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Just Energy U.S. Electric Margin Lifts Adjusted EBITDA
Just Energy Income Fund reported higher Adjusted EBITDA of $39.4 million, versus $36.6 million a year ago (all figures Canadian), on higher gross margin from U.S. electric sales.
Commerce Energy Georgia Re-
Commence Energy has submitted an updated status report to the Georgia PSC on its
re-
U.S. Appeals Court Affirms Dismissal of Suit Against Stream Energy
The Eleventh Circuit U.S. Court of Appeals has affirmed a lower court's decision to dismiss a lawsuit against Stream Energy and affiliated companies (collectively, Stream), finding that the contract which the plaintiff, Perry Betts, had with Stream's marketing arm Ignite was not unenforceable merely because of an illusory promise of arbitration
Smitherman Cites Cost Concerns on SPP Transmission
PUCT Chairman Barry Smitherman has proposed that the Commission open a project to receive comments from interested parties on how the Commission or Southwest Power Pool rules should address limiting the burden on Texas ratepayers
Sempra Records Charge of $139 Million for Write-
Sempra Energy's commodity operations recorded a loss of $134 million in the third quarter of 2010, compared with earnings of $75 million in the third quarter of 2009.
November 8
Maryland PSC Opens Investigation of Licensing Independent Contractors,
Other Channels
The Maryland PSC will consider whether persons selling electricity or gas on behalf of electricity and gas brokers or suppliers licensed in Maryland, but not directly employed by the licensed brokers or suppliers, should be licensed.
Briefly: ComEd Reports Weighted POR Uncollectibles Factor
• Dynegy Narrows Loss on Lower Impairment Charges
• Acclaim Energy Advisors Opening
Ohio, New Jersey Offices
Lateef to Place Ownership of dPi Energy in Trust
Zahed "Ed" Lateef, owner of dPi Energy, LLC, intends to divest 100% of the ownership of dPi held by members of the Lateef family so that dPi Energy can receive an amendment to its REP certificate which is currently being contested by Staff ...
November 8
Dominion Retail, Stream Energy, Verde Energy Launch PECO Residential Offers
Dominion Retail, Stream Energy, and Verde Energy USA Inc. have announced pricing for residential electric supply at PECO. Stream also released pricing at PPL.
Champion Energy to Start Offering Residential Service at ComEd in January
Champion Energy, LLC said that it intends to start offering residential electric service to customers at Commonwealth Edison starting in January 2011
IDT to Pursue Spin-
IDT Corporation's Board of Directors has directed management to pursue a spin-
DPUC Issues Notice of Violation to Starion, Intends to Assess $70,000 Fine
The Connecticut DPUC issued a Notice of Violation and Assessment of Civil Penalty
against Starion Energy for what the Department said were violations of Connecticut
General Statutes §§ 16-
Brighten Energy, TXU Affiliate, Receives Pennsylvania Electric License
The Pennsylvania PUC granted Brighten Energy LLC, a subsidiary of Energy Future Holdings and affiliate of TXU Energy, an electric supplier license
Hess Small Business Services Expanding to Upstate New York, Additional New Jersey Territories
Hess Small Business Services is expanding its electric and natural gas marketing to small commercial customers in upstate New York and additional parts of New Jersey
• TES Energy Services Seeks Pa. Broker License
• Capital Energy Seeks Pa. Broker License
• KOREnergy Seeks Pa. Broker License
• Winstar Solutions Seeks Pa. Broker License
• Lantern Properties Seeks Texas Aggregation License
• Option One Energy Seeks Illinois ABC License
• FirstEnergy Solutions Not Signing Opt-
• Gateway Enrolls 10,000 in Military Discount Plan
• World Energy Transacts 1.5 Billion kWh in Pa.
• MXenergy Launches New Website
• Bolton, Conn. Enters Marketing Agreement with Direct Energy
• Shelk: Lack of Penalty in FERC Audit of Entergy Disturbing in Light of Other Cases
November 9
South Jersey Energy Company Reports Higher Adjusted Earnings
South Jersey Energy Company reported adjusted earnings of $400,000 for the third
quarter of 2010, versus break-
TXU, OPC Oppose Redesign of TNMP Customer Charge
TXU Energy and the Office of Public Utility Counsel separately opposed Texas-
IURC Approves NIPSCO Settlement, NIPSCO to Maintain Current Market Practices Pending Code of Conduct
The Indiana Utility Regulatory Commission approved without modification a unanimous settlement in the gas rate case of Northern Indiana Public Service Company which requires NIPSCO to not alter its current market practices and policies in connection with its competitive products ...
November 8
Pa. PUC Still Looking at Whether Third Party Contractors Require License
The Pennsylvania PUC has extended the period for its consideration of whether third party contractors who conduct marketing and sales activities on behalf of licensed electric generation suppliers (EGSs) and natural gas suppliers (NGSs) should also be licensed
BGE Files New Type II SOS Rates
Baltimore Gas & Electric filed with the Maryland PSC new Type II SOS rates for the
three-
• Oasis Energy Seeking Pennsylvania Gas License
• GearyEnergy Seeking Maine, Ohio Electric Licenses
• Meadville “Blindsided” by Declaratory
Order Petitions Filed by Retail Suppliers
• Texas ALJ Won’t Act on Dallas REP Certificate
Rehearing Request
• MXenergy Advertising Via Cable VOD
November 5
Pa. PUC Approves PECO Gas POR, Leaves Uncollectibles in Base Rates
The Pennsylvania PUC has approved PECO's natural gas Purchase of Receivables program as recommended by an ALJ, with uncollectibles associated with both competitive supply and sales service remaining in base rates
Pa. PUC Approves Supplier Marketing Guidelines, Allows Door-
The Pennsylvania PUC said that it has approved interim guidelines for marketing and sales practices for electric generation suppliers and natural gas suppliers
Pa. PUC Approves POR at T. W. Phillips Gas, Upon Supplier Request
The Pennsylvania PUC approved a settlement in T. W. Phillips Gas and Oil Co.'s rate case under which T. W. Phillips will institute a Purchase of Receivables program upon the request of competitive suppliers
Energy Choice Matters, November 10, 2010
