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New York Municipal Power Agency Semi-Annual Meeting October 21, 2014. Kevin R. Brocks, Esq. Read and Laniado, LLP 25 Eagle Street Albany, New York 12207 Tel. (518) 465-9313 Fax (518) 465-9315 [email protected]. Customer Relations Committee. - PowerPoint PPT Presentation
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Read and Laniado, LLP
Kevin R. Brocks, Esq. Read and Laniado, LLP 25 Eagle Street Albany, New York 12207Tel. (518) 465-9313 Fax (518) 465-9315 [email protected]
New York Municipal Power AgencySemi-Annual Meeting
October 21, 2014
Customer Relations Committee
• Chuck Rankin – Village of Groton• Jeff Dobbins – Town of Massena• Meghan Lodge – Village of Churchville
Thank You!
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Financing for Utility Scale Renewables
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• Financial Incentives:• Modified Accelerated Cost-Recovery System• Business Energy Investment Tax Credit• Renewable Electricity Production Tax Credit
Net Metering and Avoided Costs
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Net Metering is a policy that allows utility customers to sell excess power that they generate to the grid.
• Customers receive the retail rate for the excess energy they generate, which is more than the utilities’ avoided cost.
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Dodd-Frank Act
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SWAPS
ISDA
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12-T-0502: Transco Case
• NYMPA submitted comments on September 12, 2014.
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14-M-0101: Reforming the Energy Vision (REV)
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• Promote:• More efficient use of energy.• Deeper penetration of renewable energy resources.• Wider deployment of “distributed” energy resources, such as
micro grids, on-site power supplies, and storage.• Greater use of advanced energy management products to
enhance demand elasticity and efficiencies.
• Empower customers by allowing them more choice in how they mange and consume electric energy.
• Core policy outcomes:• Customer knowledge,• Market animation,• System-wide efficiency,• Fuels and resource diversity,• System reliability and resiliency, and carbon reduction.
14-M-0101: Reforming the Energy Vision (REV)
Ownership of DER
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In the Straw Proposal, DPS Staff recommended that T&D utilities own DER.
14-M-0094: Clean Energy Fund Proposal
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NYSERDA proposed a 10-year, $5 billion commitment to funding clean energy development in New York.
14-M-0094: NY-Sun Initiative
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09-M-0311: 18-a Assessment
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• Some companies over-collected and others under-collected the Temporary State Assessment.
• The PSC is requiring a recalculation to account of the over or under collection of the Temporary State Assessment.
