South Jersey communities working with Good Energy have began groundbreaking government energy aggregation (GEA) programs with the potential to save millions in energy costs.
Through the New Jersey Government Energy Aggregation (GEA) program, residents of Gloucester Township, Somerdale, and Winslow may see savings on energy bills as soon as August. As the largest GEA in New Jersey, the program may save the communities $3 million per year, and about 36,000 households could save about $100 per year.
New Jersey is one of several states that allow communities to aggregate residential customers and solicit bids from third party energy suppliers. As a leading energy consultant, New York-based Good Energy secured bids this May for this initial, 14-month program that fixes low rates for residents.
Somerdale Mayor Gary Passanante called the program a “win-win for everyone.” Gloucester Mayor David Mayer also praised the program and how well the towns cooperated to create savings for residents.