Document Search
Site Search
Advanced Search
Updates & Alerts
News & Media
Upcoming Meetings
Deregulation Library
Member Services
Accent Energy
Agl resources
Commerce Energy
ConEdison Solutions
Electric America
Energy America
Energy Source
First Energy
Goeken Group
Goodwatts Energy
Green Mountain
Haines and Company Inc.
IDT Energy
ICE Intercontinental Exchange, Inc.
InBusiness TeleServices
Interstate Gas Supply
Infinite Energy
Integrys Energy Services
Intelligent Energy
Liberty Power
Matrix Imaging
Media Fusion
MX Energy
National Fuel Resources, Inc
National Grid
New York Energy
New York Mercantile Exchange
Pinnacle West
PowerDirect Telemarketing
PPL Solutions
ProLiance Energy
Shell Energy
South Star
The SPI Group
Suburban energy
USCL Corporation
Vectren Source
Watts Marketing & Management Services, Inc.
Washington Gas Energy Services Inc.
September 4, 2009
Upcoming NEM Meeting Dates

Please mark your calendar and plan to join us for the following NEM meetings:

September 2009 Fall Leadership Roundtable - NEM’s Fall Leadership Roundtable Meeting will be held on September 15 & 16, 2009, at the Hampton Inn & Suites, Albany Downtown, Albany, NY 12210. NEM’s room rate has been secured at $129.00 per room per night. Many thanks to Matt Picardi of Shell Energy North America for the generous offer to host this meeting. Please register for the Fall Leadership Roundtable at this hotlink. The Agenda is available at this hotlink.

To date, the following public officials have confirmed to attend the Fall meeting:

Office of Governor David A. Paterson, Thomas Congdon (Day 2 only)
Office of Governor David A. Paterson, Kimberly Harriman
New York State Senator Aubertine's Office, Senator Aubertine and Chief of Staff, Lee Willbanks
Chairman, NYPSC, Garry Brown (Day 2 only)
NY State Dept. of Public Service, LuAnn Scherer
NY State Dept. of Public Service, Fran Hart
NY State Dept. of Public Service, Marty Insogna (Day 2 only)
NYISO - Robert Pike

January 2010 Executive Committee Meeting - NEM’s Annual Winter Executive Committee Policy and Planning Meeting will be held January 19 & 20, 2010, at the headquarters of South Carolina Research Authority in Charleston, South Carolina. NEM’s room rate has been secured at $129.00 per room per night at the Hilton Garden Inn Charleston Airport, 5265 International Blvd., N. Charleston, SC 29418. The Executive Committee sets the course for NEM’s advocacy in the coming year at this meeting. Many thanks to Bill Mahoney and South Carolina Research Authority for the generous offer to host this meeting.

April 2010 Annual Global Energy Forum – NEM’s Annual Global Energy Forum, will be held April 27 & 28, 2010, at the Embassy Suites Convention Center, Washington DC, 900 10th Street, NW, Washington, DC 20001. NEM’s room rate has been secured at $289.00 per room per night. Sponsorship opportunities are available.

CFTC/SEC Meetings on Harmonization of Regulation

This week, the CFTC and SEC convened joint meetings on "harmonization of regulation." The Administration had previously recommended that CFTC and SEC prepare a report to Congress by September 30, 2009, identifying, "all existing conflicts in statutes and regulations with respect to similar types of financial instruments and either explains why those differences are essential to achieve underlying policy objectives with respect to investor protection, market integrity, and price transparency or make recommendations for changes to statutes and regulations that would eliminate those differences." The joint meetings were held to accomplish this analysis. Topics discussed at the meetings include: regulation of exchanges and markets, the regulation of intermediaries, the regulation of clearance and settlement, enforcement, and the regulation of investment funds. The Meeting Participants Remarks from Day One and Day Two are hotlinked here.

2008 State of the Markets Report

FERC issued its final 2008 State of the Markets Report observing that wholesale natural gas and electricity prices rose significantly in the first half of 2008, followed with a large decline at the end of 2008. The Report identifies factors that impacted electricity and natural gas markets during 2008 as follows:

"• Physical fundamentals alone can not explain natural gas prices experienced during the year.
• Unconventional gas supplies and new infrastructure have fundamentally altered the nature of natural gas markets.
• The financial crisis that started during the second half of the year altered the role of financial energy products and financial players in energy markets and increased the cost of capital, while simultaneously reducing the access to capital.
• Most electric market outcomes were driven by external market forces – specifically, fuel and commodity prices and the financial crisis.
• Alternative energy options, including energy efficiency, demand response and wind generation, have emerged as key components of electricity markets.
• The Commission took steps to enhance release and reassignment of natural gas transportation and electric transmission capacity."

The full text of the State of the Markets Report is available on the NEM Website.

Click here to view all past updates.
Order on Referral Programs

The Department adopted guidelines for the electric utilities implementation of referral programs, as required by the Green Communities Act. The program will be available to residential and small commercial customers. Under the guidelines adopted, customers phoning the utility that are interested in competitive offerings will be referred to a dedicated utility webpage presenting the pricing information in a table format. Marketer pricing information will be presented to customers on the dedicated webpage as well as utility bill inserts and biannual bill messages. The Department approved a standard table format to be used for the webpage. The full text of the Order is available on the NEM Website.

Click here to view all past updates.
Utility Smart Meter Plans

The electric utilities filed smart meter plans for Commission consideration. Comments on the plans are due September 25, 2009. Prehearing conferences have been scheduled for the individual companies.

PPL notes that it began deployment of AMI in 2002, and it argues that its current system meets or exceeds the minimum requirements set forth in the state law for such a system. PPL proposes over the course of a thirty month grace period to conduct pilot programs and technology evaluations to extend the capabilities of its AMI system. PPL estimates the cost for studies and upgrades to be approximately $62 million over five years. PPL proposes to recover smart meter costs through an Act 129 Compliance Rider that would be applied as an adjustment to base rates rather than a separate line item. Separate rates would be applied to residential, small C&I and large C&I customers.

In Peco's smart meter plan, it is seeking approval for the procurement and deployment of 600,000 meters over a thirty month grace period. Peco has also applied for federal funding of the smart grid deployment. Peco intends to file a dynamic pricing and customer acceptance program proposal with the Commission in mid-2010. Peco estimates the initial AMI deployment will cost approximately $215 million. Costs are proposed to be recovered through a nonbypassable surcharge, with costs calculated separately by rate class.

Duquesne notes that it installed an AMR system in 1996-98. It also has a contractual obligation for AMR infrastructure maintenance through the end of 2013 and nearly $57 million left in undepreciated meter assets. It hopes to leverage the pre-existing meters and infrastructure while at the same time meeting the statutory and regulatory requirements. It is still studying next steps and resultant costs and will make an updated filing with the Commission reflecting this information. It estimates program costs at $152,000,000 to $262,000,000. Duquesne requests to assess a Smart Meter Charge to recover costs of the program.

* Member Login :

User ID: 



*****   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