Monthly Archives: June 2008

PSC Approves Grid "Affordability" Program in Which HEAP Payments Do Not Reduce Current Winter Bills

The PSC approved National Grid’s proposed modifications to its AffordAbility Program in a June 23, 2008, Order, dismissing concerns raised by PULP regarding the application of federal Home Energy Assistance Program (“HEAP”) payments to old arrears. The AffordAbility Program provides assistance to a small number of low income residential consumers with arrears owed to the Read more…

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Summer NYISO Electricity Prices 123% Higher

A FERC report in May signaled a likely NYISO price spike this summer, in the range of 89% higher than last year. See NY City Wholesale Electricity Prices May Rise 89% Due to Market Design and Higher Natural Gas Prices. FERC Staff made a new report in June indicating that NYISO forward prices for July Read more…

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Supreme Court Leaves Fundamental Questions About FERC Market Rate Scheme Unanswered

Legality of FERC’s Market-Based Rates UnresolvedToday’s Supreme Court decision in Morgan Stanley Capital Group v. Public Util. Dist. No. 1 of Snohomish Co. left unanswered fundamental questions regarding FERC’s scheme of unfiled and largely unregulated wholesale market rates for electricity. The Court said We have not hitherto approved, and express no opinion today, on the Read more…

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NYISO Governance

NYISO: Not Your Ordinary “Nonprofit”Today’s Daily News points out that the head of the Port Authority of New York and New Jersey, who is paid over $286,000 per year for that post, is also a paid member of the Board of Directors of the New York Independent System Operator (NYISO). According to the article, NYISO Read more…

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Con Edison Electricity Rates for Energy Spike 21% in June

FERC and the New York PSC recently issued reports that NYISO wholesale prices for electricity will be much higher this summer. See NY City Wholesale Electricity Prices May Rise 89% Due to Market Design and Higher Natural Gas Prices. Despite this large runup in wholesale energy costs, Con Edison indicated, however, that this summer its Read more…

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NY Assembly Bill Would Use Windfall Recapture Tax on Oil Companies to Supplement HEAP and Weatherization Programs

On June 13, 2008 the New York Assembly introduced a bill, A11590, to impose a windfall recapture tax on oil companies, the proceeds of which would generate up to $550 million to supplement the Home Energy Assistance Program (HEAP) and up to $550 million to create a new state Energy Reinvestment Account, proceeds of which Read more…

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HEAP Can Now Help Fund Air Conditioners

Governor Paterson and OTDA have announced that $2.4 million of federal Home Energy Assistance Program (“HEAP”) funds have been made available for the purchase and installation of energy efficient air conditioners to eligible individuals during the summer of 2008. About $1.2 million has been set aside for New York City and an identical amount for Read more…

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FCC Expands Broadband Data Collection but Sidesteps Affordability Concerns

Accurate measurement of broadband deployment is needed to ascertain the degree to which the congressional goal of access to advanced telecommunications services at affordable rates is being met. On June 12, 2008, the Federal Communications Commission issued an Order which, it hopes, will increase the “precision and quality” of the broadband subscribership data it collects. Read more…

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