Jersey Central Power & Light

About Jersey Central Power & Light

Jersey Central Power & Light is an investor owned entity located in Morristown, New Jersey and providing electricity to customers in 13 counties in New Jersey such as the counties of Middlesex County, Essex County, Ocean County, Monmouth County, and Union County. Jersey Central Power & Light averages 16.33 cents per kilowatt hour billed to their consumers for residential electricity. This is 17.27% less than the state's average price of 19.74 cents. In 2023 Jersey Central Power & Light had sales to end customers totaling 11,722,015 megawatt hours. The electricity sourced by Jersey Central Power & Light is made up primarily of megawatt hours they purchased via wholesale channels. Of the total electricity sourced by the company, whole purchased made up 100.00%. In 2023 the provider had total electricity related revenue of $2,027,019,300, with 80.10% from retail sales and 0.01% from sales to the wholesale market.

The New Jersey average monthly residential electricity bill is $129.11, while the Jersey Central Power & Light average is 5.19% higher at $136.55 per month. Jersey Central Power & Light ranks 9th in the state for average monthly bill total. The supplier's consumers are faced with an average of 1.56 power outages per customer a year. These outages are on average 220.27 minutes, while the national average is 1.44 outages per consumer and 123.49 minutes each outage. The provider does not have ownership in any electricity generation facilities and all of the megawatt hours that they sell to their customers must be purchased wholesale from other providers.