Hunterdon County’s Freeholders, on August 20
, approved a new environment friendly ‘green’ electric service contract that requires up to 48% of the generated power to be produced from renewable energy sources, saves the County nearly $123,000 in electric costs over the next two years, and extends cost savings to nine municipalities in the County.
Through an online reverse auction bid process, conducted by the energy consulting firm Concord Energy Services, as part of a shared service co-operative purchase program with the municipalities, the contract was awarded to MidAmerican Energy Services, LLC, headquartered in Iowa.
Freeholder Board Director Suzanne Lagay stated, “When the Board authorized this process in February, I stated this type of shared services opportunity has real value to our taxpayers. Now that shared service value is evident as our participating municipalities will save between 9 and 10% of electric power costs over the two-year life of the contract.”