Monday, September 8, 2014

Four NJ towns consider pooling their power purchases

A 2003 New Jersey law allows municipalities, either individually or in tandem, to pursue cost saving by pooling customers and buying in bulk from a third-party, non-utility producer of electricity. Four towns in Mercer County are thinking about joining together to do just that.

"Ewing, Hopewell Township, Lawrence and West Windsor, boasting a combined population of about 115,000 people, could achieve electricity cost savings by participating in “energy aggregation,” Brendan McGrath reports in the Times of Trenton.

At 7 p.m. on Sept. 18, the four towns will host a public information session at the Mercer County Community College conference center in West Windsor. An energy aggregation consultant will give a presentation and public officials will be in attendance.

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