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Central Hudson Joint Proposal Includes Changes to Retail Access Program
A joint proposal in Central Hudson's rate case includes several changes to operating procedures applicable to retail access natural gas service at the utility.
The joint proposal provides that a revised cash-out process for the natural gas retail access program will be implemented, no earlier than April 2016, to cash-out, in any given month, those accounts with valid meter readings during the month.
"Cost recovery will be provided for all incremental external costs Central Hudson incurs to implement this 'semi-monthly' cash-out process," the JP provides
The JP also provides that the commodity component of the Winter Bundled Service (WBS) price will be revised each month to reflect Central Hudson's actual weighted average cost of storage (WACOS) for the preceding month. The methods utilized to determine the non-commodity components of the WBS price will remain unchanged.
The resulting WBS price will be made available on the Company’s website. Due to timing differences between the availability of pricing data and filing requirements, the WBS price and the WACOS will be included on Central Hudson's Statement of Firm Transportation Rates on a one month lag.
The JP also provides that upon expression of written interest from three or more members of the retail access community, Central Hudson will initiate a collaborative for the purpose of discussing and addressing any specific operations or other concerns.
The JP was signed by Central Hudson, Staff of the Department of Public Service, Multiple Intervenors, the Retail Energy Supply Association, and other parties.
Case 14-G-0319
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February 6, 2015
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Copyright 2010-15 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com
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