Park Ridge, New Jersey Electric Utility

Electricity Rates, Plans & Statistics

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About Park Ridge, New Jersey Electric Utility

Park Ridge, New Jersey Electric Utility supplies electricity in Park Ridge, New Jersey and rural areas of Bergen County. A total of 3,830 customers (89.56% residential accounts and 10.44% commercial accounts) purchase their electricity from the company. Park Ridge, New Jersey Electric Utility bills their consumers a residential electricity price of 15.57 cents per kilowatt hour on average. Fortunately, this is 4.87% lower than the state's average rate of 16.37 cents, which ranks the provider 8th lowest for average electricity price out of 25 companies in New Jersey. Park Ridge, New Jersey Electric Utility had total sales and disposition of 60,284 megawatt hours in 2019, of which 56,445 megawatt hours were from sales to end users. The purchase of wholesale electricity made up 100.00% of the electricity sourced by the company. The revenue for Park Ridge, New Jersey Electric Utility for 2019 from electricity sales was $9,070,000, with $8,955,000 coming from retail sales to end users.

The average residential electric bill for a customer of Park Ridge, New Jersey Electric Utility is $114.15 per month. The supplier is not associated with any power facilities and all of the electricity that they sell to their consumers must be purchased wholesale from other companies.

Park Ridge, New Jersey Electric Utility Net Metering

Park Ridge, New Jersey Electric Utility offers net metering options to their consumers. This makes it cheaper for people to install solar and other electricity options as they have the ability to sell unneeded kilowatt hours into the grid.

Park Ridge, New Jersey Electric Utility Rate & Electric Bills

Park Ridge, New Jersey Electric Utility residential electric rates are highest in January and the highest average bill is in October.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.156/kWh$0.153/kWh$118.66/mo.$114.15/mo.
2600th15.57¢Park Ridge, New Jersey Electric Utility's Average residential price per kWh
1598th$114.15Average monthly electricity bill for Park Ridge, New Jersey Electric Utility's residential customers

Park Ridge, New Jersey Electric Utility Overview

  • Company Type:Municipal
  • Headquarters:53 West Park Avenue
    Park Ridge, New Jersey 07656
    United States of America
  • Director/Superintendent:Paul Longo

Park Ridge, New Jersey Electric Utility Contact

Park Ridge, New Jersey Electric Utility Service

  • Outage Phone:(201) 391-3533

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Park Ridge, New Jersey Electric Utility Coverage Map

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Park Ridge, New Jersey Electric Utility State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
New Jersey3,8308,693,00017100%

Park Ridge, New Jersey Electric Utility County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Bergen County955,7325819.03$302.65/mo

Park Ridge, New Jersey Electric Utility Reviews

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Park Ridge, New Jersey Electric Utility FAQ:

What is the average bundled bill for Park Ridge, New Jersey Electric Utility customers each month?

Currently, the average monthly bundled electric bill for customers of Park Ridge, New Jersey Electric Utility is $114.15. The state average bundled bill is $108.85 and the US average is $108.85.

Who is the CEO of Park Ridge, New Jersey Electric Utility?

The CEO of Park Ridge, New Jersey Electric Utility is Paul Longo.

What is the phone number for Park Ridge, New Jersey Electric Utility?

Park Ridge, New Jersey Electric Utility's customer service phone number is (201) 391-2113

What is the average bundled electricity rate for Park Ridge, New Jersey Electric Utility customers?

Park Ridge, New Jersey Electric Utility's current average bundled electricity rate is 15.57 cents per kilowatt hour (¢/kWh), compared to the average state bundled rate of 16.37 cents and the average United States rate of 14.11 cents.

Last Reviewed By: King Manalo
Published: 2022-08-01