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D.C. PSC to Investigate Integration of Dynamic Pricing into SOS

June 6, 2011
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The District of Columbia PSC has sought stakeholder input regarding the potential integration of dynamic pricing and the Standard Offer Service procurement for electric generation services, and the opportunities available to alternative retail electricity suppliers to provide dynamic pricing products to customers in the District (FC 1017 & 1056).

The PSC will conduct a legislative-style hearing on June 16 regarding the following:

- The potential use of a Critical Peak Rebate ("CPR") rate as the default SOS and resulting rate implications;

- The sharing of information regarding dynamic pricing programs with wholesale SOS bidders;

- How CPR could be funded:

- The willingness of SOS wholesale bidders to offer a CPR rate and assume the risk for funding a rebate program once a valid track record has been established for CPR;

- From Pepco's and suppliers' perspectives, the necessary changes and actions needed for the District's 2011-2012 and/or 2012-2013 SOS winter auction, if any, if the Commission decides to implement dynamic pricing within the next two years;

- The key factors that will influence wholesale bidders' participation in the SOS auctions in anticipation of future retail rate design changes under dynamic pricing;

- The policies necessary to facilitate the sale of dynamic pricing products offered by alterative retail electricity suppliers, and the appropriate role of such suppliers in providing dynamic pricing through competitive offerings and/or through SOS;

- Whether or not a new hourly priced service should be offered -- similar to the existing Market Price Service -- as part of SOS and, if so, how broadly available it should be;

- The circumstances under which alternative retail electricity suppliers might offer critical peak pricing ("CPP"), and the customer-related information alternative suppliers would need in order to provide CPP; and

- The circumstances under which alternative retail electricity suppliers might offer time-of-use ("TOU") pricing, either on a stand-alone basis or in conjunction with a dynamic pricing option, and the customer-related information alternative suppliers would need in order to provide TOU pricing.

As only reported in Matters (6/10/10), Pepco is seeking to transition all SOS customers to a critical peak rebate by 2014, while providing SOS customers with an optional critical peak pricing product.


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