Organization
The New England States Committee on Electricity (or NESCOE) is a not-for-profit entity organized under various state and federal laws. NESCOE is a Regional State Committee recognized by the Federal Energy Regulatory Commission (FERC) and described further below.
Purpose
NESCOE represents the collective perspective of the six New England states in regional electricity matters. NESCOE advances the New England states’ common interest in the provision of electricity to consumers at the lowest possible price over the long-term, consistent with maintaining reliable service and environmental quality.
Governance
NESCOE focuses on two areas: resource adequacy and system planning and expansion.
NESCOE is governed by a board of managers appointed by the Governors of the six New England States.
Regional State Committee
The Federal Energy Regulatory Commission (FERC) encouraged regions of the country with Regional Transmission Organizations (RTOs), such as ISO New England (ISO-NE) to form Regional State Committees in 2002. This was to coordinate and advance state views in regional electricity markets and planning activities.
The New England Governors, through their representatives, worked through a stakeholder process with the New England Power Pool (NEPOOL) and ISO-NE, and advanced an agreed-upon structure, function and funding to FERC. After considering related issues in a proceeding, FERC approved NESCOE’s formation, governance and associated issues, as well as funding through the ISO-NE tariff in 2007. NESCOE commenced operations in 2009.