FERC last week left intact most of its 2010 order meant to mitigate market power in the installed capacity market in New York City.

The overhaul of the electric industry in New York, Reforming the Energy Vision, will largely bar utility ownership of distributed energy resources.

ConEd reported lower fourth-quarter earnings for 2014, but its $0.58/share showing for ongoing operations beat analysts’ consensus by 2 cents.

New York regulators have doubled the cap on the amount of solar energy the state’s utilities are required to purchase under its net metering program.

NYISO must refund more than $700,000, plus interest, to GDF Suez due to overcharges caused by missing meter data in the aftermath of Superstorm Sandy, FERC ruled.

The NYPSC approved Con Ed of New York's proposed $200 million Brooklyn/Queens Demand Management Program that would relieve overloads in the city.

Con Ed of New York filed a complaint with FERC stating its opposition to a cost allocation formula that PJM has devised for two transmission upgrades.

The NYISO Management Committee approved a mandatory black start requirement in the Consolidated Edison territory, despite opposition by generators.

FERC rejected Consolidated Edison's attempt to avoid paying for a major transmission upgrade in northern New Jersey but suggested it might order PJM to recalculate the company’s bill.

PJM told FERC that it should reject an attempt by Consolidated Edison Co. to avoid paying for more than half of a $1.2 billion transmission upgrade to address a short circuit problem in the PSE&G transmission zone.