2025-08-07T16:39:52-04:00 2024-12-31 043584386 PAUL L MANCINONE CO PC 1441 MAIN STREET SUITE 220 SPRINGFIELD MA 01103 990 2024-01-01 274343680 NEW ENGLAND STATES COMMITTEE ON ELECTRICITY INC NEWE 2036107153 PO BOX 322 OSTERVILLE MA 02655 HEATHER HUNT EXECUTIVE DIRECTOR 2036107153 2025-08-07 true false PAUL L MANCINONE P00295448 4133018201 2025-08-07 2024 2025-03-06 01:10:19Z NESCOE INC HEATHER HUNT PO BOX 322 OSTERVILLE MA 02655 1815597 false X WWW.NESCOE.COM X 2010 CT NESCOE IS RECOGNIZED BY THE FEDERAL ENERGY REGULATORY COMMISSION AS NEW ENGLAND'S REGIONAL STATE COMMITTEE. NESCOE'S MISSION IS TO REPRESENT THE INTERESTS OF THE CITIZENS OF THE REGION BY ADVANCING POLICIES DESIGNED TO PROVIDE ELECTRICITY AT THE LOWEST POSSIBLE PRICE OVER THE LONG TERM, CONSISTENT WITH MAINTAINING RELIABLE SERVICE AND ENVIRONMENTAL QUALITY. NESCOE SEEKS TO ACCOMPLISH ITS OBJECTIVES IN THE CONTEXT OF A COMPETITIVE WHOLESALE ELECTRICITY MARKET, AND IT STRIVES TO ADVANCE ITS MISSION THROUGH COLLABORATIVE WORK WITH ISO-NE, THE NEW ENGLAND POWER POOL, AND OTHER REGIONAL STAKEHOLDERS. 6 6 5 0 1496613 1762871 0 26408 52726 0 1523021 1815597 0 0 1074567 1124331 0 0 415502 568077 1490069 1692408 32952 123189 2087359 2257705 118097 165254 1969262 2092451 X NESCOE'S MISSION IS TO REPRESENT THE INTERESTS OF THE CITIZENS OF THE NEW ENGLAND REGION BY ADVANCING POLICIES THAT WILL PROVIDE ELECTRICITY AT THE LOWEST POSSIBLE PRICE OVER THE LONG TERM, CONSISTENT WITH MAINTAINING RELIABLE SERVICE AND ENVIRONMENTAL QUALITY. THROUGH COLLABORATION WITH STAKEHOLDERS AND PRESENTATION OF NESCOE'S VIEWS, IT ADVANCES POLICIES WHICH SEEK TO FACILITATE THE EFFICIENT DEVELOPMENT POWER GENERATION, DEMAND MANAGEMENT AND TRANSMISSION RESOURCES TO RELIABLY SERVE N.E. CUSTOMERS. false false 1663207 THROUGHOUT 2024, NESCOE REPRESENTED THE COLLECTIVE VIEWS OF THE NEW ENGLAND STATES, AND REGULARLY PLAYED AN IMPORTANT ROLE IN SUBSTANTIVE NEW ENGLAND REGIONAL STAKEHOLDER FORUMS. THIS INCLUDED NESCOE'S REGULAR PARTICIPATION IN NEW ENGLAND POWER POOL'S PARTICIPANTS, RELIABILITY, TRANSMISSION, AND MARKETS COMMITTEE MEETINGS. NESCOE ALSO OFFERED PROPOSALS IN CONNECTION WITH PLANNING AND MARKET RULE CHANGES TO ADVANCE CONSUMER INTERESTS AND STATES' SHARED ENERGY OBJECTIVES. ADDITIONALLY, NESCOE PARTICIPATED IN ISO NEW ENGLAND'S PLANNING ADVISORY COMMITTEE AND POWER SUPPLY PLANNING COMMITTEE. NESCOE ALSO MONITORED VARIOUS WORKING GROUPS. IN 2024, NESCOE PARTICIPATED IN ISO NEW ENGLAND FORUMS AND FEDERAL JURISDICTIONAL MATTERS CONCERNING RESOURCE ADEQUACY AND SYSTEM PLANNING- RELATED ISSUES WITH SIGNIFICANT IMPLICATIONS FOR NEW ENGLAND CONSUMERS. IN 2024, NESCOE WAS ACTIVE IN VARIOUS TRANSMISSION-RELATED MATTERS. FOR EXAMPLE, NESCOE WAS ACTIVE IN DEVELOPING, TOGETHER WITH ISO-NE AND STAKEHOLDERS, A STATE-DRIVEN, ISO-NE STUDY-BASED SOLUTIONS PROCESS. THIS PROCESS (1) ALLOWS ISO-NE AND NESCOE, WITH STAKEHOLDER INPUT, TO CHOOSE WHICH TRANSMISSION SYSTEM CONCERNS TO ADDRESS THROUGH A COMPETITIVE SOLICITATION AND (2) INCLUDES A METHODOLOGY TO SELECT A PROJECT AND ALLOCATE COSTS BASED ON A COMPREHENSIVE EVALUATION OF PROJECT COSTS AND BENEFITS. SUBSEQUENTLY, IN LATE 2024, NESCOE ADVANCED ITS FIRST SOLICITATION REQUEST TO ISO-NE TO MEET THE LONG-STANDING NEED TO STRENGTHEN THE CONNECTION BETWEEN NORTHERN AND SOUTHERN NEW ENGLAND AND TO FACILITATE THE DELIVERABILITY OF LOWER-COST GENERATION LOCATED IN MAINE. IN 2024, NESCOE SPENT CONSIDERABLE TIME WORKING TO IMPROVE THE TRANSPARENCY AROUND AND OVERSIGHT OF ASSET CONDITION SPENDING. CONCURRENTLY, NESCOE ACTIVELY ENGAGED IN THE EVALUATION OF PROPOSED ASSET CONDITION PROJECTS PRESENTED TO THE PLANNING ADVISORY COMMITTEE. IN 2024, TO PROMOTE ADDITIONAL TRANSPARENCY IN ELECTRICITY RATES AND TO PROTECT CONSUMERS, NESCOE CONDUCTED AN INVESTIGATION INTO THE TRANSMISSION OWNERS' REGIONAL NETWORK SERVICE RATE ANNUAL UPDATE FILING. FOLLOWING ITS INVESTIGATION, NESCOE MADE SEVERAL INFORMAL CHALLENGES UNDER THE REGION'S FORMULA RATE PROTOCOLS, MANY OF WHICH RESULTED IN SAVINGS TO CONSUMERS. IN 2024, NESCOE PRODUCED A DATA CENTER PRIMER TO REVIEW THE OPPORTUNITIES AND CHALLENGES OF DATA CENTER DEVELOPMENT AT A VERY HIGH LEVEL. AS IN PAST YEARS, IN 2024, NESCOE DEDICATED TIME TO ADVOCATING FOR NEW ENGLAND CONSUMER INTERESTS IN CONNECTION WITH A UNIQUE COST-OF-SERVICE CONTRACT FOR TWO RETIRING GENERATING UNITS LOCATED JUST OUTSIDE OF BOSTON. THROUGHOUT 2024, NESCOE ACTIVELY ENGAGED WITH OTHER INTERVENORS UNDER THE PROTOCOLS FOR THE REMAINING YEAR OF THE CONTRACT. THIS INCLUDED A FINAL GLOBAL SETTLEMENT THAT WAS FILED WITH FERC IN LATE 2024, INCLUDED ADDITIONAL REDUCTIONS TO THE REVENUE REQUIREMENT BEYOND THOSE PREVIOUSLY NEGOTIATED. THROUGHOUT 2024, NESCOE ENGAGED IN A SERIES OF ONGOING MARKET DEVELOPMENT MATTERS, INCLUDING FUNDAMENTAL CAPACITY MARKET REFORMS. 1663207 false true false false false false false false false true false false false false false true false false false false false false false false false false false false true false false false false false false false false false false false false false false false false true 6 0 5 true false false false false false false false false X 6 6 false false false false false true false true true true false false true true true true true false false false X HEATHER HUNT 2036107153 PO BOX 322 OSTERVILLE MA 02655 X KATIE DYKES CONNECTICUT MANAGER 2.00 X 0 0 0 PHILLIP BARTLETT II MAINE MANAGER 2.00 X 0 0 0 JASON MARSHALL MASSACHUSETTS MANAGER 2.00 X 0 0 0 JARED CHICOINE NEW HAMPSHIRE MANAGER 2.00 X 0 0 0 DANIEL PHELAN NEW HAMPSHIRE MANAGER 2.00 X 0 0 0 JUNE TIERNEY VERMONT MANAGER 2.00 X 0 0 0 TJ POOR VERMONT MANAGER 2.00 X 0 0 0 RONALD GERWATOWSKI RHODE ISLAND MANAGER 2.00 X 0 0 0 CHRISTOPHER KEARNS RHODE ISLAND MANAGER 2.00 X 0 0 0 HEATHER HUNT EXECUTIVE DI 40.00 X 237604 0 16650 SHANNON BEALE EMPLOYEE 40.00 X 162240 0 6490 JEFFREY BENTZ EMPLOYEE 40.00 X 196233 0 7849 SHEILA KEANE EMPLOYEE 40.00 X 170225 0 26404 NATHAN FORSTER EMPLOYEE 40.00 X 192400 0 7696 958702 65089 5 false true false GDS ASSOCIATES INC 1850 PARKWAY PLACE SUITE 800 MARIETTA GA 30067 TECH CONSULTING 124349 1 1762871 1762871 52726 52726 1815597 52726 237604 237604 721098 721098 40413 40413 57152 57152 68064 68064 20165 20165 7381 7381 5713 5713 1655 1655 1966 1966 37442 37442 425 425 5670 5670 7544 7544 TECHNICAL CONSULTING 360521 360521 LEGAL (FERC) SERVICES 95434 95434 DUES AND SUBSCRIPTIONS 15715 15715 TELEPHONE & COMMUNICATION 8446 8446 1692408 1663207 29201 0 168440 102000 1685829 1876827 222163 273621 54386 49129 10927 5257 2087359 2257705 118097 165254 118097 165254 X 1969262 2092451 1969262 2092451 2087359 2257705 123189 X false true false false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 54386 49129 5257 5257 1815597 1815597 1815597 1692408 1692408 1692408 false false false false false false false false false HEATHER HUNT EXECUTIVE DIRECTOR 237604 16650 254254 SHANNON BEALE EMPLOYEE 162240 6490 168730 JEFFREY BENTZ EMPLOYEE 196233 7849 204082 SHEILA KEANE EMPLOYEE 170225 26404 196629 NATHAN FORSTER EMPLOYEE 192400 7696 200096 FORM 990 - ORGANIZATION'S MISSION NESCOE'S MISSION IS TO REPRESENT THE INTERESTS OF THE CITIZENS OF THE NEW ENGLAND REGION BY ADVANCING POLICIES THAT WILL PROVIDE ELECTRICITY AT THE LOWEST POSSIBLE PRICE OVER THE LONG TERM, CONSISTENT WITH MAINTAINING RELIABLE SERVICE AND ENVIRONMENTAL QUALITY. THROUGH COLLABORATION WITH STAKEHOLDERS AND PRESENTATION OF NESCOE'S VIEWS, IT ADVANCES POLICIES WHICH SEEK TO FACILITATE THE EFFICIENT DEVELOPMENT POWER GENERATION, DEMAND MANAGEMENT AND TRANSMISSION RESOURCES TO RELIABLY SERVE N.E. CUSTOMERS. FORM 990, PAGE 2, PART III, LINE 4A THROUGHOUT 2024, NESCOE REPRESENTED THE COLLECTIVE VIEWS OF THE NEW ENGLAND STATES, AND REGULARLY PLAYED AN IMPORTANT ROLE IN SUBSTANTIVE NEW ENGLAND REGIONAL STAKEHOLDER FORUMS. THIS INCLUDED NESCOE'S REGULAR PARTICIPATION IN NEW ENGLAND POWER POOL'S PARTICIPANTS, RELIABILITY, TRANSMISSION, AND MARKETS COMMITTEE MEETINGS. NESCOE ALSO OFFERED PROPOSALS IN CONNECTION WITH PLANNING AND MARKET RULE CHANGES TO ADVANCE CONSUMER INTERESTS AND STATES' SHARED ENERGY OBJECTIVES. ADDITIONALLY, NESCOE PARTICIPATED IN ISO NEW ENGLAND'S PLANNING ADVISORY COMMITTEE AND POWER SUPPLY PLANNING COMMITTEE. NESCOE ALSO MONITORED VARIOUS WORKING GROUPS. IN 2024, NESCOE PARTICIPATED IN ISO NEW ENGLAND FORUMS AND FEDERAL JURISDICTIONAL MATTERS CONCERNING RESOURCE ADEQUACY AND SYSTEM PLANNING- RELATED ISSUES WITH SIGNIFICANT IMPLICATIONS FOR NEW ENGLAND CONSUMERS. IN 2024, NESCOE WAS ACTIVE IN VARIOUS TRANSMISSION-RELATED MATTERS. FOR EXAMPLE, NESCOE WAS ACTIVE IN DEVELOPING, TOGETHER WITH ISO-NE AND STAKEHOLDERS, A STATE-DRIVEN, ISO-NE STUDY-BASED SOLUTIONS PROCESS. THIS PROCESS (1) ALLOWS ISO-NE AND NESCOE, WITH STAKEHOLDER INPUT, TO CHOOSE WHICH TRANSMISSION SYSTEM CONCERNS TO ADDRESS THROUGH A COMPETITIVE SOLICITATION AND (2) INCLUDES A METHODOLOGY TO SELECT A PROJECT AND ALLOCATE COSTS BASED ON A COMPREHENSIVE EVALUATION OF PROJECT COSTS AND BENEFITS. SUBSEQUENTLY, IN LATE 2024, NESCOE ADVANCED ITS FIRST SOLICITATION REQUEST TO ISO-NE TO MEET THE LONG-STANDING NEED TO STRENGTHEN THE CONNECTION BETWEEN NORTHERN AND SOUTHERN NEW ENGLAND AND TO FACILITATE THE DELIVERABILITY OF LOWER-COST GENERATION LOCATED IN MAINE. IN 2024, NESCOE SPENT CONSIDERABLE TIME WORKING TO IMPROVE THE TRANSPARENCY AROUND AND OVERSIGHT OF ASSET CONDITION SPENDING. CONCURRENTLY, NESCOE ACTIVELY ENGAGED IN THE EVALUATION OF PROPOSED ASSET CONDITION PROJECTS PRESENTED TO THE PLANNING ADVISORY COMMITTEE. IN 2024, TO PROMOTE ADDITIONAL TRANSPARENCY IN ELECTRICITY RATES AND TO PROTECT CONSUMERS, NESCOE CONDUCTED AN INVESTIGATION INTO THE TRANSMISSION OWNERS' REGIONAL NETWORK SERVICE RATE ANNUAL UPDATE FILING. FOLLOWING ITS INVESTIGATION, NESCOE MADE SEVERAL INFORMAL CHALLENGES UNDER THE REGION'S FORMULA RATE PROTOCOLS, MANY OF WHICH RESULTED IN SAVINGS TO CONSUMERS. IN 2024, NESCOE PRODUCED A DATA CENTER PRIMER TO REVIEW THE OPPORTUNITIES AND CHALLENGES OF DATA CENTER DEVELOPMENT AT A VERY HIGH LEVEL. AS IN PAST YEARS, IN 2024, NESCOE DEDICATED TIME TO ADVOCATING FOR NEW ENGLAND CONSUMER INTERESTS IN CONNECTION WITH A UNIQUE COST-OF-SERVICE CONTRACT FOR TWO RETIRING GENERATING UNITS LOCATED JUST OUTSIDE OF BOSTON. THROUGHOUT 2024, NESCOE ACTIVELY ENGAGED WITH OTHER INTERVENORS UNDER THE PROTOCOLS FOR THE REMAINING YEAR OF THE CONTRACT. THIS INCLUDED A FINAL GLOBAL SETTLEMENT THAT WAS FILED WITH FERC IN LATE 2024, INCLUDED ADDITIONAL REDUCTIONS TO THE REVENUE REQUIREMENT BEYOND THOSE PREVIOUSLY NEGOTIATED. THROUGHOUT 2024, NESCOE ENGAGED IN A SERIES OF ONGOING MARKET DEVELOPMENT MATTERS, INCLUDING FUNDAMENTAL CAPACITY MARKET REFORMS. FORM 990, PAGE 6, PART VI, LINE 7A THE MANAGERS OF NESCOE, REPRESENTING EACH OF THE SIX NEW ENGLAND STATES, ARE EACH APPOINTED BY THEIR RESPECTIVE STATE GOVERNOR. FORM 990, PAGE 6, PART VI, LINE 9 SHANNON BEALE 19 WINSLOW ROAD NATICK, MA 01760 JEFFREY BENTZ 161 PLEASANT VIEW DRIVE SUFFIELD, CT 06078 SHEILA KEANE 1 MACKENZIE COURT ANDOVER, MA 01810 NATHAN FORSTER 9 RUBLEE STREET ARLINGTON, MA 02476 FORM 990, PAGE 6, PART VI, LINE 11B ALL MANAGERS ARE PROVIDED A DRAFT COPY OF FORM 990 FOR REVIEW AND COMMENT. UPON APPROVAL OR WITHOUT OBJECTION, THE RETURN IS ACCEPTED AS PREPARED AND FILED. FORM 990, PAGE 6, PART VI, LINE 12C EXECUTIVE DIRECTOR MONITORS FOR ANY CONFLICT OF INTERESTS. EXECUTIVE DIRECTOR REVIEWS AND APPROVES ALL EXPENDITURES, WITH NO ISSUES THAT WOULD GIVE RISE TO ANY INQUIRY OF POTENTIAL CONFLICT IN CONNECTION WITH MANAGERS OR KEY EMPLOYEES. NO DISCLOSURES WERE MADE BY MANAGERS OR KEY EMPLOYEES THAT REQUIRED SCRUTINY RELATIVE TO NESCOE FUNDS. FORM 990, PAGE 6, PART VI, LINE 19 NESCOE HAS ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC, UPON REQUEST. FORM 990, PART VII JASON MARSHALL, AN EMPLOYEE OF NESCOE, RESIGNED IN EARLY 2023 TO TAKE A NEW POSITION AS DEPUTY SECRETARY AND SPECIAL COUNSEL AT MASSACHUSETTS EXECUTIVE OFFICE OF ENERGY AND ENVIRONMENTAL AFFAIRS. SUBSEQUENTLY, MR. MARSHALL WAS SELECTED BY THE GOVERNOR OF MASSACHUSETTS TO BE A MANAGER REPRESENTING THE COMMONWEALTH OF MASSACHUSETTS OF NESCOE (HIS PREDECESSOR SERVED UNTIL REPLACED BY MR. MARSHALL). AS SUCH, MR. MARSHALL WAS BOTH AN EMPLOYEE AND A MANAGER DURING 2023, BUT MR. MARSHALL DID NOT SERVE IN BOTH POSITIONS AT THE SAME TIME.