Energy deregulation in New Jersey allows customers to choose their electricity and natural gas suppliers. This provides customers with a choice of competitive energy suppliers, while the delivery, transmission, and distribution of power remains the responsibility of the current, local, regulated power company, and service reliability remains steady.
When more people take advantage of deregulation, the marketplace responds accordingly. Almost all consumers in deregulated markets can benefit from lower electricity and natural gas prices. However, switching energy providers to save money can be complex.