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RESA: NY Staff Price Benchmark Proposal Would Focus on Making ESCOs "Jockey" Around Commodity-Only Reference Price, Contravening PSC's Stated Intent To Move To Value-Added Retail Market

The introduction of a reference benchmark price to which all mass market ESCO fixed rates would be subject create a market where ESCOs are forced to focus on, "jockeying around an administratively set benchmark," for a commodity-only product, rather than creating energy-related value-added products…

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