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AEP "Looking" to Expand Competitive Retail Supplier to Texas, Eastern Markets

AEP anticipates expanding its newly formed competitive retail supplier, AEP Retail Energy, beyond Ohio, where the retailer was initially formed to be defensive against customer migration to non-affiliated suppliers at Columbus Southern Power.

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Detroit Edison Seeks to Defer Increased Revenue Requirement Caused by Electric Choice

Detroit Edison has asked the Michigan PSC to delay the recognition of the recent increase in electric choice in setting base rates in its newly filed rate case, assuming the Commission retains the Choice Invective Mechanism (CIM) with certain modifications

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SouthStar Energy EBIT Lower on Reduced Margins, Churn

AGL Resources' retail energy operations segment, consisting primarily of SouthStar Energy Services, reported a third quarter 2010 EBIT loss of $9 million, compared with a loss of $2 million in the third quarter of 2009.

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November 2
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.

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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

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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.

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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.

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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

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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.

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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

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Acceleration in TXU Customer Churn Continues

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.

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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

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FERC Refuses to Order Rebilling for NYSEG/NiMo Metering Errors

FERC denied requests from NYSEG to require the New York ISO to rebill certain charges dating back 10 years to correct metering errors ...

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Peoples Natural Gas Files to Offer Purchase of Receivables in Pennsylvania

Peoples Natural Gas has proposed offering a Purchase of Receivables program as part of its newly filed rate case with the Pennsylvania PUC

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Pepco, Delmarva File Updated Maryland SOS Rates

Pepco and Delmarva filed new Maryland residential and Type I SOS rates for the period beginning June 1, 2011, and new Type II SOS rates for the period beginning December 1, 2011.

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Kentucky LDCs Oppose Mandatory Gas Choice Program

The majority of local distribution companies in Kentucky argued that natural gas choice would not provide benefits to customers and opposed any mandate that LDCs offer a choice program, in post-hearing briefs in the Kentucky PSC's investigation of small volume choice

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Briefly (for 11/3)

• Superior Plus Reports Lower Gross Profit

• UGI Files Default Service Rates
• TEPA Offering Certified Electricity Professional Accreditation Testing at Annual Conference

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November 2

Maryland PSC Posts Electric Migration Statistics for September

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

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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

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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

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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.

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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.

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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.

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Dominion Retail EBIT Lower

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

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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.

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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.

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Energy Choice Matters, November 3, 2010

 

Energy Choice
                            

Matters