In the Northeast Markets

What market-based decarbonization programs are New England

The retail energy space has transformed quite a bit in the Northeast. State legislatures and environmental activists have raised the salience of carbon reduction, and the conversation has generally disadvantaged traditional energy sources in favor of electrification.

Market-based decarbonization legislation presents challenges to fuel providers in the Northeast, but preparing for their potential implementation — and having an advocate for your industry — can minimize your obligations and potentially boost your revenue in the new marketplace.

DES is the most trusted advisor for Clean Heat Standards

Since 2022, Massachusetts has been attempting to implement a Clean Heat Standard (CHS) in the Commonwealth. This is a policy that aims to reduce emissions from home heating by placing financial obligations on stakeholders that deliver carbon-emitting energy sources. Participation would be mandatory: companies must either generate clean-heat credits — such as by blending biodiesel — or purchase them from others. Credits may also come from actions like installing heat pumps or improving home weatherization. A Massachusetts CHS would be likely to reverberate through other states in the region. We’ve seen other states in the Northeast, including Vermont and Connecticut, considering comparable programs, though they have not proceeded as far as Massachusetts has.

Just as DES is the most knowledgeable, forward-looking and profit-generating aggregator of the Alternative Energy Portfolio Standard (APS), we are also the primary authority on Clean Heat Standards and a range of other decarbonization programs. We are the only retail energy consultant with insights and strategies specifically geared toward your success in a shifting marketplace. DES has the tools to put you in an advantageous position for the regulatory environment to come and can help you make sense of new reporting or operational requirements.

Advocates for traditional energy sources in the renewable conversation

Across the Northeast, DES President Joe Uglietto has testified to legislatures about Clean Heat Standards and other market-based decarbonization programs. We speak up for the environmental benefits of biofuel and argue for them to be scored in such a way that they lower companies’ obligations and even generate revenue in decarbonization programs.

Diversified Energy Specialists is here to answer any questions you have about changing regulations in the Northeast. We will keep you informed and enable you to develop an action plan tailored to your specific business, with milestones that put you in a prime position for whatever the “new normal” becomes.

Let’s start our conversation today. Get in touch with Diversified Energy Specialists for a consultation.

Hear what our clients have to say about us

“I can’t say enough good things about Joe Uglietto and the work that Diversified Energy Specialists has done for us. Joe took care of everything for us at the outset of the APS program. He got us registered, he did the paperwork. He made the process seamless. Best part is, his strategy delivered higher value for my energy credits than I expected, and the returns have been strong each and every year. There’s no one better to help you get the most out of energy credit programs like the APS.”

— Mike Lamparelli, Owner, Frank Lamparelli