Cinnaminson Enters Into Energy Aggregation Program

Cinnaminson, NJ -- Cinnaminson is one of 10 Burlington County municipalities that have entered into a government energy aggregation program designed to save county residents money on their electric bills, the township announced on Thursday.

Together, the townships involved in the program give a company permission to be the energy supplier for all of these households. Each customer will still receive a bill from their current electric company.

They will continue to call their local electric company in case of an outage, and generally never notice any change.

However, the energy supplier changes, and the program is designed to help the townships save money. The theory is the bigger the group, the bigger the savings, and that the government program is able to get a better price than individuals are.

The Burlington County Freeholder Board held a competitive auction on Tuesday, June 14, and the county says residents will save a total of more than $2.8 million.

“I am pleased to announce that this process has enabled us to obtain real savings for our residents,” Burlington County Freeholder Mary Ann O’Brien said. “Customers of Jersey Central Power and Light (JCP&L) will recognize a savings of at least 20% over their current rate, with customers of PSE&G recognizing a savings of at least 5% and Atlantic City Electric (ACE) customers seeing a savings of at least 13%; for an average of more than 12% in savings over 14 months.”

The way the program is set up is that the group enters into the plan, and individuals then have the option to leave, or “opt out of” the program by calling the supplier directly.

The program goes into effect in September, with participating residents expected to see savings in their October electric bills.

The Burlington County Bridge Commission will partner with the Freeholders to execute the energy aggregation program, providing technical and professional support and services, according to the post on the Cinnaminson Community Connection Facebook page.

The program was made available to all municipalities in the county, with 10 ultimately deciding to join the program.
Those towns include Burlington City, Cinnaminson, Florence, Lumberton, Moorestown, Palmyra, Southampton, Riverside, Woodland, and Wrightstown.

Other towns will have another chance to join the program at a later date if they choose to.

For more visit, Cinnaminson NJ Community Connection on Facebook.