Consumers and small businesses in New Jersey pay some of the highest electric bills in the country. But that situation is starting to change: A growing number of power suppliers are undercutting the prices charged by the utilities. Customers are free to shop around and pay less for the electricity they use to keep the lights on and get things done.
But how can customers and small businesses be sure they’re making the best choices when it comes to signing on with an alternative power supplier? What can policymakers do to make it a level playing field, ensuring third-party power suppliers can offer cheaper deals to ratepayers than those offered by the incumbent utilities? And what can New Jersey do to make it easier to shop for electricity? Those and other essential questions were explored in the NJ Spotlight Roundtable Series: Cutting Consumer Electric Bills Down to Size.
Paul E. Flanagan, Esq., Litigation Manager, Division of Rate Counsel; Jay L. Kooper, Director of Regulatory Affairs, Hess Corp., and NJ State Chairman, RESA; Ev Liebman, Associate State Director, Advocacy, AARP; Stephen B. Wemple, Vice President of Regulatory Affairs, Con Edison’s Competitive Shared Services company; Aundrea Williams, Senior Director of Regulatory Strategy and Policy, NRG
Chapter 1: Introductions and Opening Remarks
Commercial power customers in NJ already take advantage of a host of alternative providers. What’s needed to nudge residential customers beyond utility-supplied default service?
Chapter 2: Roundtable Discussion
Dealing with bad debts and late payments. At issue: Third-party suppliers are licensed, but their returns are unregulated.
DVDs and digital downloads of the NJ Spotlight Roundtable Series can be purchased here.