NJ is part of the PJM interchange for electricity. PJM has a horrible history of meeting clean energy goals set by the State and consequently, instead of generating clean energy, providers like PSE&G have met quotas by purchasing certificates from power plants in other areas that count towards the clean energy mandate.
The CCA program extends the ability to purchase those certificates (called RECs or Renewable Energy Credits) from third-party electric suppliers.
Some towns seem to have had a rocky start, unable to find bids, some found initial bids, but couldn’t find renewals. The information (pro and con) is laid out below.
My hope is that people will share and read about the program to have an informed discussion at our subsequent council meetings.
– Keith Kaplan
What is Community Choice Energy Aggregation?
The general concept behind the program is to allow an entire County / Town(s), to use their collective purchasing power to decrease electric rate prices for clean energy supply. In theory, if you can make clean energy less costly through aggregation, everyone can replace dirty energy sources while spending the same amount they paid through PSE&G (or at a small discount).
The legal basis for the program can be found in the NJ legislature’s Government Energy Aggregation (“GEA”) Act of 20031. It permits counties and municipalities to create an ordinance (or resolution) to establish an “Aggregation Program”.
Does Air Become Cleaner?
It does…. somewhere. But only if the Municipality can find a bid. Continue reading “Community Choice Energy Aggregation: Coming soon?”