MANCHESTER – Township officials recently met for a special afternoon meeting concerning the community’s Energy Aggregation Program. The end result was that the status quo will remain in place.
Mayor Robert Arace stated recently that in “remaining sensitive to the everyday budgeting concerns of our residents as we all navigate uncertain economic times. I recognize that any opportunity to realize savings adds up.”
“The Township Council and I have heard frequently from many residents that they appreciated the reduced energy bills thanks to the Manchester Community Energy Aggregation Program. The previous energy aggregation contract expired last December,” the mayor said.
Mayor Arace added, “unfortunately, since then bids from third party energy suppliers have been higher than those rates offered by JCP&L, meaning that the township has not been able to enter into a new energy aggregation agreement.”
The mayor said that in February, a new round of bids were solicited, in hopes that a third party might provide savings compared to JCP&L’s rates. After the bids were in, it was determined that the lowest price offer received came in 3.3 percent higher than the average JCP&L tariff price.
“Given that this rate is unfavorable to our residents, no contract will be awarded. Our residents will continue to receive the best energy generation rate available, provided by JCP&L,” he said.
“My goal remains to enter into a new energy aggregation contract should a more favorable rate be presented. The Manchester Community Energy Aggregation Program benefits everyone, from young families to seniors living on fixed incomes,” Mayor Arace added.
“I understand that many have become accustomed to the program, and it is one that I, personally, am very much in favor of continuing. I am hopeful that market rates will continue to improve, and the next round of competitive bids will provide favorable terms that will benefit our residents,” he said.
