Just Energy reported customer growth for the three months ended March 31, 2013 in line with growth experienced during the three months ended December 31, 2012, but reported lower margins for the fiscal year ended March 31, 2013.
Texas Legal Services Center and Texas Ratepayers' Organization to Save Energy have raised concern regarding a Texas strawman rule to revise the Provider of Last Resort mechanism to allow a non-volunteer POLR (LSP) to delegate its LSP obligations to a REP-certificated affiliate of the LSP.
Pennsylvania did not repeat the shocking week-ago decline in aggregate residential shopping, but still recorded one of its lowest levels of residential shopping growth and is still seeing two utilities lose residential customers on competitive supply, according to the most recent stats from the PUC.
A final Connecticut Public Utilities Regulatory Authority decision approved a settlement between PURA Prosecutorial Staff and a retail provider to resolve an investigation of certain customer complaints and alleged unauthorized switches.
The Pennsylvania PUC will likely rule on the issue of fixed price electricity contracts which nevertheless contain pass-through components which may be adjusted by the supplier during the fixed term, especially as the PUC has found that these pass-throughs have trickled from large C&I contracts down to small commercial and residential plans.
The Retail Energy Supply Association has filed to close, without prejudice, a generic investigation regarding whether purchase of receivables, customer referral, and electronic interface programs should be implemented in ...
Staff of the Public Utility Commission of Texas and AEP Energy Inc. (f/k/a BlueStar Energy Services, Inc.) d/b/a BlueStar Energy Solutions have reached a stipulation and filed a proposed order regarding the name under which BlueStar Energy Solutions will operate as a retail electric provider in Texas.
Reversing a Staff action, the Pennsylvania PUC approved the application of Met-Ed and West Penn Power to allow the assignment of four default service tranches from BP, the winning bidder, to FirstEnergy Solutions.
In a new low for the challenged Pennsylvania retail electric market, the number of residential customers on competitive electric supply across the state declined for the first time since weekly stats began being published two years ago, and three electric distribution utilities are now seeing the number of residential accounts on competitive supply decline.
As Matters shockingly reported today (see related story), the Pennsylvania residential electric market has now seen its first weekly decline in aggregate shopping totals, and the real bad news is that market conditions are expected to get worse before they get better.
Texas, with its energy-only market serving the vast majority of the state, continues to be named the most attractive state for businesses by numerous metrics, while capacity market states are largely absent from the same rankings.
The Texas Senate on May 8 unanimously confirmed Gov. Rick Perry’s reappointment of Commissioner Kenneth Anderson to the Public Utility Commission of Texas for a term that expires Sept. 1, 2017. Commissioner Anderson was first appointed to the PUC on Sept. 2, 2008.
FirstEnergy reported that increased volumes of contracted sales at FirstEnergy Solutions, including retail sales, were responsible for a $38 million gain in earnings versus the year-ago quarter, but these gains were offset by negative drivers, including lower capacity revenues.
Several California end-users, along with competitive market trade associations, sent a series of letters to the California General Assembly in support of a bill to increase the current caps on the amount of electric direct access load.
The Illinois Commerce Commission has issued an order to a broker requiring the company to show cause why the Commission should not revoke its agent, broker, and consultant certificate for, "failure to possess the managerial resources and abilities to operate as an agent, broker or consultant in the State of Illinois."
ERCOT has filed a supplement to backcast pricing impacts from implementing an operating reserves demand curve under the B+ Solution, now using 2,300 MW as the minimum contingency level, which indicates energy market price increases of up to $70/MWh.
A joint proposal's requirement for Central Hudson Gas & Electric to include ESCO versus default service cost comparisons on bills is ill-defined and premature, a recommended decision from two New York ALJs found.
Baltimore Gas & Electric has filed with the Maryland PSC new SOS rates for the period October 1, 2013 to May 31, 2014 for residential and Type I customers, and the period June 1, 2013 to August 31, 2013 for Type II customers.
A draft Connecticut Public Utilities Regulatory Authority decision would approve a settlement between PURA Prosecutorial Staff and a retail supplier to resolve an investigation of certain customer complaints and alleged unauthorized switches.
FERC largely accepted revisions to PJM's minimum offer price rule (MOPR), or buyer-side mitigation policies, for the centralized capacity market, but ordered PJM to retain a unit-specific review and exemption process.
TXU Energy saw an improvement in net residential customer churn during the three months ended March 31, 2013, versus the three months ended December 31, 2012, when excluding the impact of inorganic growth in the three months ended December 31, 2012.
ERCOT's May 2013 Capacity, Demand and Reserves (CDR) report shows an increase in the forecast reserve margin in 2014 to above-target levels as the delivery period approaches, which is the market behavior that is expected in an energy-only market.
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Google recently released a white paper calling for regulated utilities to offer customers the option of purchasing renewable energy via green tariff options, but in the paper applauded an effort which is seen as eradicating a retail choice option for customers in Virginia.
New England and New York could follow California in essentially re-regulating new build power generation through the use of regulator-directed procurements, Julien Dumoulin-Smith said in a note to UBS Investment Research clients.
During Friday's earnings call, Nicholas Akins, CEO of American Electric Power, highlighted the still-challenged investment prospects for new build in PJM, despite the presence of a forward, centralized capacity market
Sharyland Utilities, L.P., Sharyland Distribution & Transmission Services, and Southwestern Public Service Company have filed for approval at the Public Utility Commission of Texas of a transaction under which Sharyland will acquire certain SPS transmission assets to facilitate the introduction of retail choice to Sharyland's former Cap Rock service areas, and which will provide other ancillary benefits to the service area and ERCOT West zone.
Massachusetts Attorney General Martha Coakley has announced an energy summit, to be held May 20, to discuss, among other things, the impact of historically high energy costs on competitive business in Massachusetts.
FERC has approved AEP's application to transfer the utility generation owned by Ohio Power Company to a competitive generation affiliate, consistent with the corporate separation approved by the Public Utilities Commission of Ohio.
Miami-based retail supplier U.S. Gas & Electric has been recognized as the 2013 Business of the Year by the South Florida Business Journal, in the 100-400 employee category. The Business of the Year award program recognizes companies that have demonstrated outstanding performance in several categories, which include excellence in revenue growth, commitment to employees, and dedication to corporate social responsibility.
A Texas retail provider would pay $16,000 under a settlement with Staff of the Public Utility Commission of Texas to resolve allegations that it was not in full compliance with 18 provisions of the Substantive Rules
The University of Delaware and NRG Energy announced a milestone for their eV2g project: becoming an official resource of PJM Interconnection and proving for the first time that electric vehicle-to-grid technology can sell electricity from electric vehicles (EVs) to the power grid.
ISO New England's proposal filed at FERC to revise its financial assurance and billing policies by changing the cure percentage for a Market Participant that receives one or more margin calls within a rolling 365-day period would, "balkanize credit policies and create an undue preference for one class of Market Participants," retail supplier Twin Cities Power, LLC said in a protest.
The Public Utility Commission of Texas yesterday adjudicated two outstanding issues regarding the proposed competitive generation service tariff at Entergy Texas, but withheld final adjudication of remaining issues until the next open meeting.
For the first time in April, all of the seven major electric distribution companies in Pennsylvania saw growth in the number of residential customers on competitive supply, according to the latest stats from the Pennsylvania PUC.
Pennsylvania PUC Vice Chairman John Coleman suggested during remarks at Platts' Northeast Energy Markets Conference that a Pennsylvania electric distribution company or companies are rumored to be considering the possibility of petitioning the Pennsylvania PUC to implement an alternative default service provider
On Friday, Connecticut's budget bill advanced out of committee, which Taff Tschamler, Senior Vice President of Business Development for North American Power and Gas, LLC, said is, "as close as a state has come to getting a utility out of the supply function as I've seen."
The National Energy Marketers Association (NEM) announced that it will be presenting Public Service Leadership Awards and Industry Leadership Awards at its upcoming 16th Annual National Energy Restructuring Conference the morning of April 30, 2013, in Washington, D.C.
Nearly 3 million Illinois residential customers were shopping and billed on competitive electric supply as of March 31, according to the latest snapshot of migration from the Illinois Commerce Commission.
A coalition of Texas retail electric providers has told the Public Utility Commission of Texas that the Commission's deposit rules require modification to facilitate the offering of demand response products by retail electric providers.
More Texas retail electric providers are offering customers demand response solutions in light of higher ERCOT price caps, David Roylance, Vice President of The Energy Professionals Association (TEPA) and Principal at Prism Energy Solutions, told EnergyChoiceMatters.com in an interview.
The implementation of the Standard Offer customer referral program at most of the Pennsylvania electric distribution companies will be delayed, according to updated compliance filings filed by the utilities.
The New York State Public Service Commission yesterday said that it directed a second ESCO to show why the Commission should not revoke the company's eligibility to enroll new customers or to offer services as an energy services company in New York, "given the company's pattern of apparent marketing violations and numerous customer complaints."
FirstEnergy Solutions has appealed to the full Commission a Pennsylvania PUC Secretarial letter in which Staff denied the request of Met-Ed and West Penn Power to allow the assignment of four default service tranches from the winning bidder to FirstEnergy Solutions
"[I]t cannot be said that three-year SOS supply contracts promote the development of competitive retail markets, as Exelon [Generation Company LLC] argues," the Retail Energy Supply Association said in comments to the District of Columbia PSC.
The Maryland PSC has struck a "regulatory out" clause from a Contract for Differences among the utilities and CPV Maryland LLC to enable the construction of a 661 MW natural gas-fired combined cycle facility in Charles County with an in-service date of June 1, 2015.
Energy Future Holdings Corp. confirmed Monday in an 8-K that it has been in discussions with creditors concerning a consensual restructuring of subsidiary Texas Competitive Electric Holdings Company LLC's (TCEH) $32 billion of debt, including a prepackaged plan of reorganization under Chapter 11 of the United States Bankruptcy Code.
Texas retail electric providers may begin submitting electronic transactions for new customers in the Sharyland Utilities, L.P. Brady, Celeste, Colorado City, and Stanton divisions, which are transitioning to retail choice, in February 2014, Sharyland said in an update to the Public Utility Commission of Texas.
A filing by Ohio Power Company at FERC is meant to preserve a favorable revenue stream for AEP to the extent an Ohio court overturns a decision by the Public Utilities Commission of Ohio, Industrial Energy Users-Ohio charged in a FERC filing.
The New Hampshire PUC yesterday approved, without modification, a settlement to resolve investigations into PNE Energy Supply, LLC (PNE), and Resident Power Natural Gas & Electric Solutions, LLC (Resident Power) relating to the mass transition of PNE customers to default service due to PNE's prior default at ISO New England.
Centrica plc and Qatar Petroleum International (QPI), the international arm and wholly owned subsidiary of Qatar Petroleum (QP), have agreed to acquire jointly a package of producing conventional natural gas and crude oil assets and associated infrastructure located in the Western Canadian Sedimentary Basin from Suncor Energy for C$1 billion (£650 million) in cash.
The New Hampshire PUC approved new default service rates for residential and small commercial (Non-G1) customers, and large commercial and industrial (G1) customers, at Unitil Energy Systems, Inc. for the period beginning June 1, 2013.
Pacific Gas & Electric has filed for California PUC approval of a settlement agreement with certain parties, including TURN, to revise PG&E's original green option tariff and allow customers to voluntarily purchase up to 100% renewable power on a "bundled" (asset-backed) basis. PG&E said that the settlement, among other things, is competitively neutral and addresses certain protests concerning PG&E's original proposal.
Two Pennsylvania utilities are seeing a weekly decline in the number of residential electric customers on competitive supply, but, and we're not sure if this is good news or bad news, the duo is not the same as the two which saw a decline in residential shopping in the prior week.
Baltimore Gas & Electric has proposed creating an alternative SOS pricing option, on a pilot basis, for residential customers who purchase or lease a plug-in electric vehicle and who charge their electric vehicles at their primary residence
Niagara Mohawk has filed with the New York PSC draft materials concerning an online ESCO versus default service cost comparison tool, as well as for on-bill comparisons of ESCO versus default service costs.
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UGI Utilities, Inc. - Electric Division has filed with the Pennsylvania PUC a proposed default service plan for the period from June 1, 2014, through May 31, 2017 that would include an expansion of hourly pricing, and certain changes intended to enhance the retail market.
Citing an increase in market activity, the Maine PUC has opened an inquiry into potential changes to residential and small commercial Standard Offer service, and to other rules and practices related to retail competition in the residential and small commercial sectors.
Testimony before the Michigan House Energy and Technology committee claimed that Michigan electric customers are paying $2 billion in higher costs as a result of the 10% electric choice cap, Energy Choice Now said yesterday.
The New Hampshire PUC has conditionally accepted a non-unanimous stipulation to create an alternative default service rate option for customers at Public Service Company of New Hampshire, which Commissioner Michael Harrington said may, "stifle competition."
The acquisition of Equitable Gas Company, LLC by Peoples Natural Gas could negatively impact the retail market due to the transfer of certain storage assets to an Equitable affiliate under the transaction, Dominion Retail, Inc. and Interstate Gas Supply, Inc. said in a petition to intervene.
Pennsylvania PUC Chair Robert Powelson has been quoted in the past as saying that the PUC's goal is to make Pennsylvania the most competitive electricity market in the country, but instead of serving as a "city upon a hill" for progressive retail market reforms, it's the PUC's recent retail retrenchment which is serving as its legacy that other like-minded restructured states are being urged to follow.
NRG Energy, Inc. has entered into an agreement with a consortium of affiliates of Atlantic Power Corporation, John Hancock Life Insurance Company (U.S.A.), and Rockland Capital, LLC to acquire a cogeneration plant in Texas.
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The Pennsylvania PUC yesterday adopted as final without modification its tentative order to indefinitely suspend implementation of the retail opt-in aggregations at the seven major electric distribution companies.
A state PUC has ruled on whether individuals marketing retail energy under a "friends and family" referral approach require an individual electric license, in addressing an application for licensure from North American Power and Gas LLC.
The Pennsylvania PUC denied rehearing seeking a narrower definition of the term "agent" in marketing rules applicable to retail electric and natural gas suppliers, in large part because the PUC fears the more specific definition sought by retail suppliers could be read to exclude multi-level marketing agents.
The New Hampshire Office of the Consumer Advocate (OCA) yesterday issued an alert reminding customers that, "telemarketers offering a new rate or discount on your electricity bill must follow Public Utilities Commission's Consumer Protection rules."
The Pennsylvania Public Utility Commission issued a final order to create a uniform definition of unaccounted-for-gas (UFG) and loss level metrics for natural gas distribution system losses for the state's natural gas distribution companies (NGDCs).
Two electric distribution companies in Pennsylvania saw a decline in the number of residential electric customers on competitive supply during the most recent week, a new low point for the troubled market.
As Texas considers resource adequacy, and specifically demand response, it should view skeptically claims, especially from capacity owners, that the fastest and most effective way to develop demand response resources is to introduce a centralized capacity market.
An independent analysis prepared for the Public Utility Commission of Texas indicates that the benefits to Texas customers from Entergy Texas, Inc. (ETI) joining the Midwest ISO are at risk if certain PPAs with other Entergy operating companies are terminated upon MISO membership, as is being sought by such other operating companies
The Massachusetts Department of Public Utilities has issued a procedural schedule for further consideration of the electric utilities' pending purchase of receivables compliance filings, which have been pending at the DPU for two years.
The costs of any opt-out of advanced metering granted to and exercised by Texas electric customers should be billed by the transmission and distribution utilities, not retail electric providers, a group of REPs said in comments to the Public Utility Commission of Texas.
Just as it has done in the Northeast, FERC is setting up the California market for FERC's preferred resource adequacy construct, ordering a technical conference to "collectively" pursue solutions to "reliability," but in reality meaning generation adequacy.
Staff of the New Hampshire Public Utilities Commission, PNE Energy Supply, LLC (PNE), and Resident Power Natural Gas & Electric Solutions, LLC (Resident Power), have filed a settlement to resolve all issues in the PUC's dockets investigating PNE and Resident Power and issues relating to the mass transition of PNE customers to default service due to PNE's prior default at ISO New England.
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The New York ISO has filed at FERC tariff modifications to better align the credit requirements for imports to, exports from, and wheels through (External Transactions) the New York Control Area with the associated market risk.