Dynegy today announced plans to file legislation in the Illinois General Assembly which would move Ameren from the Midcontinent ISO to the PJM market, in order to provide more compensation to downstate generation capacity, such as Dynegy's power plants
Despite declines versus the near-record prices seen in the PJM 2018-19 Base Residual Auction, the 2019-20 Base Residual Auction will still burden load with capacity prices at or in excess of $100/MW-day
National Fuel Gas Distribution Corporation sought rehearing of the New York PSC's generic order authorizing municipal aggregation on an opt-put basis statewide, as Distribution said that, "the benefits of a state-wide Opt-out enrollment model have not been demonstrated and are, accordingly, a matter of speculation and conjecture."
AEP Texas Central reported that it has exhausted 75% of funds designated to reimburse retail electric providers for providing free programmable communicating thermostats and in-home displays (collectively, in-home devices) to low-income customers
PECO has petitioned the Pennsylvania PUC for authority to conduct a community microgrid pilot, which would include the utility constructing, owning, and operating several distributed energy resource (DER) technologies to power the proposed microgrid, including natural gas engines.
Staff of the New York PSC have recommended doubling certain under-delivery penalties for ESCOs at KeySpan New York and KeySpan Long Island (National Grid), in testimony on the KeySpan LDCs' current rate case
Direct Energy has sought to phase-in "exorbitant" increases in the consolidated billing charge at KeySpan New York and KeySpan Long Island (National Grid), in testimony on the KeySpan LDCs' current rate case
The Pennsylvania PUC adopted without modification at settlement in the FirstEnergy Pennsylvania utilities' default service proceedings for the period June 1, 2017 to May 31, 2021 which, among other things, introduces, on a pilot basis, a clawback mechanism to the purchase of receivables program, and lowers the cutoff for hourly priced default service
The Pennsylvania PUC issued an order adopting a previously reported settlement between Public Power LLC and the PUC's Bureau of Investigation and Enforcement under which Public Power will pay a civil penalty of $72,500 and issue certain customer refunds to resolve the charging of an incorrect rate to some 50 customers due to a billing error
Just Energy reported a dip in its customer count for the quarter ending March 31, 2016, which was in-line with the net decline during the quarter ending December 31, 2015, as the company continues to focus on margin discipline
The Public Utility Commission of Ohio has disclosed winning bidders from the FirstEnergy Ohio utilities' April 26 default service auction which procured a portion of SSO supplies for 12, 24, and 36 month terms for the period beginning June 1, 2016
Various Hunt Consolidated companies that had received approval, subject to conditions, from the Public Utility Commission of Texas to acquire Oncor have asked the PUCT to vacate the approval order, stating that the contemplated transaction will not close.
A review by the Retail Energy Supply Association (RESA) finds nearly 30 competitive retail energy suppliers in Massachusetts actively posting more than 200 different product offerings, "at prices highly competitive with default rates offered by the state’s utility companies."
FirstEnergy Corp. named Leila Vespoli as executive vice president, Corporate Strategy, Regulatory Affairs, and chief legal officer, "a move that reflects the company's focus on more customer-centered, regulated growth," the company said
In a proposed order concerning an investigation of Blue Pilot Energy, LLC (click here for related story today), a Maryland Public Utility Law Judge made a conclusion with broader market implications, concerning how retail suppliers charging variable rates set and market their rates.
A proposed order from a Maryland Public Utility Law Judge would impose a $140,000 civil penalty on Blue Pilot Energy, LLC, and suspend the supplier's license for what the PULJ would find are violations of Maryland marketing and solicitation regulations..
AEP Ohio has sought to extend its electric security plan through May 31, 2024, and would continue to rely on descending-clock auctions procuring a portfolio of 12, 24, and 36-month load following contracts to serve Standard Service Offer customers
Staff of the Public Utility Commission of Texas filed an update regarding the status of funds designated to reimburse retail electric providers for providing free programmable communicating thermostats (PCTs) and in-home displays (IHDs) to low-income customers
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Brokers are among the competitors retail energy suppliers will need to deal with in the future, Daniel Verbanac, Senior Vice President for Retail at Constellation, said during DNV GL's Energy Executive Forum
Retail energy suppliers risk extinction if they view value-added services and disruptive technologies as, "other products and services," rather than using such services as new means to deliver price risk management to customers, Sayun Sukduang, Chief Executive Officer at ENGIE Resources Inc. (f/k/a GDF Suez), said during DNV GL's Energy Executive Forum
With the Pennsylvania Supreme Court recently denying a Pennsylvania PUC petition for allocatur on the issue, the PUC issued a secretarial letter to implement a prior Commonwealth Court ruling which directed the PUC to adopt a prohibition on early termination fees for Customer Assistance Program (CAP) customers to take competitive electric supply
In yet another example of federal overreach, the U.S. Commodity Futures Trading Commission (CFTC) issued a proposed amendment to a final order the CFTC issued on March 28, 2013 that exempted certain specified transactions of six Regional Transmission Organizations and Independent System Operators (RTO-ISO Order), including ERCOT, from certain provisions of the Commodity Exchange Act (CEA) and CFTC regulations.
New York's Public Service Law (PSL) does not confer to the PSC ratemaking authority over ESCOs, and the PSC has not cited any case law supporting its reset order which the PSC has attempted to justify in part based upon its PSL obligation to ensure just and reasonable rates, the National Energy Marketers Association and ESCOs said in a reply brief in support of an injunction against enforcement of parts of the PSC's reset order.
Energy Future Holdings, parent of TXU Energy and 4Change Energy, saw a marginal decline in its residential competitive retail customer count from December 31, 2015 to March 31, 2016, with the decline in-line with the decline experienced from September 30, 2015 to December 31, 2015
Duquesne Light said in its petition for a new default service plan (click here for recent story) that it would support the extension of shopping to Customer Assistance Program (CAP) customers under certain customer protections and conditions
The Public Utility Commission of Ohio has disclosed winning bidders from the FirstEnergy Ohio utilities' April 13 default service auction which procured a portion of SSO supplies for 12, 24, and 36 month terms for the period beginning June 1, 2016
NRG Energy reported that its Retail mass market segment recorded first quarter Adjusted EBITDA of $151 million, $15 million lower than the $166 million recorded in the first quarter 2015, due to milder weather, partially offset by lower supply costs and operating cost efficiencies.
Staff of the New York PSC have issued a whitepaper that would establish a formula for determining an appropriate not to exceed benchmark "reference price" for a 12-month fixed price offering, thereby allowing ESCOs, contingent on a further PSC order, to offer such a product as an additional complaint product under the retail market reset
Spark Energy, Inc. reported "record" first quarter results, as the company continued to achieve enhanced margins in both its retail electricity and retail natural gas segments while producing improvements in attrition.
The Public Utilities Commission of Ohio has approved the results of RFPs to award to the load of Percentage of Income Payment Plan customers to a retail supplier at the FirstEnergy utilities and Duke Energy Ohio
Duquesne Light has filed with the Pennsylvania PUC a proposed default service plan (DSP VIII) for the period June 1, 2017 through May 31, 2021 that would rely on contracts with longer terms to serve residential and small C&I customers.
CenterPoint Energy Houston Electric (CEHE) reported that it expects it will have soon exhausted 75% of funds designated to reimburse retail electric providers for providing free programmable communicating thermostats and in-home displays (collectively, in-home devices) to low-income customers
The FirstEnergy Ohio utilities have petitioned the Public Utility Commission of Ohio to modify their recently adopted Retail Rate Stability Rider (RRS) such that the rider is no longer based on PPAs between the utilities and affiliate FirstEnergy Solutions
Pennsylvania marked six consecutive months of statewide growth in the number of residential electric customers on competitive supply, but the amount of growth was significantly less than growth in recent months
North American Power has officially launched its Understandabill tool, a monthly energy report that provides its customers with electricity usage predictions, a categorized breakdown of how the electricity is used, and personalized recommendations on how to use less.
Asked about additional retail supplier acquisitions during an earnings call, Calpine would not specifically discuss future M&A activity but told investors that it likes the retail business and would like to see it grow
The Massachusetts DPU approved new purchase of receivables discount rates (standard complete billing percentages), effective May 1, 2016, at Nstar, National Grid, and Western Massachusetts Electric Co.
Sharyland Utilities has filed with the Public Utility Commission of Texas a rate case that would implement uniform, system-wide distribution rates across its Sharyland Utilities, LP (former Cap Rock) and Sharyland-McAllen service areas.
AEP will seek re-regulation of the Ohio market thanks to FERC's decision -- prompted by so-called merchant generators -- to review PUCO-approved PPAs between AEP Ohio and affiliated non-regulated generation under the Edgar standard.
The Maryland PSC has directed the RM 54 working group to meet on the issue of whether recently adopted electric and natural gas customer protections under COMAR 20.53.08 and COMAR 20.59.08 apply to non-residential customers
The Maryland PSC granted retail electric and natural gas suppliers a waiver from recently adopted sales agent background check requirements, contingent on suppliers complying with a consensus interim proposal for changes in the process during an interim period while the PSC considers changes to the rules.
CenterPoint Energy Houston Electric, LLC would pay $60,000 under a settlement with Staff of the Public Utility Commission of Texas to resolve an investigation of the TDU for alleged violations of 16 TAC § 25.480(m)(2), related to placement and removal of switch-holds.
Under the auspices of the Public Utility Regulatory Authority, the State of Connecticut has established EnergizeCT, a robust, well-designed and consumer-friendly electricity shopping website that routinely posts competitive generation supply products offered by licensed retail electricity suppliers, the Retail Energy Supply Association said yesterday in announcing a review of the savings and value-added services available to customers
Granting complaints filed by EPSA, the Retail Energy Supply Association, and other parties, FERC in separate orders rescinded affiliate waivers previously granted to various FirstEnergy and AEP companies, and will evaluate PPAs between FirstEnergy's and AEP's Ohio utilities and their merchant generation under the Edgar and Allegheny standards