We buy electricity for
customers who have not chosen to purchase electricity from a licensed
competitive electric provider. Called the Basic Generation Service (“BGS”)
program, this program is approved by the New Jersey Board of Public Utilities.
Each year in June (for the summer) and in October (for the winter), supply
rates from the BGS program are adjusted to reflect the cost of power that Atlantic
City Electric buys on behalf of its customers.
For an average Atlantic City residential account,
with usage of about 650kWh, the combined new summer and winter BGS supply rate beginning
June 1, 2014 through May 31, 2015 will reduce the average monthly bill by about
$3.00 or a decrease of about 3.00 percent.
Jersey Electric Tariff