Information about PALMco’s Natural Gas Supply Service for Residential Customers

Introductory Natural Gas Supply Service Rate: PALMco’s introductory rate stated below is valid only for newly enrolled PALMco residential customers for the first two billing periods after enrollment. At the conclusion of the first two billing periods, the natural gas supply rate you are charged will vary each billing cycle based on the factors stated below. There is no limit on how much the price of your natural gas supply service may change from one billing cycle to the next.

Contract Term (Duration): The initial term of all PALMco contracts will be for one month. After the initial one month period, your contract will continue automatically on a month-to-month basis unless either you or PALMco terminates the contract by giving at least 30 days’ advance written notice to the other before the end of any one month term.

Pricing Mechanism: If you receive natural gas supply service from PALMco Energy, you will pay a price that may vary from month to month as determined by PALMco in its sole discretion based on the applicable monthly NYMEX closing price for natural gas, applicable interstate transportation costs, any supply and agency functions that PALMco performs for you, and other prevailing market conditions, plus PALMco’s costs, expenses, and margins. Your introductory price for gas supply service, listed below, includes New Jersey sales and use taxes. There is no limit on how much the price of your natural gas supply service may change from one billing cycle to the next.

RESIDENTIAL Natural Gas Supply Price Comparison Information

PALMco Energy NJ License#: GSL0033

These rates are valid for sales made during September 2018.

The prices stated in the table below include all monthly variable charges related to natural gas generation supply service.

UtilityUtility
Rate /
Therms
PALMco
Intro-rate /
Therms
Utility 50
Therms
PALMco
50 Therms
Utility
100
Therms
PALMco
100
Therms
Utility
150
Therms
PALMco
150
Therms
Utility
200
Therms
PALMco
200
Therms
ETG$0.4540$0.42000$22.70$21.00$45.40$42.00$68.10$63.00$90.80$84.00
NJNG$0.3646$0.33000$18.23$16.50$36.46$33.00$54.69$49.50$72.92$66.00
PSEG$0.3689$0.33000$18.45$16.50$36.89$33.00$55.34$49.50$73.78$66.00
SJG$0.3400$0.32000$17.00$16.00$34.00$32.00$51.00$48.00$68.00$64.00

Information about PALMco’s Electric Generation Supply Service for Residential Customers

Introductory Electric Generation Supply Service Rate: PALMco’s introductory rate stated below is valid only for newly enrolled PALMco residential customers for the first two billing periods after enrollment. At the conclusion of the first two billing periods, the electric generation supply rate you are charged will vary each billing cycle based on the factors stated below. There is no limit on how much the price of your electric generation service may change from one billing cycle to the next.

Contract Term (Duration): The initial term of all PALMco contracts will be for one month. After the initial one month period, your contract will continue automatically on a month-to-month basis unless either you or PALMco terminates the contract by giving at least 30 days’ advance written notice to the other before the end of any one month term.

Pricing Mechanism: If you receive electric generation supply service from PALMco Power, you will pay a price that may vary from month to month as determined by PALMco in its sole discretion based on a monthly zonal locational marginal price (“LMP”) determined on a day ahead or real time basis, any supply and agency functions that PALMco performs for you, line loss, compliance costs, certain transmission, capacity, ancillary, and administrative costs incurred by PALMco, and other prevailing market conditions, plus PALMco’s costs, expenses, and margins. Your introductory price for electric generation supply service, listed below, includes New Jersey sales and use taxes. There is no limit on how much the price of your electric generation supply service may change from one billing cycle to the next.

RESIDENTIAL Electric Generation Supply Price Comparison Information

PALMco Power NJ License#: ESL0049

These rates are valid for sales made during September 2018.

The prices stated in the table below include all monthly variable charges related to electric generation supply service.

UtilityUtility
Rate /
kWh
PALMco
Intro-rate /
kWh
Utility 500
kWh
PALMco
500 kWh
Utility
1000
kWh
PALMco
1000
kWh
Utility
1500
kWh
PALMco
1500
kWh
Utility
2000
kWh
PALMco
2000
kWh
ACE$0.09820$0.08400$49.10$42.00$98.20$84.00$147.30$126.00$214.80$196.40
JCP&L$0.09307$0.08800$46.54$44.00$93.07$88.00$139.61$132.00$186.14$176.00
PSEGE$0.12823$0.12200$64.12$61.00$128.23$122.00$192.35$183.00$256.46$244.00
RECO$0.10528$0.09900$52.64$49.50$105.28$99.00$157.92$148.50$210.56$198.00