FERC Deputy Chief Administrative Law Judge Bobbie J. McCartney has issued a Final Report to FERC on the distribution of $104 million disgorged by alleged NYISO market manipulator Constellation Energy Commodities Group.
New York's allocation of $78 million was disbursed on April 30, 2013 to NYSERDA, for eventual distribution as one-time bill credits to customers ($48 million), for consumer advocacy on wholesale power issues ($10 million @ $1 million/year for 10 years, and for novel transmission projects ($20 million).
There has been no announcement regarding NYSERDA's schedule for distribution of the funds. See PULP Network, March 25, 2013, New York PSC Asks FERC to Disburse $78 Million from NYISO Market Manipulation Settlement Fund; When Will Customers Receive their $48 Million Bill Credits?
MONDAY, SEPTEMBER 10, 2012
New York's allocation of $78 million was disbursed on April 30, 2013 to NYSERDA, for eventual distribution as one-time bill credits to customers ($48 million), for consumer advocacy on wholesale power issues ($10 million @ $1 million/year for 10 years, and for novel transmission projects ($20 million).
There has been no announcement regarding NYSERDA's schedule for distribution of the funds. See PULP Network, March 25, 2013, New York PSC Asks FERC to Disburse $78 Million from NYISO Market Manipulation Settlement Fund; When Will Customers Receive their $48 Million Bill Credits?
Background
MONDAY, MARCH 25, 2013
WEDNESDAY, FEBRUARY 20, 2013
WEDNESDAY, SEPTEMBER 26, 2012
WEDNESDAY, SEPTEMBER 19, 2012
FERC ALJ Sets Date for Comments and Oral Argument Regarding Use of $104 Million Fund Disgorged by Alleged NYISO Market GamersMONDAY, SEPTEMBER 10, 2012
States File Recommendations with FERC for Use of Funds Disgorged by Alleged Wholesale Electric Market Manipulator
WEDNESDAY, JULY 11, 2012
WEDNESDAY, JULY 11, 2012
SATURDAY, JUNE 16, 2012
New York Formulating Plans to Use $78 Million Disgorged by Energy Trader for the Benefit of Electricity Consumers
Papers filed with FERC in In re Constellation Energy Commodities Group, Inc., Case IN12-7, are here.
Papers filed with FERC in In re Constellation Energy Commodities Group, Inc., Case IN12-7, are here.
*****************
Posts
No comments:
Post a Comment