[HISTORY: Adopted by the Mayor and Council
of the Borough of Branchville 7-10-2018 by Ord. No. 06-2018. Amendments noted
where applicable.]
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 the approved vendor, Concord Engineering's
dba Concord Energy Services, Reverse Energy Auction Platform, pursuant
to the NJ E-Procurement Pilot Program (P.L. 2001, c. 30) under the
NJ Department of Community Affairs, so long as said utilization and
reverse auction are authorized by and comply with all statutes and
regulations, including, but not limited to, all public contract and
bidding laws. The reverse energy auction will 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.
The Mayor and Borough Clerk are hereby authorized and directed
to execute any documents necessary to carry out the purpose of this
chapter.
