PISCATAWAY – June 6, 2019 – The Educational Services Commission of New Jersey, which operates a government energy aggregation program to reduce electric costs for residents, announces the addition of New Brunswick, and the renewal of Gloucester and Somerdale, into the co-op.
ESCNJ has created a large and growing buying group of residential electricity accounts in order to seek bids from third-party energy suppliers, allowing for cheaper energy supply rates for all participants. There is no cost for a government entity to join this co-op; it is open to any entity in the state that receives public funding.
“Much like buying in bulk at a big-box store, electricity and natural-gas aggregated purchasing offers strength in numbers,” explained ESCNJ Business Administrator Patrick Moran. “By combining the electric and natural-gas usage of a variety of public organizations, the ESCNJ Energy Program can negotiate a lower member rate than the utility’s default charge, giving participants greater budgetary freedom.”
Members have direct access to professional energy consultants who can answer questions about energy budgeting and facility efficiency. ESCNJ contracts with Good Energy in New York to provide this specialized service.
Good Energy handles design, implementation and management of community electricity aggregation programs and has been a pioneer in helping municipalities across the country provide a responsible alternative to utility rates with state of the art renewable energy strategies. The consulting firm is the largest national consultant for government energy aggregation, with more than 250 programs in six states.
“Good Energy is passionate about innovating in creative ways as we seek to help communities meet their climate conscious energy goals while saving their residents money,” said Charles de Casteja, Good Energy’s Managing Partner.
In addition to reduced costs, the ESCNJ Energy Program offers members stable, reliable pricing, avoiding the pitfalls of utility pricing subject to volatile markets, such as natural gas, Moran said. By creating purchasing groups within each electricity and natural-gas utility area, the program takes advantage of aggregation and key purchasing times to secure the best prices for members.
ESCNJ evaluates historical usage data of residents within a participating municipality to help determine the best purchasing options, Moran said. The program is open to any entity in the state that receives public funding.
Under the program, New Brunswick will source 50 percent of its electrical energy, vastly from local renewable sources, resulting in a cost savings to residents and a reduction in the carbon footprint of the city. Furthermore, New Brunswick residents who want 100 percent renewable can “opt-in” by calling the third-party supplier.
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 energy via a third party and the cost savings realized.
“We are very pleased to be able to offer this new plan to our residents,” said New Brunswick Mayor Jim Cahill. “This plan lowers electrical costs for each enrolled resident, while placing us five years ahead of schedule to increase our community’s renewable energy use to 50 percent. It is a positive step in direct line with our sustainability efforts while saving money for our residents and building a cleaner future.”
This will be the highest percentage of renewable energy use by any community in New Jersey, putting New Brunswick five years ahead of schedule in its plan to incorporate 100 percent renewable energy by the year 2035.
Learn more at https://escnj.energy/contact/
Since its founding in 1977, the Educational Services Commission of New Jersey (ESCNJ) coordinates regional transportation services for educational institutions and municipalities to limit the tax burden on New Jersey residents. As the state’s largest provider of educational and business services, ESCNJ serves more than 1250 school districts and municipalities throughout New Jersey.