A.
It is the purpose of this chapter to seek to reduce the cost of natural gas and electricity to its residents.
B.
The purpose of this CCA Program, as described to the Village of New Hempstead by the Administrator, is to allow participating local governments, including the Village of New Hempstead, to procure energy supply service for their residential and commercial customers, who will have the opportunity to opt out of the procurement, while maintaining transmission and distribution service from the existing distribution utility. This chapter establishes a program that will allow the Village of New Hempstead, or its designated agent for that purpose, to put out for bid the total amount of natural gas and/or electricity being purchased by its residential and commercial customers. Bundled customers will have the opportunity to have more negotiating strength and consequential potential to lower their overall energy costs, and to improve customer choice and value, by providing an additional alternative source for electricity and natural gas, thereby fulfilling the purposes of this chapter and fulfilling an important public purpose.
C.
The Village of New Hempstead is hereby authorized to participate in a community choice aggregation (energy) program pursuant to § 10(1)(ii)(a)(12) of the New York Municipal Home Rule Law and State of New York Public Service Commission Case No. 14-M-0224, Proceeding on Motion of the Commission to Enable Community Choice Aggregation Programs, Order Authorizing Framework for Community Choice Aggregation Opt-Out Program (issued April 21, 2016), including subsequent orders of the Public Service Commission issued in connection with or related to Case No. 14-M-0224 (collectively, the order).
D.
This chapter shall be known and may be cited as the "Community Choice Aggregation (Energy) Program Law" of the Village of New Hempstead.