|
|
|
|
|
Pennsylvania Approves Use of 24-Month Contracts For Default Service Through 2017, Retains NITS as Retail Supplier Responsibility
The Pennsylvania PUC yesterday approved a default service plan for the FirstEnergy Pennsylvania utilities covering the period June 1, 2015 through May 31, 2017.
Although a written order was not yet available, the PUC approved a recommended decision, which adopted a settlement among the parties addressing all issues but the treatment of Network Integration Transmission Service.
Under the adopted settlement, for residential customers, 12 and 24-month fixed price full requirements contracts will be used for 95% of default service, with 50% of the fixed price supply procured under each term length. The remaining 5% will be based on spot purchases.
For the commercial class, fixed price full requirements products will be used for 100% of default service, using a mix of staggered 3-month (28%), 12-month (36%) and 24-month (36%) terms.
The default service plan continues the current hourly pricing cutoff for industrial customers.
The adopted settlement provides that the utilities will conduct descending clock auctions for the 24-month residential and commercial products in October 2014, January 2015 and April 2015. In addition, the utilities will procure 12-month contracts for the residential and commercial classes in three separate auctions in October, January and April of each year beginning in October 2014. Starting in April 2015, the utilities will hold four auctions per year for 3-month products (i.e., in April, June, October, and January) for the commercial customer class.
The EDCs will assume the obligation of the following PJM charges for all distribution customers, recovered via nonbypassable charge: Regional Transmission Expansion Plan (RTEP) charges, Expansion Cost Recovery charges (ECRC), unaccounted for energy (UFE), reliability must run (RMR) generating unit declarations and deactivations of generating plants qualifying for such payments after the Commission's approval of the revised default service plan, and historical out of market tie line, generation, and retail customer meter adjustments.
However, the PUC ruled that retail suppliers shall continue to be responsible for Network Integration Transmission Service costs. Commissioner Gladys Brown dissented from the PUC's decision on this point, stating that relieving retail suppliers and default service suppliers of the NITS obligation, with such costs instead recovered by the utilities through a nonbypassable charge applicable to all customers, would reduce risk premiums in both default service prices and competitive offers.
The FirstEnergy EDCs will continue to offer a Standard Offer customer referral program under the default service plan.
P-2013-2391368
ADVERTISEMENT Copyright 2010-
July 25, 2014
Email This Story
Copyright 2010-14 EnergyChoiceMatters.com
Reporting by Karen Abbott • kabbott@energychoicematters.com
NEW Jobs on RetailEnergyJobs.com:
• NEW! -- Energy Sales Executive -- DFW
• NEW! -- Senior Supply Analyst -- Retail Supplier -- Houston
• NEW! -- Customer Care Manager -- Retail Supplier -- New York
• NEW! -- Customer Care Representative -- Retail Supplier -- New York
• NEW! -- Pricing Analyst- Electricity and Natural Gas -- Retail Supplier -- New York
• NEW! -- Power & Gas Markets Analyst -- Retail Supplier -- New York
• NEW! -- Collections Specialist -- Retail Supplier -- New York
• NEW! -- Supply Advisor -- Retail Supplier -- Houston
• NEW! -- Marketing Manager-Database Marketing -- Retail Supplier -- Houston
• NEW! -- Regional Sales Manager - Texas - Retail Supplier
• NEW! -- Energy Consultant -- New York
• NEW! -- Regional Sales Manager -- Pennsylvania -- Retail Provider
• NEW! -- Regional Sales Manager -- New England -- Retail Provider
• NEW! -- Regional Sales Manager -- Illinois -- Retail Provider
• NEW! -- Business Development Manager - Broker Sales -- Retail Supplier
• NEW! -- Manager, Commercial Channel Development -- Retail Supplier -- Houston
• NEW! -- Sales Executive -- Retail Supplier
|
|
|
|