Harborside Energy

About Harborside Energy

Harborside Energy serves 255 cities in New Jersey such as the cities of Toms River CDP, Lakewood CDP, Sayreville, Long Branch, and Old Bridge CDP. The entity is a retail power marketer. Presently, 472 consumers are supplied electricity by the supplier. These customers are a mix of 468 residential customer accounts and 4 commercial accounts. Harborside Energy's patrons are billed an average electricity only residential rate of 23.06 cents per kilowatt hour, which is, unfortunately, 127.31% above the average US electricity only service rate of 10.14 cents. They had sales of 3,282 megawatt hours in 2022 by way of retail sales. Of the megawatt hours they sourced, 3,282 megawatt hours were purchased on the wholesale electricity market. In 2022 they had total electricity related revenue of $753,000, with 100.00% from retail sales.

The average monthly residential electricity bill for an electricity only customer of Harborside Energy is $132.69 per month, while the New Jersey average is $115.54. 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.