Briefly

RG&E, Affiliates Find Buyer for Utility, Affiliate Power Plants

Rochester Gas & Electric and an affiliate have found a buyer for two plants required to be divested under a New York PSC order. Specifically, Carthage Energy, LLC (Carthage), and Allegany Generating Station LLC (Allegany) sought FERC approval for (1) the transfer of 100% of the ownership interests in Carthage from Cayuga Energy, Inc., a wholly-owned indirect subsidiary of Iberdrola USA, Inc., to Alliance Energy, New York LLC (AENY); and, (2) Allegany’s acquisition of the RG&E Allegany generating station and related assets from Rochester Gas & Electric Corporation (RG&E). Allegany is a wholly-owned direct subsidiary AENY. AENY is a wholly-owned direct subsidiary of Alliance Energy Group, LLC. After closing of the proposed transaction, Carthage will also be a wholly-owned indirect subsidiary of Alliance Energy Group. Carthage, a New York limited liability company, owns a 62.9 MW (nameplate) dual fuel (gas/oil) combined-cycle cogeneration facility located in Carthage, New York. RG&E's Allegany station is 67 MW (nameplate) gas-fired combined-cycle power plant located in the Town of Hume, New York.

Syracuse.com ESCO Cost Comparison Shows One Customer Paying $1,250 More for Competitive Supply Versus Default Service

Syracuse.com has released its first comparison of actual costs from ESCO customers versus default service rates, using data provided by customers using Niagara Mohawk's cost comparison calculator. Syracuse.com reported one ESCO customer paying $1,250 more in ESCO supply versus default service, for both gas and electricity, over 12 months. The highest savings reported to Syracuse.com was about $400 over 12 months. See Syracuse.com for more comparisons