HomeApril 13, 2020
New York Utility Posts Updated 12-Month Trailing Average Supply Rate
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Orange and Rockland Utilities, Inc (O&R or the Company) filed with the New York PSC its 12-month trailing average utility supply rates for the latest period (i.e., April 1, 2019 - March 31, 2020) for each mass-market service class and for each mass-market customer grouping that receives different supply rates based on the Company’s Electric and Gas Tariffs.
As previously reported by EnergyChoiceMatters.com, in the New York PSC's retail market reset order, one of the compliant products ESCOs may continue to offer mass market customers is a fixed rate commodity product that is priced at no more than 5% greater than the trailing 12-month average utility supply rate
Although, as previously reported, the compliance deadline for ESCOs to comply with the product limitations has been extended until August 10, 2020, the trailing utility averages are still of note to see where the market would be now, but for the extension
O&R's electric 12-month trailing average supply pricing includes the calendar month Market Supply Charge, the Merchant Function Charge, and the Clean Energy Standard Supply Surcharge, and the Transition Adjustment for Competitive Services differential between full service and retail access customers. Prices are weighted based on average customer electric usage by service class and rate, and do not include sales tax or gross receipts tax.
O&R's gas 12-month trailing average supply pricing includes the monthly Gas Supply Rate, the Merchant Function Charge, and the Monthly Gas Adjustment differential between full service and retail access customers for each mass market service classification rate. The prices are weighted based on weather normalized average customer gas usage by service class and rate, and do not include sales tax or gross receipts tax.
O&R's trailing 12-month prices are below
Orange & Rockland's Trailing 12-Month Weighted Average Supply Price, Apr 2019 - Mar 2020 Electric, $/kWh SC1 0.06804 SC2 0.06105 Natural Gas, $/Ccfs SC1 0.33165 SC2 0.32814
More pricing details and sample calculations can be found here
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