EPPA gives sole endorsement to New Energy Ventures for Phase II of Con Edison's Retail Access Program.For the second time since New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of opened its markets to retail choice, the Electric Power Procurement Alliance (EPPA EPPA Employee Polygraph Protection Act of 1988 EPPA European Poker Players Association EPPA Estes Park Plein Air (Estes Park, CO) ) has endorsed New Energy Ventures, Inc., the nation's largest energy provider, to provide electricity to the EPPA's member organizations, which represent over 40 percent of the electric load in the Con Edison marketplace "After examining the proposals of a number of energy service providers, the EPPA has endorsed New Energy Ventures exclusively. We feel comfortable with its proposal, and look forward to having New Energy Ventures exceed its Phase I performance and serve our members well," said Peter L. DiCapua, chairman of the EPPA. He expressed disappointment the endorsement could not have been made much earlier "due to unfortunate circumstances which impeded im·pede tr.v. im·ped·ed, im·ped·ing, im·pedes To retard or obstruct the progress of. See Synonyms at hinder1. [Latin imped our decision-making, including the lack of clarity on such issues as rates, sales taxes sales tax, levy on the sale of goods or services, generally calculated as a percentage of the selling price, and sometimes called a purchase tax. It is usually collected in the form of an extra charge by the retailer, who remits the tax to the government. and capacity." In Phase I, New Energy Ventures was one of two firms endorsed by the EPPA, and it signed up 35 percent of the market to become the second largest energy service company (ESCO ESCO Energy Service Company ESCO Estonian Shipping Company ESCO Esfahan Steel Company (Iran) ESCO Electric Steel Company, Inc. ESCO Eastern Sydney Chamber Orchestra (Australia) ) in Con Edison territory throughout New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. and Westchester. EPPA is a coalition of eight of the leading real estate organizations in the greater New York area, and includes the Associated Builders and Owners of Greater New York, Inc.; The Building Owners' and Managers' Association of Greater New York, Inc. (BOMA/NY); BOMA Boma (bō`mə), city (1984 pop. 197,617), Bas-Congo province, W Congo (Kinshasa), on the Congo River estuary. A port and railhead, it exports tropical timber, bananas, cacao, and palm products. Westchester; Hotel Association of New York City, Inc.; Institute for Real Estate Management; Owners' Committee on Electric Rates, Inc.; Real Estate Board of New York, and the Rent Stabilization Association of New York City, Inc. Gerald Lieberman, president of NEV NEV Nevada (old style US postal abbreviation) NEV Neighborhood Electric Vehicle NEV Nevis, Leeward Islands, Saint Kitts And Nevis (Airport Code) NEV Network Enhancement Vehicle NEV Network Event Viewer East, New Energy Ventures' east coast operations subsidiary, said "The industry leaders represented by the EPPA have once again taken a positive step towards insuring a vibrant market for all electricity users in New York. Being selected for the second year in a row re-enforces that customers want improved service, better pricing and greater options, which are available in a competitive market. New Energy Ventures is extremely pleased that we will continue to work with the EPPA to bring a high level of service and lower energy prices to its members." Once firms have been accepted in the program, they are free to sign up with any ESCO of their choice. "Because of that freedom of choice and the EPPA endorsement," said Lieberman, "New Energy Ventures hopes to attract a significant number of firms previously served by other providers. Our superior record of customer service and very competitive prices are a powerful incentive to switch." Delivery of electricity for Phase II begins on April 1st. |
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