Summer Energy Symposium Keep the Lights on and Lower the Costs Take Action Now: What You Can Do...
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Transcript of Summer Energy Symposium Keep the Lights on and Lower the Costs Take Action Now: What You Can Do...
Summer Energy SymposiumKeep the Lights on and Lower the Costs
Take Action Now:What You Can Do
Smith, Segel & Ruddock June 28, 2011
S. 1679 – An Act Relative to Competitively Priced Electricity in the Commonwealth
Situation
• Massachusetts: Highest or near the highest cost of electricity in the United States.
• High prices are contributing to the high cost of doing business in Massachusetts.
• Passage of the Green Communities Act added costs to ratepayer bills.
• Rate cases before the Department of Public Utilities have resulted in enormous and unexpected rate increases.
Smith, Segel & Ruddock June 28, 2011
S. 1679 – An Act Relative to Competitively Priced Electricity in the Commonwealth
Solutions
• Municipal light companies get funding for energy efficiency from RGGI.
• Prohibits utilities from passing to ratepayers costs of fuel for certain renewable power plants owned by utilities.
• Changes Section 83 of the GCA, long-term contracts for renewable power – cost recovery.
• Allows out of state renewable generators to compete equally with instate generators for long-term contracts with utilities.
Smith, Segel & Ruddock June 28, 2011
S. 1679 – An Act Relative to Competitively Priced Electricity in the Commonwealth
Solutions, continued
• Requires utilities to provide accurate and timely itemized information to businesses – reasons and impact of increases.
• Mandatory phase-in period for any increase over 10% of a current distribution rate approved by the DPU.
• Discretionary phase-in period upon request for non-residential ratepayers with greater than a 15% increase distribution costs approved by the DPU.
• Allows utilities to recover revenue for loss of consumption (decoupling) only when the loss of revenue is due only to energy efficiency programs.Smith, Segel & Ruddock June 28, 2011
S. 1680 - Energy Efficiency Amendment
Situation
• Each utility in Massachusetts has energy efficiency programs funded by all ratepayers.
• Individual ratepayers can access this funding by applying to the utility for monies under various programs.
• This necessarily means that some funding is absorbed by administrative costs which costs ratepayers the use of the entire funding they are contributing.
Smith, Segel & Ruddock June 28, 2011
S. 1680 - Energy Efficiency Amendment
Solution
• On a pilot basis allow certain ratepayers to keep the money they would otherwise pay the utility.
• Require those ratepayer to commit to absolutely spending the retained monies for energy efficiency programs or demand management
• Eliminates middleman costs, empowers ratepayers to make investment they need for reducing energy use
• Guarantees the monies are spend and targeted to investments unique/effective for the specific ratepayer.
Smith, Segel & Ruddock June 28, 2011
Call/Write for More Information:
Robert RuddockSmith, Segel & Ruddock
50 Congress Street, Suite 500Boston, MA 02109
(617) [email protected]