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Spark Energy Enters PSE&G Residential Market
May 23, 2011
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Spark Energy has begun offering residential electric service at Public Service Electric & Gas.
Spark is offering a 12-month fixed rate of 10.49 cents per kilowatt-hour. Spark said that for a customer using 850 kWh of electricity a month, its rate represents a 10 percent savings off of PSE&G's rates expected to become effective June 1, 2011.
The residential product includes an early termination fee of $100.
Spark also offers residential gas at PSE&G, with a monthly variable product currently priced at 64.8 cents per therm.
Spark offers commercial electric and gas service at PSE&G as well.
PSE&G is the only residential market in New Jersey where Spark currently has an active offer.
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