The Cost of Carbon: How Will It Affect You?
As the world struggles to define climate change and what causes it, the New York Independent System Operator (NYISO) has submitted a proposal for introducing carbon pricing into the hourly market price of electricity in order to incentivize generators to invest in carbon reducing equipment or technologies. The proposal is ambitious as it is ground […]
Weather and Pricing Highlights – First Half 2019
Electricity pricing for the first quarter of 2019 was down over 28% from the first quarter of 2018 with an average of $39.29 (down from $54.89 in 2018) for the NYISO NYC Zone J. The relatively stable winter pricing can be attributed to the mild temperatures in December and January, with most areas of the […]
NY Regulatory Update
Regulatory Alert: The New York State Public Service Commission is currently hearing arguments regarding their proposed Order to remove the ability of Energy Services Companies (ESCO’S) to sell to Residential and Small Business electricity accounts. The move comes after the Public Service Commission discovered widespread abuse among marketers as far as rates charged and savings […]
NYC Council Caps GHG Emissions for Big Buildings; Could Cost Property Owners Billions of Dollars
In the last few weeks, NYC Council has passed legislature to cap carbon emissions for NYC buildings over 25,000 square feet, with different limits for commercial, industrial and residential buildings. This law will cover an estimated 60% of NYC buildings. The cap is aimed at reducing building green house emissions 40% by 2030 and 80% […]
NY REV & The Path to DER Financial Viability
Reforming the Energy Vision or REV, calls on all NY State residents to take a new look at how they use energy and how they can alter that usage to assist in the Clean Energy Goals that New York State has set for the next 30 years. NY REV employs a combination of Energy Efficiency […]
ECM’s Long Term Partner Named as One of the Top 75 Energy Industry Leaders
Congratulations to Bill Beck, one of ECM’s long term partners, for being chosen as one of the top 75 Energy Industry Leaders by Energy Manager Today. Bill has an impressive list of accomplishments and has truly been a pioneer in the Energy industry: Bill was among the first to bring end use customers to the […]
Transforming Your Energy Vision
Most Energy consumers hide behind the traditional methods of commodity purchasing, trying to time the market when they should be buying insurance or trying to find the “best” purchasing options. Emerging technologies and the growing needs of a continuously transforming power grid, demand that we look for new and innovative ways to approach the changing […]
REV-D and Distributed Energy Systems: New developments affecting the way you could soon receive your electricity
REV-D stands for Renewing the Energy Vision, part of a continuing initiative by Governor Cuomo to transform New York’s electric industry away from the traditional, regulated, cost-plus driven system to a de-regulated market featuring the development of customer-owned distributive energy assets. In addition to economic rewards for developers who create renewable generation plants, REV-D incentivizes […]
Regulatory Alert!
Effective August 1st, 2016, the New York State Public Service Commission issued Order #15-E-0302 and Order #16-E-0270 in conjunction with and as part of New York State’s initiative “Renewing the Energy Vision” (REV). These orders cover two different topics. The first order sets the ground work to set up a program in New York State […]
A Total Market Strategy Combining the Best of Both Analytical Worlds
To uncover hedging opportunities for clients, electricity market analysts traditionally rely on one of two methodologies: fundamental analysis of market factors or technical analysis of mathematical models. Analysts from both camps can boast of delivering key insights and favorable returns. But to minimize risk, are you better served by choosing one over the other—or by […]