Support for New York Reforming the Energy Vision Track 2: Rate Design Proposals
The New York Public Service Commission’s Reforming the Energy Vision initiative, an ambitious initiative to improve the New York electricity system through better incorporation of distributed energy resources, is proceeding on two tracks. The focus of Track Two is to examine what regulatory changes in current regulatory, tariff, and market designs and incentive structures are needed to better align utility interests with achieving the PSC’s objectives. Synapse assisted Pace in analyzing several aspects of the Track Two proposals, including the benefit-cost analysis framework, the value of solar, the ways that system fees might help encourage or discourage customer PV systems, standby rates, and pricing structures. Synapse also helped Pace experts develop alternative proposals for submission into the case record.