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HomeDecember 8, 2011

N.J. to "Consider" Expanded Dynamic Pricing

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Copyright 2011 EnergyChoiceMatters.com.

New Jersey will "consider" expanding dynamic pricing under its final energy master plan.

The final plan does not call for any specific change in the current hourly pricing cutoff (750 kW) under Basic Generation Service.

However, the plan does provide that, "New Jersey will consider expanding implementation of smart meters and gradually expose customers with lower energy demands to dynamic pricing."

"Dynamic pricing customers will need the operational functionality that smart meters provide to allow such customers to see and to respond to electricity prices," the plan notes.

The plan also addresses changes in the RPS applicable to load serving entities, including third party suppliers.

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