WILDWOOD – City commissioners introduced an ordinance June 26, establishing an electric aggregate program for residents. Mayor Ernie Troiano emphasized that the program would save taxpayers’ money.
According to the ordinance, “The establishment of a government aggregator and an energy aggregation program to purchase electric generation service…will increase competition for the provision of electric power to residential users, thereby increasing the likelihood of lower electric rates for these users without causing any interruption in service.”
Residents may opt-out of the program, said the mayor. The Government Act of 2003 allows municipalities to form such programs. The ordinance will be presented on second reading at the July 10 commissioners’ meeting.
