[Ord. No. 622-13]
The Borough 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 -98, and implementing
regulations.
[Ord. No. 622-13]
The Borough will utilize Commercial Utility Consultants'
Reverse Energy Auction Platform pursuant to the NJ E-Procurement Pilot
program (P.L. 2001, c.30) under the NJ 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, while
nonresidential ratepayers would also have the right to participate.
[Ord. No. 622-13]
The Mayor and Borough Clerk are hereby authorized and directed
to execute any documents necessary to carry out the purpose of the
chapter.
