Services for Load-Serving EntitiesCon Ed Energy Load-Serving Services

Con Edison Energy, Inc. is an experienced power marketer and portfolio manager, providing customized load-management services to clients ranging in size from public authorities to start-up ESCOs. We are active in the New England, New York, PJM, ERCOT and California Independent System Operators (ISOs).

We provide a comprehensive set of services that range from consulting and strategic planning to core logistical services such as bidding and scheduling, load forecasting, hedge execution, and REC management. We currently provide load-management services for more than 9,000 MWs in ISO-NE, PJM, NYISO, and ERCOT. Our services are designed to handle all front-, middle-, and back-office functions required for load-portfolio management.

Hedging and Risk Management

Con Edison Energy's experienced group of energy professionals will work closely with your organization to develop hedge plans designed to meet your financial targets. We can design and develop strategies and execute them using our counterparty contracts or, on your behalf, as an agent. Our broad range of services and capabilities can help to optimize mid-term and long-term scenario-based strategies that can help optimize your load portfolio.

  • Forward Price Creation for Wholesale Market Products (Energy, Capacity, Renewable, Transmission)
  • Origination and Financial and Physical Hedge Execution
  • Intra-month Trading to Balance Changes in Load Requirements and Market Conditions
  • Trade Capture, Valuation, and Reporting
  • Supply Contract Evaluation
  • Detailed P&L and Risk Reporting (Position, MtM, Credit Exposure, VaR)

Forecasting and Scheduling

Whether reacting to fluctuating weather conditions or managing scheduling logistics, our power-scheduling team can plan and execute your organization's physical and financial strategies. With extensive experience in the NE, NY, PJM and ERCOT ISOs, our power-scheduling team can provide your organization with a variety of physical and financial scheduling services from day-ahead power scheduling to tagging and transmission reservation.

  • Short-term and Mid-term Forecasting
  • Demand Scheduling
  • Bilateral Scheduling and Confirmations
  • Power Tagging and Transmission Reservations
  • Bid Accuracy and ISO Actual Usage Reporting
  • Hedge-Settlement Reporting and Balancing Cost Analysis

Renewable Requirement Management

Con Edison Energy can help your organization navigate the impacts of Renewable Portfolio Standards (RPS) legislation while simplifying the state-by-state complexities of REC management. We help our clients develop and execute short-term and long-term strategies for the purchase of renewable energy credits. Our renewable energy-management services include:

  • REC Inventory Tracking and Management
  • RPS and/or Voluntary Requirement Tracking
  • REC Scheduling (Generation Information Systems, Generation Attribute Tracking Systems)
  • State RPS filings

Settlements and Performance Monitoring

With more than ten years of cross-commodity and cross-ISO experience, our dedicated team of settlement analysts can help decrypt and decipher ISO/RTO settlement data and help load-serving entities get a clear picture of performance and profitability. We offer customized reporting solutions helping load-serving entities decipher and leverage the deluge of data into meaningful and actionable information.

  • Performance Monitoring
  • Customized Settlement Reporting
  • ISO and Third Party Invoice Reconciliation
  • Shadow Settlement of ISO Invoices
  • Budgeting and Forecasting

Regulatory and Compliance

Con Edison Energy's dedicated staff of regulatory professionals monitor the federal and local regulatory landscape to help your organization understand and prepare for possible impacts of regulatory changes to your business.

  • Regulatory and Compliance Updates
  • Committee Participation
  • Regulatory Planning
  • Compliance Monitoring
  • Market Intelligence