Energy Aggregation Contracts Awarded; To Hold Public Presentations April 25

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A public forum on the Livingston Community Energy Aggregation (LCEA) program will be held on Thursday, April 25, in the council chambers at Town Hall. Residents will be able to hear presentations and participate in a question and answer session with their vendors. The presentation for Public Service Electric and Gas (PSE&G) customers will take place from 7 to 8:30 p.m., and the presentation for Jersey Central Power and Lighting (JCP&L) will follow from 8:30 to 10 p.m.

“Energy aggregation has allowed us to use our bulk purchasing power in a free-market bidding process to help our residents save money on their electric utility bills,” township manager Barry Lewis said. “We’ll also be achieving another goal – that of lowering our carbon footprint by utilizing a power supply that includes renewable energy content.”

Community energy aggregation is a program permitted under New Jersey state law, allowing municipalities to pool together residents and conduct a bid for power supply from third-party suppliers with the goal of obtaining a power supply price that is lower and/ or has more renewable energy than the power supplied by the electric utility. The program is conducted under the oversight of the New Jersey Board of Public Utilities, the Division of Rate Counsel, and the Department of Community Affairs.

 

 

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