Newark Electric & Gas Supply: PSE&G Territory, Third-Party Rates
PSE&G — Public Service Electric & Gas — delivers both electricity and natural gas to virtually every Newark address. New Jersey lets you replace PSE&G's Basic Generation Service with a Third Party Supplier while PSE&G keeps delivering and billing.
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Switch Both Electric + Gas in Newark — Save $140+/year
Newark is in a dual fuel deregulated state. You can switch both your electricity AND natural gas provider. Most customers who switch both save $140 or more per year.
About Energy Choice in Newark
Newark households almost universally take service from PSE&G, the largest combined electric-and-gas utility in New Jersey. Under the state's Electric Discount and Energy Competition Act, PSE&G is the wires-and-pipes company for the city, and any household can substitute a Third Party Supplier (TPS) for either the electric generation charge, the gas supply charge, or both.
The rate to beat on the electric side is called Basic Generation Service (BGS). New Jersey procures BGS through annual auctions run by the Board of Public Utilities, and the results — announced each spring — set the default supply rate for the following June through May. Newark residents who don't shop are auto-enrolled on BGS at whatever the auction cleared.
Because Newark sits inside PJM Interconnection and shares a wholesale power market with Philadelphia, Baltimore and DC, wholesale price swings that hit those cities generally hit Newark too. That's the argument for a fixed 12- or 24-month TPS contract: it decouples your Newark bill from the next BGS auction and from PJM capacity price shocks.
PSE&G continues to send one bill for both fuels no matter how many suppliers you use. A Newark household can, in theory, run electricity on one TPS, natural gas on a second TPS, and still see everything consolidated on the familiar PSE&G statement.
How It Works
Five simple steps to a better energy rate.
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Frequently Asked Questions
Who is Newark's utility for electricity and gas?
PSE&G (Public Service Electric & Gas) is the delivery utility for both electricity and natural gas in Newark. PSE&G maintains the lines and pipes, reads the meters and handles emergencies regardless of which supplier you choose.
What is Basic Generation Service (BGS) in Newark?
BGS is the default electricity supply rate PSE&G charges customers who haven't picked a Third Party Supplier. It's set annually through auctions run by the New Jersey Board of Public Utilities and takes effect each June.
Can I switch my natural gas supplier in Newark too?
Yes. New Jersey has natural gas choice, and PSE&G participates as the delivery utility. You can pick a competing gas supplier while PSE&G continues to deliver the fuel and respond to gas emergencies.
Does switching to a Third Party Supplier change my Newark bill format?
PSE&G still sends the bill. The 'supply' line just shows your new supplier and rate instead of BGS. Delivery, taxes and Societal Benefits Charges stay on PSE&G's side of the bill.
What number do I call for a power outage in Newark?
Call PSE&G at 1-800-436-PSEG (1-800-436-7734). Outage response is always PSE&G's responsibility in Newark, even after you switch to a competitive electricity or gas supplier.