NERA Manages 2025 BGS Auctions for New Jersey

The New Jersey Board of Public Utilities relied on NERA as Auction Manager for the 2025 Basic Generation Service auctions, which set wholesale supply prices for utilities beginning June 1, 2025. NERA’s post‑auction report confirmed that the BGS auctions were fair, transparent, and compliant with Board rules.

Document date · February 12, 2025

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Scope & details

The full contract record, as filed.

Contract type

CONSULTING

Contract term

For the 2025 BGS Auctions cycle

Renewal date

2025-06-01

Renewal

Engagement applies to the 2025 BGS auction cycle; any future BGS auction management services would require separate authorization or contract action.

Document type

Minutes

Source document

New Jersey Board of Public Utilities Minutes 2025-02-12

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the consulting contract by Board of Public Utilities | State of New Jersey?

NERA was awarded this consulting contract by Board of Public Utilities | State of New Jersey, as recorded on February 12, 2025.

What type of contract is this?

This is a Consulting contract, documented as a minutes record.

Where was this contract approved?

This contract appears in New Jersey Board of Public Utilities Minutes 2025-02-12 (Minutes), dated February 12, 2025 from Board of Public Utilities | State of New Jersey. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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