Safe Harbor 18
- Rate 13.67¢ / kWh
- Contract Length 18 mo.
- Effective Date Aug 2023
- Green Energy 0%
- Plan seen in New Jersey
- Terms and Conditions
Electricity Rates, Plans & Statistics
Atlantic City Electric provides electricity to 8 counties and is considered an investor owned organization. A total of 335 industrial customers, 52,010 commercial accounts and 463,507 residential customer accounts are supplied electricity by the provider. Atlantic City Electric's consumers are billed an average residential electricity rate of 19.80 cents per kilowatt hour. Unfortunately, this is 17.86% more than New Jersey's average rate of 16.80 cents. Approximately 5,082,916 megawatt hours were sold by the supplier to retail accounts in 2021 and 1,230,865 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 6,722,298 megawatt hours were procured via the wholesale electricity market. Their total revenue in 2021 from electricity related activities was $1,423,607,000, with 6.08% coming from sales to the wholesale market.
Customers of the supplier have an average residential power bill of $130.86. This is 0.01% below the US average bill of $130.88. The company is not associated with any electricity production plants and all of the electricity that they sell to their consumers must be purchased from other companies.
Consumers of Atlantic City Electric can take advantage of net metering solutions, which is a positive for both parties. The purchase of solar panels and alternative electricity sources is often prohibitively priced for individuals. Net metering allows purchasers of these electricity sources to sell extra electricity back to the electricity company, making the installation of these alternative sources economically viable.
Providers routinely report energy lost through electricity transmission to government agencies who track infrastructure efficiencies. Atlantic City Electric recently reported a loss of 5.93% of the electricity generation amount. This percentage of loss gives them a ranking of 7th best out of 60 suppliers who report energy loss in the state.
Atlantic City Electric residential electric rates are highest in January and the highest average bill is in January.
Find out which plans are best for your home or business in your area and send a change request in minutes.
Atlantic City Electric offers a total of 9 plans for electricity. Plans are subject to change at any time and these may not be the plans currently offered.
Atlantic City Electric's energy loss due to business operations.
Total Energy Loss
1158 National Rank
|State||Customers||Sales ($)||State Rank Based On Revenue||% of Provider's Residential Sales in State|
|County||Population||Providers||Avg. County Rate (¢)||Avg. Electric Bill|
|Cape May County||95,488||54||24.21||$170.69/mo|
* City coverage generated based on government data. Always verify you can get service from the provider.
The Atlantic City Electric phone number is (800) 642-3780.
Atlantic City Electric's current average bundled electricity rate is 19.80 cents per kilowatt hour (¢/kWh), compared to the average New Jersey bundled rate of 16.80 cents and the average national rate of 15.39 cents.
Atlantic City Electric supplies to 119 cities throughout the nation including New Jersey.
Dave Velazquez is the current CEO of Atlantic City Electric.
Atlantic City Electric currently has an average monthly bundled electric bill of $130.86, compared to the New Jersey average of $104.67 and the national of $104.67 for bundled service.
Atlantic City Electric is a subsidiary of Exelon Corporation.
Atlantic City Electric sells electricity to customers in 8 counties.