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NYISO Region

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NYISO Suspends Market Participant From NYISO Markets

The New York Independent System Operator, Inc. (NYISO) provided notice to FERC of the immediate termination of Energy Conservation and Supply, Inc. from the ISO-Administered Markets in accordance with Section 2.7.5.3 of the NYISO’s Open Access Transmission Tariff (OATT) and Section 7.5.3 of the…

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New York Court Rules PSC Overstepped Its Authority In Denying Use Of Bonds For Broker Registration

Court Upholds All Other Aspects Of Broker Regulation Order (Including Requirement For Independent Contractors To Individually Register)

The New York State Supreme Court, County Of Albany has ruled that, in the New York PSC's broker regulation order, the, "PSC overstepped its authority by prohibiting the use of bonds to demonstrate financial accountability and acted arbitrarily and capriciously in doing so[.]"

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ESCO-Broker Receives License In New State

The Pennsylvania PUC granted M&R Energy Resources Corp. a natural gas broker/marketer license to serve customers at Columbia Gas of Pennsylvania, Inc., National Fuel Gas Distribution Corporation, PECO Energy Company, and UGI Utilities, Inc.

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NextEra To Acquire Retail Supplier

NextEra Energy Resources, LLC (NEER) and New Wave Energy, LLC (New Wave) have entered into a transaction under which NextEra Energy Resources, LLC will indirectly, through its subsidiary NextEra Energy Services New York, LLC (Buyer), acquire 100% of the membership interests in New Wave

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NYISO Region Retail Energy News (Page 9) | EnergyChoiceMatters.com