Energy Harbor "budget payments" miscalculated?
You just got your first bill now for a program that started in April? What does last month's bill from PSE&G show? What would PSE&G have charged if you had not received electrical energy supply from a third party supplier?
joan_crystal said:
You just got your first bill now for a program that started in April? What does last month's bill from PSE&G show? What would PSE&G have charged if you had not received electrical energy supply from a third party supplier?
the PSE&G rate varies from month to month, while the energy harbor rate is fixed for two years i believe. In general PSE&G rate is SLIGHTLY higher than energy harbor (talking hundredths of a cent per KWH different) but in february PSE&G was lower than the fixed energy harbor rate. I don't see a any real advantage to energy harbor - in my case it just raised my monthly "budget" payment by over $110 dollars!
Same here. About a $110 bump. On the EPP. Actually used less electricity in May this year compared to last. There is a stand-alone entry for TPS energy charge of $113.00 which does not seem tied to usage. Anyone know what that is?
“Third Party Electric Supply Charges
This amount is the current charge plus any adjustment charge received from your New Jersey BPU licensed electric energy provider for the current bill period.
TPS Energy Charge $113.00”
Our balance month is November and the EPP amount is always very close. We’ve always been ahead on the EPP, meaning that we are getting the interest-free loan for a while until everything balances.
No unusual usage. Actually almost 20% lower for May.
What’s the number to call to get the explanation for the “adjustment charge?”
rmbaseman said:
the PSE&G rate varies from month to month, while the energy harbor rate is fixed for two years i believe. In general PSE&G rate is SLIGHTLY higher than energy harbor (talking hundredths of a cent per KWH different) but in february PSE&G was lower than the fixed energy harbor rate. I don't see a any real advantage to energy harbor - in my case it just raised my monthly "budget" payment by over $110 dollars!
The main advantage is that a higher percentage of the electrical energy supplied is supposed to be from sustainable sources. The difference in cost is supposed to be only slightly less than PSE&G. Even that would depend on rate fluctuations in the market place during the life of the contract.
I just got my first PSE&G bill with the Energy Harbor electric generation charges included. The "budget" payment they calculated is more than $100 higher than the budget payment Direct Energy was charging last year - $ 254 vs. $ 138/mo. I had a very minor adjustment at the end of last year - I was about $30 per month low. My new "budget" payment ought to be about $ 168 instead of the $ 254 energy harbor calculated. I called them and explained in great detail, they lowered their "budget" payment to $ 221 - still waaaaaaayyyhy too high! How can they do this? Do we have any recourse at all ???