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CCA websites usually compare the CCA's rates to that the incumbent utility. For example, Clean Power Alliance 2019 rates are 1-2% cheaper (for the 36% clean power) than Southern California Edison and 7-9% higher (if customers choose the 100% clean power, which uses unbundled Renewable Energy Credits). [68]
New York has an independent system operator, the New York Independent System Operator (NYISO). [117] The NYISO is the 501(c)(3) [ 118 ] nonprofit quasi-governmental agency charged by New York with auctions of energy supplies.
Structural – power to choose the form of government, charter and enact charter revisions, Functional – power to exercise local self government in a broad or limited manner, Fiscal – authority to determine revenue sources, set tax rates, borrow funds and other related financial activities,
The idea behind these plans, called “time-of-use” rates, is to reduce the strain on the power grid during peak demand times by adjusting customers’ electricity use behavior.
The New York State Constitution, Art.X, sec. 5, provides that public benefit corporations may only be created by special act of the legislature. In City of Rye v. MTA, 24 N.Y.2d 627 (1969), the court of appeals explained that "The debates of the 1938 Convention indicate that the proliferation of public authorities after 1927 was the reason for the enactment of section 5 of article X....
Rating Action: Moody's assigns A2 rating to SFP Transmission, NY's inaugural bond offering; outlook is stableGlobal Credit Research - 21 Mar 2022Approximately $569 million of debt securities ...
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