The New Jersey service territory will also serve customers in Eastern Pennsylvania within the PECO, MetED, and PPL service territories.

Star Energy Partners offers great green energy options including renewable sources like wind, biomass, hydro, and solar power. As a customer, you can also purchase Renewable Energy Credits (RECs) to support the ongoing investment in clean and renewable energy in your area!

“We are so pleased to be opening an office in Cherry Hills to better serve our customers in New Jersey and Eastern Pennsylvania,” said Greg Craig, CEO of Star Energy Partners. “We are excited to offer customers our exceptional pricing, price protection features, and our commitment to 100% green!”

New Jersey customers will now be able to enjoy several benefits when purchasing their energy from Star, including:

• Simple Process – You’ll receive the same energy bill from the same utility company delivering energy to your state’s homes and businesses.
• Price Protection – Lock in a new price-protected fixed rate that does not vary with the rest of the energy market.
• Expertise – Take advantage of our expert advice to help conserve energy, reduce costs, and improve your carbon footprint.
• Superior Service – We offer a high level of service to all of our customers—we’re just a call, email, or click away!
• Referral Rewards ­– Successfully refer a friend to a green energy plan with Star Energy Partners and earn some significant cash and rewards.

About Star Energy Partners

Star Energy Partners, based in Akron, Ohio, is a premier energy provider, focused on bringing energy solutions to the homes and businesses in the areas of Ohio, Pennsylvania, and New Jersey. Star Energy Partners offers competitive pricing and cost-saving solutions to their customers while measuring success through value and customer satisfaction.

Visit starenergypartners.com to learn more about Star Energy Partners!

Click here to view the official press release!

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Here is the story of New Jersey’s path to energy deregulation, 17 years in the making!

What is energy deregulation?

Simply put, energy deregulation means competition between retail energy providers and lower energy prices for energy consumers.

In a regulated energy market, energy customers only have one option for receiving their electricity. This system doesn’t provide consumers with any agency or choice whatsoever. On the other hand, a deregulated energy economy offers consumers the option to choose an energy provider. Having more than one game in town creates competition, and that inevitably drives down the overall price of electricity in deregulated energy markets.

New Jersey’s journey to energy deregulation

It all started in 1999, when the New Jersey Board of Public Utilities introduced a bill to deregulate the state’s energy industry for residential customers. The bill, which would become the Electric Discount and Energy Competition Act (EDECA), gave New Jersey energy consumers all the rights of a deregulated energy economy: the ability to shop around for the best energy provider based on their budget and energy requirements.

Conectiv, an independent utility provider based in Carney’s Point, says that deregulation has lowered their customers’ rates by 10.2% and saved them roughly $290 million in the four short years since the act’s inception.

The transition wasn’t quite as simple as that, though. While the energy delivery companies (or Energy Service Companies) have largely stayed the same, the way energy is transmitted to consumers has changed. Third-party suppliers are now the ones in competition with other companies who used to dominate their markets. This, along with legislation and oversight to keep healthy competition alive, is what has led to lower prices for New Jersey residents.

If you want to learn more about the history of energy deregulation in New Jersey, check out this insightful article from The New Jersey Cooperator! You can also learn more about the many benefits of energy deregulation for electricity consumers on our Bright Insights blog!

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“At Star Energy Partners, we’re building an industry by making it easier for consumers and businesses to make confident decisions,” said Tony Banks, CEO of Star Energy Partners. “We want to encourage customers in the PSEG, JCP&L, and ComEd territories to reassess their options with a qualified energy supplier such as Star Energy Partners.”

We’re excited to offer our fixed-rate, price-protected options to the residents of New Jersey and northeastern Illinois. In New Jersey, our expanded territory includes customers of the Public Service Enterprise Group (PSEG) and Jersey Central Power & Light (JCP&L); in Illinois, we will serve ComEd customers. Additionally, in the coming months, we are expecting to expand our services across the entire state of Illinois!

“Star Energy’s expansion into the New Jersey and Illinois markets means we can add choice and value, in addition to price protection and peace of mind, for our residential and business customers,” Banks added. “As Star continues to grow, we’ll continue to offer our customers the most progressive and valuable tools in the industry to help us serve our client and continue to grow our business.”

We offer a full range of options for residential and commercial customers, including traditional and green energy options and fixed-rate price-protection. With a fixed rate, you’ll be protected from fluctuating energy prices, which can change a surprising amount from month-to-month. Click here to learn more about our green energy options!

Our new customers in New Jersey and Illinois will now be able to enjoy the simplicity and convenience of purchasing renewable energy through Star, including:

• Simple process: Receive the same energy bill from the same utility company that you normally would.
• Price Protection: Feel secure with a price-protected fixed rate that won’t increase during the duration of your contract. Period.
• Expertise: With Star Energy Partners, expert advice related to conserving energy, reducing energy costs, and reducing your carbon footprint is just a click or a call away!
• Superior Service: We pride ourselves on our high level of customer service. Our team is ready and willing to help, so give them a shout if you have a question or concern!

Learn more about our expansion by reading the full press release!

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