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PSE&G Lowers Default Service Rate

Public Service Electric and Gas Co. (PSE&G) announced that the New Jersey Board of Public Utilities recently approved part of PSE&G’s June 2019 residential Basic Gas Supply Service filing that includes a lower rate for residential customers

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PSC Orders That Capacity Price Be Removed From SOS Bidding Due To Delay Of PJM Auction, Directs That Wholesale Suppliers Later Be Reimbursed With Final Capacity Price

Change Decreases Normal Risk Undertaken By SOS Wholesale Suppliers, Has Potential To Skew Price To Compare

The District of Columbia PSC has ordered that bidders in an upcoming Pepco SOS procurement for the June 2022 to May 2023 delivery year shall include a $0/MW-day cost for capacity in their bids, with winning bidders instead reimbursed the actual final price of capacity once determined.

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Default Service News (Page 45) | EnergyChoiceMatters.com