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NYISO Region

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Price To "Compare": NY PSC Allows Utility To Defer Collection of Supply Costs

PSC: "Appropriate" To Mitigate Full Service Customers' Supply Bill In Light Of Simultaneous Delivery Rate Increase Demand Costs Had Been Set "Too Low" For Full Service Customers

The New York PSC has approved a deferral of certain supply costs that would have otherwise been required to be reflected in default service rates at KeySpan New York (The Brooklyn Union Gas Company d/b/a National Grid NY) starting on January 1, 2017, citing, in part, the need to temper the bills of…

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Crius Energy Acquires Customer Book

On December 8, 2016, Abest Power & Gas executed an Asset Purchase Agreement with Public Power, LLC, a unit of Crius Energy, pursuant to which Public Power will acquire Abest’s retail electric supply customers.

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NEM: "Misleading" NY Utility Supply Cost Reconciliation Process (Where One Utility Is Seeking To Exclude $43 Million From Current Supply Rates) Must Be Reformed, Distorts ESCO-Utility Price Comparisons

Citing the "misleading" impact large prior period reconciliations have on customers' purchasing decisions and comparison of ESCO and utility supply rates, the National Energy Marketers Association said that the New York PSC's utility gas cost reconciliation process as set forth in the Commission’s…

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NEM: "Forcible" De-Enrollment of Low-Income NY Customers From ESCO Service Deprives Customers of Savings, Value-Add Products; Subjects Customers To Utilities' "Monopoly Whims"

The "forcible de-enrollment" of New York low-income customers from ESCO service in New York, as ordered by the New York PSC (with such order subject to a temporary court injunction), will deprive low-income customers of savings available versus utility supply rates, compels low-income customers, "to…

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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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NYISO Region Retail Energy News (Page 65) | EnergyChoiceMatters.com