Livingston's Energy Aggregation Update: August 2020

Press release from the Livingston Township:

Aug. 18, 2020

The Township of Livingston launched a new program in 2019, called the Livingston Community Energy Aggregation (“LCEA”), with the goal of obtaining power supply with higher renewable energy content and at a lower price than power supply provided by the local electric utility.

The Township’s contracts with Constellation New Energy (participating residents in JCP&L territory) and Direct Energy Services (participating residents in PSE&G territory) under Round 1 of the LCEA program will be coming to an end in September 2020 and October 2020, respectively. The Township recently went back out to bid for new contracts for a Round 2 of the program; however, based upon the bid results and current market conditions the Township determined that, at least temporarily, power supply provided by the utility is the best option.

Residents currently participating in the LCEA program will be transitioned back to utility-provided power supply effective September 2020 (JCP&L territory) and October 2020 (PSE&G territory), while the Township continues to test the market for another opportunity to procure greener and cheaper power supply for its residents.

For more details, read the complete Program Update here (PDF).

This press release was produced by the Livingston Township>. The views expressed here are the author’s own.