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CEMA NEWS

HOD audits due Friday, Nov. 14 — only 52 percent response rate so far
CEMA
The Connecticut Department of Consumer Protection (DCP) sent an audit letter to all registered heating oil and propane dealers (HOD’s) recently. The audit statement provided in the letter must be filled out, notarized and either faxed or emailed to DCP by Nov. 14, by all registered HOD’s regardless if you offer contract or not! DCP will not accept audit statements via U.S. mail.
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Prepay contract moratorium in effect
CEMA
As of Nov. 1, the state of Connecticut prohibits the sale of prepay/prebuy contracts to residential customers until April 1. Fixed price contracts and other guaranteed price contracts where a customers does not pay for the fuel in advance of delivery is permitted during the moratorium. This law change occurred after Ace Oil closed their doors last fall.
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Energy Assistance program kicks off Nov. 12
CEMA
The Connecticut Energy Assistance program (CEAP) made its first authorizations of the season on Wednesday, Nov. 12. Pricing information will come from the Oil Price Information Service (OPIS) to determine the daily fixed margin price, which will be used to pay oil vendors making deliveries to CEAP households. The Fixed Margin Price will be based on the daily New Haven Rack Average OPIS price for ultra-low sulfur dyed distillate oil, plus a fixed margin of 31 cents per gallon.
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2014 CEMA holiday party — Dec. 9
CEMA
Please join friends, family and colleagues at the Connecticut Energy Marketers Association's annual end-of-year holiday celebration. This marks an end of a year of many challenges, as we look forward to new year of opportunity. We also gather to celebrate with our friends from Operation Fuel which aids the needy with heating assistance, and with our Marine friends from Toys for Tots who help needy families with their toy drives, which we are happy to support once again.
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National credit card Visa/Mastercard Interchange settlement
CEMA
Earlier this fall, the national lawsuit over Visa/Mastercard Interchange charges was settled. The lawsuit concerned overcharging by the card companies. Because many retailer trade associations, including PMAA and NACS were opposed to the settlement, retailers were encouraged to opt out of the settlement to demonstrate to the judge retailer opposition.
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INDUSTRY NEWS


CL&P responds to claims it offered dishonest testimony in rate case
Hartford Courant
The day after the state's top consumer advocate accused Connecticut Light & Power (CL&P) of manipulating evidence and submitting dishonest testimony in its $221 million rate case, the company offered a lengthy defense of its actions, saying the claims against it were "categorically false and irresponsible." Also, Attorney General George Jepsen echoed the request to strike the whole testimony of the consultant at the center of the accusations. That testimony advocated for a $31.4 million chunk of the total rate increase.
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Natural gas falls from 4 month high as cold outlook eases
Bloomberg
Natural gas futures dropped in New York for the first time in 10 days, retreating from a four-month high, on speculation that moderating cold later this month will limit heating demand. The government’s Global Forecast System showed easing frigid weather east of the Rocky Mountains 11 to 15 days from now, said MDA Weather Services on Nov. 10.
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CL&P, UI to refund $30 million
Hartford Business Journal
The Federal Energy Regulatory Commission has ruled electric ratepayers will receive a $30 million refund from the parent companies of utilities Connecticut Light & Power (CL&P) and United Illuminating (UI) because of over-payments for transmission charges. FERC reaffirmed, recently, its June decision to lower the return on equity that New England utilities receive from their transmission infrastructure from 11.14 percent to 10.57 percent.
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Utilities may limit new natural gas connections
The Boston Globe
Short supplies of natural gas tied to limited pipeline capacity have already led to spiraling winter electricity prices across Massachusetts. Now the same shortages may force some gas companies in western Massachusetts to turn away new heating fuel customers and restrict how much additional natural gas existing commercial customers can use if they expand operations.
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CL&P electric rates to jump 26 percent starting in January
Hartford Courant
The cost of a kilowatt hour will jump 26 percent for Connecticut Light & Power's (CL&P) residential customers starting next year. The unwelcome spike in electricity generation prices is a direct result of bottlenecks in natural gas pipelines. And although it's little consolation, prices are jumping throughout New England.
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The shortest distance between you and a great career
Entech
Where do the pros look for the next generation of HVACR technicians? Right here at Entech. Our state-of-the-art facility offers training with the very latest technologies and equipment. Because Entech is affiliated with the Connecticut Energy Marketers Association, we have direct relationships with the companies you'll want to work for. As part of our job placement services, we'll even help you find an apprenticeship while you're training so you can earn a paycheck sooner.
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TRENDING ARTICLES
Missed last week's issue? See which articles your colleagues read most.

    HOD audits could cost oil/propane dealers $500 (CEMA)
7 steps to make money off your C-store competition (By Betsi Bixby via CEMA)
Oil will tumble to $70 says new 'bond king' (CNN via Hartford Business Journal)
CEMA membership guide — Connecticut terminals update/correction (CEMA)
How will the election affect your business, your job and your future (CEMA)

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CEMA Pipeline
Colby Horton, Vice President of Publishing, 469.420.2601
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Lauren Swan, Content Editor, 202.684.7496  
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