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Reforming the Energy Vision, NYS Department of Public Service Staff Report and Proposal

Reforming the Energy Vision, NYS Department of Public Service Staff Report and Proposal

Full Title:  Reforming the Energy Vision, NYS Department of Public Service Staff Report and Proposal
Author(s): N/A
Publisher(s): New York State Department of Public Service
Publication Date: April 1, 2014
Full Text: Download Resource
Description (excerpt):

This report proposes a platform to transform New York‟s electric industry, for both regulated and non-regulated participants, with the objective of creating market based, sustainable products and services that drive an increasingly efficient, clean, reliable, and consumer-oriented industry. One key outcome of the transformation is to address the Commission‟s stated objective to make energy efficiency and other distributed resources a primary tool in the planning and operation of an interconnected modernized power grid. Under the customer-oriented regulatory reform envisioned here, utilities will actively manage and coordinate a wide range of distributed resources to accomplish the policy objectives described by the Commission. Markets and tariffs will empower customers to reduce and optimize their energy usage and electric bills, and will stimulate innovation and new products that will further enhance customer opportunities.

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