Program News & Info

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TOWN CENTER

Here we have provided you with the latest program news and info to help keep you up to date with NJ Aggregation. You can also find relevant program doucments.

Government Energy Aggregation Program

Welcome to the webpage for the City of Rahway's residential Government Energy Aggregation Program. On this page you will find information specific to the City of Rahway's program. Feel free to browse the rest of our site for other general energy aggregation information.

The program rate of $0.11051/kWh for electricity supply is available to residents in the City of Rahway from October 2019 through October 2020.


Important Dates

Please come out and join us at an upcoming informational session to learn more about this important program.

August 19, 2019

3:00 p.m. - English



Senior Center, 1306 Esterbrook Avenue, Rahway, NJ

August 19, 2019

6:30 p.m. - Spanish



Library, 2 City Hall Plaza, Rahway, NJ

August 26, 2019

6:30 p.m. - English



Library, 2 City Hall Plaza, Rahway, NJ





Other Key Dates

September 15, 2019

Initial 30-day opt-out period ends


October 1, 2019

Program rate takes effect with meter reads after October 1, 2019



PROGRAM DETAILS

Learn about this program and how it can help reduce the cost of your energy bill.
  • What is energy aggregation?

    Government Energy Aggregation (GEA) is a program that came from the passing of the Government Energy Aggregation Act of 2003 by the New Jersey Legislature. This law gave municipalities and counties the ability to aggregate the energy usage of the residential and non-residential ratepayers to conduct a bulk bid or auction in an attempt to get the lowest possible price at that given time in order to maximize the benefits of deregulation to the participants. These benefits include a lower utility cost and an increased number of suppliers to choose from within New Jersey. If a government entity, such as your municipality, chooses to establish this program on your behalf, an RFP will be sent to every third party supplier in New Jersey that is licensed with the Board of Public Utilities. Your municipality is utilizing an independent Consultant to implement a procurement process for a third party supplier to provide energy supply to its residents.

  • How does the program work?

    • This program covers only the power supply portion of your electric bill.

    • The delivery and distribution of electricity under this program will continue to remain the same, through the regulated utility that serves your home.

    • New Jersey’s Retail Choice regulations allow you to purchase power supply from a third party supplier. Most residential electric customers in the State have not switched to a third party supplier; therefore they obtain their power supply from their Local Distribution Company.

    • The municipality has engaged an independent consultant to collect energy usage information, prepare bid specifications, and seek pricing from third party suppliers through a public bid process.

    • All municipality residents are automatically included in the Aggregation program unless they have already chosen a third party supplier.

    • The program will leverage the bulk purchasing power of all of the municipality’s residents to obtain power supply that is less expensive.

    • Although all residential customers in the municipality not currently purchasing from a third party supplier are automatically included in the program, a resident may “opt-out” of the program if they wish to.

    • The local utility will continue to handle your account, addressing any outages and maintaining service. The only change is the billing and cost of the energy provided.

  • Overall, how does the program benefit the residents?

    The program ensures that residents receive a rate that is lower than what the local utility is charging at the time of auction on July 16, 2019. It will also give them increased protection in obtaining a third party supplier by eliminating all the confusing fine print. It forces the third party suppliers to compete for your business on an even playing field by giving everyone a price on a larger amount of energy on the same date under the same terms and conditions that are dictated to them through our RFP criteria, rather than the supplier dictating to you what the terms of the contract will be.

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