Operations: Generation / Wholesale
Generation Facilities Total: 1,212 MW
Listing by Fuel Type:
Gas: 1 facility @ 1,212 (MW net capacity)
Key Third Party Organizations
- Independent Power Producers of New York (IPPNY)
- Environmental Energy Alliance of New York (EEANY)
- New York Business Council
Vistra Assets in State
|Asset Name||Location||Fuel||MW||HD||SD||CD||Market||Own %|
|Independence||OSWEGO, NY||Gas (CCGT)||1,212||120||48||24||NYISO||100|
Competition Enabler & key statute(s):
- Legislative – None
- Utility Regulations
- Central Hudson Gas & Electric
- Consolidated Edison
- National Grid (formerly known as Niagara Mohawk Power Corporation (NIMO)
- New York State Electric & Gas (NYSEG)
- Orange & Rockland Utilities (O&R)
- Rochester Gas & Electric (RG&E)
- Jersey Central Power and Light (JCP&L)
Retail Competition Background:
The New York State Public Service Commission (PSC) opened the State’s electric and natural gas industries to competition. Changes in both of these markets have provided an opportunity for consumers to choose their supplier of electricity and/or natural gas. Consumers continue to have the option to purchase energy from their incumbent utility.
The PSC approved utility plans and implemented procedures that give electric and natural gas customers access to energy suppliers known as energy service companies, or “ESCOs.” The plans require the utilities to offer retail choice to customers who want to shop for electricity and natural gas and other related services or products. The delivery of electricity and natural gas to homes and businesses, however, will remain the job of the local utility and continue to be regulated by the PSC.
Those who choose an ESCO may receive two bills: one bill from the ESCO for electricity and/or natural gas supply and other products it sells, and one from the utility for transmission and delivery charges. Other options are possible — the utility may bill on behalf of the ESCO and include the ESCO’s charges in its bill, or the ESCO may bill on behalf of the utility and include the utility’s charges in the ESCO’s bill.
Regardless, the customer will always have access to your usage and billing history, and that information can only be released by the utility with the customer’s permission.
While New York has a competitive electric and gas market, the recent rulemaking by the New York Public Service Commission regarding the resetting of retail energy markets has significantly curtailed the types of offers ESCOs may market in competitive regions to mass market customers. As a result, only offers marketed to C&I customers are largely unregulated, while mass market offers must meet certain regulatory criteria, including price savings and/or renewable content.
Order Resetting Retail Energy Markets and Establishing Further Process:
- Effective March 4, 2017, energy service companies (ESCOs) may only enroll mass market customers and renew expiring agreements with existing mass market customers based on contracts that guarantee savings in comparison to what the customer would have paid as a full service utility customer or provide at least 30% renewable electricity.
- The most recent comprehensive review concluded that competitive retail energy markets are providing substantial benefits to large commercial and industrial customers, including a wide range of energy-related value-added services that assist customers in managing their energy usage and bills.3 In contrast, retail energy markets are not providing sufficient competition or innovation to properly serve mass market consumers. As a result, changes were made to enhance price transparency, including requiring utilities to implement an online tool for ESCO customers to compare their ESCO charges with what they would have paid if commodity was obtained by the utility, and requiring ESCOs to file historic pricing information for certain products with the Department for subsequent publication. In addition, enhancements were made to strengthen rules and procedures applicable to ESCO marketing activities, including requiring all enrollments made through door-to-door and telephonic marketing to be verified by an independent third party. Additional changes were made to further protect participants in utility low-income programs, by requiring ESCOs choosing to serve those customers to provide only products that guarantee savings in comparison with energy purchased from the utility or include an energy-related value-added component. A collaborative proceeding was initiated to resolve implementation issues associated with that requirement.