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NYISO Region

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NiMo To Require ESCOs To Take Capacity Under New Mandatory Capacity Release For New Core Service; Will Cease Adding Capacity Exempt Customers

National Grid Calculates New Backout Credits, Billing Charges To ESCOs Updates Merchant Function Charge, POR Discounts

As part of a rate case newly filed with the New York PSC, Niagara Mohawk (National Grid, NiMo, or "the Company") is proposing to close its non-core daily balancing transportation service to new customers, and is proposing to offer a new core daily balancing transportation service, which will require…

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ConEd Seeks New York PSC Approval To Offer Renewable Electricity Supply Program To Full Service Customers

Would Initially Recover Costs Through Merchant Function Charge; MFC Also To Be Used As "Backstop" ConEd: 60% Of Customers Express "Preference" To Purchase Their Green Power From ConEdison

Consolidated Edison Company of New York, Inc. (the "Company") petitioned the New York PSC for approval to provide residential and small commercial full-service customers with a renewable, carbon-free electricity option (the 'Green Power Program').

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New Retail Energy Provider Formed, Announces Equity Backing Of Up To $60 Million From Private Equity Firm

Funding To Be Used To Purchase Retail Electric & Gas Suppliers Target Market Announced

Start-up Catalyst Power Holdings LLC (Catalyst), an integrated retail energy and distributed energy solutions provider, announced today an initial equity backing of up to $60 million from the energy-focused private equity fund BP Energy Partners (BPEP) of Dallas, Texas, and Catalyst management.

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Retail Supplier Expanding To PJM

New York-based retail supplier EnergyMark said in a news release that, "EnergyMark has announced their approval for service in the PJM Electric Grid, which serves 65 million energy users and is the nation's largest regional power transmission system."

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NRG: New York Utilities, "Appear To Be Engaged In A Non-Transparent Regime Of Deferred Accounting"

Proposes Deferred Costs Be Included In Bypassable Price To Compare, If Utilities' Financial Health Is A Concern

In comments to the New York PSC in a COVID proceeding, the NRG retail companies ("NRG") said that the PSC should deny, for the utilities, deferred accounting for all but an extremely limited number of costs that were incurred in relation to the utilities’ strict compliance with governmental mandates…

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ESCO Asks New York PSC To Divert Uncommitted Funds From Public Policy Surcharges To Support ESCOs Facing Financial Difficulty From Pandemic, Related Issues

ESCOs Serving C&I Customers, "Are Losing Money At A Rapid And Unsustainable Rate"

Comments filed on behalf of Aggressive Energy LLC (AE) at the New York PSC, in a proceeding on COVID-19, proposed that the PSC allocate a portion of previously collected, and uncommitted, funds from various public policy riders to provided financial relief to ESCOs which are experiencing an…

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Consumer Advocates Ask New York PSC To Apply COVID Customer Relief Efforts To ESCO Service, Fees

Group Suggests ESCOs Be Required To Continue To Fund Public Policies, But Be Prohibited From Charging Customers Line Item For Costs During Pandemic

UtiliSave, L.L.C., a utility auditing consultant, and the Public Utility Law Project of New York filed separate comments at the New York PSC concerning customer relief measures related to COVID-19, and both implicated ESCO service in their responses

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New York UIU, AG Oppose ESCO Petitions Seeking To Offer Green Gas Products, Cite Intent Of Reset Order To Have "Robust Conversation" Before Authorizing Value-Add Products That Do Not Meet Current Pricing Limits

The New York Department of State’s Utility Intervention Unit (UIU) and the Office of the New York State Attorney General (NYAG) filed comments with the New York PSC opposing various petitions for declaratory ruling and/or waivers filed by ESCOs, who are seeking authorization to offer various green…

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NYISO Region Retail Energy News (Page 33) | EnergyChoiceMatters.com