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 City shall oversee the Community Energy Aggregation Program (hereinafter "CEA") 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 the City's residents and businesses. Subject to the approval of the Township Council, the Mayor may negotiate and execute a contract for such services, subject to § 17-1B and C, 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 will be issued whereby nonresidential energy consumers may opt into the CEA, and residential customers may opt out.
The CEA must be fully implemented no later than December 31, 2022,
of the passage of this chapter. Request for proposals for electricity-generating
services must state that no contract will be awarded unless it has
an option for customers to opt up to 100% renewable electricity and
a minimum percentage of renewable electricity for all program participants
of:
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 the City on behalf of participating members of the CEA,
and provided that such contract shall be at prices reasonably forecast
and estimated by the City to provide for basic generation service
by JCP&L.
The purpose of this chapter is to provide renewable electricity attributes for the CEA. It will be New Jersey PJM renewable energy credits or the equivalent from the current calendar year, unless the municipality opts to enter into a power purchase agreement with an energy provider pursuant to § 17-1C.