July 16, 2024

New York State Electric and Gas Corporation (NYSEG)

FERC Orders Settlement Procedures on NY Utilities’ Tx ROE Filing
FERC ordered two New York utilities into settlement procedures over their proposed 10.87% ROE on upgrades to meet the state’s renewable energy goals.  
The White House
NY Utilities to Seek $900M from DOE
Six utilities have indicated they will apply for federal loans and grants totaling roughly $900 million made available from the IIJA and IRA.
New York Utilities
NY Utilities Propose Plan to Coordinate Decarbonization Efforts
Seven N.Y. utilities filed a proposal aiming to help develop a "fully decarbonized electric system” by improving grid planning coordination among stakeholders.
Mahopac Volunteer Fire Department
NY PSC Accepts NYSEG Proposal to Address Gas Leak Fire
NYSEG faces a $250,000 fine for each violation and their Sampling Plan addresses the public safety and remedial issues raised in the PSC investigation.
New York Open Data
FERC Approves ROFR for NY Transmission Upgrades
FERC ruled that New York TOs can exercise a right of first refusal for transmission upgrades without being bound by other developers’ cost caps.

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