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Flash: TXU Loses 29,000 Residential Customers Versus Sept. 30, 2010
TXU Energy's residential
customer count stood at 1.771 million as of December 31, 2010, representing a net
loss of 29,000 residential customers versus September 30, 2010, parent Energy Future
Holdings reported in a 10-
PUCT Staff Seeks Commission Guidance on Threshold Prepay Issues
PUCT Staff have asked
that the Commission address several threshold policy issues regarding prepaid electric
service at the February 24 open meeting to inform Staff's development of a formal
proposal for adoption regarding revised Subst. R. 25.498
Duke Energy Ohio Expects Flat Migration in 2011
Duke Energy Ohio reported during an
earnings call that electric migration levels in its territory have stabilized, and
that it does not anticipate much incremental migration in 2011.
Briefly
Interstate Gas Supply Seeking Maryland Electric License
CRA International Reports Winning FirstEnergy Ohio SSO Bidders
World Energy Solutions Reports Q4 Profit
FERC Increases Retail Electric Costs with ISO-
In another
decision which will increase retail customers' electric bills, FERC has adopted changes
to the calculation of the Peak Energy Rent strike price in ISO New England, which
will essentially increase the capacity costs borne by load versus the current mechanism
FERC Rehearing Order Limits Corporate Families to $50 Million Unsecured Credit in
RTOs
FERC granted limited rehearing on its October RTO credit reforms order, eliminating
the prior provision allowing corporate families to use up to $100 million in unsecured
credit, while limiting other stakeholders to $50 million
FERC Issues NOPR to Increase Compensation to Fast-
FERC yesterday issued a Notice of Proposed Rulemaking (RM11-
February 17
Penn Power Submits Tariff for New POR Program, Makes Other Coordination Tariff Changes
Consistent
with an earlier default service plan settlement, Penn Power submitted a revised supplier
coordination tariff at the Pennsylvania PUC to implement a non-
PECO Posts Price to Compare Information for Period Beginning April 1, 2011
PECO has
posted updated actual Prices to Compare for average customers for the period April
1, 2011 through June 30, 2011.
Energy Plus Holdings, LLC Begins Offering Residential Service at ComEd
Energy Plus
Holdings, LLC has begun offering residential and commercial electric service at Commonwealth
Edison
FirstEnergy Solutions Increases Share of Sales at Affiliated Ohio Utilities to 81.4%
FirstEnergy
Solutions increased its share of sales in its affiliated franchised utility territories
in Ohio to 81.4%, FirstEnergy Corp. disclosed in reporting fourth-
Briefly
Exelon's ExTex Retail Services Receives Option 1 Texas REP Certificate
ComEd Reports 2,800 Residential Customers on POR in First Month
TXU Energy Increases Cash-
ERCOT Posts Updated List of Forced Outages
Pa. PUC: Suppliers Obligated to Provide Accurate Pricing Info in All Materials, Including
on PA Power Switch
In a Secretarial letter concerning the PA Power Switch website,
the Pennsylvania PUC reminded electric generation suppliers, "that they are obligated
to provide accurate pricing information in all marketing materials pursuant to 52
Pa. Code 54.7.".
Pa. PUC Finds Monthly Variable Products from Suppliers Are Exempt from Budget Billing
Requirement
Pennsylvania electric generation suppliers, "are exempt from the budget
billing obligation when offering dynamically-
Commonwealth Court Supersedeas Allows Pa. Customers to Restrict All Information from
Customer Lists
Supersedeas will not impact other provisions of the PUC's November
customer list order
Dynastar Ventures Acquires My Affordable Energy, LLC
Dynastar Ventures, Inc. said
yesterday that it has entered into an agreement to acquire My Affordable Energy,
LLC, a Texas-
February 16
ARM Protests Use of AEP Retail Energy Trade Name in Texas Mass Market
The
Alliance for Retail Markets has filed a protest against AEP Texas Commercial & Industrial
Limited Partnership's application to become an Option 1 REP in Texas, arguing that
the use of the certificated trade name "AEP Retail Energy" in the mass market would,
"result in customer confusion and adversely impact competition ..."
ICC Staff Seeks Status Quo for ComEd POR Until Discount Rate Clarified
ICC Staff have
filed an emergency motion for clarification of the ICC’s February 9 Amendatory Order
regarding Commonwealth Edison's Purchase of Receivables order, asking that the current
discount rate continue to apply until the ICC clarifies several conflicting statements
in the amendatory order regarding the discount rate
Connecticut Light & Power Reports January Migration Stats
Connecticut Light & Power
has posted migration statistics for the month of January 2011
United Illuminating, Connecticut Light & Power Post Updated Last Resort Service Rates
United
Illuminating and Connecticut Light & Power have filed updated Last Resort Service
rates for the three-
Pepco Further Revises D.C. SOS Rates for Period Starting June 1, 2011
Pepco has filed
further revisions to its proposed SOS rates in the District of Columbia for the period
beginning June 1, 2011, to reflect revised cash working capital costs included in
the rates
Smitherman: ERCOT Market Design Contains Correct Incentives
PUCT Chairman Barry Smitherman,
during a Texas Senate hearing on the rolling outages earlier this month, said that
ERCOT's current market design sends the correct signals to plants to be online when
needed most, so plants can take advantage of any potential scarcity pricing which
results during shortages
Briefly
• Md. PSC Sets Hearing on Price to Compare Calculation
• MJSA Endorses Constellation
Energy As Supplier
• Constellation Acquiring Solar Project from Community Energy
•
FERC Denies 60-
February 15
BlueStar Files Complaint Against ComEd/Ameren Regarding Lack of Purchase
of Uncollectibles
BlueStar Energy Services has filed a complaint against Commonwealth
Edison and Ameren at the Illinois Commerce Commission seeking an order finding that
the utilities have violated 220 ILCS 5/16-
Pa. Proposed Marketing Rules Change Verification Requirements, Include New Rules
for Agent Compensation
Pennsylvania's proposed new electric and gas supplier marketing
rules eliminate the requirement for sales not resulting from contact with an agent
to be verified, and uses new language regarding the requirement that verification,
when required, is not conducted in the presence of the agent
MXenergy Reports Higher Earnings, Higher Customer Churn for Quarter Ending December
31
MXenergy reported higher net income of $25.7 million for the three months ending
December 31, 2010, versus $18.2 million a year ago, as well as higher Adjusted EBITDA
of $22.0 million versus $20.8 million a year ago, on higher electric gross profit
and customer growth versus the year-
Briefly
• Oasis Energy Begins Offering Residential Service at PPL
• Viridian Formally
Launches ConEd Service
• Nstar Reports Lower Basic Service Rates
• West Penn Power Seeks to End Default Service
Wind REC Product
• EFH Expects $30 Million Negative Impact from Offline Plants
• Empiric
Marketing & Sales Withdraws Pa. Prepaid Petition
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PUCT Staff Opposes Letter of Credit Waiver Sought by Clearview
PUCT Staff, in responsive
testimony, has recommended that the Commission not grant Clearview Electric a waiver
of the letter of credit requirements of Subst. R. 25.107, stating that Clearview
has not established good cause for a waiver
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Texas Coalition for Affordable Power Says Texas Prices Higher Under Deregulation
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for More
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