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Dominion East Ohio to Limit Prices Under Backstop Monthly Variable Rate Commodity Service

Dominion East Ohio has filed tariff changes which would limit the rate that competitive suppliers could charge under the tariffed "Monthly Variable Rate Commodity Service," which serves as a backstop for customers whose competitive supply contract is not renewed.

Briefly (for 11/2)

• MXenergy Submits Statement of Intent to Offer Prepaid Service Using CPDS in ERCOT

• North American Power Enters PECO, BGE Residential Markets

• Energy Cooperative Association of Pennsylvania Adds 100% Renewable Product at PECO
• Maryland PSC Strikes Retail Auction Proposal from FirstEnergy-Allegheny Energy Merger Case

Maryland PSC Posts Electric Migration Statistics for September

The Maryland PSC has posted electric migration statistics as of September 30, 2010.

Allegheny Power Posts Maryland Type II Rates

Allegheny Power has posted updated Type II generation rates in Maryland as a result of the recent SOS procurement.

ConEdison Solutions Margins Lower

ConEdison Solutions reported a net loss of $7 million for the quarter ending September 30, 2010, versus net income of $51 million a year ago, on mark-to-market losses as well as lower retail electric margins.

November 1

RESA Seeks Order from Pennsylvania PUC Declaring Home Rule Opt-Out Aggregations Illegal

The Retail Energy Supply Association has filed a petition at the Pennsylvania PUC for a declaratory order regarding the ability of home rule municipalities to conduct opt-out aggregations under the current legislative regime

Constellation Looking to Expand Residential Marketing

Constellation NewEnergy is "look[ing] to expand our participation in the residential markets by 2012," Kathleen Hyle, COO of Constellation Energy Resources, said during an earnings call Friday.

First Choice Power Reports Lower Earnings on Expected Margin Compression

First Choice Power reported lower ongoing earnings of $12.8 million for the third quarter of 2010, versus $18.3 million a year ago, on expected margin compression partially offset by lower bad debt expense and increased commercial sales

Acceleration in TXU Customer Churn Continues

Updated November 1

TXU Energy's residential customer churn accelerated further in the quarter ending September 30, 2010, as TXU lost 30,000 residential customers (net) versus June 30, 2010.

Duke Energy Ohio "Leaning" Towards Market Rate Offer

Duke Energy is "leaning" towards filing for a Market Rate Offer (MRO) to govern the provision and pricing of Standard Service Offer supplies for non-shopping customers in the Duke Energy Ohio territory beyond 2011, CEO James Rogers said

FERC Refuses to Order Rebilling for NYSEG/NiMo Metering Errors

Rejecting recommendations from Trial Staff, FERC denied requests from NYSEG to require the New York ISO to rebill certain charges dating back 10 years to correct metering errors from both NYSEG and Niagara Mohawk

North America Power Partners to Pay $500,000, Disgorge Profits, for Allegedly Enrolling ILR Customers Without Authorization, Offering Unavailable Resources

FERC has accepted a settlement which compels North America Power Partners to pay a civil penalty of $500,000 and disgorge $2.2 million, plus interest, in unjust profits, relating to FERC Enforcement Staff's allegations that North America Power Partners engaged in a fraudulent scheme or artifice committed with scienter related to several demand response activities (IN09-6).

Ambit Energy Announces Maryland Residential Offers

Ambit Energy's previously announced expansion into the Maryland resident market is on schedule for a November 1 start for enrollments Click for More

RESA Asks Delaware PSC to Impose RPS Impact Limits on All Load Serving Entities

The Delaware PSC should revise its regulations to permit the freezing of the minimum cumulative percentage requirements for the RPS and solar RPS carve-out for all electric service providers, not only Commission-regulated utilities, the Retail Energy Supply Association said in comments to the PSC

License Briefs (for 11/2)

• Vanguard Energy Services Seeks Illinois Gas Supplier License

• Glacial Natural Gas Seeks to Expand Pennsylvania Supplier License

• Major Energy Electric Services Seeks Maryland Electric Supplier License

• Conn. Draft Would Grant Electric License to Mint Energy

• Better Cost Control Seeks Ohio Electric Broker License

• Power Brokers, LLC Receives Ohio Broker License

• LBE, LTD Seeks Illinois ABC License

ICC Staff Favor Using Rider UF for ComEd POR Uncollectibles Factor

Illinois Commerce Commission Staff said that they have no objection to using the system average uncollectible factor found in Commonwealth Edison Rider UF if the Commission elects to impose a single discount rate on all customer classes under ComEd's Purchase of Receivables program.

November 1

Met-Ed, Penelec Post Prices to Compare for Period Beginning January 1, 2011

Met-Ed and Penelec posted Prices to Compare for service rendered from January 1, 2011 through February 28, 2011.

Maryland Bid Monitor Raises Concern on Decreased Participation in SOS RFPs

Although the RFPs were judged to be sufficiently competitive, Boston Pacific renewed concerns about participation in the Maryland SOS auction for residential and Type I supplies.

Dominion Retail EBIT Lower

Dominion Retail reported EBIT of $14 million for the third quarter of 2010, versus $19 million a year ago.

DPL Energy Resources Serving 95% of Migrated Sales at Dayton Power & Light

For the three months ending September 30, 2010, DPL Energy Resources supplied approximately 1.338 billion kWh of the total 1.397 billion kWh supplied by competitive retail providers within affiliate Dayton Power & Light's service territory, parent DPL Inc. said in a 10-Q.

NextEra Energy Resources Earnings Rise

NextEra Energy Resources reported third quarter net income on a GAAP basis of $386 million, compared with $212 million in the prior-year quarter.

Gateway Energy Services Releases PECO Residential Pricing

Gateway Energy Services is offering Rate R customers a six-month fixed rate of 8.9¢/kWh through June 30, 2011, the first residential offer to break the 9¢ barrier in the PECO territory for service in 2011.

Briefly (for 10/29)

• Starion Energy Seeks Maryland Electric License
• NetGain Energy Advisors Receives Virginia Aggregation License

• PUCT Staff Revise NOV Against dPi Energy, Allege Non-Compliance with Advance Payment Protection

• FirstEnergy Solutions Offering Discounts to ChamberChoice Members

• Rapid Power Management Officially Launches Pa. Brokering

• DPUC Approves UI Procurements

PPL Supply Earnings Higher

PPL's Supply unit reported higher earnings from ongoing operations of $260 million in the third quarter, versus $124 million a year ago

Reliant Receives Maryland Electric License

Additional License Briefs

• Etheredge Partners Receives Md. Broker License

• Open Market Energy Receives Md. Broker License, Fined $100

• U.S. Sun Energy Receives Md. Broker License

• Capitol Area Energy Receives Texas Aggregator License

• Power Brokers LLC Receives Md. Broker License
Click for More

Energy Choice Matters, November 2, 2010