Hoboken to launch renewable energy program

Hoboken Mayor Ravi Bhalla discusses the city's Climate Action Plan in 2019. The new renewable energy program is part of the plan to reach net-zero energy by 2030.

Hoboken will launch a new citywide renewable energy program that will allow residents to get more of their energy supply from green sources.

The program, which was revealed by the Hoboken mayor’s office, will offer residents a baseline of 10 percent more electricity from renewable sources like wind or solar than the current state minimum levels, which is at roughly 23.5 percent. Residents can also choose to have 100 percent of their electricity from renewable resources.

“I am excited that after years of effort, residents will be able to take advantage of more renewable energy to power their homes,” said Mayor Ravi Bhalla in a press release. “Together, we can all do our part to help ensure a brighter, greener future for younger generations.”

The program is part of the city’s Climate Action Plan that was launched by Bhalla in 2019, with the goals of having net-zero energy by 2030 and going carbon neutral by 2050.

Hoboken’s new standard energy program will charge 12.84 cents per kilowatt per hour, which is lower than the PSE&G current rate at 13.3 cents per kilowatt per hour. The 100 percent green energy plan will cost 14.54 cents per kilowatt per hour.

Energy supplies will be provided through the program via a partnership with Direct Energy, with PSE&G continuing to distribute electricity to residents and supplying monthly bills. The city said that residents will not receive a separate bill from Direct Energy.

The program will run from March 1, 2022 to Nov. 30, 2023. Residents will be automatically enrolled in the standard baseline service in March 2022, and have until Jan. 31, 2022 to opt-up, or also opt-out of the program entirely.

The city will also be hosting a virtual info session about the new program on Jan. 6, 2022 from 6 to 8 p.m.. Registration for the event is available at hobokennj.gov/renewablenergyzoom.

For more information about the program, go to www.hobokennj.gov/renewableenergy, call 1-866-968-8065, or email aggregationsupport@directenergy.com.

For updates on this and other stories, check www.hudsonreporter.com and follow us on Twitter @hudson_reporter. Mark Koosau can be reached at mkoosau@hudsonreporter.com or his Twitter @snivyTsutarja.