Energy in New Jersey

New Jersey suffers from some of the highest and most volatile energy costs in the nation. As a result of deregulation, New Jersey's utilities now simply deliver energy, with gas or electric supply being auctioned periodically and supplied at seasonally averaged rates. Also, New Jersey's utilities have encouraged large users to seek alternate energy suppliers by subjecting their accounts to hourly market pricing for electricity. New Jersey's steadily rising costs fuel a market where on-site power generation makes better sense every day.

Marson Energy has carefully studied the energy situation in New Jersey in order to provide cost effective solutions for energy users. Marson Energy's engineers have decades of energy experience in New Jersey, including power plant development and permitting, energy consulting, and negotiation with New Jersey's utilities. Our staff regularly reviews the rate tariffs of the state's utilities and is familiar with both BGS and CIEP (market rate) pricing. The new 2006 BGS rates were a large increase over 2005, after three years of consecutive rate increases.

Marson Energy sees the growing availability of market pricing as an opportunity to generate power on-site and intelligently balance energy costs. Many large commerical and industrial customers use electricity around the clock and can make use of cheap off-peak rates to great benefit. An on-site power plant operating on a peak shaving schedule - operating when most economical based on market electricity prices - can have a major impact on energy costs. With recovered heat, the cost savings can be even greater. Peak shaving can help to balance your overall energy costs seasonally, reducing summer electric bills and winter natural gas bills.

New Jersey has also provided funding for combined heat and power (CHP) programs through the New Jersey Clean Energy Program. The current program is similar to that in place for 2004 and 2005. In those years the program funds were applied to a number of successful projects with support of 30 to 50% of project cost, based on technology applied.

Marson Energy can help your business remain competitive and remain in New Jersey. Give us a call at (570) 663-9292 and let us show you how.