Energy Choice
                            

Matters

Archive

Daily Email

Events

 

 

 

About/Contact

Search

Another Retail Supplier Details Costs Being Passed-Through Under Regulatory Change Clause

December 17, 2018

Email This Story
Copyright 2010-17 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com

The following story is brought free of charge to readers by EC Infosystems, the exclusive EDI provider of EnergyChoiceMatters.com

Agera Energy, LLC, in replying to an inquiry from the Connecticut PURA, has provided more details concerning the specific costs which are being passed-through to certain non-residential customers under a regulatory change clause

As exclusively reported by EnergyChoiceMatters.com, PURA had directed Agera to provide information in response to a complaint from a non-residential customer alleging that Agera Energy had informed the complainant that Agera will be exercising a regulatory change clause in its contract to pass-through certain ISO New England costs

In a December 14 reply to PURA, Agera identified with specificity the costs prompting the exercise of the regulatory change clause

Agera in its reply to PURA stated that, "Pursuant to Connecticut General Statutes section 16-245o, electric suppliers are permitted to include in customer contracts 'circumstances under which the rates may change.' Agera’s contract includes a provision that permits it to modify the price under the contract in the event of a Regulatory Change. Regulatory Change is defined as: 'a change in any law, rule, regulation, tariff, or regulatory structure.'"

Agera in its reply to PURA stated that, "As noted in the Notice, there was a Regulatory Change in the ISO New England ('ISO-NE') service territory. Specifically, ISO-NE made numerous structural changes, as reflected in its tariff, for the June 1, 2018-May 31, 2019 capacity period. First, ISO-NE used a system-wide sloped demand curve for the first time. Second, it made changes to the Capacity Zones. Third, it implemented the Pay-for-Performance program. Lastly, it ended the Transitional Demand Response Program. These changes constitute a 'Regulatory Change' under the terms of Agera’s contracts with its customers. Thus, consistent with the terms of those contracts, Agera provided customers notice that a Regulatory Change had occurred and that, as a result, Agera would be passing through the additional cost associated with the change."

Agera in its reply to PURA stated that it will be passing through the costs associated with the regulatory change described above to 672 Connecticut non-residential customers

ADVERTISEMENT
NEW Jobs on RetailEnergyJobs.com:
NEW! -- Regulatory & Compliance Analyst -- Retail Supplier
NEW! -- Sales Quality & Training Manager -- Retail Energy
NEW! -- Regulatory Specialist -- Retail Supplier
NEW! -- Sales Analyst / Senior Level -- Retail Supplier
NEW! -- Director of Sales & Marketing -- Retail Supplier -- Houston
NEW! -- Sales Director -- Houston
NEW! -- Director of Sales
NEW! -- Energy Sales Representative
NEW! -- Manager Business Field Sales -- Retail Energy
NEW! -- Senior Energy Consultant

Email This Story

HOME

Copyright 2010-16 Energy Choice Matters.  If you wish to share this story, please email or post the website link; unauthorized copying, retransmission, or republication prohibited.

 

Archive

Daily Email

Events

 

 

 

About/Contact

Search