UTILITIESAPPROVED

Northwest Bergen County Utilities Authority AgendaPacket Regular Meeting 2026-05-19

Authority joins WGL cooperative electric supply contract

Northwest Bergen County Utilities AuthorityWGL ENERGY SERVICES INCMay 19, 2026

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Description

Through Resolution 42-2026, the Authority confirmed participation in a 24‑month cooperative electricity generation supply contract with WGL Energy Services, Inc., running from November 2025 to October 2027. The competitively bid agreement provides fixed energy pricing for multiple PSE&G account groups and is projected to generate significant savings versus utility default rates.

Contract Details

Vendor

WGL ENERGY SERVICES INC

Agency

Northwest Bergen County Utilities Authority, NJ

Contract Type

UTILITIES

Document Date

May 19, 2026

Contract Term

Twenty-four (24) months from first meter read on or after November 1, 2025 to first meter read on or after October 31, 2027

Renewal Date

2027-10-31

Renewal Info

Master Electric Generation Supply Service Agreement executed by Bergen County on September 23, 2025 for a 24‑month term; Authority’s participation runs until the first meter read on or after October 31, 2027.

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Issuing Agency