|
|
|
|
|
Precedent: PUC Approves Nonbypassable Charge for Generation Supply Costs from Polar Vortex
The Pennsylvania PUC approved nonbypassable charges at Citizens' Electric Co. and Wellsboro Electric Co. to recover unanticipated and excessive costs from the polar vortex.
Citizens' and Wellsboro rely on a portfolio of block and spot purchases, not full requirements contracts, for default service, which led to unrecovered costs as default service rates (set in advance and fixed for three months) did not reflect unanticipated PJM energy and ancillary charges during January
No opposition was filed to the nonbypassable charges which will be used to recover the unrecovered default service supply costs.
An illustrative example of the riders indicated that the nonbypassable rider would be 1.186¢/kWh at Citizens' and 0.8750¢/kWh at Wellsboro. The final rates will be set in a compliance filing prior to becoming effective.
The riders will be in place for six months, starting June 1, 2014
R-2014-2406399 et. al.
ADVERTISEMENT Search for more retail energy careers: Copyright 2010-
May 23, 2014
Email This Story
Copyright 2010-14 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com
NEW Jobs on RetailEnergyJobs.com:
• NEW! -- Account Representative / Account Executive -- Retail Supplier
• NEW! -- Business Development/Sales -- Retail Supplier -- New York
• NEW! -- Senior Pricing & Structure Analyst -- Retail Supplier
• NEW! -- Business Development Manager -- Texas -- DFW
• NEW! -- Account Manager
• NEW! -- Billing Supervisor -- Retail Supplier -- Texas -- Houston
• NEW! -- Customer Service Agent -- Retail Supplier -- Texas -- Houston
• NEW! -- Energy Consultant / Analyst
• NEW! -- Vice President of Supply -- Retail Provider -- Houston
• NEW! -- VP/Director of Operations -- Retail Supplier -- Houston
• NEW! -- Power & Natural Gas Portfolio & Pricing Analyst -- Retail Provider -- Houston
• NEW! -- Business Development Manager
RetailEnergyJobs.com
|
|
|
|