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Rate Counsel backs limited extension of capacity proxy prices, raises concerns about DOE emergency cost treatment and municipal aggregation data
Summary
Robert Glover of the New Jersey Division of Rate Counsel said Rate Counsel does not object to extending capacity proxy prices for the 2028–29 delivery years but supports a five‑business‑day trigger to cancel proxies where BRA results become available; he relayed NextEra's request that DOE Section 202(c) emergency costs be explicitly excluded from supplier responsibility and a request for more frequent municipal aggregation data.
Robert Glover, assistant deputy rate counsel at the New Jersey Division of Rate Counsel, told the Board of Public Utilities that Rate Counsel filed initial comments on the EDCs’ 2026 BGS proposal and that his presentation focused on two issues: continuation of certain temporary measures (capacity proxy prices) and points raised in NextEra Energy Marketing’s initial comments.
Glover said PJM capacity auctions have been delayed due to federal regulatory uncertainty and that…
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