[HISTORY: Adopted by the Mayor and Council of the City of
Hoboken 5-2-2018 by Ord. No. B-25. Amendments noted where applicable.]
The City hereby establishes a Government Energy Aggregation
Program in accordance with the provisions of the Government Energy
Aggregation Act, N.J.S.A. 48:3-93.1 et seq.
The City will utilize an approved vendor, Concord Engineering's
dba Concord Energy Services, Reverse Energy Auction Platform pursuant
to the New Jersey E-Procurement Pilot Program (P.L. 2001, c. 30) under
the New Jersey Department of Community Affairs. The reverse energy
auction will seek bids from licensed and appropriate third-party suppliers.
If such winning bid is selected and agreement executed, individual
residential consumers would retain the option not to participate and
to choose any alternatives they desire.
The Mayor or his designee is authorized to execute any documents
that are necessary to carry out the purpose of this chapter, which
includes the execution of a Local Distribution Aggregation Agreement
with PSE&G.
The City shall act as lead agency of the Energy Aggregation
Program and will solicit proposals for energy aggregation services
on behalf of City's residents and businesses, and authorizes
the Mayor or his designee to take the steps required to enter into
a contract for said services, provided that the lowest responsive
bid is below the prevailing price for utility-provided basic generation
service.
The Mayor or his designee is authorized to take the steps required
to execute a master performance agreement with the participants in
the Energy Aggregation Program to purchase electricity and/or natural
gas at terms and conditions stated therein with a third-party supplier
who has been awarded a contract by the lead agency on behalf of participating
members of the Energy Aggregation Program, and provided that such
contract shall be at prices reasonably forecast and estimated by the
City to provide savings to participants relative to the price charged
for basic generation service by PSE&G.
