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

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Electricity Providers in Cape May, New Jersey

Cape May encompasses 2.9 square miles and has 2,768 residents. The city is located in Cape May County, NJ. The citizens of Cape May have many choices for procuring electricity. The deregulated electricity market allows for suppliers to compete for the dollars of the area's population. A disadvantage to deregulation is that where there is a money-making opportunity, there is sometimes the opportunity for confusing or misleading rates and plans. Find Energy has built a marketplace that consumers can shop and purchase electricity plans in with trust in the providers that we list.

In a deregulated market a consumer receives service from a Retail Electric Provider (REP) and a utility company. The REP is who the consumer will procure their electricity from and the utility will handle the transmission of the electricity. Consumers may not have a choice in their utility company, the purpose of a deregulated market is to provide plenty of choices when it comes to procuring their electricity from an REP. Many people land in the analysis paralysis cycle, as there are 14 REPs offering electricity in Cape May. We've narrowed down that number to the companies below. Most of these companies also have plans available in our marketplace.

Cape May, NJ Electricity Rates & Bills

It is routine for suppliers to have convoluted terms and conditions for their electricity rates, making it difficult for consumers to effectively compare these plans. We've made it our goal to show plans in our marketplace with simple rates and conditions so that you are able to choose them with confidence. The terms and conditions attached to your plan should be viewed at before committing to a plan. The terms and conditions document makes it plain and simple what to look for once your new, lower, electricity bills start arriving.

Tendencies for electricity rate fluctuations in the Cape May area are viewable below.

Cape May, New Jersey Electricity Price Trends

Residential

Cape May Averages

Rate22.81¢
Usage1,363 kWh
Bill$311

New Jersey Averages

Rate16.24¢
Usage660 kWh
Bill$107

United States Averages

Rate13.67¢
Usage885 kWh
Bill$121

Commercial

Cape May Averages

Rate22.81¢
Usage1,363 kWh
Bill$311

New Jersey Averages

Rate16.24¢
Usage660 kWh
Bill$107

United States Averages

Rate13.67¢
Usage885 kWh
Bill$121

Cape May, NJ 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.

Current Average Rates, Consumption & Bill Amounts in Cape May, New Jersey

  • Cape May's average residential electricity price is 22.81 cents per kilowatt-hour. For comparison, the New Jersey state average is 16.24 cents and the US average is 13.67 cents.
  • Cape May citizens average a monthly residential electricity bill of $310.79. The average in the state is $107.17 per month and the average in the US is 120.98 per month.
  • Commercial rates in the city presentlyaverage 17.03 cents per kilowatt-hour, compared to 13.10 cents for the New Jersey average and 10.73 cents for the US average.
  • The average commercial monthly electricity bill in the city is $4,019.36. The New Jersey average is $371.62 and the nationwide average is 578.13.

Residential

Commercial

Cape May, NJ Commercial Electricity

Almost all businesses use a notable amount of electricity to deliver their product or service, so making sure you procure a competitively priced electricity plan could make a huge impact on business expenses. Our process is incredibly easy and quick. Your company may be able to save thousands of dollars, even if the alternative rates are only half a cent less than your existing rate. What you save really does add up! With a more competitive electricity rate, your business (regardless if it's big or small) can save significantly on your monthly electricity bill.

Our Team is dedicated to providing attractive business electricity rates from the largest and most trusted companies who are based in the Cape May area. If your organization shells out a few thousand dollars or more a month on electricity, Find Energy can request a more attractive rate than the normal commercial plans by having the suppliers compete for your business. Personalized pricing allows you to enjoy the lowest rate available for your business. Don't throw away sizeable savings by losing out on the most compelling electricity plans available in Cape May.

Find the best plan for your needs

Compare electric rates in your area with your ZIP code


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. After this short and thorough process, you will notice your company's electricity bills decrease by as much as 15% to 25%.

Cape May, NJ's Utility Company is Versant Power

The biggest utility company in charge of providing power to your city is Versant Power. At any point in time that your neighborhood or organization loses electricity, you must report this interruption directly to the utility company. Reporting a power outage to Versant Power is very easy. You can do it online on Versant Power's website at website, or through the phone at (207) 973-2000.

Shop Electricity Providers by Zip Code in Cape May, NJ

  • 08204

Cape May, NJ 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?

Direct Energy is currently carrying a residential electricity plan at 8.79 cents per kWh, which is the most affordable power plan we presently have in our marketplace.

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 14 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 8.79 cents per kWh, currently offered by Direct Energy.

Last Reviewed By: Matt Hope
Published: 2022-08-05