Our latest in thought leadership to help you effectively decipher the market news and sector information that impacts your energy procurement and energy management efforts.

September 1, 2019

Steam to Ice – a financially prudent energy conservation measure for NYC’s new 1253 law

Your commercial, industrial or residential building has a new energy conservation measure (ECM) to meet – and new financial opportunities to secure. Here’s what you need to know: 1. By 2030, large city buildings must reduce greenhouse emissions by 40% – increasing to 80% by 2050 – according to New York City Council’s recently passed… Read more >

August 1, 2019

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… Read more >

July 17, 2019

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… Read more >

July 2, 2019

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… Read more >

June 26, 2019

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%… Read more >

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