The creation of the New York Municipal Energy Program (NYMEP) continues to make big news. The program—developed by Good Energy, the New York State Conference of Mayors (NYCOM) and the Association of Towns of the State of New York (AOT)—was recently featured on the energy industry website metering.com.
Metering.com is the online presence of Metering & Smart Energy International, a leading authority on smart meter, smart grid and smart energy markets. The site reports on energy trends and serves utilities and equipment makers in electricity, gas and water markets across the globe.
The NYCOM program is the first of its kind in New York State and provides price stability for municipal facilities and residents. The New York Public Service Commission approved the launch of Community Choice Aggregation initiatives in 2015. These aggregation plans will allow communities and municipal facilities to form energy buying groups to purchase energy in bulk to save money through economies of scale. New York is the seventh state to approve Community Choice Aggregation.
Good Energy will negotiate with utilities and power producers for lower prices on electricity and natural gas to members of NYMEP.
“This is a new and exciting program, and Good Energy is extremely proud to work with New York communities to save on energy bills,” says Javier Barrios, Good Energy Managing Partner. “For the first time, New York residents can come together in large energy-buying groups and save money through a CCA. This program will provide tremendous value.”