Recently NYS identified at the end of 2013 that less than half of the 30% renewables-by-2015 target had been met since the start of the 2004 Renewable Portfolio Standard (RPS). As a result, New York’s Public Service Commission has filed to create a new Clean Energy Fund to replace the state’s RPS.
New Clean Energy Fund will be paid for by state rate payers however the current RPS $4 average fee on customers’ utility bills (clean energy fee) will decrease over the next 6 years or so when it is expected the Green Bank will be fully funded.
Does the reader agree with the commission’s statement, “The transition from the current suite of ratepayer supported programs to more market driven delivery mechanisms will decrease the need for ratepayer surcharges”?
If so, what is the outlook for NYSERDA which is funded by SBC charges on your utility bill?
The goal of the Gov. Andrew Cuomo’s Reforming Energy Vision is to have the Public Service Commission (PSC) “improve system efficiency, empower customer choice, and encourage greater penetration of clean generation and energy efficiency technologies and practices”.
REV is a response to current issues such as:
- Consumers spend hundreds of millions annually to maintain the full capabilities of a system that is needed only on the very hottest days of the summer.
- The need for utilities to actively manage and coordinate a wide range of distributed resources, or generate electricity from many small energy sources
- Lack of existing market enabling customers to optimize their energy priorities, provide system benefits, and be compensated for providing such system benefit
The drafted State Energy Plan is intended to benefit all New Yorkers. The initiatives stated in the plan include the “focus on improving energy affordability, promoting private sector engagement and financing, and working to bolster our electric grid”.
Matthew C. Cordaro, PhD in The Grid Optimization Blog explores a number of intiatives within the plan that are based on what he believes is misinformation and not so cut and dry.
Some examples of Mr. Cordaro points are:
- The “demand for electricity will ultimately increase”, thus energy efficiency measures can’t offset the increase and NY State will still need to invest in generating resources
- The amount of in-state sources of power must increase in order to achieve more affordable power in New York in the future
- Private sector energy financing cannot be successful if the government is “selectively” subsidizing projects
” PSEG officials have been reassuring in interviews, public presentations and LIPA board meetings over the past several months. They point to a plan to trim more trees, to install a new storm-tested leadership team with a best-in-class logistics plan, installation of a better automated phone system to respond to a deluge of calls, and the rollout of a $30 million storm-outage management computer system as underpinnings of that confidence.”