Start-up Retail Supplier Receives Finding That Initial New York ESCO Eligibility Requirements Have Been Met
September 27, 2021 Email This Story Copyright 2010-21 EnergyChoiceMatters.com
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New York Department of Public Service Staff have informed Northeastern Power and Gas LLC that all requirements for its initial state of its eligibility determination as an ESCO have been satisfied.
In a letter to the company, DPS Staff stated, "Please be advised that you may now continue with the utility approval state of the eligibility process by contacting those companies in whose service territories you intend to participate. The utility stage normally consists of a creditworthiness determination, completion of EDI Phase III Testing and the execution of any operating or billing service agreements. Each utility's eligibility requirements pertain to only their retail access programs."
In a letter to the company, DPS Staff stated, "Once you have satisfactorily completed the utility eligibility stage, Staff will be notified by the utility of your success. Please notify Staff of the actual production date in the utility service territories you intend to enroll customers. At that point Staff will confirm your final eligibility requirements have been satisfied.
Staff noted that Northeastern Power and Gas LLC filed a Retail Access Application Package to become an Energy Services Company (ESCO) serving a fixed price with cap electric and gas product, as well as a renewable fixed and/or variable product to residential and non-residential electric and gas customers in New York State