Under this agreement, the company would extend by three years the Electric Restructuring Agreement approved by the PSC in 1997, and provide about $1.5 billion of rate benefits to customers in addition to the more than $1.1 billion provided for in the 1997 agreement. The typical New York City residential customer will save approximately $50 annually, while the typical small commercial customer will save about $100 annually and the somewhat larger commercial customer will save about $1,000 a year.
FAIRFAX, Va., Oct. 2, 2000—XENERGY, an energy consulting firm, has joined KEMA Consulting, a wholly-owned subsidiary of KEMA. With the addition of XENERGY, KEMA Consulting now has 400 experienced power industry specialists who provide a full complement of services supporting generation through the customer side of the meter. KEMA clients represent the complete spectrum of participants in the energy marketplace.