Verde Energy

Northeast Energy Company Provides Quality Energy

Verde Energy is a medium-sized electricity company serving over 175,000 households in Connecticut, New Jersey, and Pennsylvania. Verde emphasizes its simplicity and no-frills approach; they just want to provide electricity to deregulated electricity at low costs. (To that end, they’ve been marketing themselves under the name Lost Cost Power.)

Residential Electricity

Verde has a single basic electricity program. It’s low-cost and includes some proportion of renewable electricity. The company doesn’t even require a contract; it just offers a month-to-month program and bills you through your existing utility company. Verde makes a special note of the fact that they’ve managed to decrease electricity prices for their customers even as energy prices have been increasing.

Verde’s basic plans include some amount of renewable energy—between 8 and 15 percent, depending on location.

The company offers a bonus of $50 extra cash to new customers signing up with them.

About the Company

Verde was incorporated in 2009 with the goal of providing a simple electrical service to consumers in deregulated markets. The Better Business Bureau gives Verde Energy an “A-” rating.

Verde is managed by Lance Lundberg, Thomas Fitzgerald, and Tony Menchaca, all of whose experience is in business and corporations.

We at ElectricityRates.com do our best to stay up to date, but remember: for more news and information you can always check out Verde’s website: lowcostpower.com. The site also includes information about other ways you can reduce your energy bills.