|
|
|
|
|
Maine PUC Orders Alternative Standard Offer Mechanism at CMP, BHE
January 19, 2012
Email This Story
Copyright 2010-
The Maine PUC has rejected the Standard Offer bids for the large non-residential classes at Central Maine Power Company and Bangor Hydro-Electric and directed Staff to work with CMP and BHE to arrange for Standard Offer service through an alternative means.
The utilities had been seeking supply for the large customer classes for the six-month period beginning March 1, 2012.
"Based upon our review of the standard offer bids for CMP and BHE's large class and information provided by Staff, we find that the large class bids for both CMP and BHE are non-conforming bids and therefore are insufficient under section 8(D) of Chapter 301 of the Commission's rules. Accordingly, we reject the standard offer bids for the CMP and BHE large class and direct Staff to work with the utilities to arrange for standard offer service though an alternative means," the PUC said.
The PUC did not elaborate on the non-conforming aspects of the bids.
The PUC previously rejected the BHE large customer class bids for the six-month period beginning September 1, and eventually adopted an approach where Standard Offer rates for this period are set shortly prior to the delivery month, based on current market prices (see 8/15). BHE retained Freedom Energy Logistics to manage supply for Standard Offer customers under this monthly approach.
Notably, when it rejected the BHE large customer Standard Offer bids for the September through February period, the PUC explicitly cited pricing which it considered unreasonably high, which it did not do in rejecting the current RFP results.
Email This StoryCopyright 2010-
|
|
|
|
|