The Township publicly declares its intent to become an aggregator
of electric power and natural gas on behalf of its residential and
nonresidential users of electricity and natural gas pursuant to the
Government Energy Act of 2003, N.J.S.A. 48:3-91.3 to 48:3-98, and
implementing regulations.
The Township intends to utilize the services of an energy agent
in implementing the energy aggregation program. Upon the Township's
hiring of an energy agent which is duly certified by the Board of
Public Utilities, such energy agent shall, on behalf of the Township,
conduct a reverse energy auction to seek bids from licensed and appropriate
third-party suppliers. If such winning bid is selected and an agreement
executed, individual residential consumers would retain the option
not to participate and to choose any alternatives they desire, while
nonresidential ratepayers would also have the right to participate.
The Mayor and Township Clerk are hereby authorized and directed
to execute any documents necessary to carry out the purpose of the
ordinance.
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are hereby repealed.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.