The New Jersey Board of Public Utilities (NJBPU) approved a petition filed by Atlantic City Electric Co. (ACE) that modifies power purchase agreements
Highlights
- Atlantic City Electric Co.
- (ACE) modifies power purchase agreements (PPAs) and power sales agreements (PSAs) Under the agreements, coal-fired generation will cease on or around May 31, 2022.
- ACE customers will see up to $30 million in energy bill savings through the end of 2024.
- New Jersey Board of Public Utilities (NJBPU) approved a petition filed by ACE that modifies the agreements.
- The Logan Generating Plant is a 225-MW unit in Swedesboro, New Jersey, entered commercial operation in September 1994.
- Chambers Cogeneration Ltd.