States › New Jersey › Palmco Power NJ, LLC
retail power marketer · EIA utility 56501
Palmco Power NJ, LLC
Average price is revenue divided by sales for the sector and year; it is not a tariff rate. Reliability figures are as reported by utilities to EIA on Form 861 and may use different calculation methods. Annual figures: Form EIA-861 for 2024, final release. Monthly state figures run to July 2026.
Palmco Power NJ, LLC serves 7,102 residential customers in New Jersey as a retail power marketer, according to its 2024 Form EIA-861 filing.
It sells energy only: another company delivers the power and bills for delivery, so the revenue it reports to EIA covers part of each customer's bill. Its energy-only revenue came to 22.73¢ per kilowatthour in 2024, which is not comparable with the bundled New Jersey average of 19.34¢.
EIA's reliability file has no SAIDI or SAIFI entry for it in 2024; smaller respondents and energy-only suppliers are not asked for one.
Compared with New Jersey, the US and other retail power marketers
| Measure, 2024 | This utility | Retail power marketers, US median | New Jersey | United States |
|---|---|---|---|---|
| Average residential price per kWh | — | 14.73¢ | 19.34¢ | 16.48¢ |
| Average monthly residential bill | — | $179.11 | $128.13 | $142.26 |
| Average monthly use, kWh | — | 1,158 | 662 | 863 |
| Residential price change, 1 year | — | — | +9.3% | +3.0% |
| Residential price change, 5 years | — | — | +22.0% | +26.7% |
| SAIDI, all events (minutes) | — | — | 174.1 median | 184.5 median |
| SAIDI, without major event days | — | — | 99.3 median | 99.8 median |
State and US prices, bills and use are EIA's own averages over every customer. The ownership column and the reliability columns are medians across utilities with at least 1,000 residential customers, computed on this site from the final 2024 file.
Year by year
| Year | Part-bill ¢ per kWh | New Jersey bundled average ¢ | Residential customers | All sales |
|---|---|---|---|---|
| 2025 early release | 24.58¢ | 22.63¢ | 11,809 | 62.7 GWh |
| 2024 | 22.73¢ | 19.34¢ | 7,102 | 46.8 GWh |
| 2023 | 25.56¢ | 17.70¢ | 5,244 | 43.2 GWh |
| 2022 | 28.61¢ | 16.74¢ | 5,496 | 64.3 GWh |
| 2021 | 20.87¢ | 16.35¢ | 4,467 | 54.2 GWh |
| 2020 | 18.03¢ | 16.03¢ | 6,120 | 34.1 GWh |
| 2019 | 22.08¢ | 15.85¢ | 2,256 | 11.7 GWh |
| 2018 | 17.16¢ | 15.41¢ | 2,533 | 15 GWh |
| 2017 | 15.57¢ | 15.65¢ | 4,347 | 22.4 GWh |
| 2016 | 20.16¢ | 15.72¢ | 6,688 | 38.3 GWh |
| 2015 | 20.50¢ | 15.81¢ | 8,751 | 48.2 GWh |
| 2014 | 21.05¢ | 15.78¢ | 13,197 | 78.7 GWh |
| 2013 | 14.13¢ | 15.73¢ | 26,598 | 159 GWh |
Part-bill revenue per kWh covers energy without delivery, so it is shown beside the state's bundled average for scale only, not as a comparison. EIA describes its early release as not fully edited; it is shown for this utility alone and enters no average, median or rank on this site.
Sales by sector, 2024
| Sector | Customers | Sales | Share of sales | Revenue | ¢ per kWh, bundled |
|---|---|---|---|---|---|
| Residential | 7,102 | 30.1 GWh | 64% | $6,851,200 | — |
| Commercial | 109 | 16.7 GWh | 36% | $1,908,700 | — |
Customers, sales and revenue count every service type the utility reported (bundled, energy-only and delivery-only). The price column uses bundled service alone, because part-bill revenue would understate it. Sources of energy: 46.8 GWh in total, of which 0% was its own net generation and 46.8 GWh was bought wholesale.
Reliability
EIA's reliability file has no entry for Palmco Power NJ, LLC in 2024. Energy-only suppliers do not own the wires, and the smallest distribution utilities are not asked for SAIDI and SAIFI.
Other utilities in New Jersey
| Utility | Ownership | Residential customers | ¢ per kWh | Monthly bill | SAIDI, all events | SAIDI, no major events |
|---|---|---|---|---|---|---|
| SunSea Energy, LLC energy only | Retail power marketer | 6,832 | — | — | — | — |
| Stream Energy New Jersey, LLC energy only | Retail power marketer | 5,307 | — | — | — | — |
| Viridian Energy PA LLC energy only | Retail power marketer | 13,084 | — | — | — | — |
| SFE Energy NJ, Inc. energy only | Retail power marketer | 2,767 | — | — | — | — |
| XOOM Energy New Jersey, LLC energy only | Retail power marketer | 2,300 | — | — | — | — |
| ENGIE Power & Gas LLC energy only | Retail power marketer | 1,260 | — | — | — | — |
| City of Vineland | Municipal | 22,774 | 17.84¢ | $136.85 | — | — |
| Rockland Electric Co | Investor-owned | 66,360 | 21.04¢ | $195.20 | 225.2 | 148.6 |
All New Jersey utilities · Retail power marketers nationwide
Questions and answers
How much does electricity cost from Palmco Power NJ, LLC?
EIA's filing does not support a bundled average price for Palmco Power NJ, LLC, because it reports energy-only service. Its energy-only revenue was 22.73¢ per kilowatthour in 2024, which covers part of a customer's bill.
How does that compare with New Jersey?
The New Jersey average residential price in 2024 was 19.34¢ for bundled service. A part-bill figure cannot be set against it.
What is the average Palmco Power NJ, LLC bill?
EIA's data does not give a whole-bill figure for this respondent, because it bills only part of the service. The New Jersey average residential bill in 2024 was $128.13 a month.
How reliable is Palmco Power NJ, LLC service?
EIA's 2024 reliability file has no entry for Palmco Power NJ, LLC.
Is the Palmco Power NJ, LLC price rising?
There is no year-on-year bundled price series for Palmco Power NJ, LLC in EIA's files.
Which counties does Palmco Power NJ, LLC serve?
EIA's service territory file lists no counties for Palmco Power NJ, LLC; energy-only suppliers are not asked for them.
Provenance
Source: U.S. Energy Information Administration. Annual figures are from Form EIA-861 (sales to ultimate customers, reliability, operational data and service territory files), final release for 2024, respondent "Palmco Power NJ, LLC", utility number 56501; the 2025 row is from EIA's early release. State and US averages are from the Form EIA-861M sales and revenue workbook, published through July 2026. All are US government works in the public domain. Page built 1 Oct 2026. Errors in processing are corrected at the next build; see corrections. For tariffs and rate schedules, consult the utility or the state utility commission.