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…
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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…
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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…
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Benchmarking & Sustainability Reporting
Blog Post
August 21, 2018
Updates to ENERGY STAR Effective August 26, 2018
Last August we published an article outlining the pending changes in ENERGY STAR Portfolio Manager metrics (ENERGY STAR Updates Coming: Will Your Score Decrease?) and the potential changes to your 1-100 ENERGY STAR Portfolio Manager score. At the time, the…
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Utilities Expense & Data Management
Blog Post
August 2, 2018
Interval Data Analytics – What to Look For
Often times when constructing an energy management plan and setting goals, energy managers will primarily gather insights from utility bill data. However, basing your energy management goals off of utility bill data alone could leave you blind to many savings…
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Utilities Expense & Data Management
Blog Post
July 27, 2018
Transmission & Distribution and Supply – Utility Expenses Explained
When breaking down your electricity bill, there are two different types of utility expenses you will see: the transmission and distribution rates portion and the supply rates portion. The supply portion covers the actual cost of generating the energy, while…
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Measurement & Verification
Blog Post
July 23, 2018
Measuring and Verifying (M&V) Efficiency Projects
When measuring and verifying efficiency projects, it is not enough to simply review year-over-year utility bills (e.g. July this year vs. July last year). Several factors may have changed that can have huge impacts on the energy conservation measure (ECM)…
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Budgeting
Blog Post
June 28, 2018
Utility Budgeting – Do’s and Dont’s
Energy is one of the top operating expenses for buildings, typically in the mix with debt service, taxes, cleaning, and staff salaries. It’s usually the most volatile operating expense for buildings, but it’s also one of the most controllable and…
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Procurement & Energy Risk
Blog Post
June 21, 2018
Fixed vs. Indexed Electricity Pricing
With a variety of different pricing strategies to be considered, there isn’t a blanket “right” or “wrong” choice when evaluating fixed vs. indexed pricing strategies. The market spectrum for pricing options ranges from fully fixed electricity pricing (with all components…
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