Environmental Defense Fund Supports Joint Proposal for Electric Rate Plan Extension in New York

Strategic Insights -

The New York Public Service Commission has initiated a proceeding to determine the rates, charges, rules, and regulations of Consolidated Edison Company of New York, Inc. for electric service. Environmental Defense Fund (EDF), a leading national nonprofit organization, has submitted a statement in support of the Joint Proposal to extend the electric rate plan, which was filed in Case 13-E-0030. The proposal, agreed upon by the signatory parties, including EDF and the New York Department of Public Service Staff, aims to extend the current electric rate plan, which was established in 2014, for a two-year period.

EDF's support for the Joint Proposal is based on several key factors. Firstly, the organization's involvement in the rate case over the course of 2013 highlighted the need for profound system transformation to address climate change mitigation and adaptation. EDF argued for the implementation of innovative pricing paradigms and technology to enable efficient consumption decisions. The Joint Proposal offers an opportunity for Staff and other parties to examine and critique the Company's AMI proposal, and request information concerning the AMI proposal while it is under development. Furthermore, the extension of the current rate plan will provide a further year's planning opportunity for Con Edison to develop its AMI proposal, subject to the terms of the Joint Proposal.

Key Takeaways:

  • EDF has submitted a statement in support of the Joint Proposal to extend the electric rate plan in Case 13-E-0030.
  • The Joint Proposal aims to extend the current electric rate plan for a two-year period, from January 1, 2014, to December 31, 2015.
  • EDF's support for the Joint Proposal is based on the need for profound system transformation to address climate change mitigation and adaptation.
  • The Joint Proposal provides an opportunity for Staff and other parties to examine the Company's AMI proposal and request information concerning its development.
  • Extension of the current rate plan will provide a further year's planning opportunity for Con Edison to develop its AMI proposal.
  • EDF recommends that the Commission adopt the Joint Proposal without modification.
  • James T. B. Tripp, Senior Counsel, EDF, and Elizabeth B. Stein, Senior Attorney, EDF, are the signatories to the statement.
  • EDF is a leading national nonprofit organization, headquartered in New York, with extensive expertise in energy policy and technology.

Statistics:

  • The Joint Proposal aims to extend the current electric rate plan for a two-year period, from January 1, 2014, to December 31, 2016.
  • The rate plan extension will provide a further year's planning opportunity for Con Edison to develop its AMI proposal.
  • EDF has been involved in the rate case over the course of 2013, and has argued for the implementation of innovative pricing paradigms and technology to enable efficient consumption decisions.
  • The Joint Proposal provides an opportunity for Staff and other parties to examine the Company's AMI proposal and request information concerning its development.

Sources:

  • STATE OF NEW YORK PUBLIC SERVICE COMMISSION Case 13-E-0030 - Proceeding on Motion of the Commission as to the Rates, Charges, Rules and Regulations of Consolidated Edison Company of New York, Inc. for Electric Service.
  • STATEMENT OF SUPPORT OF ENVIRONMENTAL DEFENSE FUND REGARDING THE JOINT PROPOSAL ISSUED IN THE ABOVE CASE.
  • Elizabeth B. Stein, Senior Attorney, Environmental Defense Fund, 257 Park Avenue South, New York, NY 10010, estein@edf.org (212) 616-1327.
  • James T. B. Tripp, Senior Counsel, Environmental Defense Fund, 257 Park Avenue South, New York, NY 10010, jtripp@edf.org (212) 616-1247.