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Market Sources Expect Another ERCOT Mass Transition
ERCOT market observers are expecting another mass transition of customers to new retail providers, and this transition is likely to be a POLR drop rather than a transition outside of the POLR process, as was the case with Abacus Resources Energy earlier this month.
ICC Clarifies POR Order, Combines Class Uncollectibles into Single Discount Rate
The Illinois Commerce Commission has clarified its amendatory order on Commonwealth Edison's Purchase of Receivables program, confirming that administrative costs will not be recovered twice, and affirming that a single discount rate shall be applied to all customer classes
Pa. PUC Approves FirstEnergy-Allegheny Merger Without Additional Retail Market Conditions, Orders Investigation into Default Service
The Pennsylvania PUC approved, without additional retail market-related conditions, a non-unanimous stipulation authorizing the merger of FirstEnergy Corp. and Allegheny Energy
Planet Energy Receives Pa. Electric License Starion Energy PA Receives Pa. Electric License
• Luthin Associates Receives Pa. Broker License Direct Energy Says Texas Churn at Lowest Rate Ever Integrys Energy Services Reports Higher Electric Unit Margins PUCT Commissioners Wrestle With Minimum Balance Issue for Disconnections of Prepaid Service Briefly February 24 Interstate Gas Supply Acquires Accent Energy, Expanding Electric Service to Illinois, Pennsylvania PUCO Denies Duke Energy Ohio Market Rate Offer Application on Blending, Other Deficiencies Pepco Further Revises D.C. SOS Rates for Period Starting June 1, 2011 AEP Commercial & Industrial Retail Limited Partnership Withdraws Amendment to Become Option 1 REP Pa. PUC to Require All Gas POR Programs to Include All-In Requirement, Under Final Retail Gas Market Order
February 23 Champion Energy Offering Residential Service in N.J. Delaware SOS Pricing to Fall June 1, 2011 Reliant Margins, Bad Debt Lower Ameren Residential Competition "Effectively Closed" Due to Subsidized Electric Heating Rates, BlueStar Says Md. PSC Staff, North American Power Agree on $35,000 Payment, Remedial Measures to Resolve Complaint PSEG Forecasts Higher Migration in New Jersey Continuing in 2011 Texas RPS Carve-Out Would Cost $2.5 Billion, TXU Calculates ICC Staff Seek Issuance of Part 412 Consumer Protection Rule Language Prior to Exceptions Deadline Briefly February 22 Flash: Reliant Loses 9,000 Mass Market Customers in Q4 Constellation Energy Offering Residential Electric Service in Illinois, D.C. WGL Files Revised Tariff to Place Daily Required Volume Obligation on D.C. Competitive Gas Suppliers License Briefs First Choice Power Launches Updated Broker Portal with 24/7 Custom Pricing PUCO Names Vectren SCO Suppliers Coweta-Fayette EMC Natural Gas Seeks Waiver of Service Quality Metric to Implement New Gas Bill February 21 Conn. Draft Would Require Standard Service Price on All Bills, Delegate Consolidated
Billing Fees to Working Group Proposed First Notice Order on Illinois Marketing Rules Would Omit Post- Md. PSC Posts January Electric Migration Stats TXU's Burke: Too Early to Tell if ERCOT Price Spikes Will Change Competitive Retail
Pricing Superior Plus Reports Lower Gross Profit due to Residential Market Exits BlueStar Files Complaint Over Rescission Period in ComEd POR Tariffs February 18 PUCT Staff Seeks Commission Guidance on Threshold Prepay Issues Duke Energy Ohio Expects Flat Migration in 2011
• Taylor Consulting and Contracting Receives Authority to Serve Pa. Residential Customers
• Premier Power Solutions Receives Authority to Serve Pa. Residential Customers
• Power Brokers, LLC Receives Pa. Gas Broker License
• Pa. PUC Dismisses Empowered Consulting Broker Application as Deficient
Despite a 7% decline in total residential energy supply customers year-over-year, Direct Energy said that its Texas residential book saw improved retention, driving churn to its lowest ever level
Realized retail electric margins at Integrys Energy Services during the fourth quarter of 2010 improved to $24.9 million from $15.8 million a year ago
PUCT Commissioners discussed pending changes to rules applicable to prepaid electric service under Subst. R. 25.498 yesterday, though Commissioners did not vote on a final order
• PUCT Adopts Rule Clarifying ERCOT Oversight
• UI Reports Last Resort Service Supplier
• Powelson Named Pa. PUC Chairman
• Compete Releases Paper on Innovation in Electric Markets
Interstate Gas Supply has recently acquired Accent Energy, Interstate Gas Supply disclosed in applying for an Illinois alternative retail electric supplier license.
In an unsurprising order, the Public Utilities Commission of Ohio found that Duke Energy Ohio's proposed Market Rate Offer filing did not meet statutory criteria, due to its proposed two-year blending process, and found that the case can not move forward as filed.
Pepco has filed further revisions to its SOS rates for District of Columbia customers for the period beginning June 1, 2011
• Veteran Energy Receives Texas REP Certificate
• AP Electric Relinquishes Texas REP Certificate
More than one month after voting on the final rules, the Pennsylvania PUC has served on parties a final written order concerning the competitive retail gas market, addressing issues such as the Price to Compare, Purchase of Receivables, and capacity release
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.
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 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.
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.
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.
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.
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
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
• Aggie Energy to Offer Partial Renewable Products
• Md. Bill Would Require Proration of Termination Fees
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 has begun offering residential electric service at Commonwealth Edison in Illinois.
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
• 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 has launched version 2.0 of its backoffice portal for brokers and other indirect sales channels, to further reduce the administrative burden on brokers
The Public Utilities Commission of Ohio reported the winning bidders from the recent Vectren Energy Delivery Standard Choice Offer (SCO) auction.
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
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
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
The Maryland PSC has posted electric
migration statistics for the month January 2011. Migration was a tick slower at
BGE
It's "too early to tell" if the weather-
Superior
Plus' fixed-
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."
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 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 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.
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