Cape May, New Jersey electricity rates - plans that match your needs

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Electricity Providers in Cape May, New Jersey

About 2,768 residents regard Cape May as home, which makes the city the 405th most populous city in the state of New Jersey.

There is an extremely competitive deregulated electricity market in Cape May, with electricity companies vying for business. This competition among Cape May energy companies has made competitive power plans available to Cape May residents for lower rates. However, consumers should be wary of fly-by-night energy suppliers who employ questionable advertising and purposefully false plan terms to get ahead of their rival companies.

You can use FindEnergy.com to avoid these types of fraudulent energy suppliers. There are various electricity suppliers in the Cape May area; you can learn more about them on the Find Energy marketplace. Our website has collaborated with reputable energy suppliers to give you the most competitive energy plans available in Cape May.

Fill in your zip code to start saving on your energy bill immediately. Or you can view our most trusted retail electric providers in the list below.

Cape May, NJ Residential Electricity Rates

Residential

Cape May Averages

Rate22.82¢
Usage1,361 kWh
Bill$311

New Jersey Averages

Rate16.37¢
Usage665 kWh
Bill$109

United States Averages

Rate14.11¢
Usage893 kWh
Bill$126

The average price of residential electricity in Cape May is 22.82 cents for every kilowatt-hour. Put this side-by-side to the state’s current average electricity rate of 16.37 cents for every kilowatt-hour, and the national average electricity rate of 14.11 cents for every kWh.

The average monthly electricity bill that residents pay in the Cape May area is $310.75. Compare this to the $108.85 statewide monthly electricity bill average and the $125.95 countrywide monthly electricity bill average.

Your electricity expenses may be substantially different from the averages listed above depending on the amount of electricity you consume every month. Energy plans aren’t so cut-and-dry, and the correlation between monthly kWh usage levels and particular energy rates is one that leaves a lot of consumers confused.

We eliminate this confusion by only including plans with an easy to understand TOSs on our website. You can find out essential information about your energy plan in the Terms of Service (TOS). Reading the Terms of Service will help you achieve a more thorough knowledge of the terms, conditions, and price information of your energy plan.

Our team at Find Energy has read through stacks of TOSs and has compiled TOS highlights on the many different energy offerings available in your area. Our company is keen on helping Cape May residents make the right energy decisions; our website provides crucial energy information, including the conditions, terms, and prices of the most compelling energy plans available to you, as well as the most prominent energy suppliers that serve Cape May, New Jersey.

Get the best electricity plan available in the Cape May area—enter your zip code. Our company is committed to helping residents in Cape May, New Jersey look for the best-value residential electricity plans from only the most reputable energy companies in Cape May, New Jersey.

Here is a shortlist of the most attractive residential electricity plans you can get in Cape May, New Jersey.

Cape May, New Jersey Residential Electricity Plans

Residential

Cape May, NJ Commercial Electricity Rates

Commercial

Cape May Averages

Rate17.05¢
Usage23,574 kWh
Bill$4,020

New Jersey Averages

Rate13.34¢
Usage2,913 kWh
Bill$389

United States Averages

Rate11.16¢
Usage5,445 kWh
Bill$608

Cape May, New Jersey entrepreneurs pay an average rate of 17.05 cents for every kWh for their business electricity. Current statewide and countrywide average is priced at 13.34 cents for every kWh and 11.16 cents for every kWh respectively.

Cape May, New Jersey business owners pay $4,020.26 for their electricity every month, on average. You can compare this to the state monthly electricity bill, which averages $388.61; as well as the countrywide monthly energy bill, which averages $607.57.

Electricity is significantly relied upon in most industries in the US. Commercial electricity accounts regularly use significantly higher quantities of electricity than residential properties. With this average, It isn't hard to see how electricity costs can play quite a substantial role in a company's success. Committing some time now on reducing your electricity cost could result in savings for the entirety of your contract.

If you're in Cape May, New Jersey and you run a company that consistently gets a monthly energy bill of more than $3,000, FindEnergy.com can request our partner providers in the area to get you customized pricing rates for your company.

In our experience, Cape May area businesses that purchase a new electricity plan through our marketplace can reduce their monthly electricity bill by 15% to 25%.

Our marketplace offers the best business electricity plans in your location. Get the best commercial electricity plan available in Cape May, New Jersey—type in your zip code.

Here's a list of some of the most competitive commercial energy plans in your area.

Cape May, New Jersey Commercial Electricity Plans

Commercial

There are no Commercial plans available.

If you are on the fence about shopping for deregulated electricity rates, the following are a few key considerations you may want to keep in mind:

  • Fixed-rate plans equal no surprises - Nearly every single plan on our marketplace is a fixed rate plan, as our experience tells us that these types of plans are best for many people. Fixed rate plans enable consumers to know exactly what they will be spending per kilowatt-hour each month and provide them the opportunity to secure the most attractive rates in the market, even when the price of electricity rises.
  • Switching electricity companies doesn't result in a power interruption - Power never stops flowing to your establishment if you are already receiving service. In fact, about the only change you will notice is the reduced number on your new bill.
  • You'll save a considerable amount of money in the long-term without wasting time - Our hope is to seamlessly and effectively help your company to save money as soon as possible. We've built our shopping experience to be as hands free for you as possible. All you need to do is your information. After you confirm your account with us, Find Energy will take care of the remainder of the switching process. Find Energy will make certain that your establishment is enjoying only the best deals from the best electricity suppliers on the market.
  • Find Energy will take charge of the transition - There isn't any need for a “break up” call with your existing supplier if you are not under contract. If you haven't signed a contract with an electricity supplier, the entire switching process can be handled by Find Energy. If you aren't sure, however, our team can confirm it for you too. If you are under contract, we may still be able to find a way to save you money, so contact us!
  • There's no commitment to purchase - Shop. See your options. And allow Find Energy to get you the best plans for your company. It doesn't get any simpler than that! If you are not convinced by the prices you receive from us, then you don't have to do anything. You cansimply continue on with your current service. Only make the switch if it makes sense.

Find Energy is dedicated to getting you the best options in Cape May. To start saving on your monthly electricity expenses, just enter your zip code and answer the following questions.

Cape May, NJ Utility Company

As the primary utility provider in Cape May, the transmission of electricity is handled by Versant Power. Citizens of Cape May, New Jersey can report power interruptions or any other concerns to Versant Power.

If you want to contact Versant Power, you can do so at (207) 973-2000. Alternatively, you can get a hold of Versant Power here.

Cape May, New Jersey Electricity Rates Over Time

Residential

Historical Electricity Rates:

Price Per kWhAverage Bill$0.207/kWh$0.163/kWh$218.93/mo.$73.73/mo.

Commercial

Historical Electricity Rates:

Price Per kWhAverage Bill$0.207/kWh$0.163/kWh$218.93/mo.$73.73/mo.

Find the best plan for your needs

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Shop Electricity Providers by Zip Code in Cape May, NJ

  • 08204

Cape May, New Jersey Electricity FAQs

FAQ

Who provides the best electricity rates in Cape May?

Below are the best electricity services available in Cape May.

How do I find a renewable electricity plan in Cape May?

All you need to do is type in your zip code on this page, and you can browse all electricity plans sold in your location that are driven completely by green electricity. Search for the “100% Green” label!

What is the most affordable electricity supplier in Cape May?

Verde Energy is currently carrying a residential electricity plan at 9.79 cents per kWh, which is the most affordable power plan we presently have in our marketplace.

What electric company does Cape May, New Jersey use?

The following providers are our top electricity companies in Cape May:

How should I choose an electricity company in Cape May?

The quickest way to shop for an electricity company in Cape May is to make use of FindEnergy.com in comparing all the different pricing rates available to you right now. Similarly, you can visit the individual websites of each supplier and research what deals they are offering at the moment. We'd start with these companies:

How many providers are in Cape May?

A total of 5 suppliers presently offer electricity for sale in Cape May.

What is a good electricity rate in Cape May?

The lowest electricity rate available in Cape May is 9.79 cents per kWh, currently offered by Verde Energy.

Last Reviewed By: Matt Hope
Published: 2023-01-31