There is hereby re-authorized a Government Energy Aggregation
Program, in accordance with the provisions of the Government Energy
Aggregation Act, N.J.S.A. 48:3-93.1 et seq.
The Township Council will act as Lead Agency of the MCEA and,
in that capacity, and consistent with applicable rules, will solicit
proposals for electric generation service and energy aggregation services
on behalf of Township residents, and enter into a contract for such
services provided that the lowest qualified bid price is below the
prevailing price for utility provided basic generation service.
As Lead Agency, the Mayor is authorized to execute and the Township
Clerk is authorized to attest to the execution of a master performance
agreement that obligates the participants in the MCEA to purchase
electricity at terms and conditions stated therein with a third-party
supplier who has been awarded the contract by the Lead Agency on behalf
of participating members of the MCEA, and provided that such contract
shall be at prices reasonably estimated by the Township Council to
provide savings to participants relative to the price charged for
basic generation service by JCP&L.
The authorization provided to the lead agent shall be valid
until May 31, 2023 (the "effective period"), at which time the MCEA
will be subject to renewal for an additional two-year period at the
discretion of the Township Council.