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News Stories: ESCO

June 24, 2026
New York

True Source Power – a Newly Formed Entity – Seeks ESCO Eligibility

On May 11th True Source Power LLC, filed for eligibility as a New York ESCO. The application indicates that “True Source Power LLCC is a brand new ESCO. It will only be…

June 16, 2026
New York

Per New Law, the Joint Utilities file a Cost Recovery Petition to Show Side-by-side Price Comparison for Residential and Small Commercial Customers

On June 15, the joint utilities filed a petition for cost recovery and other relief related to GBL § 349-d(9) and (10). The electric and gas utilities filing the…

June 12, 2026
New York

Joint Nuclear Policy Options Paper Released

In a press release the New York State Energy Research and Development Authority (NYSERDA) and the Department of Public Service (DPS) announced the joint publication of…

May 19, 2026
New York

Utility Files Revised Bulk Storage Implementation Plan For Competitive Direct Procurement

On May 18, 2026, Con Edison filed its revised bulk storage implementation plan for a competitive direct procurement of scheduling rights from qualified energy storage…

May 18, 2026
New York

Show Cause Order Issued Against ESCO for Alleged Violations of UBP Rules

On May 14, 2026 the New York Public Service Commission issued an Order to Show Cause to Mpower Energy, LLC for alleged violations of the Commission’s Uniform Business…

April 17, 2026
New York

Nine NRG ESCO Affiliates to Collectively Pay $50 Million and Provide Up to $21 Million in Guaranteed Future Savings to Certain Customers to Settle Dispute Over Alleged Regulatory Violations

In an omnibus Order Adopting Terms of Settlement Agreement the New York PSC directs nine (9) NRG Affiliated ESCOs to provide billing adjustments to all former and…

March 17, 2026
New York

NY PSC Staff Report Finds 71% of Mass Market ESCO Customers are on Month to Month Contracts

Customer Type: Total Month-to-Month Contracts Mass Market 464,440 330,528 Commercial & Industrial 157,447 53,764 Total 621,887 384,292 16 ESCOs Failed to Provide…

February 27, 2026
New York

NY Staff Seek Extension to File Report on Number of ESCO Customers Served on Month-to-month Contracts

Staff of the New York Public Service Commission (PSC) filed an request for extension of time for Staff to file its report to the Commission regarding the number of ESCO…

February 11, 2026
New York

Reminder:  Revised New York UBP Rules for ESCOs, Brokers and DERs Effective April 30th

As reported previously, on January 28, 2026 the New York PSC issued an order reinstating financial accountability requirements for energy broker and consultant…

January 28, 2026
New York

PSC Issues ESCO Show Cause Order for Violating Commission Rules

The Commission agrees with Staff’s investigation and preliminary conclusion that there is sufficient credible evidence to support the issuance of a show cause order that…

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