NEW BRUNSWICK, NJ - A public information meeting regarding New Brunswick’s new renewableNB program - one that will provide the city with the highest percentage of renewable energy use by any municipality in the state - is scheduled for Thursday, June 6.
The meeting will be held from 6:30 to 8 p.m. in Council Chambers of City Hall, 78 Bayard St.
The City's partnership with Direct Energy Services will yield a lower rate for residential electrical energy supply. The primary goals of the program are to provide annual savings and rate stability for participating consumers, while including a higher percentage of green renewable energy, making the city a leader in carbon footprint reduction in the state.
The program term begins with meter readings in July 2019 and extends for 17 months, to December 2020. Enrollment in the new program is automatic for all residents unless they opt out or have already contracted with a third-party energy supplier. The opt-out period is May 20-June 19.
Representatives from the city, Good Energy and Direct Energy Services will be in attendance. Spanish-speaking representatives will also be on hand.
The city is seeking to position itself as a leader in renewable energy, and through the renewableNB energy aggregation program, 50% of New Brunswick’s electrical energy will come from renewable sources.
Direct Energy Services on May 7 won a bid to provide third-party energy to the city at a rate of .11386 cents per kilowatt hour for a 17-month contract. Through this arrangement, residents will continue to receive power bills from PSE&G, but will see a designation on their bill indicating the sourcing of their energy via Direct Energy and the cost savings incurred per bill.
The partnership with Direct Energy Services puts the city five years ahead of schedule in its plan to incorporate 100% renewable energy by 2035.