[10-8-2019 by Ord. No.
1078-2019[1]]
The Borough publicly declares its intent to become an aggregator
of electric power on behalf of its residential users of electricity
pursuant to the Government Energy Act of 2003, N.J.S.A. 48:3-91.3
to 48:3-98, and implementing regulations.
[1]
Editor’s Note: This ordinance superseded former Art.
I, Electric and/or Natural Gas Aggregation Program, adopted 3-12-2019
by Ord. No. 1069-2019.
[10-8-2019 by Ord. No.
1078-2019]
The Borough will utilize an approved energy consulting services
vendor pursuant to the N.J. E-PROCUREMENT Pilot Program (P.L. 2001,
c. 30) under the N.J. 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.
[10-8-2019 by Ord. No.
1078-2019]
The Mayor and Borough Clerk are hereby authorized and directed
to execute any documents necessary to carry out the purpose of this
article.
