[Added 8-12-2020 by Ord. No. O.2075-2020]
The Edison Township hereby establishes a government energy aggregation program for residential and nonresidential customers, in accordance with the provisions of the Government Energy Aggregation Act, N.J.S.A. 48:3-93.1 et seq., and the rules promulgated thereunder, N.J.A.C. 14:4-6.1, et seq.
The Edison Township shall be the lead agency and any agreements entered into in connection with the government energy aggregation program by authorized personnel shall be subject to review by the Township.
The Mayor of Edison Township ("Mayor") shall be and is authorized to execute and the Clerk to attest to the execution of an electric distribution aggregation agreement, in a form acceptable to Township, with PSE&G.
Pursuant to the terms and conditions of the Government Energy Aggregation Act and the rules promulgated thereunder, and specifically N.J.A.C. 14:4-6.2, the Edison Township ("Township") shall oversee the community energy aggregation ("CEA") program as lead agency and, in that capacity, and consistent with applicable rules, shall solicit requests for proposals for electric generation service and energy aggregation services on behalf of Township's residents and businesses. The Mayor may execute and enter into a contract for such services, subject to § 26-1.3c through d and provided that the lowest qualified bid price for electricity generation service is consistent with N.J.A.C. § 14:4-6.9 and notice is provided to residential customers should the price exceed the benchmark price, as required by N.J.A.C. § 14:4-6.9(g). Pursuant to the regulations of the Government Energy Aggregation Act, a public notice of the CEA program will be issued whereby nonresidential energy consumers may opt into the CEA program, and residential customers may opt out.
The CEA program must be fully implemented within one year of the passage of this ordinance. Request for proposals for electricity generating services must state that no contract will be awarded unless that electricity contains an option for customers to opt up to 100% renewable electricity and a minimum percentage of renewable electricity for all program participants of:
50% from program inception through December 31, 2021;
60% from January 1, 2022, through December 31, 2023;
70% from January 1, 2024, through December 31, 2025;
80% from January 1, 2026, through December 31, 2027;
90% from January 1, 2028, through December 31, 2029; and
100% after December 31, 2029.
The renewable electricity attributes for the CEA program should be sourced from within the region served by PJM to the maximum extent possible. The Mayor may not execute and enter into a contract for electricity generating services unless it meets the renewable percentages specified in § 26-1.3c.
The Mayor may also execute a master performance agreement that obligates the participants in the CEA to purchase electricity at terms and conditions stated therein with a third-party supplier who has been awarded the contract by Township on behalf of participating members of the CEA program, and provided that such contract shall be at prices reasonably forecast and estimated by the Township to provide for basic generation service by PSE&G.