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New Jersey Energy Choice

Price to Compare

Below are the necessary steps to compare prices and help calculate your potential savings.

To calculate your savings, determine the difference between Atlantic City Electric's "Price to Compare" and the price of other Electric Generation Suppliers participating in the NJ Energy Choice Program by subtracting one from the other. If the supplier’s price is less than the "Price to Compare", you’ll save money. Multiply that difference by your average monthly kilowatt-hour (kWh) usage to determine your average monthly and annual savings.

1. Look at the "Price to Compare" chart to determine your correct rate.

New Jersey Residential Price to Compare (cents per kWh)

Rate Class 1/1/07 6/1/07
Residential Service (RS) 9.93 10.07
Residential Time of Use (RSTOU) 9.76 10.09

The above prices are rate schedule averages.

2. The following is an example using the residential (RS) rate class.

Atlantic City Electric

"Price to Compare"/kWh
Prospective Supplier* Price/kWh
Difference/kWh
Avg. Monthly kWh Usage
Avg. Monthly Savings
 
Avg. Annual Savings 		  10.07
−  9.57
= 0.5
× 750
= $3.75
× 12
= $45.00 		cents/kWh
cents/kWh
cents/kWh

*An example using a fictional price. your savings will differ based on the price of the actual supplier you choose.

3. You can print and use the form below as a calculation worksheet.

Fill in the information on line 1, 2 and 3 to calculate your monthly and annual savings.

1. Atlantic City Electric's Price to Compare kWh cents/kWh
2. Suppliers Price to Compare kWh – cents/kWh
Difference kWh = cents/kWh
3. Average Monthly kWh Usage × kWh
Average Monthly savings = $
×12
Average Annual savings = $