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Champion Energy Offering Residential Service in N.J.
Champion Energy Services is now serving deregulated residential electric customers in the Jersey Central Power & Light and Public Service Electric and Gas Company service areas in New Jersey.
Delaware SOS Pricing to Fall June 1, 2011
The average winning bid for Residential and Small Commercial and Industrial SOS service in Delmarva Power's Delaware service territory, for three-year tranches beginning June 1, 2011, was $85.89, Vantage Energy Consulting LLC reported yesterday.
Reliant Margins, Bad Debt Lower
Reliant Energy reported adjusted EBITDA for the quarter ending December 31, 2010 of $117 million, up from $104 million a year ago, on lower operating costs primarily due to better customer payment habits and attendant decrease in bad debt expense.
Ameren Residential Competition "Effectively Closed" Due to Subsidized Electric Heating Rates, BlueStar Says
Competition against Ameren’s residential retail electric rates is "effectively closed" due to the subsidization of electric heating customers, BlueStar Energy Services said in comments to the ICC.
Md. PSC Staff, North American Power Agree on $35,000 Payment, Remedial Measures to Resolve Complaint
Maryland PSC Staff have recommended that North American Power and Gas, LLC make a payment of $35,000 to the Fuel Fund of Central Maryland, Inc., along with undertaking various remedial measures, to resolve Staff's complaint against the retail supplier.
PSEG Forecasts Higher Migration in New Jersey Continuing in 2011
The migration of customers away from Basic Generation Service negatively impacted PSEG Power's earnings by about $5.1 million in the fourth quarter of 2010 versus the year-ago quarter, parent Public Service Enterprise Group said yesterday.
Texas RPS Carve-Out Would Cost $2.5 Billion, TXU Calculates
A Texas proposal for publication for a 500 MW non-wind RPS carve-out would cost $2.5 billion over the life of the proposal, TXU Energy said in comments to the PUCT
ICC Staff Seek Issuance of Part 412 Consumer Protection Rule Language Prior to Exceptions Deadline
Illinois Commerce Commission Staff have asked the Commission to suspend an exceptions deadline contemplated by a proposed First Notice Order regarding electric consumer protection rules, so that parties may have the benefit of actual rule language when drafting exceptions
Briefly
• Aggie Energy to Offer Partial Renewable Products
• Md. Bill Would Require Proration of Termination Fees
February 22
Flash: Reliant Loses 9,000 Mass Market Customers in Q4
Reliant Energy lost 9,000 net mass market customers during the quarter ended December 31, 2010 versus its total as of September 30, 2010, a significant improvement from the two most recent quarters, parent NRG Energy said in reporting earnings this morning.
Constellation Energy Offering Residential Electric Service in Illinois, D.C.
Constellation Energy has begun offering residential electric service at Commonwealth Edison in Illinois.
WGL Files Revised Tariff to Place Daily Required Volume Obligation on D.C. Competitive Gas Suppliers
Washington Gas Light has filed revised District of Columbia tariff changes to several interruptible rate schedules, which WGL said are designed to ensure that competitive service providers (CSPs) pay their "fair share" of interruptible balancing charges
License Briefs
• Hawk Energy Corp. Seeks Pa. Electric License
• Online Broker CurrentChoice, Inc. Seeks Illinois License to Serve Residential Customers
• NetGain Energy Advisors Seeks Illinois ABC License
• Mablock Consulting Seeks Illinois ABC License
• Resource Energy Systems Seeks Pa. Broker License
First Choice Power Launches Updated Broker Portal with 24/7 Custom Pricing
First Choice Power has launched version 2.0 of its backoffice portal for brokers and other indirect sales channels, to further reduce the administrative burden on brokers
PUCO Names Vectren SCO Suppliers
The Public Utilities Commission of Ohio reported the winning bidders from the recent Vectren Energy Delivery Standard Choice Offer (SCO) auction.
Coweta-Fayette EMC Natural Gas Seeks Waiver of Service Quality Metric to Implement New Gas Bill
Competitive gas marketer Coweta-Fayette EMC Natural Gas (EMC Natural Gas, Inc.) has petitioned the Georgia PSC for a waiver of the Service Quality Standards for Certificated Marketers relating to call center service levels
February 21
Conn. Draft Would Require Standard Service Price on All Bills, Delegate Consolidated
Billing Fees to Working Group
A draft DPUC decision would require electric distribution
companies (EDCs) to list the applicable Standard Service rate on all utility bills,
even utility consolidated bills with supplier charges, and would also require EDCs
and suppliers to complete customer enrollments and pricing changes during the middle
of the billing cycle
Proposed First Notice Order on Illinois Marketing Rules Would Omit Post-
An Illinois ALJ has issued a proposed First Notice Order concerning
electric supplier consumer protection and marketing standards, which would, among
other things, eliminate the earlier proposal granting customers the ability to cancel
a contract, without incurring a termination fee, up to 10 business days after receiving
their first bill
Md. PSC Posts January Electric Migration Stats
The Maryland PSC has posted electric
migration statistics for the month January 2011. Migration was a tick slower at
BGE
TXU's Burke: Too Early to Tell if ERCOT Price Spikes Will Change Competitive Retail
Pricing
It's "too early to tell" if the weather-
Superior Plus Reports Lower Gross Profit due to Residential Market Exits
Superior
Plus' fixed-
BlueStar Files Complaint Over Rescission Period in ComEd POR Tariffs
BlueStar Energy
Services has filed a complaint for expedited declaratory relief at the Illinois Commerce
Commission, seeking a declaration that Commonwealth Edison's recently filed Purchase
of Receivables tariff, "does not conflict with, and is not intended to, override
an existing administrative rule."
February 18
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
February 15
BlueStar Files Complaint Against ComEd/Ameren Regarding Lack of Purchase
of Uncollectibles
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