Monthly Archives: August 2008

Schumer, Power Authority Ask FERC to Investigate NYISO Market Gaming and Consider Consumer Refunds

In recent weeks, we have mentioned the costly and glaring failures of the NYISO wholesale electricity markets that recently came to light in filings at the Federal Energy Regulatory Commission (FERC). See Enron-Like Gaming of NYISO Market Rules: Did it Cost New York Consumers At Least $125 Million?, (PULP Network, July 22, 2008); PULP Demands Read more…

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FCC: VoIP Providers Can be Required to Support State Universal Service Fund: Where is New York?

There’s an important case pending in the federal Eighth Circuit Court of Appeals (Vonage Holdings Corp. v. Nebraska Public Service Commission (No. 08-1764)) regarding the ability of Nebraska to require interconnected Voice over Internet Protocol (VoIP) providers to contribute to its state Universal Service Fund. VoIP providers interconnect their system to the public switched telephone Read more…

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PULP Opposes Niagara Mohawk’s Interim Gas Efficiency Program

As part of the Niagara Mohawk natural gas rate proceeding, a settlement process was begun to establish interim energy efficiency programs, pending the completion of the overall case. The interim programs would aid customers in reducing their gas consumption, and will be in place for the coming winter heating season. PULP, an active participant in Read more…

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A Well Kept Secret: Con Edison’s Low Income Rate

In general, the New York PSC has done little in the way of encouraging utilities to establish rate plans that lighten burdens on the poor. The PSC has approved rate plans for most of the major utilities that purport to include a low-income rate plan, but these are mainly cosmetic, in that they do not Read more…

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PULP Demands Full Public Investigation by FERC of NYISO Gaming

Captain Renault: I’m shocked, shocked to find that gambling is going on in here! — Casablanca, 1942. A recent NYISO filing at FERC brought out of the shadows a strong indication that market participants have been gaming the NYISO wholesale electricity markets by deliberately scheduling circuitous transactions around Lake Erie. This has the effect of Read more…

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Platts: NYISO Electricity Market Gaming Cost $290 Million

Captain Renault: I’m shocked, shocked to find that gambling is going on in here! — Casablanca, 1942. Earlier we noted that NYISO filed a request to change its tariffs to foreclose certain spurious transactions that had the effect of raising wholesale electricity rates artificially. According to NYISO, this was accomplished by scheduling circuitous transactions from Read more…

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