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New York Asks If ESCOs Should Pay Annual Fee, Whether Eligibility Requirements Should Be Changed

February 26, 2014

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Copyright 2010-13 EnergyChoiceMatters.com
Reporting by Karen Abbott • kabbott@energychoicematters.com

As part of its further investigation into the retail energy markets, the New York PSC has asked for comment on ESCO eligibility requirements, and whether an annual fee should be imposed on ESCOs.

"We have not revisited the ESCO eligibility requirements for several years. Our research indicates that several states, including Maryland and Connecticut, assess a licensing fee for new ESCOs. Others, including New Jersey, require an annual fee from ESCOs. Further, most states have fewer ESCOs than in New York. We invite comment on changes to eligibility requirements that are consistent with our efforts to encourage energy-related value-added services as well as compliance with our UBP," the PSC said.

Specifically, the PSC asked:

• Consistent with the Commission's efforts to encourage energy-related value-added services as well as compliance with the UBP, what changes to ESCO eligibility requirements should the Commission consider?

• Consistent with efforts to encourage ESCO compliance with the UBP and other Commission rules, what changes to ESCO eligibility requirements should be considered? For example, should the Commission consider requiring ESCOs to pay application or annual fees?

Related New York Stories Today:

Black Tuesday: New York Adds Recourse to Purchase of Receivables; Will Adopt ESCO-Specific Discounts

Here's What ESCOs Will Be Required to File, and What New York Will Disclose, in Reporting ESCO Historic Pricing

New York Bans Teaser Rates from Power to Choose; Requires ESCOs to "Guarantee" Customers Pay No More Than Power to Choose Pricing, Expands Site to Small Commercial

State Ends Retail Supplier Customer Referral Programs

Here's How All ESCO Mass Market Sales Pitches Must Start in New York, and What TPVs Must Cover

State: Large Number of Retail Suppliers, "Generating Revenues By Offering Consumers Little More Than Higher Prices"

New York to Develop Standard ESCO Contract Renewal Notice, Requires Additional Notice If Renewal A Fixed Rate

New York Explains Treatment of Current Low-Income Customers on ESCO Service, Now That Such Service Is Generally Prohibited

New York to Examine Supplier Consolidated Billing, Customer Acquisition Costs, Other Barriers to Value-Added Offerings

Case 12-M-0476

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