New Jersey Sustainable Energy Joint Meeting (NJ SEM)

Please be advised that the 2012 NJSEM electric auction took place yesterday, April 4, 2012, see attached executive summary for your information & files.  We are pleased to announce that the NJSEM received very favorable pricing from Suppliers.  We were able to award all contracts today, with the exception of the PSE&G fixed price GLP accounts.   The PSE&G fixed price GLP accounts will be rebid on April 19, 2012, we expect to secure pricing for these accounts at that time.  A list of all members included in the PSE&G fixed price GLP auction is attached to this email, please see excel document: PSEG Members.  The first tab shows all members and accounts included in the PSE&G fixed price GLP auction (due to take place April 19, 2012) and the second tab includes all members that were included in the PSE&G Multi Tariff auction (awarded April 4, 2012).

Pricing for all contracts secured yesterday is listed below (these prices are referred to on your bills as the “Price to Compare” or Basic Generation Service (BGS) and they include energy sales and use tax), NJSEM Members are not exempt from energy sales and use tax. As of 1/1/98, the retail sale of gas and electricity (on both the commodity and utility service charges) is subject to energy sales and use tax.  Unless a customer is buying gas for a current cogen facility in operation on or before 3/10/97, there are no exemptions. According to the Department of Treasury, everyone, including municipalities, is subject to this tax. –

PSE&G

PSE&G Multi Tariff Accounts

Supplier: Hess Corporation

Price: $0.07890

Contract Term: Meter Read Date June 2012 – Meter Read Date June 2013

**please note - that PSEG multi tariff includes LPLS and HS tariff accounts only and not GLP tariff accounts**

PSE&G Street Light Accounts

Supplier: South Jersey Energy

Price: $0.04632/kWh

Contract Term: Meter Read Date June 2012 – Meter Read Date June 2013

JCP&L

JCP&L Fixed Price Accounts

Supplier: Hess Corporation

Price: $0.07500/kWh

Contract Term: Meter Read Date June 2012 – Meter Read Date June 2013

JCP&L  Street Light Accounts

Supplier: Reliant Energy

Price: $0.04614/kWh

Contract Term: Meter Read Date June 2012 – Meter Read Date June 2013

Orange & Rockland

Orange & Rockland Fixed Price Accounts

Supplier: Hess Corporation

Price: $0.07470/kWh

Contract Term: Meter Read Date June 2012 – Meter Read Date June 2013

Orange & Rockland Street Light Accounts

Supplier: Hess Corporation

Price: $0.05810

Contract Term: Meter Read Date June 2012 – Meter Read Date June 2013

Atlantic City Electric

Atlantic City Electric Fixed Price Accounts

Supplier: Hess Corporation

Price: $0.06980/kWh

Contract Term: Meter Read Date June 2012 – Meter Read Date June 2013

Atlantic City Electric Street Light Accounts

Supplier: Reliant Energy

Price: $0.04455/kWh

Contract Term: Meter Read Date June 2012 – Meter Read Date June 2013

Please be advised – if you become aware that one of the accounts that you have included in this RFB is being removed or closed for any reason, you must contact Tara Pasca of Birdsall Services Group right away (tpasca@birdsall.com / 908.497.8912).  Dropped accounts can result in early termination fees, please make every effort to communicate any changes in accounts to avoid such fees.

Adding additional accounts:  There will be a period when NJSEM members may add additional accounts to the RFB.  An email will be sent to all members when this option is available.  It is the responsibility of each individual NJSEM member to submit additional accounts in the format requested in order to ensure proper enrollment by the Supplier.

It is strongly suggested that this email be forwarded to all personnel within your organization that this information pertains to.  In years past, this information was not communicated to the appropriate personnel, which resulted in dropped accounts. As stated above, dropped accounts can result in early termination fees from the Supplier.

If your 2012 NJSEM electric supplier is able to offer consolidated billing, please keep in mind that if you are more than 60 days past due on your Utility bill, your Utility will not allow the Supplier to enroll those accounts for consolidated billing, this is a decision that the Utility company makes, not the Supplier.  If any of your accounts are unable to take advantage of consolidated billing, they will revert to dual billing resulting in two bills monthly for said accounts:  one from your Utility and one from the Supplier.

Information regarding the Suppliers:

Hess Corporation:  all members will receive a bill from Hess Corporation as well as a bill from your Utility monthly(dual billing).  In an effort to reduce paperwork Hess will make every attempt to include all fixed price accounts on one bill and all street lighting accounts on one bill.  If Hess does not receive the necessary meter read information from your Utility in a timely manner, you may receive more than 2 bills monthly.

The 2012 contract manager is Mr. Kevin George, contact information for Mr. George is listed below. 

Kevin J. George

Manager Government Sales
Hess Corporation
Direct  732.750.6888   
Fax     732.750.6378
kgeorge@hess.com       

www.HessEnergy.com

Reliant Energy:  all members will receive consolidated billing, unless your Utility bill is more than 60 days past due.  If that is the case you will receive two bills monthly for said accounts:  one from your Utility and one from the Supplier.

The 2012 contract manager is Mr. Bill Conway, contact information for Mr. Conway is listed below. 

Bill Conway
Energy Marketing Manager, C&I Sales Northeast

Reliant, an NRG Company

104 Carnegie Center
Princeton, NJ 08540
732.908.0670 phone/877.297.3793 fax

bconway1@reliant.com

South Jersey Energy: all members will receive consolidated billing, unless your Utility bill is more than 60 days past due.  If that is the case you will receive two bills monthly for said accounts:  one from your Utility and one from the Supplier.

The 2012 contract manager is Mr. Edward Peterson, contact information for Mr. Peterson is listed below.

Edward H. Peterson Jr.

Manager, Commercial Sales

South Jersey Energy Company

1317 Route 73 North

Suite 206

Mt Laurel, New Jersey 08054

Phone: 609-568-9028, Ext 6922

Fax:     856-608-6847

Cell:     609-335-6280

Email:  epeterson@sjindustries.com

Remember  to check the NJSEM website periodically for updates and information – www.njsem.org

The New Jersey Sustainable Energy Joint Meeting (NJSEM) is an energy purchasing  group of approximately one hundred and sixty five (165) New Jersey municipalities and authorities who  have joined together to provide its membership (many of whom have multiple small volume accounts) equal footing with large commercial and industrial users when procuring competitively priced energy.  The goal of the NJSEM is to pool the resources of its municipal entities to purchase natural gas and electricity competitively.  The ultimate objectives are price stability and budgetary certainty for all members, secured through a competitive bid process with the opportunity to realize savings which might not otherwise be available to customers who solicit on their own.    

The results of the 2011 Aggregated Electric Bid will provide NJSEM members in total with an estimated $4 million reduction from projected utility default supply costs, along with budgetary price certainty.

NJSEM held multiple on-line reverse auctions for fixed price and street lighting accounts in the utility territories of PSE&G, JCP&L, Atlantic Electric (ACE) and Rockland Electric (O&R).  Requests for bids specified a 12-month term for each tariff class.   All NJBPU-approved Third Party Suppliers for the commercial and industrial markets were solicited.  The World Energy Solutions reverse auction platform, approved by the NJDCA, was utilized to provide secure, transparent access and price discovery, and to process market participant communications.

For all auctions, the fixed prices for the aggregated electricity bids include applicable Sales and Use tax and fees, and contain the same cost elements included in the utilities “Price to Compare” on members monthly bills. 

Please click on the ‘join the SEM’ tab on the NJSEM website for more information about  joining the New Jersey Sustainable Energy Meeting.