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CAISO Region

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Retail Supplier: Competitive Market Yields 30% Gross Margin Vs. Utility, But Municipal Aggregators Only Passing 1-2% Savings On To Customers

Municipal Aggregator Cites "Concern" With Expansion of Direct Access, Worried Low-Income Customer Rates Would Rise

Electricity community choice aggregations (CCA) in California are only passing 1-2% in savings on to their customers even as the competitive wholesale market produces gross margin of 30% versus the utility rate, Ron Perry, CEO of Commercial Energy, told a California en banc hearing on retail…

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FERC Approves $2,000/MWh Hard Offer Cap Which May Set LMPs In All RTOs, Effective (Essentially) Immediately

Uplift Allowed For Costs in Excess of $2,000/MWh FERC Acknowledges Difficulties in Verifying Costs Above $1,000, Subjects Load To Them Anyway

FERC has adopted a hard cap of $2,000/MWh for the energy markets in all the FERC-jurisdictional RTOs, with offers up to $2,000/MWh permitted to set LMP, and offers in excess of $2,000/MWh also permitted but with offers in excess of $2,000/MWh not setting LMP and addressed instead through make-whole…

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CAISO Region Retail Energy News (Page 12) | EnergyChoiceMatters.com