Burlington County Energy Aggregation Program.

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Presentation transcript:

Burlington County Energy Aggregation Program

 Government Energy Aggregation Act of 2003  Municipality Aggregation  N.J.A.C. Title 14:4-6.1 (2012)  Council must pass ordinance/resolutions  BPU/Rate Council Review  DCA Oversight of Auction Process

 Municipality competes against the BPU BGS state default rate  Auction held with NJ licensed suppliers  Winning supplier is chosen (must be lower than utility rate)  Auction results compared against utility default rate  Rate is locked in for the term  100% price guaranteed – always be lower than utility’s rate

 Auction was held on 6/14/2016  Participating municipalities include: Cinnaminson, City of Burlington, Florence, Lumberton, Moorestown, Palmyra, Southampton, Riverside, Woodland, Wrightstown  Results: Atlantic City Electric $ vs $ (avg. default rate) JCP&L $ vs $ (avg. default rate) PSE&G $ vs $ (avg. default rate)

 You will receive a letter explaining the program, the supplier’s information, the reduced rate and response options  Program only includes those who are not currently with a third party electric supplier  This form letter developed by the BPU provides: All program information Notifications methods Mail return, 800#, Website

 Utility will send a switch over letter confirming participation  The letter will come directly from utility and will confirm your exact start date with the supplier.  Begin receiving reduced rate with utility’s rate compared right on monthly bill

Your monthly price to compare is $0.1041/kWh

 Who do I call if my electric goes out?  Will I be penalized if I do not become part of the program?  Will there be a different or two separate bills?  Does this hurt the utility company?  Who do I call with billing questions?  If I cancel can I resume participation?  Is budget billing offered?  What if I already have a Third Party Supplier?  Why do I have to respond in order to not participate?