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. There are 651 customer accounts served by the supplier. These customers are all residential properties. On average, Harborside Energy's consumers pay an electricity only residential rate of 15.63 cents per kilowatt hour, which is 32.60% higher than New Jersey's average electricity only price of 11.79 cents. They had sales of 3,968 megawatt hours in 2020 by way of retail sales. The megawatt hours sourced by the supplier primarily came from megawatt hours that they purchased via the wholesale market. They purchased 3,968 megawatt hours on the wholesale market. The supplier earned $620,100 in total revenue for 2020, which all came from retail electricity sales.

The average monthly residential electricity bill for an electricity only customer of Harborside Energy is $79.38 per month, while the New Jersey average is $89.59. 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.