This contract is for the provision of electric generation supply services from NJBPU licensed third-party electric suppliers. The contract was awarded to Constellation NewEnergy, Inc. for a term of 24 months, with an option to renew for an additional 24 months. The contract includes a provision for the vendor to provide electric generation supply services at a rate of $0.0213/kWh for Atlantic City Electric accounts. The contract also includes provisions for the vendor to provide other services, including billing and customer support. The key aspects of this contract include the provision of electric generation supply services, the term of the contract, and the rate at which the services will be provided. Some of the key benefits of this contract include the provision of reliable and efficient electric generation supply services, the potential for cost savings, and the opportunity for the vendor to provide additional services to the county.
• The contract was awarded through a competitive bidding process.
• The contract includes provisions for the vendor to provide electric generation supply services to the county.
• The contract includes a provision for the vendor to provide billing and customer support services.
• The contract has a term of 24 months, with an option to renew for an additional 24 months.
• The contract includes a provision for the vendor to provide electric generation supply services at a rate of $0.0213/kWh for Atlantic City Electric accounts.