Most only look at one thing on their PSEG electric bill: the balance due. But if you're one of those people, you may be missing out on some key pieces of information that can help you understand and lower your energy expenses.
For instance, by knowing the difference between delivery and supply charges, you will grasp where your money goes every month and be able to determine if you can save by switching electricity providers. And if you want to know that, you'll also need to find your PoD ID.
Shop PSEG Electric Rates
| Plan | Rate Per kWh |
|---|---|
| Clearview Energy Clear Charge 12 Plus 12 Months | 15.49¢ Select |
| Frontier Utilities NJ Frontier Online Premier 12 12 Months | 15.89¢ Select |
| Constellation 12 Month Home Power Plan 12 Months | 16.49¢ Select |
| SmartEnergy Green 12 Month Fixed Rate 12 Months | 17.53¢ Select |
| Constellation 24 Month Home Power Plan 24 Months | 17.99¢ Select |
- 100% Renewable Sources
PSEG Sample Electric Bill
Below, you will find the most important part of your PSEG electric bill. This breakdown of your electric charges lets you see all the different charges that go into your electricity bill.
Delivery Charges vs Supply Charges
On the left-hand side of the image above, there is one section titled delivery charges and one titled supply charges.
- Delivery Charges – This goes to PSEG to support the delivery of your electricity.
- Supply Charges – This goes to your electricity provider (which could be PSEG as well) and pays for the electricity you use.
If you want to switch electricity providers, the main thing that you need to understand is that delivery charges will stay the same no matter what. Your supply charges, the money that pays for the electricity you use, is the only section that changes.
So when you're comparing electricity rates, you want to use your electricity supply rate to see if you can save. If you get your electricity supply through PSEG, this rate is often called the Price to Compare.
Your PoD ID
Your PoD ID is located to the right of the "Details of your electric charges" section. You can find it in the bottom right-hand corner of the image above. This is the number that you will need to use if you end up switching electricity providers.
Where Can You Find Your Electric Bill?
You can quickly find your PSEG bill by logging into your account on PSEG's website. If you have any trouble finding it, give PSEG customer service a call at 1-800-436-7734.
Lowering Your PSEG Bill
Want to compare electricity rates and switch electricity providers in New Jersey? Use ElectricityRates.com! Our easy-to-use Marketplace lets you compare competitive rates from providers in your area so you can find the perfect plan for you.
To see what’s available, enter your ZIP Code above.