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Agenda. New Jersey DeregulationElectric Basics-RecapCustomer and Rate TypesBGS definedBGS=Energy Supply=Price to CompareThe Procurement ProcessUpdate on Electric Procurement EffortDiscussion on Strategy for upcoming Auctions. NJ Deregulation Overview. Electric Discount and Energy Competition Act of 1999 changed the 90-year monopoly structure of the electric and gas utility industries in NJDeregulated the generation portion of the electric bill and the commodity (NYMEX) portion of the nat1141

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