Earlier this month, at the City's direction, The South Hunterdon Regional Energy Cooperative(SHREC) went out to bid seeking a new independent residential electricity supplier. Unfortunately, the new bid prices were no better than those received in 2017; therefore, the City did not award a new contract. 

Former Mayor of Lambertville Dave Del Vecchio called attention today to Standard & Poor's (S&P) affirming the City's 'AA' bond rating, pointing to the low interest rate received on the most recent bond issue. The rating agency released its updated rating on March 20th.