orange and rockland electric

Rockland Electric Company and Pike County Light & Power Co. (PCL&P) are subsidiaries of Orange and Rockland Utilities, Inc. The utilities distribute electricity to more than 301,800 customers in about 100 communities in those three states, and deliver natural gas more than to 128,000. Want to save money on your Orange & Rockland Bill! financial assistance to low income Rockland Electric customers who need extra help. orange and rockland electric

Orange and rockland electric -

N.Y. PSC Issues Order Involving Orange and Rockland Utilities

ALBANY, New York, April 24 -- The New York State Public Service Commission issued the following order (Case No. 19-M-0779) involving Orange and Rockland Utilities: Petition of Orange and Rockland Utilities, Inc. under Section 69 of the Public Service Law to Issue Securities Having a Maturity of More Than One Year.

ORDER AUTHORIZING ISSUANCE OF SECURITIES

BY THE COMMISSION:

INTRODUCTION

By petition dated December 23, 2019, Orange and Rockland Utilities, Inc. (Orange and Rockland or the Company) requests authority under Sec.69 of the Public Service Law (PSL) for the period up to and including December 31, 2023: 1) to issue up to $165 million of unsecured debt obligations for traditional utility purposes, primarily to fund the capital expenditures of its New York operations (New Debt); 2) to enter into, or renew, one or more Revolving Credit Agreements not to exceed $200 million; and 3) to issue unsecured debt obligations in an amount equal to $125 million plus the costs of refunding, including any premium, for the purpose of opportunistically refunding up to $125 million of its existing outstanding debt obligations prior to their maturity (Refunding Debt).

In this Order, the Commission approves the Company's request to issue up to $165 million of New Debt which will enable it to fund, in part, approximately $712 million of its New York operations' construction expenditures during the next four years. During this timeframe Orange and Rockland is also permitted to enter into or continue one or more multi-year revolving credit agreements (RCAs) in amounts not to exceed $200 million. These agreements are needed to provide the Company with committed funding to meet its projected liquidity needs. Finally, Orange and Rockland is permitted to issue up to $150 million of Refunding Debt, provided it is economic to do so, subject to the conditions in this Order.

NOTICE OF PROPOSED RULE MAKING

Pursuant to the State Administrative Procedure Act (SAPA) Sec.202(1), a Notice of the Petition was published in the State Register on January 22, 2020. The time for submission of comments pursuant to the Notice expired on March 23, 2020. No comments were received.

LEGAL AUTHORITY

Pursuant to the Public Service Law (PSL) Sec.Sec.5, 66 (1) and 69, the Commission has the legal authority to review requests for the issuance of securities and forms of indebtedness, as well as modify, reject or approve such requests. As such, the Commission has the legal authority to review the Company's filing, as prescribed in this Order.

DISCUSSION

Profile/Financial Condition

Orange and Rockland is a regulated electric and gas transmission and distribution (T&D) utility owned by Consolidated Edison, Inc. (CEI). The Company serves approximately 300,000 electric and 100,000 gas customers located primarily in New York State's Orange and Rockland counties and in adjacent areas of northern New Jersey. Its New Jersey customers are served by its own subsidiary, Rockland Electric Company, which constitutes about 16% of its consolidated rate base. Orange and Rockland's unsecured debt is currently rated "Baa1" by Moody's Investors Service, Inc. (Moody's), "A-" by S&P Global Ratings (S&P), and "A-" by Fitch Ratings, Inc. (Fitch).

CEI's principal subsidiary is Consolidated Edison Company of New York, Inc. (CECONY), which is the nation's largest T&D utility. CEI also owns subsidiaries that are engaged in non-utility transmission and clean energy businesses. In terms of scale, Orange and Rockland is far smaller than CECONY, and because of this it accesses the capital markets via private placements rather than through public offerings like CECONY. Including its New Jersey operations, Orange and Rockland's combined electric and gas rate base of almost $1.5 billion is only about 1/18th the size of CECONY's $28.8 billion combined electric, gas and steam rate base.

Since CEI acquired the Company in 1999, both Orange and Rockland and CECONY have been able to maintain relatively strong investment grade debt ratings that have allowed them continuous access to the debt markets and to attain cost rates on its securities issuances that are reasonable, even during prior periods of market turbulence and financial distress. The two companies have been able to maintain strong debt ratings primarily because of CEI's conservative financial policies and because they are relatively low risk T&D utility companies operating in supportive regulatory environments that largely ensure their ability to recover costs on a timely basis. Unlike many utility holding companies, CEI has generally maintained only a modest exposure to riskier unregulated non-utility businesses. As of December 31, 2019, these riskier unregulated non-utility businesses only constituted approximately 6.9% of the consolidated entity's revenue.

With respect to rates, the Company's most recent rate case resulted in revenue requirement increases and was approved by the Commission on March 14, 2019./1

For the three-year electric and gas rate plans, the Company was authorized a return on equity (ROE) of 9.0% and a common equity ratio of 48.0%./2

Orange and Rockland's consolidated balance sheet and income statement for the year ending December 31, 2019, which incorporate the results of Rockland Electric Company, are included in Appendices A and B to this Order, respectively. These statements indicate that the Company ended 2019 with a 47.8% common equity ratio and that it earned an average ROE of about 9.5% for the year.

Based on our review of the Company's financial condition and its proposed four-year financing program, we do not anticipate that the authority for additional long-term debt granted in this Order will negatively impact the Company's debt ratings.

New Debt Program

In its filing, the Company forecasts a $165 million New Debt Program to address its traditional utility needs for the four-year period encompassing 2020 through 2023. The New Debt would be used to fund the portion of its $712 million construction program that is not projected to be funded through either internally generated funds or through additional common equity. In the same fashion as its previous issuances, Orange and Rockland expects to sell the New Debt through private placement on the basis of negotiations with underwriters. The Company asserts that this approach is the most cost effective for a relatively small utility. Orange and Rockland further states that private issuances afford it with sufficient flexibility in terms of offering size and timing.

The terms, conditions, and expenses associated with the proposed New Debt are expected to be competitive with those of other similarly situated investor-owned utilities with comparable debt ratings. To preserve Orange and Rockland's financial flexibility, we require that the terms and conditions of all issuances under this Order be no more restrictive than those of its existing securities, nor may any issuances under this Order include cross-default provisions.

Additionally, we require the Company to justify the terms of each financing as part of a compliance filing after each issuance is completed. Each filing shall include at a minimum, the following elements: (i) a complete term sheet on the transaction(s) and copies of the executed documents, including a schedule of all costs associated with each issuance; (ii) a comparative analysis of the terms and conditions of each issuance, including call provisions, relative to financings by similarly rated utilities; (iii) a schedule detailing the proposed deferral and amortization of all costs associated with each issuance; and, (iv) a letter by the Chief Financial Officer certifying that the terms were the best that could be obtained and are no more restrictive than the terms of any existing securities issued by the Company. Department of Public Service staff (Staff) will review the Company's filing for compliance with this Order. In the event Staff identifies concerns, those concerns may be addressed in Orange and Rockland's next rate proceeding. If warranted, the concerns may also be addressed through a subsequent order in this proceeding by which the Commission may revise the authority granted in this Order.

The complete text of the order is available at: (http://documents.dps.ny.gov/public/Common/ViewDoc.aspx?DocRefId={A96D9B7A-0A0B-4A5C-AB9C-F823CD227912})

* * *

1/ Case 17-M-0541, Orange and Rockland - Financing, Order Authorizing Issuance of Securities (issued December 15, 2017).

2/ Cases 18-E-0067 and 18-G-0068, Orange and Rockland - Rates, Order Adopting Terms of Joint Proposal and Establishing Electric and Gas Rate Plans (issued March 14, 2019).

Источник: https://energycentral.com/news/ny-psc-issues-order-involving-orange-and-rockland-utilities

Orange and Rockland Utilities in New York State

Orange & Rockland Utilities is an electricity & gas utility company in New York State based Pearl River, NY.


orange rockland logo

Service Map

Contact Orange & Rockland

Orange & Rockland Utilities is headquartered at:
One Blue Hill Plaza, Pearl River, NY 10965

You can reach Orange & Rockland Utilities on the following numbers:

  • For Customer Service: 1-877-434-4100, Monday – Friday, 8:00 a.m. – 7:00 p.m.(except holidays)
  • For Emergency Service:
    • Gas Emergencies: 1-800-533-LEAK (5325), 24/7
    • Electric Emergencies: 1-877-434-4100, 24/7

Payment by credit card over the phone at 1-866-462-9209 is possible 24/7.

Complete Orange & Rockland Contact Information

Understanding your Bill

For you to understand your Orange & Rockland bill, we have created page of detailed explanation of each part of your bill: Understanding your Bill.

Rates & Tariffs

For more information about rates and tariffs with Orange & Rockland, please click here: Rates & Tariffs.

Electric Supply Prices

For historical values of electricity supply prices. You will find here 2014 values for the price of the electricity supply. The Orange & Rockland electricity supply prices are divided per region, so we have showed average prices over the whole territory and prices which are specific to each territory. You will find which territory you are with a table listing the cities in each territory.

Budget Billing

Budget Billing is a method for the customers to spread out their bill equally over the year, in order to avoid irregular monthly bills, mostly caused by market and seasonal variations. To sign up, and for additional information, please visit our Orange & Rockland Budget Billing page.

Scope of Activity

Transmission & Distribution of Electricity

  • Transmission: 557 Miles of Electric Lines
  • Distribution:
    • Overhead Lines: 3,828 Miles
    • Underground Lines: 1,827 Miles

Tranmission & Distribution of Gas

  • 2,014 miles of Gas Pipeline

Proportion of renewables: Changes each year based on energy prices
Alternate suppliers of the company: Over 70. Find out more about alternative suppliers.

Area: 1,350 square-miles in New York, New Jersey, & Pennsylvania
Electric Customers: 226,449 in New York State (300,000 total in NY, NJ, & PA)
Gas Customers: 131,461 in New York State (132,663 total in NY, NJ, & PA)
Peak Demand:

  • Electricity: 1,617 Megawatts (August 2 2006)
  • Gas: 206,168 Dekatherms (January, 15 2004)

Number of Employees: 1,105
Operating Revenue: $855 Million in 2011

History

Orange & Rockland Utilities formed as Rockland Light & Power Co. in a conglomeration of small local companies in 1899 Nyack, New York. In 1912 the mergers continued, and by 1926 Rockland Light & Power had acquired the large nearby Orange County Public Service utilities company. Finally, in 1958 Rockland Light & Power Co. consolidated with Orange and Rockland Electric Company, and became the company it is today. Since 1999, Orange & Rockland Utilities is a subsidiary of ConEdison.

Orange and Rockland Utilities has its own subsidiaries, too. They include:

  • Rockland Electric Company, serving:
    • Bergen County, NJ
    • Passaic County, NJ
    • Sussex County, NJ
  • Pike County Light & Power Company, serving:

Orange and Rockland Utilities is a power distribution company in USA. The registered office is located in :

One Blue Hill Plaza
10965 Pearl River

Opening hours: Monday – Friday, 8:00 a.m. – 7:00 p.m.(except holidays)

Activate your account with Orange and Rockland Utilities

You are moving and wish to activate your account with Orange and Rockland Utilities? It’s simple. Call Orange and Rockland Utilities by dialing and give :

  • Your exact address (apt. no., street no., street name, city/town, zipcode).
  • Your name.
  • Date of required activation.

Speak with a customer service agent

Do you have a question related to a commercial issue? Call the Orange and Rockland Utilities customer service by dialing . They can help you with questions such as you bill, rates, or the terms of your contract.

Phone number: 1-877-434-4100 / 1-866-462-9209

Emergency phone: 877-434-4100

Pay your bill

When you activate your line and create an account in your name, Orange and Rockland Utilities may ask you to pay your bills by several options:

  • By automatic account transfer.
  • Check sent by mail.
  • Credit or debit card by telephone.
  • Cash or card at an authorized payment office.
Источник: https://callmepower.com/ny/utility/orange-rockland

Orange and Rockland Utilities Inc.

Is this your business? Customize this page.Claim this business
General Info
Orange and Rockland Utilities maintains more than 4,000 miles of overhead electric distribution lines, 600 miles of electric transmission lines and 1,800 miles of gas main. The company s two utility subsidiaries, Rockland Electric Company and Pike County Light & Power, serve a population of more than 700,000 people in seven counties in New York, northern New Jersey and northeastern Pennsylvania. Orange and Rockland Utilities was founded in 1899 as Rockland Light & Power when S.R. Bradley combined a number of local gas and electric companies in Nyack, N.Y. The company was acquired by Consolidated Edison in 1999. Headquartered in Pearl River, N.Y., Orange and Rockland Utilities employs more than 1,000 people.
Hours
Do you know the hours for this business?
Payment method
all major credit cards, amex, mastercard, debit, discover, visa
AKA

Orange & Rockland Utilities

Orange & Rockland (O&R)

Orange & Rockland Utilities, Inc

Other Link

http://www.oru.com/index.html

Other Emails

Email Business

Email Business

Email Business

Email Business

Categories
Electric Companies, Gas Companies, Utility Companies

Gallery

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Источник: https://www.yellowpages.com/spring-valley-ny/mip/orange-and-rockland-utilities-inc-462680710

Orange & Rockland FAQ

Question linkHow do I sign up for Smart Savers?
  • Confirm your eligibility for the Smart Savers program with these three questions:
    1. Are you an Orange & Rockland residential or commercial customer in either New York or New Jersey?
    2. Do you use your thermostat to control your central air conditioning?
    3. Will you allow Orange & Rockland to make short, low impact thermostat adjustments on high energy usage days?
  • If you confirm these three questions, please choose whether you have an internet-connected thermostat to enroll in Smart Savers or if you would like to purchase an existing thermostat.
  • If you have an existing thermostat, please select your thermostat among the eligible models. If you don’t have an existing eligible thermostat, please choose a model, purchase and install it. Once you have installed and activated, come back to enroll your new thermostat in Smart Savers.
  • Click the Enroll Now button to go to your thermostat’s enrollment site, where you’ll follow a series of simple steps to enroll.
  • Once your eligibility is confirmed by Orange & Rockland, you will be enrolled in the program. You will receive notification on your eligibility status in your email.
Enroll Now
Question linkHow do I receive the $85 enrollment incentive?

You will receive a check for $85 per thermostat you’ve enrolled within six to eight weeks of being accepted into the program. If you have purchased your thermostat through the myORU store and have enrolled in the Smart Savers program, you will receive your $85 either at the point of sale or via check depending on the model of thermostat you select.

Question linkHow do I receive the $25 seasonal incentive?

For every additional year you stay enrolled and participate in at least 80% of event hours, you will receive a check for $25 per thermostat after the end of the summer season. This incentive begins after the second summer of enrollment.

Question linkWill participating in the program negatively impact my home’s comfort?

Participating in the program allows Orange & Rockland to make brief, limited adjustments to your home’s thermostat during periods of peak electric demand. These adjustments will only affect the temperature of your home by a few degrees, with minimal impact on comfort, and will occur on non-holiday weekdays and weekends. You can easily opt out of an event at any time, for any reason.

Question linkHow will I know if I’m eligible to enroll?

To be eligible to enroll, you must meet the following qualifications:

  • You are an Orange & Rockland residential or commercial customer in either New York or New Jersey.
  • You use your thermostat to control your central air conditioning.
  • You have (or will purchase) a qualifying internet-connected thermostat.
Enroll Now
Question linkWhich thermostats qualify for the program?

Below is the current list of qualifying thermostats.

ProviderApproved Thermostats
Alarm.comRadio Thermostat CT30, CT80, CT100; Trane ComfortLink Control; RCS Z-Wave Communicating Thermostat; GoControl Z-wave Thermostat; Alarm.com Smart Thermostat; 2GIG Z-Wave Plus™ Battery Powered Thermostat; Trane Z-Wave Thermostat; Linear Thermostat
ecobeeecobee3, ecobee3 Lite, ecobee4, ecobee Smart, ecobee SmartThermostat with voice control
EmersonSensi™ Wi-Fi Programmable Thermostat, Sensi Touch Wi-Fi Thermostat
Honeywell HomeWi-Fi Smart Color Thermostat, Wi-Fi 7-Day Programmable Thermostat, Wi-Fi 9000 7-Day Programmable Thermostat, 9000 Smart Thermostat, 7-Day Programmable Smart Thermostat, VisionPro 8000 Smart Thermostat, Round Smart Thermostat, T5+ Smart Thermostat, T6 Pro Smart Thermostat, T9 Smart Thermostat, T10 Smart Thermostat
LuxLUX/GEO, LUX KONO
Google NestGoogle Nest Thermostat, Google Nest Learning Thermostat, Google Nest Thermostat E
Radio ThermostatFiltrete 3M-50, CT30, CT50, CT80
VivintRadio Thermostat CT100 with Vivint Go!Control Panel
Question linkWhere can I find the Terms & Conditions for this program?

You can find the program terms and conditions for all thermostat providers below:

Question linkAm I allowed to opt out of demand response events?

Yes. At any time during an event, you can opt out from your thermostat, mobile device, or web app.

Question linkDoes opting out of the pre-cool opt me out of the demand response event?

For the majority of devices, when you opt out of the pre-cool, you are also opting out of the demand response event. If you own an ecobee device, you must also opt out of the demand response event.

Question linkWhat if I have additional questions about the program?

You can reach out to oru@energyhub.com.

Источник: https://enrollmythermostat.com/faqs/orange-rockland-faq/

Full Notification

O&R’S PROVIDING FOOD, MEDICINE SPOILAGE REIMBURSEMENTS FOR STORM ISAIAS CUSTOMERS WHO LOST POWER FOR 2 DAYS OR MORE PEARL RIVER, NY August 8, 2020, 7:00 p.m. – O&R announced today that the company will reimburse customers for food and prescription medicine spoilage if they lost power for 48 consecutive hours or longer during Tropical Storm Isaias, which slammed the region Tuesday. O&R Vice President – Customer Service Christina Ho said, “Being without power, even during normal times, is a real hardship. It’s even more difficult now because of COVID-19. She added, “To help our customers impacted by the destructive forces of Tropical Storm Isaias, we have expanded our claims process for customers who lost power in the storm.” If you lost power for more than 48 consecutive hours as a result of the storm, please fill out a claims form at: https://www.oru.com/en/services-and-outages/claim-form to cover your costs for spoiled food, medication or perishable commercial merchandise. Residential customers may receive reimbursements for up to $235 with an itemized list, or up to $540 with an itemized list and proof of loss (with receipts, photos etc.). Commercial customers are eligible for up to $10,700 for losses of perishable merchandise spoiled due to lack of refrigeration (with receipts, photos, invoices, etc.). Requests for reimbursement must be filed on or before September 8, 2020. Remember, Tropical Storm Isaias claims forms are available at: https://www.oru.com/en/services-and-outages/claim-form or, if customers do not have computer access but wish to file a reimbursement form, they can obtain a form by calling O&R Customer Service at 1-877-434-4100 and they will send one to the customer

Address/Location
West Milford Office of Emergency Management
1480 Union Valley Rd
West Milford, NJ 07480

Contact
Emergency: 9-1-1
Non-emergencies: 973-728-2840

Источник: https://nixle.us/alert/8168904/

Orange And Rockland (O&R).

The Differences Between Orange & Rockland and Suppliers

The Orange and Rockland electric company is a utility, making them responsible for energy distribution in a specific region. Utilities manage power lines and respond to outages. If you live in O&R’s service area, they’re your contact for delivery issues.

Suppliers also known as Energy Supply Companies (ESCOs) provide the energy O&R and other utilities distribute. Your supplier determines your energy supply rate. In New York’s deregulated energy market, ESCO rates are always changing just like the stock market. Your supplier may have offered a low rate a year ago, but there be something better on the market today. Keeping up with the energy market can be valuable for your long term energy goals as a business.

Orange and Rockland provides a price to compare if you don’t pick a supplier. This price to compare changes frequently and can make it hard for customers to easily compare it to market rates. To review recent default supply charges from Orange & Rockland, click here.

Источник: https://energypricing.com/guide-to-new-york-energy/rockland-electric/

Full Notification

O&R’S PROVIDING FOOD, MEDICINE SPOILAGE REIMBURSEMENTS FOR STORM ISAIAS CUSTOMERS WHO LOST POWER FOR 2 DAYS OR MORE PEARL RIVER, NY August 8, 2020, 7:00 p.m. – O&R announced today that the company will reimburse customers for food and prescription indigo platinum mastercard online login spoilage if they lost power for 48 consecutive hours or longer during Tropical Storm Isaias, which slammed the region Tuesday. O&R Vice President – Customer Service Christina Ho said, “Being without power, even during normal times, is a real hardship. It’s even more difficult now because of COVID-19. She added, “To help our customers impacted by the destructive forces of Tropical Storm Isaias, we have expanded our claims process for customers who lost power in the storm.” If you lost power for more than 48 consecutive hours as a result of the storm, please fill out a claims form at: https://www.oru.com/en/services-and-outages/claim-form to cover your costs for spoiled food, medication or perishable commercial merchandise. Residential customers may receive reimbursements for up to $235 with an itemized list, or up to $540 with an itemized list and proof of loss (with receipts, photos etc.). Commercial customers are eligible for up to $10,700 for losses of perishable merchandise spoiled due to lack of refrigeration (with receipts, photos, invoices, etc.). Requests for reimbursement must be filed on or before September 8, 2020. Remember, Tropical Storm Isaias claims forms are available at: https://www.oru.com/en/services-and-outages/claim-form or, if customers do not have computer access but wish to file a reimbursement form, they can obtain a form by calling O&R Customer Service at 1-877-434-4100 and they will send one to the customer

Address/Location
West Milford Office of Emergency Management
1480 Union Valley Rd
West Milford, NJ 07480

Contact
Emergency: 9-1-1
Non-emergencies: 973-728-2840

Источник: https://nixle.us/alert/8168904/

Orange & Rockland Utilities Bill Payment: Everything You Need to Know

Orange and Rockland serve over 1,300 square miles, providing energy from Middletown to Pearl River, Orange County, and beyond. Orange and Rockland also handles customer service for electric companies such as Pike County Light & Power

All New Yorkers and New Jersey residents can choose who supplies their electricity. Orange and Rockland deliver your electricity but don’t necessarily have to supply it. While the delivery charges are fixed, you can choose other suppliers to provide better supply charges and plans.

The Public Service Commission in both states regulates the rates and tariffs. You can find the New York rates and tariffshere, and the New Jersey rates and tariffshere. If you don’t choose a supplier, you will get your energy supply at the Price to Compare. The Price to Compare is usually high, and you can use it to compare the rates offered by other suppliers.

Here’s a complete list of the energy service suppliers and their rates.

If you want to learn more about your Orange and Rockland bill and rates, you can gohere. Furthermore, the company lets you submit a meter reading if their meter reader missed it. You can learn how to do thathere.

Источник: https://joinarbor.com/utilities/orange-and-rockland

Orange and Rockland Utilities in New York State

Orange & Rockland Utilities is an electricity & gas utility company in New York State based Pearl River, NY.


orange rockland logo

Service Map

Contact Orange & Rockland

Orange & Rockland Utilities is headquartered at:
One Blue Hill Plaza, Pearl River, NY 10965

You can reach Orange & Rockland Utilities on the following numbers:

  • For Customer Service: 1-877-434-4100, Monday – Friday, 8:00 a.m. – 7:00 p.m.(except holidays)
  • For Emergency Service:
    • Gas Emergencies: 1-800-533-LEAK (5325), 24/7
    • Electric Emergencies: 1-877-434-4100, 24/7

Payment by credit card over the phone at 1-866-462-9209 is possible 24/7.

Complete Orange & Rockland Contact Information

Understanding your Bill

For you to understand your Orange & Rockland bill, we have created page of detailed explanation of each part of your bill: Understanding your Bill.

Rates & Tariffs

For more information about rates and tariffs with Orange & Rockland, please click here: Rates & Tariffs.

Electric Supply Prices

For historical values of electricity supply prices. You will find here 2014 values for the price of the electricity orange and rockland electric. The Orange & Rockland electricity supply prices are divided per region, so we have showed average prices over the whole territory and prices which are specific to each territory. You will find which territory you are with a table listing the cities in each territory.

Budget Billing

Budget Billing is a method for the customers to spread out their bill equally over the year, in order to avoid irregular monthly bills, mostly caused by market and seasonal variations. To sign up, and for additional information, please visit our Orange & Rockland Budget Billing page.

Scope of Activity

Transmission & Distribution of Electricity

  • Transmission: 557 Miles of Electric Lines
  • Distribution:
    • Overhead Lines: 3,828 Miles
    • Underground Lines: 1,827 Miles

Tranmission & Distribution of Gas

  • 2,014 miles of Gas Pipeline

Proportion of renewables: Changes each year based on energy prices
Alternate suppliers of the company: Over 70. Find out more about alternative suppliers.

Area: 1,350 square-miles in New York, New Jersey, & Pennsylvania
Electric Customers: 226,449 in New York State (300,000 total in NY, NJ, & PA)
Gas Customers: 131,461 in New York State (132,663 total in NY, NJ, & PA)
Peak Demand:

  • Electricity: 1,617 Megawatts (August 2 2006)
  • Gas: 206,168 Dekatherms (January, 15 2004)

Number of Employees: 1,105
Operating Revenue: $855 Million in high yield 6 month cd & Rockland Utilities formed as Rockland Light & Power Co. in a conglomeration of small local companies in 1899 Nyack, New York. In 1912 the mergers continued, and by 1926 Rockland Light & Power had acquired the large nearby Orange County Public Service utilities company. Finally, in 1958 Rockland Light & Power Co. consolidated with Orange and Rockland Electric Company, and became the company it is today. Since 1999, Orange & Rockland Utilities is a subsidiary of ConEdison.

Orange and Rockland Utilities has its own subsidiaries, too. They include:

  • Rockland Electric Company, serving:
    • Bergen County, NJ
    • Passaic County, NJ
    • Sussex County, NJ
  • Pike County Light & Power Company, serving:

Orange and Rockland Utilities is a power distribution company in USA. The registered office is located in :

One Blue Hill Plaza
10965 Pearl River

Opening hours: Monday – Friday, 8:00 a.m. – 7:00 p.m.(except holidays)

Activate your account with Orange and Rockland Utilities

You are moving and wish to activate your account with Orange and Rockland Utilities? It’s simple. Call Orange and Rockland Utilities by dialing and give :

  • Your exact address (apt. no., street no., street name, city/town, zipcode).
  • Your name.
  • Date of required activation.

Speak with a customer service agent

Do you have a question related to first national bank of jeanerette customer service commercial issue? Call the Orange and Rockland Utilities customer service by dialing. They can help you with questions such as you bill, rates, or the terms of your contract.

Phone number: 1-877-434-4100 / 1-866-462-9209

Emergency phone: 877-434-4100

Pay your bill

When you activate your line and create an account in your name, Orange and Rockland Utilities may ask you to pay your bills by several options:

  • By automatic account transfer.
  • Check sent by mail.
  • Credit or debit card by telephone.
  • Cash or card at an authorized payment office.
Источник: https://callmepower.com/ny/utility/orange-rockland

Orange and Rockland Utilities Inc.

Is this your business? Customize this page.Claim this business
General Info
Orange and Rockland Utilities maintains more than 4,000 miles of overhead electric distribution lines, 600 miles of electric transmission lines and 1,800 miles of gas main. The company s two utility subsidiaries, Rockland Electric Company and Pike County Light & Power, serve a population of more than 700,000 people in seven counties in New York, northern New Jersey and northeastern Pennsylvania. Orange and Rockland Utilities was founded in 1899 as Rockland Light & Power when S.R. Bradley combined a number of local gas and electric companies in Nyack, N.Y. The company was acquired by Consolidated Edison in 1999. Headquartered in Pearl River, N.Y., Orange and Rockland Utilities employs more than 1,000 people.
Hours
Do you know the hours for this business?
Payment method
all major credit cards, amex, mastercard, debit, discover, visa
AKA

Orange & Rockland Utilities

Orange & Rockland (O&R)

Orange & Rockland Utilities, Inc

Other Link

http://www.oru.com/index.html

Other Emails

Email Business

Email Business

Email Business

Email Business

Categories
Electric Companies, Gas Companies, Utility Companies

Gallery

Be the first to add a photo!

Add a Photo

Reviews

Источник: https://www.yellowpages.com/spring-valley-ny/mip/orange-and-rockland-utilities-inc-462680710

N.Y. PSC Issues Order Involving Orange and Rockland Utilities

ALBANY, New York, April 24 -- The New York State Public Service Commission issued local food banks near me to donate following order (Case No. 19-M-0779) involving Orange and Rockland Utilities: Petition of Orange and Rockland Utilities, Inc. under Section 69 of the Public Service Law to Issue Securities Having a Maturity of More Than One Year.

ORDER AUTHORIZING ISSUANCE OF SECURITIES

BY THE COMMISSION:

INTRODUCTION

By petition dated December 23, 2019, Orange and Rockland Utilities, Inc. (Orange and Rockland or the Company) requests authority under Sec.69 of the Public Service Law (PSL) for the period up to and including December 31, 2023: 1) to issue up to $165 million of unsecured debt obligations for traditional utility purposes, primarily to fund the capital expenditures of its New York operations (New Debt); 2) to enter into, or renew, one or more Revolving Credit Agreements not to exceed $200 million; and 3) to issue unsecured debt obligations in an amount equal to $125 million plus the costs of refunding, including any premium, for the purpose of opportunistically refunding up orange and rockland electric $125 million of its existing outstanding debt obligations prior to their maturity (Refunding Debt).

In this Order, the Commission approves the Company's request to issue up to $165 million of New Debt which will enable it to fund, in part, approximately $712 million of its New York operations' construction expenditures during the next four years. During this timeframe Orange and Rockland is also permitted to enter into or continue one or more multi-year revolving credit agreements (RCAs) in amounts not to exceed $200 million. These agreements are needed to provide the Company with committed funding to meet its projected liquidity needs. Finally, Orange and Rockland is permitted to issue up to $150 million of Refunding Debt, provided it is economic to do so, subject to the conditions in this Order.

NOTICE OF PROPOSED RULE MAKING

Pursuant to the State Administrative Procedure Act (SAPA) Sec.202(1), a Notice of the Petition was published in the State Register on January 22, 2020. The time for submission of comments pursuant to the Notice expired on March 23, 2020. No comments were received.

LEGAL AUTHORITY

Pursuant to the Public Service Law (PSL) Sec.Sec.5, 66 (1) and 69, the Commission has the legal authority to review requests for the issuance of securities and forms of indebtedness, as well as modify, reject or approve such requests. As such, the Commission has the legal authority to review the Company's filing, as prescribed in this Order.

DISCUSSION

Profile/Financial Condition

Orange and Rockland is a regulated electric and gas transmission and distribution (T&D) utility owned by Consolidated Edison, Inc. (CEI). The Company serves approximately 300,000 electric and 100,000 gas customers located primarily in New York State's Orange and Rockland counties and in adjacent areas of northern New Jersey. Its New Jersey customers are served by its own subsidiary, Rockland Electric Company, which constitutes about 16% of its consolidated rate base. Orange and Rockland's unsecured debt is currently rated "Baa1" by Moody's Investors Service, Inc. (Moody's), "A-" by S&P Global Ratings (S&P), and "A-" by Fitch Ratings, Inc. (Fitch).

CEI's principal subsidiary is Consolidated Edison Company of New York, Inc. (CECONY), which is the nation's largest T&D utility. CEI also owns subsidiaries that are engaged in non-utility transmission and clean energy businesses. In terms of scale, Orange and Rockland is far smaller than CECONY, and because of this it accesses the capital markets via private placements rather than through public offerings like CECONY. Including its New Jersey operations, Orange and Rockland's orange and rockland electric electric and gas rate base of almost $1.5 billion is only about 1/18th the size of CECONY's $28.8 billion combined electric, gas and steam rate base.

Since CEI acquired the Company in 1999, both Orange and Rockland and CECONY have been able to maintain relatively strong investment grade debt ratings that have allowed them continuous access to the debt markets and to attain cost rates on its securities issuances that are reasonable, even during prior periods of market turbulence and financial distress. The two companies have been able to maintain strong debt ratings primarily because of CEI's conservative financial policies and because they are relatively low risk T&D utility companies operating in supportive regulatory environments that largely ensure their ability to recover costs on a timely basis. Unlike many utility holding companies, CEI has generally maintained only a modest exposure to riskier unregulated non-utility businesses. As of December 31, 2019, these riskier unregulated non-utility businesses only constituted approximately 6.9% of orange and rockland electric consolidated entity's revenue.

With respect to rates, the Company's most recent rate case resulted in revenue requirement increases and was approved by the Commission on March 14, 2019./1

For the three-year electric and gas rate plans, the Company was authorized a return on equity (ROE) of 9.0% and a common equity ratio of 48.0%./2

Orange and Rockland's consolidated balance sheet and income statement for the year ending December 31, 2019, which incorporate the results of Rockland Electric Company, are included in Appendices A and B to this Order, respectively. These statements indicate that the Company ended 2019 with a 47.8% common equity ratio and that it earned an average ROE of about 9.5% for the year.

Based on our review of the Company's financial condition and its proposed four-year orange and rockland electric program, we do not anticipate that the authority for additional long-term debt granted in this Order will negatively impact the Company's debt ratings.

New Debt Program

In its filing, the Company forecasts a $165 million New Debt Program to address its traditional utility needs for the four-year period encompassing 2020 through 2023. The New Debt would be used to fund the portion of its $712 million construction program that is not projected to be td us atm near me through either internally generated funds or through additional common equity. In the same fashion as its previous issuances, Orange and Rockland expects to sell the New Debt through private placement on the basis of negotiations with underwriters. The Company asserts that this approach is the most cost effective for a best credit card to earn cash back small utility. Orange and Rockland further states that private issuances afford it with sufficient flexibility in terms of offering size and timing.

The terms, conditions, and expenses associated with the proposed New Debt are expected to be competitive with those of other similarly situated investor-owned utilities with comparable debt ratings. To preserve Orange and Rockland's financial flexibility, we require that the terms and conditions of all issuances under this Order be no more restrictive than those of orange and rockland electric existing securities, nor may any issuances under this Order include cross-default provisions.

Additionally, we require the Company to justify the terms of each financing as part of a compliance filing after each issuance is completed. Each filing shall include at a minimum, the following elements: (i) a complete term sheet orange and rockland electric the orange and rockland electric and copies of the executed documents, including a schedule of all costs associated with each issuance; (ii) a comparative analysis of the terms and conditions of each issuance, including call provisions, relative to financings by similarly rated utilities; (iii) a schedule detailing the proposed deferral and amortization of all costs associated with each issuance; and, (iv) a letter by the Chief Financial Officer certifying that the terms were the best that could be obtained and are no more restrictive than the terms of any existing securities issued by the Company. Department of Public Service staff (Staff) will review the Company's filing for compliance with this Order. In the event Staff identifies concerns, those concerns may be addressed in Orange and Rockland's next rate proceeding. If warranted, the concerns may also be addressed through a subsequent order in this proceeding by which the Commission may revise the authority granted in this Order.

The complete text of the order is available at: (http://documents.dps.ny.gov/public/Common/ViewDoc.aspx?DocRefId={A96D9B7A-0A0B-4A5C-AB9C-F823CD227912})

* * *

1/ Case 17-M-0541, Orange and Rockland - Financing, Order Authorizing Issuance of Securities (issued December 15, 2017).

2/ Cases 18-E-0067 and 18-G-0068, Orange and Rockland - Rates, Order Adopting Terms of Joint Proposal and Establishing Electric and Gas Rate Plans (issued March 14, 2019).

Источник: https://energycentral.com/news/ny-psc-issues-order-involving-orange-and-rockland-utilities

Orange And Rockland (O&R).

The Differences Between Orange & Atoz amazon work login and Suppliers

The Orange and Rockland electric company is a utility, making them responsible for energy distribution in a specific region. Utilities manage power lines and respond to outages. If you live in O&R’s service area, they’re your contact for delivery issues.

Suppliers also known as Energy Supply Companies (ESCOs) provide the energy O&R and other utilities distribute. Your supplier determines your energy supply rate. In New York’s deregulated energy market, ESCO rates are always changing just like the stock market. Your supplier may have offered a low rate a year ago, but there be something better on the market today. Keeping up with the energy market can be valuable for your long term energy goals as a business.

Orange and Rockland provides a price to compare if you don’t pick a supplier. This price to compare changes frequently and can make it hard for customers to easily compare it to market rates. To review recent default supply charges from Orange & Rockland, click here.

Источник: https://energypricing.com/guide-to-new-york-energy/rockland-electric/

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