The Westchester Power Community Energy Program (Electricity Supply) Resumes in the Con Edison Utility Territory this Fall 2022
We are pleased to announce that this state-model program for renewable energy is positioned to further its carbon reduction impact in the coming months.
As you know, the program was on a brief pause due to the unprecedented conditions in the energy market, over the last year, that have manifested in energy price increases that the program has never experienced since its inception 6 years ago. These increases have been due to a variety of factors and can be attributed in great part to a mixture of supply constraints caused by greatly increased exports of the key fuel for electricity generation – natural gas, geopolitical conflicts and extreme weather events and domestic temperatures. As a result, market prices have moved dramatically and continuously upwards for many months, hampering our ability to execute a supply contract up until this point.
These factors have not only affected prices for the near term, but elevated electricity rates look to be a longer-term reality. Sustainable Westchester continues to work on developing structures and procurement strategies to meet the challenge of this new reality in support of Westchester consumers.