[HISTORY: Adopted by the Borough Council of the Borough of
Pennington 10-7-2019 by Ord. No. 2019-9. Amendments noted where applicable.]
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.
In implementation of any such aggregation program, the Borough
shall use the professional services of vendors approved pursuant to
the NJ E-Procurement Pilot program (P.L. 2001, c.30) under the NJ
Department of Community Affairs.
The Borough, alone or with other cooperating municipalities
it elects to join, will seek bids from licensed and appropriate third-party
suppliers of electricity in accordance with procedures and substantive
regulations provided by law. Any price for energy so obtained will
apply in accordance with the terms of the bid to all Borough residents
who do not decline to participate (or opt out). Nonparticipating residents
may choose any alternative energy source they desire.
The contracts necessary for implementation of an aggregation
program shall be authorized by Borough Council as required by law.
All ordinances and parts of ordinances inconsistent herewith
are hereby repealed.
If any portion of this ordinance shall be deemed invalid by
any court of competent jurisdiction, the remainder shall survive in
full force and effect.
This ordinance shall be effective immediately upon adoption
and publication in accordance with law.
