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Rate Caps

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New York PSC Changes How Tier 1 Clean Energy Obligation Assigned To, & Collected From, ESCOs

PSC: While No Current Cap On ESCO Renewable Plan Prices, Further Consideration Of Issue Shall Be Taken, To Ensure Just & Reasonable Rates

The New York State Public Service Commission (Commission) today approved changes to Tier 1 of the Clean Energy Standard (CES) to transition the Tier 1 Renewable Energy Standard (RES) compliance obligation for Load Serving Entities (LSEs) away from the current predetermined percentage-based approach…

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Retail Supplier Group Says Regulator Cannot Rely On "Skewed", "Misleading," "Irrelevant" Data Used In Staff Report Proposing Limits On Supplier Pricing, UCB

Suppliers Highlight Current, Historic Realized Savings Under Electric Choice

In exceptions to a draft Investigative Report ('IR') from the Connecticut PURA's Office of Education, Outreach, and Enforcement ('EOE'), which was based on a consultant’s report ('CR'), the Retail Energy Advancement League (REAL) said that PURA may not rely on the IR and CR's reports data that is…

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Regulator's Staff Concludes That Retail Supplier Residential Prices Are "Overpriced And Harmful"; Proposes Conditions On Choice

Proposals Include Supplier Rate Caps, Restricted Access To Utility Consolidated Billing

Products from retail electric suppliers to residential customers in Connecticut are, "both overpriced and harmful to residential customers," the Office of Education, Outreach, and Enforcement (EOE) of the Connecticut Public Utilities Regulatory Authority (Authority) said in an EOE report

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New York PSC Denies Rehearing Of Order Ending Waiver Period That Had Allowed ESCO Green Gas Products

Requires Affected Customers To Be Placed On Compliant Products (Or Dropped To SOS), Clarifies Issue Of Affirmative Consent

The New York PSC denied rehearing of its July 2022 order that had denied waivers to seven specific ESCOs for such suppliers to continue to provide green natural gas products to mass market customers without being subject to the otherwise applicable pricing limits, and set a deadline for such…

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Armed With Data, New York ESCOs Envision Deploying On-site & Offsite Renewable Projects In Conjunction With Retail Power Offers, Note That PSC Guidance, Rules May Be Needed

Constellation NewEnergy, Inc. and Vistra Corp. said in joint comments to the New York PSC that they envision deploying on-site and off-site renewable energy resources in conjunction with their retail power supply offerings, aided by the availability of an integrated energy data resource, but said…

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New York PSC: Green Gas ESCO Customers Paid 77% More Than Default Service Over Annual Period

Written Order Denying Green Gas Waivers Clarifies Treatment Of Existing Contracts; Obligations If Moving Customers To Compliant Product

The New York PSC issued an order denying waivers to seven specific ESCOs for such suppliers to continue to provide green natural gas products to mass market customers without being subject to the otherwise applicable pricing limits, in which the PSC said that, for the period covering January 2021…

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Texas PUC Staff File Draft Proposal For Adoption For Changes To Low Price Cap In ERCOT, Would Reject Make-Whole Cost Allocation Recommendations From Retail Providers

REPs Had Proposed Specific Cost Recovery Mechanism, Opposed Use Of Uplift

Staff of the Texas PUC have filed a draft proposal for adoption to modify the value of the low system-wide offer cap (LCAP) in ERCOT by eliminating a provision that ties the value of the LCAP to the natural gas price index, and replacing it with a provision that ensures resource entities are able to…

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Update: New York ESCOs Formally Seek Technical Conference On Reset Order Implementation, Including Remaining Questions On Defining Small Commercial Customers, Fixed Price Cap

The New York State Retail Choice Coalition (“Coalition”) formally requested that the New York Department of Public Service Staff hold a meeting and provide a guidance document clarifying the requirements of the new rules and revisions to the Uniform Business Practices adopted under the December 12…

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