NJ Electricity Rates Are Increasing
Starting June 1, electricity rates in New Jersey are set to rise by up to 20%, impacting utility customers. These price hikes, driven by the state's energy auction, where power generation companies bid to supply electricity to utilities. The auction determines the wholesale price of electricity, which utilities then pass directly to consumers. These price increases will hit hardest during the peak summer months when energy use is at its highest.
The good news? You have a choice—you don’t have to stay with your utility’s default rate. As an energy broker, Sprague helps businesses navigate the market to find competitive electricity rates. By working with us, you can explore alternative suppliers, secure a better rate, and take control of your energy costs.
We Put the Partner in Energy Partner
For over 150 years, industries have relied on Sprague for their energy needs. Headquartered in New Hampshire and serving the Northeast and Mid-Atlantic regions, our extensive experience and strong client relationships define us as a trusted, independent energy broker. With flexible pricing and tailored plans, we’re committed to finding the right solution for your business.
Unlike utilities, Sprague offers customized plans designed to help you manage your electricity supply costs effectively.
Budget Certainty & Pricing Flexibility
- Lock in rates, providing more budget certainty
- Choose from a wide range of energy products
Local Energy Expertise & Insight
- Experts in navigating energy market shifts
- Strategic insight to optimize your energy decisions
Account Monitoring & Management
- Access to MySprague.com online account portal
- Dedicated Customer Care team to assist with any questions or concerns
How to Take Control of Your Energy Costs
No matter the size of your business, Sprague is here to help you navigate the energy market. As an experienced energy broker, we work on your behalf to find competitive electricity rates and develop a purchasing plan that fits your needs. Contact us today, and one of our energy experts will guide you through your options—so you can secure the best rate available.
Getting started is simple. Just send us a copy of your latest electric bill, and we’ll handle the rest—ensuring a smooth and hassle-free transition to a better rate.
Your Energy Advisor
Act now to take control of your energy costs with Sprague before prices increase!
Mike Jahangani | Director, NG Sales
mjahangani@spragueenergy.com
732.982.8486