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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 KRB@readlaniado.com. Customer Relations Committee.
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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 12207Tel. (518) 465-9313 Fax (518) 465-9315 KRB@readlaniado.com Read and Laniado, LLP
Customer Relations Committee • Chuck Rankin – Village of Groton • Jeff Dobbins – Town of Massena • Meghan Lodge – Village of Churchville Thank You! Read and Laniado, LLP
Financing for Utility Scale Renewables • Financial Incentives: • Modified Accelerated Cost-Recovery System • Business Energy Investment Tax Credit • Renewable Electricity Production Tax Credit Read and Laniado, LLP
Net Metering and Avoided Costs • 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. Read and Laniado, LLP
Dodd-Frank Act Read and Laniado, LLP
SWAPS ISDA Read and Laniado, LLP
12-T-0502: Transco Case • NYMPA submitted comments on September 12, 2014. Read and Laniado, LLP
14-M-0101: Reforming the Energy Vision (REV) • Promote: • Moreefficientuse of energy. • Deeperpenetrationofrenewableenergy resources. • Widerdeploymentof“distributed”energyresources,such asmicro grids,on-site powersupplies,and storage. • Greateruse of advancedenergy managementproducts toenhancedemand elasticityandefficiencies. • Empowercustomersby allowingthemmore choicein howthey mange andconsume electricenergy. • Corepolicyoutcomes: • Customerknowledge, • Market animation, • System-wideefficiency, • Fuels andresource diversity, • Systemreliabilityandresiliency, and • carbon reduction. Read and Laniado, LLP
14-M-0101: Reforming the Energy Vision (REV)Ownership of DER • In the Straw Proposal, DPS Staff recommended that T&D utilities own DER. Read and Laniado, LLP
14-M-0094: Clean Energy Fund Proposal NYSERDA proposed a 10-year, $5 billion commitment to funding clean energy development in New York. Read and Laniado, LLP
14-M-0094: NY-Sun Initiative Read and Laniado, LLP
09-M-0311: 18-a Assessment • 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. Read and Laniado, LLP