In an op-ed published by CityLimits.org, New York Assemblyman James Brennan said that the "clear answer" to excessive profits made by unregulated power generators under the New York market design is to "re-regulate the price of electricity."
The Pennsylvania PUC has issued a tentative order proposing to reduce the bonding requirements after the initial year of licensure for an electric generation supplier, stating that the current requirements, "may present a barrier to entry,"
The Michigan bill (House Bill 5184) to expand electric choice to all customers also includes provisions requiring purchase of receivables, permitting opt-out municipal aggregation, and requiring utilities to no longer own generation.
Staff of the Public Utilities Commission of New Hampshire have recommended that Public Service Company of New Hampshire's forecast 2014 default energy service rate be increased to reflect the removal of credits relating to Regional Greenhouse Gas Initiative (RGGI) rebates.
Arizona Corporation Commissioner Bob Burns has suggested a series of workshops and topics to be addressed in a docket addressing potential impacts to the current utility model resulting from innovation and technological developments in generation and delivery of energy
State Senator Wendy Davis, the presumptive Democratic nominee in the 2014 Texas gubernatorial election, said in a letter to Public Utility Commission of Texas Chair Donna Nelson that, "the PUC must not make any changes to the electricity market that would burden hardworking Texas families and the businesses that employ them with billions of dollars in additional costs that such a shift might cause."
The Pennsylvania PUC adopted in a final order a revised settlement with an EGS which includes a $22,000 fine to resolve 22 allegations of slamming, and includes a cap and other prohibitions on early termination fees.
An initial decision from a Pennsylvania ALJ would deny a customer complaint against Ambit Northeast, LLC d/b/a Ambit Energy concerning variable rate disclosures, but would refer the language back to PUC Staff, as the customer's confusion, "may indicate a need to review the approved disclosure language."
DTE Gas (MichCon) has scaled back certain elements of its proposal to require alternative gas suppliers to post rates to a utility-run rate comparison website, but suppliers and Michigan PSC Staff raised concerns with several remaining proposals.
The Public Utilities Commission of Ohio granted AEP Ohio a waiver of its corporate separation plan to allow it to retain contractual entitlements from generating resources owned by Ohio Valley Electric Corporation (OVEC), as other owners of OVEC have not consented to the assumption of these entitlements by AEP Generation Resources, Inc.
A retail supplier would pay $59,000 under a settlement with the Pennsylvania PUC's Bureau of Investigation and Enforcement (I&E) to resolve an investigation into alleged slamming, Do Not Call violations, and other marketing violations.
In a filing rich with irony, a group of ESCOs have claimed that a New York order on the cost recovery mechanism for transmission projects meant to ensure reliability in the face of a potential shut down of the Indian Point nuclear plant, "will discriminate against competitive ESCOs."
Direct Energy has asked the Public Utilities Commission of Ohio to "look closely" at transactions between Duke Energy Ohio and Duke Energy Retail Services (DERS) [sic] after an audit identified an error concerning a journal entry related to a REC sale.
A proposed phase-in of the new G-J local capacity zone in the New York ISO, as formally proposed at FERC by NYISO last week, won't completely shield ESCOs and customers from rate shock associated with spiked capacity prices from the new zone, an analysis by NYISO shows.
Xpress Natural Gas announced plans to partner with a retail supplier to deliver compressed natural gas (CNG) to off-pipeline industrial and commercial businesses and institutions in the State of New York.
The New Jersey BPU has provided an incentive for electric and gas utilities to keep customers in arrears on utility consolidated billing, and therefore in the POR program, instead of dropping customers to dual billing, as is standard practice.
The fiction that without a mandated reserve margin ERCOT is going to drop to about an equilibrium 9% reserve margin -- the unsupported narrative offered by the Brattle report -- was derided by Texas Senators given that 14 years of operation of the energy-only market have never seen anything come close to this phantom "equilibrium."
During yesterday's hearing at the Texas Senate, Donna Nelson, Chair of the Public Utility Commission of Texas, and PUCT Commissioner Brandy Marty both emphasized that, if Texas ultimately adopted a capacity mandate, the design would be unique to Texas.
An, "unexpected increase in PJM ancillary service and RPS compliance costs," negatively affected profitability at Washington Gas Energy Services, parent WGL Holdings recently said in reporting earnings.
The Connecticut PURA issued a final order regarding RPS compliance for the year 2010 which denies the request of three retail suppliers to demonstrate compliance with the RPS requirements through RECs that were not settled in the Connecticut Subaccount in GIS, in lieu of paying the higher alternative compliance payment.
The Public Utilities Commission of Ohio has released the identities of winning bidders from the October auction which procured 10% of Dayton Power & Light Standard Service Offer supplies for the period January 1, 2014 through May 31, 2017.
• Dynegy Receives Final Approval for Acquisition of Ameren Plants, Retail Supplier
• Texas Draft Would Set REP Deposit Interest Rates
• FERC Report Details $304 Million in Fines for Market Manipulation, Other Actions
Despite two years of dire warnings about blackouts and capacity owners "talking down" Texas' business climate, Texas cities continue to catch the attention of national business and economic publications for their economic strength and job creation, taking top marks in recent rankings by Forbes and The Business Journals, Gov. Rick Perry's office noted yesterday.
A retail supplier has launched a new direct mail offer for residential electricity customers at National Grid in Massachusetts, noting the recent nearly 40% increase in the utility's basic service rate.
A company said yesterday that it is the first market participant to offer demand response resources the ability to participate in the PJM Interconnection Synchronous Reserve (SR) Market as "flexible" resources
The combination of sustained low margins and continued new entry by retail suppliers is leading to an unsustainable market climate, several executives said during The Energy Professionals Association's (TEPA) annual conference last Thursday.
The New York PSC reinstated an ESCO's ability to conduct door-to-door marketing, but placed the supplier on probation during which time any UBP marketing violations may subject the ESCO to immediate revocation of its authority
Direct Energy, a supporter of a centralized capacity market in Texas, has warned business customers in ISO New England that this winter customers will be subject to, "additional costs associated with procuring backup generation [that] will result in higher electricity bills during these months."
America's Natural Gas Alliance, representing independent natural gas exploration and production companies with operations in Texas, has said that it would be "premature" for the Public Utility Commission of Texas to adopt a mandated reserve margin
Parties have informed the Public Utility Commission of Texas that they have reached an agreement in principle in the rate unbundling proceeding for Sharyland Utilities, L.P., covering the Stanton, Colorado City, Brady, and Celeste divisions which are being transitioned to retail choice.
The Pennsylvania PUC adopted a non-unanimous settlement which authorizes the merger of Peoples Natural Gas and Equitable Gas, and related transactions, and contains various measures to improve the retail market.
The Ontario Energy Board announced an intention to issue an order requiring a retail supplier to comply with a number of enforceable provisions and to pay an administrative penalty in the amount of $60,000 (all $ Canadian), "for breaches of enforceable provisions."
The Public Utilities Commission of Ohio has adopted a schedule delaying the start of a transition to fully auction-sourced default service at AEP Ohio, but which leaves unchanged the time at which 100% of default service will be auction-based.
The Public Utilities Commission of Ohio yesterday rejected AEP Ohio's request to expand the rate impact caps applicable to rates under its electric security plan, but also said it could not yet adjudicate many issues with regard to the rate impact from the transition to auction-based default service, and sought more information before ruling on additional issues.
"Having been present since day one of the current market structure, I can assure you that the legislature designed the energy only market for good reason," Texas State Senator Troy Fraser said in a November 13 letter to Donna Nelson, Chair of the Public Utility Commission of Texas
The Public Utilities Commission of Ohio released the names of the winning bidders from the FirstEnergy Ohio utilities' recent auction to procure default service supplies for various terms starting June 1, 2014.
A retail supplier announced that it has been awarded a power supply agreement by the City of Chicago to serve certain municipal properties that will be sourced entirely from non-coal generation facilities.
The retail supply business was not even a secondary consideration of NRG Energy in deciding to enter an agreement to acquire Edison Mission Energy, NRG CEO David Crane said on an earnings call yesterday, but the acquisition would allow NRG to take a "slightly harder" look at the municipal aggregation market in Illinois, which to date it has eschewed.
Actions undertaken by NRG Energy belie its claims that the energy-only market does not support investment in new capacity and that the energy-only market does not provide economically viable returns, retail provider Source Power & Gas LLC said in comments to the Public Utility Commission of Texas.
Several coalitions representing end users and industrial customers have filed a complaint at FERC regarding what complainants argue are "unjust and unreasonable" transmission rates in the Midwest ISO due to the currently used Base Returns on Equity as well as various adders.
Staff of the Public Utility Commission of Texas have filed a draft proposal for adoption that would, consistent with recent legislation, require retail electric providers to send a copy of a disconnection notice to municipalities when ordering the disconnection of certain multi-family dwellings.
Calpine, which spent much of an earnings call pressing for a centralized capacity market as the mechanism to meet a mandated reserve margin in Texas, continues to describe new physical capacity investments clearing the PJM capacity market as "questionable" and, "unlikely to be completed."
Continued competitive pressures," in the retail electric market have challenged the recovery of marketing costs, Integrys Energy Group said in a presentation released in conjunction with quarterly earnings today.
Starion Energy PA. Inc. and the District of Columbia Office of the People's Counsel said that they have reached a settlement in principle regarding a PSC investigation into Starion's business and solicitation practices, and asked that a hearing be suspended to allow the settlement to be finalized.
Several Pennsylvania utilities have petitioned the Pennsylvania PUC for approval of a default service plan (DSP) for the period June 1, 2015 to May 31, 2017 that would rely on contracts lasting 24 to 48 months to serve nearly 50% of residential and commercial default service load.
Dominion Retail expects the currently "very, very competitive" retail market climate to stabilize and allow for growth with the looming coal plant retirements owned by various competitors in the space.
"[O]ur competitive operations have been challenged, not by operational performance, but by capacity and energy markets that do not support investment in, or in some instances the operation of, generating units," FirstEnergy CEO Anthony Alexander said yesterday during an earnings call.
Several Texas retail electric providers have warned the Public Utility Commission of Texas that introducing retail choice to Sharyland Utilities' former Cap Rock service areas during the summer -- if a rate case schedule does not permit a May 1, 2014 transition to competition as originally contemplated -- could produce "rate shock" and, "misplaced criticism of retail competition."
Texas-New Mexico Power Company has filed at the Public Utility Commission of Texas revisions to Rider HCRF - Hurricane Cost Recovery Factor, in order to terminate collection of such approved Hurricane Ike restoration recovery costs prior to any over-collection.
Direct Energy has expanded its previously launched Free Saturdays electricity plan in Texas (originally only offered in connection with prepaid service), and is now offering Free Saturdays as part of a 12-month or 24-month plan with a fixed charge in the non-free hours.
A QSE would pay $12,500 under a settlement with Staff of the Public Utility Commission of Texas to resolve Staff's investigation for alleged failure to deploy its Emergency Interruptible Load Service (EILS) load resources within ten minutes
Sharyland Utilities has posted a list of retail electric providers which will be assigned customers who do not make a choice of REP prior to the introduction of retail choice to the former Cap Rock service areas on or about May 1, 2014.
Energy Future Holdings Corp., the parent of TXU Energy and 4Change Energy, continued to cut the net rate of residential customer churn for the second consecutive quarter, Energy Future Holdings disclosed in a 10-Q filed this morning.
Maryland SOS residential customers are forecast to see significant declines in supply rates for the June 2014-May 2015 period, based on results from the October 2013 procurement, PSC Staff said in an auction report.
An ESCO asked the New York PSC, in light of a remediation and compliance program, to enter an order reinstating its eligibility to conduct door-to-door marketing in New York, citing the, "deleterious financial impacts on the [c]ompany," from a prior suspension of the ESCO's eligibility to conduct door-to-door sales.
Consumers Energy issued a news release this morning stating that, "With the winter heating season starting, Consumers Energy has returned to its position of having the lowest natural gas price of any Michigan energy provider.
Exelon, the self-proclaimed leader in "competitive" generation, told investors that it will continue to pursue victories -- not in the marketplace but before the courts, regulators and legislators -- to "support our pricing" of its competitive generation assets.
Pennsylvania PUC Chairman Robert Powelson used a keynote address at the National Energy Marketers Association fall leadership roundtable to "call out" AARP for what he called "intellectually dishonest" scare tactics.
Pennsylvania PUC Chairman Robert Powelson, speaking at the National Energy Marketers Association fall leadership roundtable, touted the record of the PUC's adopted retail market enhancements, citing, in particular, the experience with the standard offer customer referral program.
• FERC Dismisses Retail Suppliers' Concerns Over Capacity Obligations
• Draft Would Approve Sonoma Clean Power Authority Community Choice Aggregation Service Agreement
• SaveOnEnergy.com Launches New Site Design
ConEdison Solutions has issued a white paper examining the increasing use of pass-throughs in retail electric contracts for a host of components, including capacity, NITS, and Reliability Must-Run contracts, likening the increased reliance on pass-throughs to the "baggage fees" deplored by air travelers everywhere.
The New York ISO has asked FERC for rehearing of the Commission's earlier decision to establish a new capacity zone (the G-J Locality or Lower Hudson Valley zone) on May 1, 2014, for the purpose of allowing a phase-in of the new capacity zone to avoid potential "rate shock."
• North American Power Formally Launches Rewards Program
• Priority Power Management Selected to Provide On-Site Power Generation Solution to Atlantic Midstream
• ERCOT Files Operating Reserves Demand Curve Backcasts with Higher Value of Lost Load
• From the Archives: ChooseEnergy.com Expanding to Maryland
A bill backed by retail electric suppliers has been introduced into the Pennsylvania Senate to auction off default service electric customers to retail electric generation suppliers (EGS), and transition default service to a pure backstop service.
• Clear Energy Inc. Receives License in New State
• Avion Energy Group Receives License in New State
• Rosenthal Energy Advisors Receives License in New State
• Harvey Zupnik Ltd. Receives License in New State
Perry Capital, LLC and CarVal Investors, LLC filed comments with the Public Utility Commission of Texas yesterday stating that a, "properly designed forward capacity market is the most efficient mechanism to both achieve mandatory reserve margin requirements and satisfy [sought] fundamental principles."
Apparently desperate for independent corroboration for a specific capacity market design not supported by any stakeholder aside from capacity owners, Texas capacity owners, in comments filed yesterday with the Public Utility Commission of Texas, misstated the publicly stated position of ERCOT's Independent Market Monitor (IMM) regarding a forward capacity market.
The Dallas Business Journal has published a great interview with John Werner, President of Source Power & Gas, in which Werner warns that granting capacity payments to capacity owners in ERCOT would allow those capacity owners who also own REPs to, "use that money to undercut me and Source Power and Gas and others to the point where we go out of business."
Emission Information (EI) said that it has been engaged by NRG Residential Solutions to develop a mobile app called the NRG Clean Power Advisor that delivers local, hourly emission intensity comparisons from electricity use.
After an October 8 technical conference failed to reach a consensus, the Massachusetts DPU has set forth a schedule for additional briefing of remaining outstanding issues regarding the implementation of electric purchase of receivables.
A formal complaint filed with the Public Utility Commission of Texas has taken on additional significance because one of the key allegations from the customer concerns the average pricing methodology quoted in the Electricity Facts Label for a Time of Use product.
OneRoof Energy said that a subsidiary of GDF SUEZ Energy North America (GSENA) has purchased a minority position in OneRoof Energy, Inc. and agreed to explore development of new products and customer acquisition strategies.
• ChamberChoice, OnDemand, FirstEnergy Solutions Expand Friends and Family Program
• Source Power & Gas Launches Online Enrollment for Small Businesses
• PSC to Allow Comment on Changes to Choice Program (Changes Include Staff Review of Pricing, Mandatory Rate Board)
NRG Energy, Inc. has entered into a plan sponsor agreement with Edison Mission Energy (EME), certain of EME's subsidiaries, the unsecured creditors committee, certain of EME's unsecured noteholders, and other parties to acquire substantially all of the assets of EME, including its equity interests in certain of its subsidiaries, for an aggregate purchase price of ...
Staff of the Public Utility Commission of Texas have filed a draft proposal for publication to amend the REP certification rules to, among other things, provide an additional basis for the suspension or revocation of a REP certificate.
GDF SUEZ Energy North America, Inc. has proposed increasing the Value of Lost Load (VOLL) used to create the Operating Reserve Demand Curve (ORDC) in ERCOT due to what GDF called "unintended consequences" of the use of the cumulative distribution function to design the curve.
FERC approved a settlement between its Office of Enforcement (Enforcement) and Exelon Corporation to resolve an investigation into Constellation Energy Commodities Group's (CECG's) alleged submission of inaccurate information.
The Madison Square Garden Company and an ESCO announced a new, multi-year marketing partnership, under which the ESCO will be the first-ever Official Gas and Electric Energy Partner of the New York Knicks and an Official Partner of Madison Square Garden.
A group of retail suppliers filing as the Consortium of Concerned ESCOs has petitioned the New York PSC to resolve, "discriminatory pricing practices and inequitable and anticompetitive policies regarding the allocation and access to all gas capacity assets," at KeySpan New York and KeySpan Long Island (National Grid).
The New York PSC found that remedial measures taken by an ESCO have reduced customer complaints concerning marketing, but because the measures have not yet been proven in the long-term, the PSC ordered that the ESCO's decision to suspend direct marketing to residential customers should be extended until further Commission action.
The Pennsylvania PUC approved, without substantive modification, separate settlements with AP Gas & Electric (PA), LLC, d/b/a APG&E, and with IDT Energy, Inc., concerning various alleged violations of marketing and customer protection provisions.
The Michigan PSC has directed Cloverland Electric Cooperative to allow MPI Acquisition, LLC to purchase electric supply from a competitive supplier in an amount which does not exceed the 10% statutory cap, but which also does not fully serve MPI Acquisition's load.
Consumers Energy has sought Michigan PSC approval to conduct an auction to meet its reserve requirements for the Midwest ISO Planning Year 2016 and determine if certain capacity acquisitions can achieve a net reduction in PPA, fuel and labor costs for MISO Planning Years 2014 and 2015.
Maine should not extend LMP-based monthly variable default service pricing to the medium non-residential customer class because, "index pricing is of limited use in promoting customer switching," for smaller customers, a competitive supplier said in comments to the PUC.
In updating rules related to metering (largely relating to a smart meter opt-out, click here for related story), the Public Utilities Commission of Ohio declined a request from a retail supplier for the provision of de-identified customer energy usage data from advanced meters to retail suppliers.
The Connecticut Public Utilities Regulatory Authority, as part of a legislatively prescribed review, has sought stakeholder comment on the use of supplier consolidated billing by electric suppliers, and issued specific questions concerning electric suppliers' collection of supplier and distribution utility charges.
Testifying before a Texas Senate hearing yesterday, Texas Public Utility Commissioner Brandy Marty said that an answer on Texas' resource adequacy questions, particularly whether a reserve margin should be mandated, should be expected by very early next year.
Another U.S. District Court has found that state-procured capacity contracts which are offered into the Reliability Pricing Model violate federal law, but this recent decision is more narrowly tailored and does not raise (as much) issues regarding states' general ability to set wholesale rates for other endeavors (such as default service).
The Electric Markets Research Foundation released its initial publication, a report by Navigant Consulting, Inc. comparing the development of traditionally regulated electricity markets with more recent restructured power markets often accompanied by retail customer choice.
"A more accurate assessment of the [peak load] data ... has debunked the notion that Texas needs to adopt a capacity market with subsidies to generators as high as $4 billion a year," the Texas Public Policy Foundation said in a report examining persistent over-forecasting of load in the ERCOT CDR reports, which translates into reserve margins which appear to decline below the target.
"I'm not sure any capacity market is really a good facilitator of the actual decision to invest [in new capacity]," Dr. David Patton, President of Potomac Economics, ERCOT's Independent Market Monitor, said during a Texas workshop on resource adequacy yesterday.
The following is a letter from Jeff Nottingham, an energy economist with Verdigris Energy LLC and a veteran of the ERCOT market, to EnergyChoiceMatters.com concerning recent generation development in ERCOT, and innovative technologies to reduce the cost of new build, all of which are occurring under the current ERCOT market design:
Connecticut's default service procurement manager, Jeff Gaudiosi, alleged that he was the recipient of a sales call from a retail supplier which included information that, "was not accurate," including an allegation that the sales rep cited default service rates as high as 10 cents.
GDF SUEZ Energy Resources NA, Inc. has recommended that the Public Utility Commission of Texas require for certification as a REP $2 million in shareholders' equity plus a $1 million, or more, letter of credit
PowerOptions and a retail supplier announced that they have signed a $375 million, four-year electricity supply contract to supply more than 500 Massachusetts nonprofits and government institutions in the PowerOptions aggregation.
Staff of the New Jersey BPU have issued for comment a series of questions relating to the potential removal of the RPS requirement from the BGS procurement process, and also asked about transferring the RPS obligation of retail suppliers to the electric distribution companies.
AEP Ohio has sought a waiver to its corporate separation plan from the Public Utilities Commission of Ohio to allow it to retain contractual entitlements from generating resources owned by Ohio Valley Electric Corporation (OVEC), as other owners of OVEC have not consented to the assumption of these entitlements by AEP Generation Resources, Inc.
The capital requirements of Texas retail electric providers should be increased if changes to the ERCOT market, specifically higher system-wide offer caps, impose increased risks on REPs, several transmission and distribution utilities told the Public Utility Commission of Texas.
Blaming Ohio's "energy policy transition to market," Ormet announced that it was shutting down its Hannibal, Ohio aluminum smelting plant after the Public Utilities Commission of Ohio declined to fully grant Ormet's latest request for subsidized electric rates.
There's some 30 states in the United States which offer customers no electric choice, and a handful more that severely limit electric choice, so it's only natural that the Compete Coalition, an organization which, "support[s] well-structured competitive electricity markets for the benefit of our country," would focus its time and resources on states where there are not well-structured competitive electricity markets, such as Texas.
The Compete Coalition has tarnished its reputation, and damaged its ability to advocate the introduction of retail choice to new markets, by wading into the Texas debate over "reliability" (meaning resource adequacy), and lending credence to the view -- oft-cited by critics of restructuring -- that the Texas market design has led to the potential for the lights to go out.
"I don't think we're counting on there being a lot of states opening up [for retail choice] over the course of the next two to three years," a retail supplier CEO said at the Gulf Coast Power Association fall conference.
More than two years after the introduction of switch holds to the ERCOT market, the number of switch holds applicable to residential customers in ERCOT as part of entering into a deferred payment plan remain about 1% of residential ESI IDs in ERCOT.
Just Energy Group, Inc. announced that it reached agreement with its syndicate of lenders to renew and extend its revolving credit facility for a period of two years from the closing date of October 2, 2013.
A nonsensical opinion from a federal court appears to void state public service commissions' ability to set the prices paid to their wholesale default service providers, because "state action that regulates" within the field of "setting wholesale electric energy and capacity rates or prices" is, "void under the doctrine of field preemption."
"What we see that has happened in PJM is a recipe for what can happen here in Texas," if a capacity market is adopted, William A. Von Hoene, Jr., Senior Executive Vice President & Chief Strategy Officer for Exelon, said in addressing the Gulf Coast Power Association.
FERC accepted but suspended for a five-month period, subject to refund, and to the outcome of a technical conference and a further order, tariff revisions altering how demand response is qualified to participate in PJM's forward capacity auctions.
Texas transmission and distribution utilities have filed with the Public Utility Commission of Texas initial tariffs to implement an opt-out from advanced metering, including sought levels for the one-time and ongoing opt-out fees.
Texas TDUs have filed widely varying estimates of the number of customers electing to opt-out of having a provisioned advanced meter, in filing their compliance tariffs to set the rates for the AMS opt-out.
The Illinois Power Agency on September 30 filed a default service procurement plan with the Illinois Commerce Commission (13-0546) which seeks to return to the purchase of fixed energy blocks to serve default service load.
The ERCOT Commercial Operations Subcommittee and the Communications and Settlements Working Group have filed Nodal Protocol Revision Request (NPRR) 570 to reduce the real-time settlement timelines to five days after the operating day.
Nearly a year since it last saw residential shopping growth of this level, Pennsylvania has neared weekly residential electric shopping growth of 10,000 accounts, according to the latest stats from the PUC.
Electric consumer complaints have fallen for the fourth consecutive year in Texas and now stand at the lowest level so far recorded under the state’s electric deregulation law, the Texas Coalition for Affordable Power said today in releasing an analysis.
EDF Trading North America, LLC would pay $30,000 under a settlement with Staff of the Public Utility Commission of Texas to resolve EDF's alleged failure to adhere to ERCOT Protocol §18.104.22.168.3(3)(b), related to non-spinning reserve service (NSRS) energy deployment criteria on March 9, 2012 and March 26, 2012.
Staff of the Public Utility Commission of Texas have proposed annual assessments on certain retail electric providers to fund the public online broadcasting of Commission meetings, consistent with statute.
Staff of the Public Utility Commission of Texas has filed a draft proposal for publication to implement PURA Chapter 15 Subchapter D, which grants the commission the authority to issue a cease and desist order to various market participants, including retail electric providers.
A non-unanimous settlement which would authorize the merger of Peoples Natural Gas and Equitable Gas, and related transactions, would require Peoples to release capacity to retail suppliers serving priority one (P-1) customers, and also includes additional measures to improve the retail market.
The Pennsylvania PUC would grant, in a tentative order, Palmco Energy PA, LLC an expanded natural gas supplier license, but, due to certain complaints against an affiliate, subjected the license to certain compliance and reporting conditions.
Green Mountain Energy has launched a new program in Texas that provides customers with 100% solar power, and directs a portion of customers' payments to build new solar generation not sited at the customer's premises.
Exelon sees an opportunity for its Constellation unit to expand its reach into offering risk management and other risk products to commercial and industrial customers, as well as other wholesale customers, Exelon CFO and Executive Vice President Jonathan Thayer said at the Wolfe Research Power and Gas Leaders Conference yesterday.
A lack of volatility, and competitors' pricing in response to this lack of volatility, are challenging Constellation's retail business, Exelon CFO and Executive Vice President Jonathan Thayer said at the Wolfe Research Power and Gas Leaders Conference yesterday.
The market design, and constant changes, of PJM's Reliability Pricing Model has been likened to the game of "Whack-A-Mole" by Exelon CFO and Executive Vice President Jonathan Thayer, as Thayer also warned that the market is replacing "steel in the ground" generation with new build generation that "may or may not be there."
Fitchburg Gas and Electric Light Company, d/b/a Unitil, has updated the Massachusetts DPU on the status of purchase of receivables implementation, including a more detailed description of the mechanics to implement POR prior to a new CIS.
Staff of a PSC have proposed that a retail supplier should be required to refund to customers any charges in excess of Standard Offer Service rates, and also proposed a $3.37 million civil penalty, for various violations alleged by Staff.
Several retail electric providers have urged the Public Utility Commission of Texas to adopt a new rule which would prohibit a utility from sharing any same brand, logo, or any identifying brand feature with a competitive affiliate engaged in competitive electric service in Texas.
Republican members of the U.S. House Energy and Commerce Committee have urged FERC, in a letter to Commissioners, to ensure that, "restructured electricity markets operate pursuant to legitimate market forces and are not becoming mere administrative constructs dependent on an increasing amount of Commission-approved rules and processes."
The Michigan PSC has ordered Wisconsin Electric Power Company to arrange for two customers, for which Wisconsin Electric was delaying switches to an alternative electric supplier, to be switched to choice service immediately.
Some electricity consumers could participate more actively in the Texas electric market in the future, following actions by the Electric Reliability Council of Texas Board of Directors at its Sept. 17 meeting, ERCOT said yesterday