May 11, 2016
NEM: Case Law Does Not Support NY PSC's Attempt To Regulate ESCO Prices Through Reset Order
New York's Public Service Law (PSL) does not confer to the PSC ratemaking authority over ESCOs, and the PSC has not cited any case law supporting its reset order which the PSC has attempted to justify in part based upon its PSL obligation to ensure just and reasonable rates, the National Energy…
