Mayor Bhalla, city of Hoboken announces the launch of new renewable energy program
Mayor Ravi S. Bhalla and the city of Hoboken announced the launch of the city's new renewable energy program Monday.
Residents will be able to get more of their energy supply from green sources, like wind or solar.
They will also have the choice to opt-up to have 100% of their electricity derived from renewable sources or opt-out of the program altogether and maintain their current state minimum energy supply.
The city established this program to provide 10% more clean, green energy at a lower electricity supply price than what PSEG is currently offering at 12.84 cents per kilowatt per hour.
For those seeking to opt-up to have 100% green energy, the cost is only 14.54 cents per kilowatt per hour, compared to PSEG's current price.
This program will become effective on March 1, 2022, and will continue until Nov. 30, 2023.
The city of Hoboken's goal is to reach net-zero energy by 2030.