Monday May 1 2006


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Utilities raise Mass rates --
market comes to life

Large C&I shopping jumped in Massachusetts during February after utilities raised rates in January.
May 26 live audio conference ...

Survival skills for a new era

Building Cultures of Compliance

Speakers

• William Hederman, Morgan Lewis Energy Resources Group

• Robert Anderson, Committee of Chief Risk Officers

William Hieronymus, CRA International

What you'll learn

• Insights into the "significant changes in FERC's powers"

How FERC is implementing the new authority it has

The new risks for your company and what will be actionable

[read more]
        Marketers sold two-thirds of the power to large C&Is and signed up more than 600 customers, bringing their share to 56% of the market.
        They were selling to only 46% of large C&Is in January.
        C&I default rates stay close to the market, giving marketers headroom when the market dips between utility RFPs.
        The numbers could go up still more as uncertainty over capacity prices is dispelled.
        ISO-New England junked the unpopular locational installed capacity (LICAP) plan in favor of three-year forward capacity auctions that would begin in January.
        That may encourage longer-term deals between marketers and customers (RT, 3/7).
        It isn't clear where residential shopping numbers are headed from February reports.
        Numbers of residential shoppers plunged, but so did customers on basic service.
        The Division of Energy Resources' expert on shopping data didn't think the lower numbers meant shopping had declined.
        It might be "noise in the market," he told RT, or the effect of meter-reading dates.
        The largest group of residential shoppers live on the Cape where many take power under the Cape Light Compact's aggregation program.
        Cape Light's price is 2¢/kwh higher now than Nstar's basic rate -- but power use tends to be low at the seashore and some customers come out just for weekends.
        Customers tend to be loyal to the Compact because it offers a package of energy efficiency and renewable products.
        Dominion Retail is testing that loyalty with an offer to Cape customers at a price 15% lower than the Compact's through December, RT learned.
        Dominion is busy these days in other Massachusetts utility footprints.
        Nstar residential customers in Boston can save 8% and businesses 10% on an offer good through the end of the year, Dominion told RT.
        It's making offers to Western Massachusetts Electric customers too.
        Response has been good, the marketer said. (Click here to see table)
        Originally published in Restructuring Today on April 11, 2006

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CONFERENCE LINKS


Survival Skills for a New Era
Live interactive audio conference
When: 05/26/06 , 12:00 PM - 1:30 PM Eastern
Where: Your home, work or cell phone
www.restructuringtoday.com/conferences/survival.html

Pike & Fischer's 2nd Annual Broadband Policy
Summit 2006: Charting the Road Ahead
When: 05/11/06 , 8:00 AM - 5:00 PM Eastern
Where: University of Southern Maine
www.broadbandpolicysummit.com/registration.htm

CHP: Reducing Energy Costs Through Recycled Energy
When: 05/11/06 , 8:00 AM - 5:00 PM Eastern
Where: University of Southern Maine
www.northeastchp.org/nechpi/calendar/ events/nechpi052006.htm

UTC TELECOM 2006
When: May 21 – 24, 2006
Where: Tampa Convention Center, FL
www.UTCTELECOM2006.utc.org

IQPC's 3rd Annual Broadband Over Powerline 2006
When:  July 25-26, 2006
Where:  Dallas, Texas
www.iqpc.com/NA-2741/BPLT

NET-ATHOME™ -- The world’s most international connected home event
When:  September 26 & 27, 2006
Where: Hilton Hotel -- Cannes, France
www.net-athome.com/

Copyright 2006, ghi, llc.  All rights reserved.

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