Harborside Energy

About Harborside Energy

Harborside Energy serves 578 cities in New Jersey such as the cities of Newark, Jersey City, Paterson, Elizabeth, and Toms River CDP. The entity is a retail power marketer. Presently, 371 consumers are supplied electricity by the supplier. These customers are a mix of 366 residential customer accounts and 5 commercial accounts. Harborside Energy's patrons are billed an average electricity only residential rate of 23.48 cents per kilowatt hour, which is, unfortunately, 87.11% above the average US electricity only service rate of 12.55 cents. They had sales of 2,739 megawatt hours in 2023 by way of retail sales. Of the megawatt hours they sourced, 2,739 megawatt hours were purchased on the wholesale electricity market. In 2023 they had total electricity related revenue of $528,200, with 100.00% from retail sales.

The average monthly residential electricity bill for an electricity only customer of Harborside Energy is $117.37 per month, while the New Jersey average is $117.48. The provider does not have ownership in any electricity generation facilities and all of the power that they sell to their customers must be purchased from other companies.