Author: NYUP
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Power Outages, Utility Regulation, and New Utility Holding Company Structures
Reliability under the PSC’s “Performance-Based Regulation” Recent long duration electric power outages in hot weather and slow recovery after storms have raised concerns about reliability, the level of utility investment […] -
RG&E Tightening Collection Policies
Rochester Gas & Electric (RG&E) may be tightening its collection practices for customers in arrears who are threatened with termination of their electricity or natural gas service. An August 2006 […] -
Think Twice Before Switching Utilities
In 1996, the New York PSC adopted a utility “restructuring” paradigm prominently championed by Enron. Under that model, customers could deal with two utilities for electricity and possibly two more […] -
Did Hedge Fund Attempt to Corner the Natural Gas Market for March 2007?
Amaranth, a “hedge fund,” lost more than $6 Billion in its natural gas investments and 65% of its value in September 2006. McCullough Research asks the question, “Did Amaranth Attempt […] -
NYISO Costs Skyrocket, Benefits Questioned
From Power Pool to ISOThe New York Power Pool (NYPP) was formed in 1966 to coordinate the state’s electric power grid after the 1965 major blackout in New York City. […] -
Industrial and Residential Customers Agree: Proposed FERC Rules for Electricity Market Rates are Flawed
After years of experimenting with “market-based rates” for wholesale electricty, at times with disastrous results for consumers, the Federal Energy Regulatory Commission (FERC) is proposing to adopt official rules regarding […] -
Customer Groups Urge NY PSC to Restore Fixed Rates
In 2005, the New York Public Service Commission (PSC) issued an order that led to the elimination of fixed utility rates for residential customers of Central Hudson Gas & Electric. […] -
US Justice Department Sues to Bar Connecticut Inquiry into Possible Warrantless Disclosure of Customer Telephone Records
Telephone records regarding calling and receiving numbers, the time and duration of calls are needed by the telephone companies for billing purposes. This information is considered to be “Customer Proprietary […] -
Federal Electricity Competition Report Overdue
The Energy Policy Act of 2005 established a federal Interagency Task Force to “conduct a study and analysis of competition within the wholesale and retail market for electric energy in […]