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Teaneck Police Department
Monday August 7th, 2023 :: 11:53 a.m. EDT

Advisory

TEANECK COMMUNITY ENERGY AGGREGATION UPDATE

The Teaneck Community Energy Aggregation (TCEA) was launched in 2022, with the goal of using bulk purchasing power to procure electric power supply on behalf of residents at a comparable price, and with a higher renewable content, than power supply provided by PSE&G.

The TCEA launched its first round program in 2022, but unfortunately, due to skyrocketing energy market prices, we were unable to obtain
favorable pricing to procure a supply contract.

The TCEA and its energy agent, Gabel Associates, Inc., have been closely monitoring the energy market for opportunities since last summer. The TCEA will go back out to market as soon conditions warrant and will notify residents if and when a contract is signed, and the program is active.

Please monitor the Township’s website for any updates. See attachments for additional information.

Warmest regards,

Dean Kazinci
Township Manager

Address/Location
Teaneck Police Department
900 Teaneck Rd
Teaneck, NJ 07666

Contact
Emergency: 9-1-1
Non-emergencies: 201-837-2600

Dean Kazinci
Manager's Office
[email protected]
201-837-1600

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