  8.4248 ¢ 
WH  9.5068 ¢  10.1723 ¢  10.6903 ¢  11.4386 ¢ 
WHS  7.7482  8.2906 ¢  8.9246 ¢  9.5493 
HS  10.3708 ¢  11.0968 ¢  13.9608 ¢  14.9381 
BPL  7.3379  7.8516 ¢  7.6450 ¢  8.1802 ¢ 
BPL-POF  7.3379 ¢  7.8516 ¢  7.6450 ¢  8.1802 ¢ 
PSAL  7.3379 ¢  7.8516 ¢  7.6450 ¢  8.1802 ¢ 

 

The above Basic Generation Service Energy Charges reflect costs for Energy, Generation Capacity, Transmission, and Ancillary Services (including PJM Interconnection, L.L.C. (PJM)  Administrative Charges). The portion of these charges related to Network Integration Transmission Service, including the PJM Seams Elimination Cost Assignment Charges, the PJM Reliability Must Run Charge and PJM Transmission Enhancement Charges may be changed from time to time on the effective date of such change to the PJM rate for these charges as approved by the Federal Energy Regulatory Commission (FERC). 

Kilowatt threshold noted above is based upon the customer’s Peak Load Share of the overall summer peak load assigned to Public Service by the Pennsylvania-New Jersey-Maryland Office of the Interconnection (PJM). See Section 9.1, Measurement of Electric Service, of the Standard Terms and Conditions of this Tariff. 

Note: Hutchinson Business Solutions has been providing independent deregulated energy management solutions for corporate clients for over 10 years. Although we do not currently provide these services to the residential market, we felt that it is important to make this information available to the general public, since many residential customers are now looking at this opportunity.

Date of Issue: May 20, 2010-Effective: June 1, 2010
Issued by FRANCES I. SUNDHEIM, Vice President and Corporate Rate Counsel
80 Park Plaza, Newark, New Jersey 07102
Filed pursuant to Order of Board of Public Utilities dated March 1, 2010
in Docket No. E009050351

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