Atlantic City Electric

Electricity Rates, Plans & Statistics

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About Atlantic City Electric

Atlantic City Electric provides electricity to 8 counties and is considered an investor owned organization. A total of 339 industrial customers, 46,616 commercial accounts and 449,958 residential customer accounts are supplied electricity by the provider. Atlantic City Electric's consumers are billed an average residential electricity rate of 18.99 cents per kilowatt hour. Unfortunately, this is 16.92% more than New Jersey's average rate of 16.24 cents. Approximately 4,804,403 megawatt hours were sold by the supplier to retail accounts in 2020 and 902,941 megawatt hours were sold to other providers via whole channels. Wholesale power purchases made up 100.00% of the total electricity sourced by the company and 6,187,246 megawatt hours were procured via the wholesale electricity market. Their total revenue in 2020 from electricity related activities was $1,245,511,600, with 3.67% coming from sales to the wholesale market.

Customers of the supplier have an average monthly residential electric bill of $131.6. This is 20.15% higher than the New Jersey average of $107.17. The company is not associated with any electricity production plants and all of the electricity that they sell to their consumers must be purchased from other companies.

Atlantic City Electric Net Metering

Consumers of Atlantic City Electric can take advantage of net metering solutions, which is a positive for both parties. The purchase of solar panels and alternative electricity sources is often prohibitively priced for individuals. Net metering allows purchasers of these electricity sources to sell extra electricity back to the electricity company, making the installation of these alternative sources economically viable.

Energy Loss

Providers routinely report energy lost through electricity transmission to government agencies who track infrastructure efficiencies. Atlantic City Electric recently reported a loss of 7.60% of the electricity generation amount. This percentage of loss gives them a ranking of 9th best out of 58 suppliers who report energy loss in the state.

Atlantic City Electric Rate & Electric Bills

Atlantic City Electric residential electric rates are highest in January and the highest average bill is in February.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.207/kWh$0.163/kWh$218.93/mo.$73.73/mo.
2852nd18.99¢Atlantic City Electric's Average residential price per kWh
2227th$131.6Average monthly electricity bill for Atlantic City Electric's residential customers

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Atlantic City Electric Overview

  • Company Type:Investor Owned
  • Parent Company:Exelon Corporation
  • Headquarters:2430 Atlantic Avenue
    Atlantic City, New Jersey 08405
    United States of America
  • CEO:Dave Velazquez

Atlantic City Electric Contact

Atlantic City Electric Service

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Energy Loss

Atlantic City Electric's energy loss due to business operations.

-7.60%

Total Energy Loss

470,255MWh

1320 National Rank

Atlantic City Electric Coverage Map

Coverage Map Placeholder

Atlantic City Electric State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
New Jersey496,913915,289,9245100%
1 states with service

Atlantic City Electric County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Atlantic County274,5345422.81$310.79/mo
Burlington County461,8605920.23$290.10/mo
Camden County523,4855620.88$293.17/mo
Cape May County95,2635422.81$310.79/mo
Cumberland County154,1525522.79$310.33/mo
Gloucester County302,2945622.19$305.03/mo
Ocean County637,2295719.13$287.53/mo
Salem County64,8375422.81$310.79/mo
8 counties with coverage

Cities Atlantic City Electric Has Coverage

* City coverage generated based on government data. Always verify you can get service from the provider.

Atlantic City Electric Reviews

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Atlantic City Electric FAQ:

What is the phone number for Atlantic City Electric?

The Atlantic City Electric phone number is (800) 642-3780.

What is the average bundled electricity rate for Atlantic City Electric customers?

Atlantic City Electric's current average bundled electricity rate is 18.99 cents per kilowatt hour (¢/kWh), compared to the average New Jersey bundled rate of 16.24 cents and the average national rate of 13.71 cents.

What cities does Atlantic City Electric have customers in to?

Atlantic City Electric supplies to 119 cities throughout the nation including New Jersey.

Who is the CEO of Atlantic City Electric?

Dave Velazquez is the current CEO of Atlantic City Electric.

How much is the average bundled bill for Atlantic City Electric customers each month?

Atlantic City Electric currently has an average monthly bundled electric bill of $131.60, compared to the New Jersey average of $107.17 and the national of $107.17 for bundled service.

Does Atlantic City Electric have a parent company?

Atlantic City Electric is a subsidiary of Exelon Corporation.

How many counties does Atlantic City Electric offer service to?

Atlantic City Electric sells electricity to customers in 8 counties.

Last Reviewed By: Fernando García
Published: 2022-08-01