have filed comments supporting the change<\/a>.<\/p>\n\u201cFor decades, New Yorkers have been told that deregulation of the energy markets would lower costs and improve outcomes for customers,\u201d the utilities\u2019 parent company Avangrid said in a statement. \u201cYet many continue to face rising supply prices, and the state continues to grapple with attracting the generation needed to meet growing demand and advance its clean energy goals.\u201d<\/p>\n
But experts say it\u2019s unclear whether the utilities can deliver.<\/p>\n
\u201cObviously, the utilities are putting forward the claim that it’ll lower costs, and the other side is saying that the utilities will just raise costs,\u201d said Ari Peskoe, executive director of the Electricity Law Initiative at Harvard Law School. \u201cA lot of this is about \u2026 who bears the risk from projects that don’t turn out the way the developer intended. And when utilities build projects, they put the risk on the public.\u201d<\/p>\n
The Public Service Commission has not put a timetable on its decision, but some groups aren\u2019t taking any chances.<\/p>\n
The Independent Power Producers of New York has launched a six-figure campaign to fight the potential change. They acknowledged the challenges of the past few years, but said the utilities don\u2019t hold the solution.<\/p>\n
\u201cUltimately, it’s bad for New Yorkers. It’s just going to cause delays in projects that need to be built in the state,\u201d said Gavin Donohue, the group\u2019s president and CEO. \u201cWe have an economic renaissance underway in the state, and we need more investments in the state, not less.\u201d<\/p>\n
Utilities could use affiliated companies that are not subject to state regulations to generate power, Donohue said, but they often choose not to do so.<\/p>\n
He also questioned whether utilities have the expertise to handle building the wind and solar facilities. The utility companies insist that\u2019s not the case, claiming in state filings that they already have those resources in place and can add specialized expertise, as needed.<\/p>\n
\u201cOur energy future will require significant investment in new generation resources, greater market transparency, and an all-of-the-above approach to ensuring reliable, affordable power,\u201d according to Avangrid. \u201cThat includes utility-owned generation, which should be part of the solution set alongside other generation resources.”<\/p>\n
New York is not alone in this discussion, Peskoe said. Pennsylvania, Ohio, New Jersey and Illinois are just some of the other states where utilities are making a similar push.<\/p>\n","protected":false},"excerpt":{"rendered":"State regulators are considering whether to allow utilities in New York to once again generate their own power.…\n","protected":false},"author":2,"featured_media":320208,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[9,11,10,49,51,50],"class_list":["post-320207","post","type-post","status-publish","format-standard","has-post-thumbnail","category-new-york","tag-new-york","tag-new-york-headlines","tag-new-york-news","tag-new-york-state","tag-new-york-state-headlines","tag-new-york-state-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/320207","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/comments?post=320207"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/320207\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media\/320208"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media?parent=320207"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/categories?post=320207"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/tags?post=320207"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}