GLEN ROCK, NJ – This Sunday, March 7 is the opt-up deadline to sign-up to 100% renewable energy under the borough’s latest attempt to offer residents and businesses a greener source of energy for $6 extra per month beginning in April.
Opting out of the 100% renewable energy program can be done any time.
In 2019, the Borough of Glen Rock formed the Discounted Energy Aggregation Plan (“DEAL”) with the goal of using bulk purchasing power to procure an electric power supply on behalf of Borough residents with a higher renewable content, and at a lower price than the power supply provided by PSE&G. This contract recently expired in December 2020. To create additional purchasing power for the next round of the program, Glen Rock has joined together with the towns of Glen Ridge, Livingston, Montclair, Maplewood, South Orange Village, and Verona, under the program referred to as the Sustainable Essex Alliance Renewable Government Energy Aggregation (“SEA R-GEA”).
We are pleased to inform you that, as a result of a recent competitive bid process, a new 17-month contract was awarded to the low bidder, Energy Harbor, LLC, for residents in the participating SEA R-GEA municipalities located in the PSE&G territory, including those in the Borough of Glen Rock. The new contract with Energy Harbor, which begins April 2021, will provide electric supply with nearly double the renewable content of standard energy supply currently provided by PSE&G, at a fixed price of $0.12696/kWh. As compared to the PSE&G price that fluctuates monthly, the $.12696/kWh price will remain steady and the typical participating resident over the 17-month contract term, with a substantially higher renewable energy content, and with no change to the level of service. Residents also have the ability to ‘OPT-UP’ to a 100% renewable energy product at a modest price premium of approximately $6 per month for a typical participating resident. If you wish to select the voluntary 100% renewable energy product option, please call Energy Harbor at: 1-866-636-3749 on or before March 7, 2021.
If you do not wish to participate in the SEA R-GEA program for any reason, the borough offers the option to opt-out at any time. If you do not opt-out of the SEA R-GEA program, you will receive a notification from PSE&G in March that your account is being enrolled with the new SEA R-GEA supplier, Energy Harbor, effective with the April 2021 meter read.