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PUC Opens Inquiry Into Content Of Retail Energy Consumer Disclosure Labels
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The Maine PUC initiated an inquiry to obtain information from competitive electricity providers (CEPs) and standard-offer providers (SOPs) regarding the content of consumer disclosure labels required to be provided to residential and small commercial customers pursuant to Chapter 306 of the Commission’s rules.
On May 8, 2023, Resolves 2023, chapter 12 (Resolve) was enacted requiring the Commission to initiate a request for information from CEPs and SOPs regarding the feasibility, cost, and value of supplying the cost in cents per kilowatt-hour (kWh) for each power source used by each provider to serve the provider’s load on the consumer disclosure label. The Resolve also requires the Commission to request information from CEPs and SOPs regarding the feasibility and cost to calculate the levelized cost of electricity for each power source used by each provider to serve the provider’s load, and if not feasible, what data elements would be needed by the providers to calculate the levelized costs. The Resolve defines the “levelized cost of electricity” as the cost of building and operating a source of electrical generation over an assumed lifetime
The PUC directed stakeholders to respond to the following:
1. Is it feasible for CEPs and SOPs to supply, for inclusion on the disclosure label provided to residential and small commercial customers, the cost in cents per kWh for each power source used by each provider to serve the provider’s load?
a. If it is feasible, how useful would this cost information be to residential and small commercial customers in understanding their electricity supply costs?
b. If it is feasible, what are the estimated costs to CEPs and SOPs to supply this cost information?
c. If it is feasible, would the transmission and distribution utilities incur any costs associated with providing this information. If so, what are the estimated costs?
d. If it is not feasible, what are the barriers to providing this cost information?
e. If it is not feasible, are there alternatives to supplying the cost information to residential and small commercial customers that CEPs and SOPs could use to assist customers in understanding their electricity supply costs?
2. Is it feasible for CEPs and SOPs to calculate the levelized cost of electricity for each power source used by each provider to serve the provider’s load?
a. If it is not feasible, what data elements would be needed in order to calculate the levelized cost?
Docket No. 2023-00291
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November 2, 2023
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Copyright 2010-23 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com
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