A draft "interim" order in the Connecticut PURA's review of electric market consumer protections would prohibit retail suppliers from offering certain products to mass market customers via utility consolidated billing, and would also require suppliers to provide written notice of variable rate changes.
The City of Parma, Ohio has alleged that, in negotiating a municipal aggregation contract with the city, FirstEnergy Solutions rejected the city's desire for a clause ensuring that another aggregation would not have a more favorable contract, as FES allegedly said this language was not necessary due to the fact that all aggregators had to sign identical agreements and that no aggregator would be allowed to deviate from the uniform agreement
Several ESCOs have alleged that Consolidated Edison is seeking to pass-on the costs of inaccurate natural gas forecasts to ESCOs through imbalance payments, as ESCOs sought the New York PSC to immediately order a dispute resolution process to avoid ConEd from suspending any ESCOs from operating on its system while the dispute is pending.
A retail supplier announced the launch of a new stand alone solar brand, Citra Solar, "to focus on capturing value in the fast-growing solar sector and complement the company's well-differentiated portfolio of energy brands, product offerings and distribution channels."
Sharyland Utilities LP has reported the number of customers who had not made an affirmative REP selection by April 13, and will be assigned to a default retail electric provider as the Sharyland Utilities territory transitions to retail choice on May 1.
A settlement among two EDCs, the Office of Consumer Advocate and the Office of Small Business Advocate would institute a nonbypassable rider, up to 1¢/kWh, to recover generation costs from the polar vortex.
DTE Gas said yesterday in a news release that it has been experiencing an increase in calls from natural gas customers, "who want to switch from their alternative gas suppliers back to DTE because of the utility's rates."
A consultant said that it has negotiated contracts for, and procured, nearly 1 billion kilowatt-hours of retail electricity supply for its clients in the Sharyland Utilities service territory newly opening to choice
The Pennsylvania retail electric market lost nearly 10,000 residential shoppers in the most recent week, with the number of customers on competitive electric supply declining by over 9,500 accounts from about April 3 to April 9.
George Jepsen, Attorney General for the State of Connecticut, petitioned FERC to investigate results from the 2017-18 ISO New England Forward Capacity Auction, alleging that a generator, "may have exercised market power."
PPL Electric Utilities would meet its statutory obligation to offer a Time of Use rate to customers by relying on electric generation suppliers under an open process, under a partial settlement with various stakeholders.
Direct Energy is offering residential customers who newly enroll onto a Direct Energy electricity supply plan the opportunity to receive a six-month free trial of Direct Energy's "Heating and Cooling Repair Essential Plan."
A REP would pay $164,000 under a settlement with Staff of the Public Utility Commission of Texas to resolve a Staff investigation which alleged 11 violations of the customer protection substantive rules.
The Public Utilities Commission of Ohio opened an investigation, "to determine whether it is unfair, misleading, deceptive, or unconscionable to market contracts as fixed-rate contracts or as variable contracts with a guaranteed percent off the SSO rate when the contracts include pass-through clauses (collectively referred to herein as "fixed-rate" contracts)."
The Utility Workers Union of America sought a declaratory order from the Pennsylvania PUC finding that FirstEnergy Solutions' fixed price contract language does not permit FES to increase its bills to residential customers because of higher ancillary service costs.
The Electric Reliability Council of Texas (ERCOT) Board of Directors voted to endorse the approximately $590 million Houston Import transmission project and deemed the new construction portion of the project critical for reliability.
Connecticut Light & Power and United Illuminating, in consultation with PURA Staff, have developed bill inserts proposed to be issued with their May bills which warn customers about high variable rates recently experienced by certain competitive supply customers.
Choose Energy is making its online shopping comparison platform available to various referral channel partners -- energy consultants, school and charity groups, real estate professionals, and other community organizations -- who would otherwise drive their constituents to a single retail supplier.
Departing from an earlier proposal, the Pennsylvania PUC will not require electric generation suppliers to notify variable rate customers, "of a rate increase of more than 50% over the prior billing cycle as soon as the EGS becomes aware that such an increase will occur."
As part of its final rulemaking order on customer disclosures, the Pennsylvania PUC adopted a standard template for an Electric Generation Supplier Contract Summary, for residential and small commercial customers.
The Pennsylvania PUC has adopted a final rulemaking order to require that an electric distribution company execute a switch within 3 business days of the receipt by the EDC of the electronic enrollment transaction
U.S. Senator Charles Schumer today urged the Federal Trade Commission (FTC) to immediately investigate the "mind-boggling" increase in electric prices seen by Upstate New York customers during the winter.
The Retail Energy Supply Association alleged that Connecticut Light & Power's, "recent unauthorized public release of its members' confidential and trade secret information," had, "resulted in a material breach of the SSA [Supplier Service Agreement]."
A settlement among Staff of the Public Utility Commission of Texas, CenterPoint Energy Houston Electric, and the 9/12 Association would establish the fees applicable for customers who opt-out of advanced metering service.
"New England is currently experiencing an energy crisis," Public Service of New Hampshire said in response to a PUC Staff report which examined the economic impact of divesting PSNH's generation plants
Governor Dannel Malloy, Attorney General George Jepsen, Consumer Counsel Elin Swanson Katz and State Senate President Pro Tempore Donald Williams, Jr. are proposing legislation, the Electric Supplier Consumers' Bill of Rights, that would, among other things, require affirmative consent for a supplier to switch a customer to a variable rate contract from a fixed rate contact
"We love freedom in Texas ... and as I sit here today our focus is on freedom," Andrew Sunderman, Chief Financial Officer of Direct Energy, said in a keynote at the Gulf Coast Power Association spring conference.
Staff of the New Hampshire PUC have filed a preliminary status report addressing the economic interest of PSNH's retail customers as it relates to the potential divestiture of PSNH's generating plants.
"Sparked by a six-fold increase in complaints about unregulated natural gas suppliers in 2014," the Illinois Citizens Utility Board (CUB), "issued a warning for Chicago-area consumers to beware of bad deals in the gas market."
Energy Future Holdings, the parent of TXU Energy, yesterday provided an update on its "constructive" discussions with certain of its financial stakeholders about various restructuring alternatives, "to strengthen the company's balance sheet and create a sustainable capital structure to position it for the future."
The Commonwealth Court of Pennsylvania has issued a stay of the PUC's order granting electric Customer Assistance Program (CAP) customers at PECO the eligibility to shop for a competitive electric supplier, which means that such customers shall not be able to choose a supplier pending the Court's substantive ruling on an appeal brought by several consumer groups.
Transferring the RPS obligation from retail and Basic Generation Service suppliers to distribution utilities, or implementing long-term solar contracts through the BGS auctions, are two policy options included in a draft New Jersey report concerning volatility in the New Jersey solar market, and potential options to stabilize the market.
ERCOT has proposed Nodal Protocol Revision Request (NPRR) 612 to reduce the cure period for failure to make payment or transfer funds, provide collateral or designate/maintain an association with a Qualified Scheduling Entity (QSE).
PPL saw the rate of residential electric customers leaving competitive supply increase by sevenfold during the most recent week, as all of the seven major Pennsylvania EDCs again saw a decline in residential shopping.
The New Hampshire PUC approved new residential and small commercial customer and large customer default service rates at Liberty Utilities (Granite State Electric) for the period May 1, 2014 through October 31, 2014
"We expect industry-wide increased customer attrition, new regulations, higher collateral costs, and financial performance to drive many retail suppliers to look for market exits through equity sales and customer book divestments," Crius Energy CEO Michael Fallquist said during an earnings call yesterday.
NRG Energy, Inc. said that it has acquired, "one of the nation's leading residential solar companies," Roof Diagnostics Solar (RDS), "to support and expand the company's efforts to empower its customers to control their own energy destiny through clean self-generation."
NRG recently published a letter on its website from CEO David Crane which outlines Crane's visions for NRG and the industry, and which we again see as irreconcilably in conflict with NRG's preferred policy of a capacity market in Texas.
With the Public Utilities Commission of Ohio declining to order the electric utilities to implement POR (see related story today), the Commission's final retail market order contains few substantive reforms to the market.
Two large retail suppliers told the Connecticut PURA yesterday that one of the solutions to the recent tumult in the retail market is to increase the licensing standards applicable to retail suppliers.
"The energy from Public Service of New Hampshire's power generation facilities during the past winter was produced at a cost that was $115 million less than energy sold through the region's wholesale energy marketplace," PSNH said yesterday.
The Pennsylvania PUC has directed that all retail electric suppliers shall respond to a survey in which suppliers shall provide their customer count broken out by fixed rate customers and variable rate customers.
The Independent Power Producers of New York have amended their pending complaint at FERC alleging impermissible price suppression from purported buyer-side market power in the New York ISO capacity market.
Pennsylvania retail electric suppliers should be required to disclose to customers the highest electric rate they have charged in the past 60 months, the Pennsylvania Office of Consumer Advocate said in comments to the PUC.
During last week's Pennsylvania House hearing regarding soaring competitive electric rates, Rep. Peter Daley, Democratic Chair of the Consumer Affairs committee, said that competitive generators declined an invitation to appear before the committee.
Texas Public Utility Commissioner Kenneth Anderson has proposed modifications to Staff's latest draft proposal for adoption concerning certification requirements for retail electric providers, specifically with respect to the definition of principals.
Waste Management, Inc., Ventech Engineers International LLC, NRG Energy, Inc., and Velocys plc announced the formation of a joint venture to produce renewable fuels and chemicals from biogas and natural gas using smaller-scale gas-to-liquids (GTL) technology.
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The free market for electricity in Pennsylvania "hasn't worked" in its current form, Pennsylvania State Rep. Robert Godshall, Chair of the Consumer Affairs committee, said during a hearing yesterday on variable prices.
Purchase of receivables, and specifically the utility's ability to disconnect service for non-payment of supplier charges, drew the ire of Pennsylvania State Representative Dan Moul, R, during a hearing yesterday concerning recent variable rate price spikes and proposed legislation to address the spikes.
The Pennsylvania PUC intends to adopt a standard Electric Generation Supplier "Contract Summary" which all EGSs will be required to use for residential and small business customers, and the PUC also intends to require EGSs to provide certain customers with advance notice of variable rates.
In keeping with its long-standing disdain regarding the needs of retail electric suppliers and the foundation necessary for a properly functioning retail electric market, FERC has not seen fit to include any companies which are exclusively focused on supplying retail energy on the discussion panels at its upcoming technical session on winter 2013-14 RTO operations and market performance.
The Public Utilities Commission of Ohio has approved an alternative proposal from AEP Ohio to mitigate the impact of the transition to market-based rates on residential customers at Columbus Southern Power (CSP).
Voltage Energy Holdings Inc., a private equity-backed company, will not proceed with a transaction under which it would have acquired the various Glacial Energy retail supplier entities from Glacial Energy Holdings.
The Pennsylvania PUC, "intends to promulgate a rulemaking which will amend existing Regulations at 52 Pa. Code, Chapter 57 to direct EDCs to accelerate switching time frames through off-cycle meter reads in a fashion that will permit Pennsylvania retail electric customers to switch suppliers within three (3) days or less," the PUC said in a Secretarial Letter yesterday.
The Michigan PSC directed four Michigan natural gas utilities to participate in a collaborative proceeding addressing the creation of a gas choice price comparison website, and invited alternative gas suppliers, other regulated natural gas utilities and others to participate.
"The failure of the wholesale markets to meet demand at reasonable prices," required IDT Energy to raise its rates significantly to cover these costs, as the company expects to record increased churn during the first quarter, it said in reporting full-year 2013 earnings
Electric utilities, retail suppliers, the New Hampshire consumer advocate, and New Hampshire PUC Staff have reached a settlement agreement regarding the payment hierarchy for utility consolidated bills, and certain other retail market enhancements.
NRG Energy's offering of portable cell phone chargers at the currently ongoing Houston Livestock Show and Rodeo represents a unique and innovative marketing opportunity that can be replicated at a number of venues or other locales where NRG currently has, or will have, a physical presence, though NRG considers the portable chargers to be a pilot and would not discuss specific plans for the devices.
If you're an independent retail supplier, and particularly one which started after the 2005-07 bloodbath in the retail market, you need to understand one thing, if it's not already apparent: the leading advocates of "competitive" markets -- meaning non-price-regulated generators, most of whom own formerly incumbent assets -- don't care if retail choice dies, and, in fact, many "competitive" generators have argued for de facto re-regulation of retail generation supply to advance their own profits.
Taken together, the 25 retail electric market proposals on which the Connecticut PURA sought comment, "could stifle and ultimately collapse the retail electric supply market in Connecticut," the Retail Energy Supply Association said in a request to postpone a fact finding session announced by PURA.
Direct Energy said that, effective April 1, the company will add a price protection feature to its current residential electric variable rates in each Pennsylvania utility service area in which the company serves.
Six of Pennsylvania's seven major electric distribution companies saw a decline in residential shopping over the past week, as migration back to default service prompted by polar vortex rates continues to roll into the migration reports as meter reads are completed.
Results from a new poll conducted by Public Opinion Strategies indicate that 58 percent of likely Michigan voters support legislation to eliminate the 10% electric choice cap, while only 20% oppose it.
In a written order reconsidering PECO's proposal to allow electric Customer Assistance Program (CAP) customers to shop for a competitive supplier, the PUC has directed that PECO maintain the current schedule of publishing the Price to Compare 45 days prior to the effective date.
Runaway wholesale electric prices have doomed another attempt to expand electric choice, this time in Pennsylvania -- a state which increasingly looks more and more like New York, Connecticut, and dare we say it, Maryland, thanks to unchecked and uncompetitive wholesale pricing.
Retail suppliers should be assigned one-half of the cost of changes needed to accommodate retail electric supplier logos on utility consolidated bills, PECO said in comments filed with the Pennsylvania PUC.
Ethical Electric, Inc. has asked the Pennsylvania PUC to require the FirstEnergy electric distribution companies, "to eliminate the use of the duplicitous and burdensome 'customer number' and instead use only the customer's account number for EGS enrollment."
Generators in PJM may be exploiting the make-whole payments granted to capacity owners by FERC, allowing cost recovery above the $1,000/MWh price cap, by, "requesting recovery of natural gas 'costs' that they did not in fact experience, but rather which represent simply a published 'spot' cost of natural gas though the generator's actual acquisition costs were well below the spot level," the Organization of PJM States, Inc. warned in a letter to the PJM board of managers.
NRG Energy, Inc. announced that the U.S. Bankruptcy Court has approved Edison Mission Energy's Plan of Reorganization and the related sale of substantially all of EME's assets, including the equity interests in EME's subsidiaries, to NRG Energy, Inc.
If the Pennsylvania PUC wants more market-reflective default service, as it indicated (but did not order) in its much-hyped end-state retail electric market order, utilities have not gotten the message.
The Electricity Distributors Association (EDA), representing Ontario utilities, recently "commended" a call from Andrea Horwath, leader of Ontario's New Democrats, to curtail fixed commodity price retail electricity contracts for residential customers.
The next time you see a study by The NorthBridge Group touting a centralized capacity market, or how a capacity market wouldn't cost materially any more than an energy-only market, keep in mind the following testimony from Scott Fisher, Principal with The NorthBridge Group, who was testifying on behalf of PECO in support of PECO's proposed residential default service portfolio, the majority of which would be served under 24-month contracts.
Not that we needed more evidence that the PJM capacity market is designed to inflate wealth transfers to incumbent asset owners, but PJM's latest filing to reform the Reliability Pricing Model to curb alleged "speculation" (behavior which has the effect of reducing consumer prices) is simply another example of this reality.
The District of Columbia PSC has ruled on Pepco's purchase of receivables discount rates as filed in September, which excluded any offset resulting from late payment revenues paid by competitive supply customers.
The Pennsylvania PUC has sought more information regarding a settlement between Enforcement Staff and a retail supplier under which the supplier would pay $59,000 to resolve an investigation into alleged slamming, Do Not Call violations, and other marketing violations.
With respect to rate issues, the Pennsylvania PUC denied reconsideration of its order granting PECO electric Customer Assistance Program (CAP) customers eligibility to shop, with no cap on retail supplier rates, and in doing so, PUC Chairman Robert Powelson and Commissioner Pamela Witmer gave an excellent illustration of how the continued offering of default service by utilities skews the competitive retail market.
In a reversal of migration trends year-to-date, four Pennsylvania electric utilities saw the net number of residential accounts on competitive supply decrease from about February 26 to March 5, according to the latest stats on PA Power Switch.
A U.S. Appeals Court will hear arguments regarding whether class action status should have been granted to a lawsuit against Stream Gas & Electric, its marketing unit Ignite Holdings, several subsidiaries, and several affiliated individuals.
ERCOT notified the Public Utility Commission of Texas, "of its violation of Section 1.3.1(k) of the ERCOT Protocols," due to the transmission of a file to two unintended recipients which could have been interpreted to match the number of ESI IDs identifiable to another LSE.
In a contrast to recent default service procurements, Delmarva Power's Delaware procurement of SOS supplies for the period starting June 1, 2014 resulted in clearing prices lower than those from last year's RFP, as well as the prices from the 2010-11 auction (whose results are being rolled out of the portfolio for mass market customers)
A Pennsylvania utility seeking to institute a nonbypassable surcharge to recover a default service undercollection resulting from extreme pricing in the PJM market during January has filed to lower its bypassable default service charge by 8% effective April 1.
An EDC has become the second Pennsylvania utility to petition for a nonbypassable rider to recover an undercollection of supply costs due to, "abnormal and sustained cold weather conditions," during January.
ERCOT has proposed Nodal Protocol Revision Request 601 to revise, "the calculation of credit exposure for Counter-Parties that are registered as Qualified Scheduling Entities (QSEs) and Load Serving Entities (LSEs) and provide Provider of Last Resort (POLR) service as a result of Mass Transition of a defaulting Counter-Party with Load."
Integrys Energy Services performed as expected during the extreme cold in January, with negative impacts from load following electric contracts offset on the natural gas side, executives said during an earnings call last week.
As first reported by EnergyChoiceMatters.com in January, a class action lawsuit against a retail supplier has been "certified" to proceed on a class action basis, opening the door for similar suits and potentially threatening the viability for the entire multi-level marketing sales channel approach used by retail suppliers.
A retail provider announced that it has entered into a five year agreement with Shell Energy North America (US) L.P. for a structured supply arrangement and credit facility, and announced a timeline for New England market entry
The New York PSC, in its retail markets order, has revised the uniform business practices (UBPs) to allow customers to aggregate their electric load in order to meet the threshold of a "direct customer" and participate in the market without an ESCO.
The Maryland PSC granted a start-up retail supplier an electric supplier license to serve all customer classes, as the supplier has now publicly posted its pricing for its initial markets of PECO and PPL in Pennsylvania
Energy Marketing Conferences LLC's inaugural New York energy marketing conference held on February 27, named the "Most Innovative Energy Supplier", which went to the energy supplier with the most innovative marketing ideas, and the "Energy Supplier of the Year", which went to the energy supplier, "who succeeded in building a stellar organization and a thriving business."
Staff of the Public Utility Commission of Texas have filed a draft proposal for adoption to revise the rules governing retail electric provider certification, with the draft proposal for adoption further revising changes to the definition of "principal" under the rules.
Unless current lawmakers are even more oblivious than apocryphal characterizations of the French nobility of the late 18th century, no legislator can cast a vote this year to terminate the availability of utility-offered, hedged default service, because the current runaway variable pricing in the retail market has made default service the "third rail" of utility policy.
As noted by EnergyChoiceMatters.com's extensive coverage (click here), the New York PSC's retail markets investigation order directed a wealth of significant, market-altering changes, including the introduction of a measure of recourse to POR, subjecting ESCO service to certain low-income customers to various conditions, requiring independent TPVs of certain sales channels, ending the ESCO referral programs, and requiring the publication of ESCO rate histories, to name a few.
The Public Utilities Commission of Ohio has directed Staff to convene an informal workshop to review the financial security requirements applicable to retail suppliers, as PUCO addressed rehearing requests regarding recently adopted changes to the electric market rules.
On rehearing, the Public Utilities Commission of Ohio has deleted from the requirements for third party verifications of retail natural gas contracts a question seen as confusing, and even seen as suggesting to the customer that they should enroll with a provider other than the one for whom the TPV is being conducted.
FirstEnergy Corp. CEO Anthony Alexander told investors during yesterday's earnings call that given the volatility that has been introduced into the retail market, there's a question of, "whether or not a retail market for customers exists in the same format that we see it today."
The New York PSC's written retail markets order details the specific sales introduction that ESCOs must now use in mass market sales, and specifies what the newly required independent third party verifications must include
The sweeping changes that the New York PSC has ordered in the retail market were adopted, "[i]n light of the apparent scarcity of energy-related value-added products and services available in the residential and small non-residential markets; the high complaint rates; and what appears to be a large number of active ESCOs generating revenues by offering consumers little more than higher prices," the PSC said.
With the prohibition on electric and natural gas ESCOs serving customers in utility low-income assistance programs, except under certain conditions, the PSC's written retail markets order explains how utility low-income assistance program customers currently shopping with an ESCO are to be treated.
As part of its continued retail market investigation focused on facilitating the development of value-added product and service offerings for mass market energy consumers, the New York PSC has issued a series of questions for stakeholder comment regarding ESCO customer acquisition costs, billing (including ESCO consolidated billing), enrollment processes, customer data availability, net metering, and other issues.
Staff of the Public Utilities Commission of Ohio have recommended approval of an alternative proposal from AEP Ohio to mitigate the impact of the transition to market-based rates on residential customers at Columbus Southern Power (CSP).
A report from Regulatory Compliance Services says that the total volume of electric complaints filed by consumers with the Public Utility Commission of Texas (PUCT) in calendar year 2013 decreased for the fifth consecutive year, but the "violation" rate increased for the third year in a row.
The Pennsylvania PUC has directed retail electric suppliers to provide, within six business days, copies of disclosure statements of variable price products offered to residential and small business customers for the period December 1, 2013 to February 20, 2014.
"Our energy market seems to be healthy," Texas Public Utility Commissioner Brandy Marty said during Friday's open meeting, as the Commission agreed to focus on the appropriate reliability standard, rather than immediate changes to market design.
Members of the Retail Energy Supply Association, "remain deeply concerned about the lack of transparency regarding January market conditions that precipitated record BOR [Balancing Operating Reserves] charges for one month," RESA said in a letter to the PJM board of managers.
With more than 750 high bill informal complaints filed by consumers so far this year, the Pennsylvania PUC has opened an investigation into disclosures and other regulations governing variable rate electric contracts
Concerns that PECO Customer Assistance Program customers will suffer "irreparable harm" under the program adopted by the PUC to allow these customers to shop for their electric supplier are not "speculative," given, "the recent volatility we have seen in the energy markets," Pennsylvania Public Utility Commissioner Gladys Brown said in a partial dissent yesterday.
The Pennsylvania PUC has issued for comment a proposed rulemaking that would revise certain regulations of the Alternative Energy Portfolio Standards Act (AEPS) of 2004, including regulations pertaining to net metering, interconnection and compliance provisions of the AEPS Act
Direct Energy operating profit fell 11% for the year 2013 to $436 million, as increases in profitability in the residential energy supply and residential services segments were offset by compressed margins for Direct's commercial and industrial energy supply business.
There's a lot of absurdities when trying to wade through the inconsistent and illogical arguments in favor of a Texas centralized capacity market, but the latest line being pitched by capacity market supporters may be our favorite.
Staff of the Public Utilities Commission of Ohio have filed the Retail Price Adjustment resulting from Dominion East Ohio's Standard Choice Offer auction, for default service for the period April 1, 2014 to March 31, 2015.
Staff of the Public Utility Commission of Texas have filed testimony recommending a lower upfront advanced meter opt-out charge at AEP Texas Central and AEP Texas North, with a marginally higher monthly ongoing opt-out charge.
As noted in our related story today, a Texas customer has taken up the fight to introduce electric choice to El Paso Electric, which is the latest example of a disturbing trend in Texas of so-called competitive market advocates not proactively seeking to extend choice to the still significant areas of the state without electric choice.
For the second time in as many weeks, the Pennsylvania PUC issued a news release in which the PUC, "urges customers using a competitive supplier to review their contract as wholesale energy prices have been pushed higher due to cold temperatures and high demand."
Staff of the Public Utility Commission of Texas have filed a draft proposal for adoption to implement the Commission's cease and desist authority, which includes in the preamble a discussion of the circumstances under which the authority may be applied with respect to retail electric providers.
Those doing the yeoman's work to expand electric choice in Michigan can thank Texas generators for making their life harder, by creating the narrative that Texas, and its current market, face blackouts.
PECO has provided the following statement to EnergyChoiceMatters.com regarding our February 13 story concerning its request for reconsideration of the PUC's recent order on expanding shopping eligibility to electric Customer Assistance Program (CAP) customers:
New Jersey basic generation service electric rates will again decrease on June 1 for three of the state's utilities, with only PSE&G seeing a slight increase in rates unrelated to competitive generation costs, according to the result of the BPU's Basic Generation Service Auction.
PECO has sought rehearing of the Pennsylvania PUC's order extending shopping availability to the utility's electric Customer Assistance Program (CAP) customers, without any cap on retail supplier rates charged to CAP customers, as PECO argued in its request for reconsideration that non-shopping customers will be compelled to subsidize the competitive retail rates charged by electric generation suppliers (EGSs), with PECO specifically noting a recent news release from the PUC in which the PUC warned EGS customers that their variable rates may be "higher" due to recent cold weather and wholesale pricing.
A proposal from demand response providers regarding access to Texas electric customers' account information from demand response providers would compel REPs, "to act as the middleman between the electric utility and any third party for the purpose of allowing the third party access to the customer's proprietary information," a group of REPs said in opposition to the proposal.
Texas Legal Services Center and the Texas Ratepayers Organization to Save Energy requested that the Public Utility Commission of Texas publish more granular complaint data regarding retail electric providers.
In yet another order which undermines the notion of competitive markets, FERC has granted PJM a waiver, on a prospective basis, to allow offers in excess of $1,000/MWh to set the locational marginal price.
A proposed decision from the California PUC would authorize two utilities to procure generation to meet local capacity requirements, with recovery authorized through the nonbypassable Cost Allocation Mechanism.
TXU Energy and Veteran Energy have posted on PowerToChoose offers for customers in the Sharyland Utilities Brady, Stanton, Celeste and Colorado City areas (Cap Rock territories), which are newly opening to choice starting May 1.
A state regulator yesterday urged electric customers, "who have contracted with retail electric suppliers, to be aware that the recent cold temperatures and resulting spike in wholesale power prices, may affect their rates if their contract includes a variable rate."
The National Energy Marketers Association announced that its members are working on examining and developing the next steps, after NEM's National Standards of Conduct, to ensure a positive energy consumer shopping experience, including potentially self-policing mechanisms and/or a NEM seal of approval.
Exelon's strategy to match load to generation, "really has played out well" during the extreme January weather, executives said during a Thursday earnings call, in a perfect example of how capacity markets provide asset-owning retail suppliers with an unfair competitive advantage.
Simulations run by The Brattle Group and Astrape Consulting, "show that energy-only markets can attract the optimal level of generation investments from a societal-cost perspective," Brattle and Astrape said in a report to FERC.
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The District of Columbia PSC has issued additional questions and sought supplemental comment regarding the provision of advanced metering interval data and historic AMI interval data to retail electric suppliers.
"[V]olatile electricity costs in the PJM market continue to pressure the earnings of our retail energy-marketing business," a retail supplier parent said in reporting earnings for the quarter ending December 31, 2013 (first fiscal quarter).
A Public Service Commission issued a news release to alert energy customers who have contracted with retail energy suppliers, "that the recent spate of extremely cold temperatures may affect their rates if they have contracted with retail energy suppliers through variable rate contracts."
The Public Utilities Commission of Ohio has approved a Retail Price Adjustment resulting from Columbia Gas' Standard Choice Offer auction, for default service for the period April 1, 2014 to March 31, 2015.
Given the recent results of the Brattle economically optimal reserve margin study, Texas Public Utility Commissioner Kenneth Anderson has recommended that the Commission study the appropriate reliability standard (1-in-10 year loss of load event or alternative) prior to instituting a comparison of the costs and benefits of various policy approaches to resource adequacy.
Businesses would be subject to the, "risk of extortionate settlements," if the Fifth Circuit U.S. Court of Appeals does not reverse a lower court's ruling which granted class action status to a suit against Stream Energy and affiliates without the plaintiffs first proving the alleged improper behavior, the Chamber of Commerce of the United States of America, the Direct Selling Association, and the National Energy Marketers Association said in an amicus brief.
A group of Texas retail electric providers have asked the Public Utility Commission of Texas to adopt changes to the Substantive Rules to prohibit the sharing of a brand by a regulated transmission and distribution utility and an affiliate offering competitive electric service.
"[T]he current energy-only market design will sustain a reserve margin of approximately 11.5%, which is 1.3 percentage points above the risk-neutral, economically optimum level of approximately 10.2%," The Brattle Group said in a report on the economically optimal reserve margin prepared for the Public Utility Commission of Texas
The City of Chicago and Integrys Energy Services announced changes to the City's electric aggregation program for small businesses meant to extend the service, on an opt-in basis, to some 40,000 additional small businesses
A coalition of industrial customers and consumer advocates said that granting PJM's requested waiver to allow offers in excess of $1,000/MWh to set the market-clearing LMP would compel customers to reward generators which failed to prudently hedge their variable costs of producing generation once they assumed a capacity supply obligation.