Moorestown Plans Informational Sessions Concerning Energy Aggregation Program

Moorestown, NJ -- Three informational sessions are scheduled for Moorestown residents to learn more about the Energy Aggregation Program the township recently entered into, officials said on Tuesday.

All three sessions will take place on Wednesday, July 20, at town hall. They are scheduled for 11 a.m., 4 p.m. and 7 p.m.

Moorestown is one of 10 Burlington County municipalities that 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.

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 post.