Procurement & Energy Risk
Blog Post
February 20, 2019
What’s in a supply price? Explaining PJM pricing components
There are currently ten Regional Transmission Organizations (RTO) in the United States which coordinate, control, and monitor multi-state electric grids. The PJM RTO covers Delaware, Illinois, Maryland, Michigan, New Jersey, Ohio, Pennsylvania, and the District of Columbia. Within an RTO,…
Read More
Procurement & Energy Risk
Blog Post
February 13, 2019
How the Green New Deal Would Change the Energy Industry
In 2016, nearly 200 countries voluntarily signed the Paris Agreement to pledge carbon emissions reductions to keep the global average temperature increase below 2° C above pre-industrial levels. Former President Barack Obama pledged to reduce US emissions around 27% below…
Read More
Budgeting
Blog Post
February 6, 2019
Explaining Budget Variances
A budget variance is the difference between the amount you budgeted for and the actual amount spent. When preparing energy budgets, it is practically impossible to be “right on the money;” therefore resulting in a budget surplus or deficit. The…
Read More
Procurement & Energy Risk
Blog Post
February 4, 2019
Con Ed Files Rate Case for 2020 – Seeks 8.6% and 14.5% Increases for Electric and Gas
This past Thursday, Con Edison submitted its rate case for 2020 seeking delivery rate increases of 8.6% and 14.5% for electric and natural gas service, respectively. Actual rate increases will vary by rate class, residential vs. commercial, and an account’s…
Read More
Procurement & Energy Risk
Blog Post
January 31, 2019
What’s in a Supply Price? Explaining NYISO pricing components
There are five competitive Independent System Operator (ISO) markets in the U.S, which coordinate and control the operation of the electrical system in one or multiple states. NYISO is the ISO for New York State. Within an ISO, there are…
Read More
Procurement & Energy Risk
Blog Post
January 29, 2019
Washington D.C.’s Latest Energy Mandate Will Change the Future of Buildings, Energy Supply and Transportation in the District
As federal government action on climate change has stalled with the current administration, many cities and local governments are embarking on their own initiative to combat the change. Washington D.C. is the latest in a growing list of around 100…
Read More
Procurement & Energy Risk
Blog Post
January 15, 2019
2₵/kWh Increase Expected in NY Wholesale Markets from Proposed Carbon Pricing
The state of New York is joining the ranks of California, New Jersey, Hawaii and Washington as the leaders in pushing for 100% clean energy. Announced in late December 2018, NY Governor Andrew Cuomo pledged the state will push to…
Read More
Procurement & Energy Risk
Blog Post
October 22, 2018
PJM Capacity Market Minimum Offer Price Rule (“MOPR”) Could Alter Market
On June 29th the Federal Energy Regulatory Committee (FERC) issued an order that could potentially change the PJM market significantly. The order primarily focused on PJM’s Minimum Offer Price Rule (“MOPR”) which sets a minimum offer price for capacity bids…
Read More
Budgeting
Blog Post
October 18, 2018
Tax Cuts and Jobs Act Impact on Con Edison Rates
Effective as of October 1, 2018, Con Ed steam rates will include a tax sur-credit as a result of the Tax Cuts and Jobs Act of 2017 impact. Joining over 100 documented utilities across the country thus far issuing credits…
Read More
Log In
