ELECTRIC GENERATION SUPPLY SERVICE FROM NJBPU LICENSED THIRD PARTY ELECTRIC SUPPLIERS

This contract is for the provision of electric generation supply service from NJBPU licensed third-party electric suppliers to the County of Ocean, New Jersey. The contract was awarded to Constellation NewEnergy, Inc. for a term of 5 years, with an option to renew. The contract includes a provision for the furnishing and delivery of electric generation supply service at a rate of $0.0213/kWh for Atlantic City Electric Accounts. Key aspects of this contract include: • The contract term is for 5 years, with an option to renew. • The contract includes a provision for the furnishing and delivery of electric generation supply service at a rate of $0.0213/kWh for Atlantic City Electric Accounts. • The contract was awarded to Constellation NewEnergy, Inc. through a competitive bidding process. • The County of Ocean, New Jersey, is the contracting authority for this contract. • The contract includes provisions for payment, delivery, and performance.