Liberty Power Enters Residential Electric Market in New Jersey

FT. LAUDERDALE, Fla., May 22, 2012 /PRNewswire/ -- Liberty Power, one of the nation's fastest-growing and largest independent energy retailers, today announced it has launched a residential program in New Jersey. The company now has active residential offers in the utility territories of Public Service Electric and Gas Company (PSE&G), Jersey Central Power & Light (JCP&L), and Atlantic City Electric (ACE). As a result of the launch, Liberty Power is expanding the availability of its offers to an additional 3 million residents.

The retail electricity supplier first began serving non-residential customers in New Jersey in the spring of 2007. Liberty Power's residential expansion into New Jersey comes on the heels of launching residential programs in Maryland and Connecticut. Liberty Power now has residential retail electric programs in seven states: New Jersey, New York, Maryland, Connecticut, Illinois, Pennsylvania and Texas.

"We have been providing New Jersey business owners low-cost electricity and exceptional customer service for more than five years. We are thrilled to now be able to offer similar products and services to residents of the Garden State," stated David Hernandez, co-founder and CEO.

At the time of launch, the company will offer its Home Independence Plan, a fixed-rate product with terms of 12 and 24-months. Residents who choose Liberty Power as their retail electricity supplier will continue to receive one bill and the same level of service from their local utility, which will still deliver the electricity, maintain the pole and wires, and respond to power outages. There is no sign-up fee, and there will be no interruption in electricity service. Liberty Power also offers competitive rates for commercial accounts. For additional information, New Jersey residents and businesses may call 855-776-9377 to sign up by phone.

About Liberty Power Headquartered in Fort Lauderdale, Florida, Liberty Power is one of only five national retail electric providers licensed in 16 or more states and is the first certified, minority-owned, independent retail electric provider with a national presence. Currently serving over 100,000 commercial accounts, Liberty Power provides large and small businesses, government agencies, as well as residential customers, with low-cost electricity and exceptional customer service.

For more information on Liberty Power, please visit http://www.libertypowercorp.com

Liberty Power is a registered trademark of Liberty Power Corp. LLC encompassing Liberty Power Holdings LLC, Liberty Power Delaware LLC, Liberty Power Maryland LLC, Liberty Power District of Columbia LLC, and LPT LLC, dba LPT SP LLC. Liberty Power is certified and licensed by the Public Utilities/Service Commissions of: CA, CT, DC, DE, IL, ME, MD (IR793), MA (CS-057) MI, NJ (ESL-0001), NY, OH, PA, RI, TX (10118) and VA; as well as the Federal Energy Regulatory Commission.

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Liberty Power Enters Residential Electric Market in New Jersey