District renews ACES cooperative for electric generation
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Description
The Board approved Year 4 of 5 participation in the Alliance for Competitive Energy Services (ACES) cooperative for electric generation, authorizing the lead agency to execute master agreements with third-party power suppliers on the district’s behalf. The program aims to secure electricity at lower rates than basic utility service.
Contract Details
Vendor
ALLIANCE FOR COMPETITIVE ENERGY SERVICES
Agency
Freehold Borough School District, NJ
Contract Type
UTILITIES
Document Date
May 18, 2026
Contract Term
Year 4 of 5 during 2026-2027 school year
Renewal Date
2027-06-30
Renewal Info
Five-year ACES participation; this action covers Year 4 (2026-2027) for electric generation services.
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