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HomeNovember 30, 2020

New York Utility To End Imbalance Waivers Adopted At Start Of COVID Pandemic

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Central Hudson Gas & Electric has filed tariff revisions at the New York PSC to terminate the following temporary provisions originally adopted in March 2020 at the start of the COVID-19 pandemic:

1) waive daily imbalance penalties for Retail Suppliers delivering outside the prescribed deadband, and

2) adjust the Index pricing applied to Retail Suppliers’ over- and under-deliveries such that the average of the existing Index prices be used for both over- and under-deliveries

These provisions had been adopted until such time as the Governor’s Executive Order 202.8, or its successor order, was lifted. See background on the provisions here

Central Hudson filed tariff amendments to remove these temporary provisions listed above, effective on December 1, 2020, as the Governor’s Executive Order 202.8 requiring non-essential businesses to reduce their in-person workforce has been lifted.

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New York Utility To End Imbalance Waivers Adopted At Start Of COVID Pandemic | EnergyChoiceMatters.com