Mayor Yaede Proposes 2nd Stage of
Hamilton’s Energy Aggregation Program
Community-Wide Savings Could Total $3 Million;
Average Resident Would Saving $90 Over 15-Month Period
community, Hamiltonians could save upwards of $3 million with full
participation by eligible residents under a 2nd stage of Hamilton’s
Energy Aggregation Program, which Mayor Kelly Yaede has proposed to the Township
the new installment of the program, Constellation NewEnergy – which submitted
the lowest electric supply price – would provide residents electricity at a
price about 12% lower than the local utility’s (PSE&G) electricity supply
price (known as the price-to-compare), and more than 6 percent below the projected
PSE&G price over the 15-month term of the contract.
approved, over the 15-month contract the average resident would save an
estimated $90 (although each customer’s usage would determine their respective
savings). This new stage of the program would start this June and continue to
September of 2020.
Hamilton’s 1st stage of its Energy Aggregation Program achieved a
community-wide savings for participating residents of over $1 million (compared
to what participating residents would have paid for electricity supplied by
PSE&G over the same time period).
program offers many of our residents an opportunity to save on their electricity
cost, which is why I have proposed a second stage of this program,” explains
Mayor Kelly Yaede.
residents would have the opportunity to opt-out if they do not wish to
participate (similar to the 1st stage of the program).
approved, further information will be available at HamiltonNJ.com/Energy and
subsequent notification mailings would be send to eligible residents prior to
the start of the program’s new stage.