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New York Utilities File 12-Month Average Utility Supply Rates For ESCO Price Cap
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Updated:
Update: NYSEG and RGE have also filed rates
The rates can be seen in these flings
NYSEG
RGE
Earlier:
The New York utilities have begun posting 12-month trailing average utility supply rates, which are to be used as a price cap for certain ESCO offers
As previously reported by EnergyChoiceMatters.com, in the New York PSC's reset order, one of the compliant products ESCOs may continue to offer mass market customers is a fixed rate commodity product that is priced at no more than 5% greater than the trailing 12-month average utility supply rate
The PSC ordered that, "Electric and gas distribution utilities that have tariffed provisions providing for retail access shall publish on their websites 12-month trailing average utility supply rates within 15 days of March 31, June 30, September 30, and December 31 each year, starting with a filing within 15 days of December 31, 2019, for each mass-market service class and for each mass-market customer grouping that receives different supply rates based on the applicable tariff. The published averages shall include all charges and credits that apply to full-service customer bills but would not apply to ESCO customer bills for the applicable service class and customer grouping."
As of publication time the National Grid utilities have posted their 12-month trailing average utility supply rates
For its gas rates, the National Grid LDCs have filed rates which are weather-normalized. For electricity, NiMo's rates are based on 12 month actual sales by Load Zone, Service Class weighted by their respective load profile.
The 12-month trailing average utility supply rates are as follows:
Niagara Mohawk Power Corporation d/b/a National Grid
Note: 12-month trailing rates for classes SC1C and SC1 VTOU can be found in NiMo's filing here
Niagara Mohawk Power Corporation d/b/a National Grid
The Brooklyn Union Gas Company (KEDNY) d/b/a National Grid
KeySpan Gas East Corp. (KEDLI) d/b/a National Grid
Links to utility website postings:
NiMo
https://www.nationalgridus.com/Upstate-NY-Business/Rates/rate-statements (includes residential)
KEDNY:
https://www.nationalgridus.com/NY-Home/Bills-Meters-and-Rates/
https://www.nationalgridus.com/NY-Business/Bills-Meters-and-Rates/
KEDLI:
https://www.nationalgridus.com/Long-Island-NY-Home/Bills-Meters-and-Rates/
https://www.nationalgridus.com/Long-Island-NY-Business/Bills-Meters-and-Rates/
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Utility Uses Weather-Normalized Rates
January 29, 2020
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Copyright 2010-20 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com
Electric
Mass Market 12 Month Trailing Weighted Average Prices Ending December 31, 2019
NiMo SC1 (Residential)
Zone Bill Price per kWh
A $0.04456
B $0.03912
C $0.04034
D $0.03654
E $0.04051
F $0.05131
NiMo SC1 (Small General Service)
Zone Bill Price per kWh
A $0.04509
B $0.03907
C $0.04043
D $0.03630
E $0.04062
F $0.05087
* Bill Price is based on 12 month actual
sales by Load Zone, Service Class weighted
by their respective load profile. The
Price includes ESCOST, ESRM, CESS, and MFC.
Excludes Taxes
Gas
Mass Market 12 Month Trailing Weighted Average Prices Ending December 31, 2019
NiMo Weighted Total
Supply Rates
($/Therm) *
Weighted Total
Supply Rates
($/Therm) *
SC 1 - Residential Service $0.3442
SC 2 - Small General Service $0.3351
SC 3 - Large General Service $0.2876
* Total Weighted Supply Rates (Supply Rates)
are weighted by monthly weather normalized
average usage.
Supply Rates exclude SPA (System Performance
Adjustment) and Taxes.
Mass Market 12 Month Trailing Weighted Average Prices Ending December 31, 2019
KEDNY Weighted Total
Supply Rates
($/Therm) *
Weighted Total
Supply Rates
($/Therm) *
SC 1 - Residential Service $0.5983
SC 2 - General Service Non Residential $0.6066
SC 3 - Multi-Family Buildings $0.5985
* Total Weighted Supply Rates (Supply Rates)
are weighted by monthly weather normalized
average usage.
The MFC storage component included in Supply
Rates is the difference between sales and
transportation rates.
Supply Rates exclude SPA (System Performance
Adjustment), R&D (Research and Development),
and Taxes.
Mass Market 12 Month Trailing Weighted Average Prices Ending December 31, 2019
KEDLI Weighted Total
Supply Rates
($/Therm) *
SC 1 - Residential Service $0.5530
SC 2 - Non Residential Service $0.5599
SC 3 - Multiple-Dwelling Service $0.5557
* Total Weighted Supply Rates (Supply Rates)
are weighted by monthly weather normalized
average usage. The MFC storage component
included in Supply Rates is the difference
between sales and transportation rates.
Supply Rates exclude SPA (System Performance
Adjustment), R&D (Research and Development),
and Taxes.
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