The prices they charged for power were regulated by the New Jersey Board of Public Utilities. The combined services that were provided by your electric utility company have been divided into two parts. Your traditional electric utility will continue to deliver your power over its wires. These traditional utilities are now known as distribution utilities. No consumer is required to shop.
Customers can choose to stay with their current utility.
But consumers who purchase electricity from energy suppliers other than their local utility may be able to save more money. Most important, you will continue to receive the same level of reliable service, no matter what company generates the electricity you purchase. Your distribution company will continue to deliver the power to your home or business. That company will still take care of your poles and wires and restore power if there is an outage. The price for these services and the performance of your distribution company continue to be regulated.