Maverick EnergyRevenue Neutral to Nicor – NOT to Large Customers
Nicor Rate Design History
- Transportation rates established in 1980’s
- Storage allocated as part of Nicor’s customer choice program
- In 2018 rate case, suppliers
questioned Nicor’s “customer care costs”
- All call center costs paid for by all customers
- Nicor said bigger issue is the
way in which
choice customers use storage
- ICC directed Nicor to study the storage issue
- In 2019 rate case, Nicor
presented study results
- Claimed transportation customer misusing
- ICC directed to present proposal by 6.30.20
How Commercial and Industrial Customers will be impacted:
- New Operational Restrictions
- Daily Balancing Restrictions
- Monthly Balancing Restrictions
- Mandated injections and withdrawals
- Mandated Storage Capacity – 30 Days
- New Costs
- System Balancing Charge (SBC)
- Potential for substantial penalties
- Daily Pricing will become extremely volatile/unpredictable
- May force suppliers to change operations and/or pricing
NICOR Rate Case Schedule
- June 30, 2020 — Nicor Filing Suspended
- November 5, 2020 — Staff / Intervenor Direct Testimony
- December 11, 2020 — Nicor Rebuttal Testimony
- January 14, 2021 — Staff / Intervenor Rebuttal Testimony
- January 29, 2021 — Nicor Surrebuttal Testimony
- February 9-10, 2021 — Evidentiary Hearings
- March 3, 2021 — Initial Briefs
- March 12, 2021 — Reply Briefs
- March 17, 2021 — Draft Orders / Position Statements
- April 7, 2021 — Administrative Law Judges’ Proposed Order
- April 21, 2021 — Briefs on Exceptions
- April 28, 2021 — Reply Briefs on Exceptions
- May 21, 2021 — Tariff changes to be approved by ICC
- May 1, 2022 — Tariff changes to go in effect
WHAT CAN BE DONE?
- Get informed about these changes
- Get involved and advocate!
- Get prepared for a different market reality