Compensation for Distributed Energy Resources Through the Value Stack Methodology
NY-ADR
5/24/17 N.Y. St. Reg. PSC-21-17-00016-P
NEW YORK STATE REGISTER
VOLUME XXXIX, ISSUE 21
May 24, 2017
RULE MAKING ACTIVITIES
PUBLIC SERVICE COMMISSION
PROPOSED RULE MAKING
NO HEARING(S) SCHEDULED
I.D No. PSC-21-17-00016-P
Compensation for Distributed Energy Resources Through the Value Stack Methodology
PURSUANT TO THE PROVISIONS OF THE State Administrative Procedure Act, NOTICE is hereby given of the following proposed rule:
Proposed Action:
The Commission is considering the implementation of the Phase One Value Stack in accordance with its March 9, 2017 Order and the Implementation Proposals filed by the utilities on May 1.
Statutory authority:
Public Service Law, sections 5(1)(b), (2), 65(1), (2), (3), 66(2) and (5)
Subject:
Compensation for distributed energy resources through the Value Stack methodology.
Purpose:
To implement appropriate compensation methodologies for distributed energy resources.
Substance of proposed rule:
The Public Service Commission is considering the implementation of the Phase One Value Stack in accordance with its March 9, 2017 Order on Net Metering Transition, Phase One of Value of Distributed Energy Resources, and Related Matters (Order) and the Implementation Proposals filed by Central Hudson Gas & Electric Corporation, Consolidated Edison Company of New York, Inc., New York State Electric & Gas Corporation, Niagara Mohawk Power Corporation d/b/a National Grid, Orange and Rockland Utilities, Inc., and Rochester Gas and Electric Corporation on May 1, 2017. Issues for consideration include identification of, calculation of, and compensation for components of the Value Stack, including Demand Reduction Values, Locational System Relief Values, Capacity Values, and Environmental Values, use of average generation profiles, cost allocation and recovery methodologies, including accounting transactions and ratemaking treatment, managing billing and tracking bill credits, reporting procedures, and tariffs for Value Stack compensation. The full text of the order and proposals may be reviewed online at the Department of Public Service web page: www.dps.ny.gov. The Commission may adopt, reject, or modify, in whole or in part, the proposals made in the Order and in the Implementation Proposals and may resolve related matters.
Text of proposed rule and any required statements and analyses may be obtained by filing a Document Request Form (F-96) located on our website http://www.dps.ny.gov/f96dir.htm. For questions, contact:
John Pitucci, Public Service Commission, 3 Empire State Plaza, Albany, New York 12223-1350, (518) 486-2655, email: [email protected]
Data, views or arguments may be submitted to:
Kathleen H. Burgess, Secretary, Public Service Commission, 3 Empire State Plaza, Albany, New York 12223-1350, (518) 474-6530, email: [email protected]
Public comment will be received until:
45 days after publication of this notice.
Regulatory Impact Statement, Regulatory Flexibility Analysis, Rural Area Flexibility Analysis and Job Impact Statement
Statements and analyses are not submitted with this notice because the proposed rule is within the definition contained in section 102(2)(a)(ii) of the State Administrative Procedure Act.
(15-E-0751SP4)
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