One of the largest operating costs (and certainly one of the most unpredictable) facing New Jersey public entities today is that of natural gas, electricity and other forms of energy which have been on a steady course of increase over the past few years.
In addition to rising energy costs, municipal energy users are concurrently facing:
- Social and regulatory pressure to reduce dependence on foreign oil;
- Pressure to increase the use of energy generated by renewable sources, and;
- Mandates to reduce greenhouse gas emissions
Energy may well be the most pressing issue facing public entities today.
The New Jersey Municipal Environmental Joint Insurance Fund desires to establish a Sustainable Energy Meeting (SEM) that would serve its members as a knowledge-based energy purchasing group designed to help New Jersey public entities initially reduce their energy costs and ultimately meet their social and regulatory obligations.
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