NEW JERSEY Market Profile. June 2012

Transcription

1 NEW JERSEY Market Profile June 2012

2 NEW JERSEY Market Service Map 20.9 Million Potential Customers Market Size: $21.7 Billion Potential Market

3 NEW JERSEY Market Ambit Energy is the Alternative Energy Supplier (AES) Delivery Providers: Jersey Central Power & Light (JCP&L)- electricity only Public Service Electric and Gas Company (PSE&G)- electricity and gas Atlantic City Electric (ACE)- electricity only Rockland Electric (RE)- electricity only South Jersey Gas (SJG)- gas only New Jersey Natural Gas (NJNG)- gas only Account Descriptions: JCP&L- 20 digit number PSE&G- POD ID: PE + 18 digits or PG + 18 digits Atlantic City Electric- 12 digit number Rockland Electric- 10 digit number South Jersey Gas- 11 digit number New Jersey Natural Gas- 12 digit number (can contain a letter)

4 NEW JERSEY Market Invoicing- Ambit Energy does not generate an invoice, the Customer will receive an invoice from their delivery provider. Invoice is divided into two parts: Supply Charge (provided by Ambit Energy) Delivery Charge (Incumbent) PSE&G, JCP&L, ACE, R&E, SJG, and NJNG NO Credit Checks = NO Deposits Customer refunds and Free energy credits are credited to customer s bills

5 NEW JERSEY Free Energy Referral Program- Consultants have 180 days from service start date to enroll 15 customers (refer these customers to Consultant s personal website to enroll) The credit is based on an average payment amount of the minimum 15 customers All bills must be paid on time Free energy referral credit is sent by check Should the credit exceed the balance, the supply portion of the bill will be reduced to a zero balance

6 NEW JERSEY Product Plans NEW JERSEY JCPL, PSEG, ACE, & RE Electric Product Plan(s) Rate ETF Garden State Select 12-month Term Term No Garden State Select Variable Variable No Certified Green Select 12-month Term Term No Certified Green Select Variable Variable No NEW JERSEY PSEG, NJNG, & SJG Gas Product Plan(s) Rate ETF Garden State Variable Gas Variable No Garden state 12 month Term Natural Gas Term No

7 NEW JERSEY JCP&L Product Ambit Energy will accept JCPL orders if a Customer is on one of the following Assistance Programs: Universal Service Fund Program (USF)- Provides low-income customers a payment plan to help lower the monthly cost for electric service. Participants pay a maximum % of their total household income for electric and natural gas. USF is statewide program administered by the New Jersey Department of Human Services New Jersey Statewide Heating Assistance and Referral for Energy Services (New Jersey SHARES)- Non-profit corporation organized to provide assistance to individuals and families living in New Jersey who are in need of temporary help in paying their energy bills. This program is designed to assist customers who would otherwise have no means of assistance Home Energy Assistance Program (HEAP )-Federally funded grant program administered by the State of New Jersey Department of Human Services through a network of local community-based organizations. HEAP provides customers help with paying winter heating bills and occasionally summer cooling bills

8 NEW JERSEY JCP&L Product Ambit Energy will reject JCP&L orders if a Customer is on one of the following Assistance Programs and will loose the program benefits: LIFELINE- provides funding for utility bills (electric and natural gas) for qualifying disabled persons and senior citizens Please contact JSP&L for more information

9 NEW JERSEY PSE&G Product Ambit Energy will accept PSE&G orders if a Customer is on one of the following Assistance Programs: Temporary Relief for Utility Expenses(TRUE)- One time TRUE Grant assistance, administered by the Affordable Housing Alliance, is intended for low to middle income NJ residents who are struggling to pay their electric or natural gas bills Low Income Home Energy Assistance Program (LIHEAP)- Helps low-income people pay their winter heating bills. To qualify, your household income cannot exceed the amounts allowed in the household income table. NOTE: LIHEAP is closed from May 2nd to November 1st

10 NEW JERSEY PSE&G Product Ambit Energy will reject PSE&G orders if a Customer is on one of the following Assistance Programs and will loose the program benefits: Universal Service Fund Program (USF)- Provides low-income customers a payment plan to help lower the monthly cost for electric service. Participants pay a maximum % of their total household income for electric and natural gas. USF is a statewide program administered by the New Jersey Department of Human Services Please contact PSE&G for more information

11 NEW JERSEY PSE&G Product A customer will experience an enrollment reject AND be placed on a credit hold, if: Customer is enrolled in a consolidated billing plan with a supplier (Ambit) that has an unpaid balance of 60+ days Placed on a 12 month credit hold Customer is PSEG utility customer with an unpaid balance of 60+ days No 12 month credit hold, customer must pay bill in full to be released and the enrollment will be accepted

12 NEW JERSEY Products Ambit Energy does not accept any Assistance Programs for the following markets: New Jersey Natural Gas (NJNG) South Jersey Gas (SJG)

13 NEW JERSEY Products Budget Billing- Helps to generate an average usage and rate during peak seasons to avoid high usage and rate charges Available in JCP&L, PSE&G, and Atlantic City Electric Must enroll through the Incumbent for the delivery portion Must enroll through Ambit Energy for the supply portion How it works- A 12 month average of usage history and current gas or electricity rate is calculated (locked in for 6 months) Every 6 months, usage and rates are recalculated and any difference (rolling true up) will appear on the customer s 7 th invoice Free Energy does not apply towards settlement amount

14 NEW JERSEY Small Commercial Markets- Atlantic City, Rockland Electric, PSE&G, JCP&L, NJNG, and SJG Electricity provided in ACE, RE, PSE&G, and JCP&L Gas provided in PSE&G, NJNG, and SJG Budget Billing- Contact delivery provider for more information No Credit Checks = No Deposits FREE Energy Referral Program Bill Credit: JCP&L, PSE&G, and Atlantic City Electric Check: Rockland Electric, NJNG, and SJG

15 NEW JERSEY Small Commercial NEW JERSEY PSE&G, JCP&L, ACE, and RE Electric Product Plan(s) Rate ETF Garden State Commercial 12-month Plan Term No Garden State Commercial Plan Variable No Certified Green Commercial 12-month Plan Term No Certified Green Commercial Plan Variable No NEW JERSEY PSE&G, NJNG, and SJG Gas Product Plan(s) Rate ETF Garden State Commercial Plan Variable No Garden State Commercial 12- month Plan Term No

16 NEW JERSEY Rates Guaranteed Rate Savings Flyers are listed in PowerZone Located in the Business Tools Tab Advertising Tool Kit Customer Flyers

17 Please share this information with your organizations and potential customers

18 Thank you for helping build the NEW JERSEY Market!