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.
The Borough will utilize approved vendors Commercial Utility
Consultants, Inc., and Concord Engineering Group dba Concord Energy
Services pursuant to the New Jersey E-Procurement Pilot Program (P.L.
2001, c. 30) under the New Jersey 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.
The Mayor and Borough Clerk are hereby authorized and directed
to execute any documents necessary to carry out the purpose of this
chapter.
All ordinances and parts of ordinances inconsistent herewith
are hereby repealed.
If any portion of this chapter shall be deemed invalid by any
court of competent jurisdiction, the remainder shall survive in full
force and effect.
This chapter shall be effective immediately upon adoption and
publication in accordance with law.