Document Search
Site Search
  
Advanced Search
Updates & Alerts
News & Media
Upcoming Meetings
Deregulation Library
Member Services
Accent Energy
Agl resources
Atlantic
centrica
Commerce Energy
ConEdison Solutions
Dominion
IG&E
Electric America
Energy America
IG&E
Energy Source
Excelergy
ExelOn
First Energy
Gateway
Goeken Group
Goodwatts Energy
Green Mountain
Haines and Company Inc.
IDT Energy
IG&E
ICE Intercontinental Exchange, Inc.
InBusiness TeleServices
Interstate Gas Supply
Infinite Energy
Integrys Energy Services
Intelligent Energy
Keyspan
Liberty Power
Matrix Imaging
Media Fusion
MG&E
MME
MX Energy
National Fuel Resources, Inc
National Grid
IG&E
New York Energy
New York Mercantile Exchange
NFR
NJG&E
OG&E
Pepco
Pinnacle West
PolyBrite
PowerDirect Telemarketing
PPL Solutions
ProLiance Energy
SCRA
Shamrock
Shell Energy
South Star
IG&E
The SPI Group
Suburban energy
UGIES
USCL Corporation
USG&E
IG&E
Vectren Source
Walmart
Watts Marketing & Management Services, Inc.
Washington Gas Energy Services Inc.
XSunX
January 29, 2010
Upcoming NEM Events

NARUC Winter Meeting - NEM is the Welcome Reception sponsor for NARUC's Winter Meeting in Washington, DC, on February 14-17, 2010. Please contact headquarters if you are interested in attending and/or participating in this event. For additional information on the event please see: http://winter.narucmeetings.org/index.cfm

NEM's 13th Annual National Energy Restructuring Conference - NEM will convene its 13th Annual National Energy Restructuring Conference at the Embassy Suites Hotel Washington D.C. Convention Center on April 27th & 28th, 2010. This year’s theme is “Renaissance in Energy Markets.” Topics of discussion will include Competitive Energy Supply, Demand, Prices and Economic Opportunities. Please use this hotlink to register for the event.

CFTC Proposed Rulemaking on Federal Speculative Position Limits for Referenced Energy Contracts

CFTC issued a proposed rulemaking that would “implement an integrated speculative position limit framework for exchange listed natural gas, crude oil, heating oil, and gasoline futures and option contracts.” The proposed rules would establish aggregate and exchange-specific speculative position limits. The proposed rules also set forth three exemptions: 1) “bona fide hedging transactions”; 2) swap dealer risk management transactions outside of the spot month that are held to offset risk associated with certain swap agreements; and 3) positions that would be in compliance with speculative position limits when adjusted by an appropriate contemporaneous risk factor.

CFTC estimates the rule would affect approximately ten traders with significant positions. Comments on the NOPR are due April 26, 2010. The full text of the NOPR is available on the NEM Website.

Illinois
Click here to view all past updates.
ComEd POR Filing

ComEd has developed a proposed POR program that would begin to be made available to electric suppliers on December 1, 2010. ComEd would purchase receivables for electric power and energy supply service provided by an electric marketer to residential retail customers and other customers with electricity demand of less than 400 kw. As for cost recovery, "[o]ver the long term, the costs the Company incurs in providing service under Rider PORCB are to be recovered from RESs taking service under the rider through a discounted amount the Company pays for the aforementioned receivables. This discounted amount incorporates a percentage reduction for the recovery of uncollectible costs associated with the receivables and a fixed reduction of fifty cents ($0.50) per bill that the Company issues to retail customers for which it is purchasing receivables for the recovery of developmental, implementation, administrative, and operating costs the Company incurs to provide service under Rider PORCB. . . . However, in the short term, it is uncertain that the costs the Company incurs in providing service under Rider PORCB will be able to be recovered in the first instance from RESs [Retail Electric Suppliers]. Therefore, the Company is also proposing revisions to Rider RCA - Retail Customer Assessments (RCA) to include a CB [Consolidated Billing] Adjustment to effectuate the initial recovery of certain of such costs from customers." ComEd proposes that it be permitted to disconnect customers for nonpayment of supplier charges under POR. The full text of the ComEd POR Proposal is available on the NEM Website.

Order on Peoples/North Shore Gas Rate Cases

The Commission issued an Order deciding Peoples/North Shore rate cases. With regard to the utilities' small volume transportation program, the Commission agreed with the suggestion of suppliers to tailor the Nicor choice program provisions for access to and allocation of company assets to Peoples/North Shore. The Commission ordered Staff to convene workshops for this purpose. The utilities' must come to the workshops prepared to discuss the Nicor program, and explain which parts are appropriate for their program, which are not, and why they are not, with alternatives. The Commission stated that the workshops will cover all the small volume transportation program issues.

The Commission made clear that the Peoples/North Shore small volume transportation program must incorporate the elements of Nicor's program with respect to daily injection and withdrawal rights, monthly targets for injections and withdrawals, and daily delivery targets provided by the Companies based on the best estimate of the customer's daily usage with a daily tolerance of ±10%. The full text of the Order is available on the NEM Website.

Maryland
Click here to view all past updates.
BGE POR Discount Rate Filings

BGE made filings to revise its discount rates in its electric and natural gas POR program proposals. BGE amended its natural gas program POR filing to include a discount rate of 2.38% for residential customers and 0.85% for non-residential customers. BGE amended its electric POR program filing to inclue a discount rate of 1.39% for residential customers, 1.27% for POLR Type I, 0.68% for POLR Type II and 0.24% for Hourly-Priced Service customers.

BGE revised its previously filed discount rate risk component from 1.25% to a methodology that would calculate the risk component as 20% of the Gas Uncollectible Expense Component, not to exceed 0.25%. BGE now proposes to estimate the supplier uncollectible experience using both BGE and supplier bad debt experience and electric supply revenues. BGE also proposes to expand the number of discount rates from two (residential and non-residential) to four (residential, POLR Type I and II, and Hourly Priced-Service. The full texts of the BGE's Electric Discount Rate and Natural Gas Discount Rate Filings are available on the NEM Website.



* Member Login :

User ID: 

Password: 

  


*****   Click Here to stop receiving NEM Regulatory Updates    *****


3333 K Street, N.W., Suite 110
Washington, D.C. 20007
Tel: (202) 333-3288     Fax: (202) 333-3266

© Copyright 2004 National Energy Marketers Association