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November 3, 2010

Superior Plus Reports Lower Gross Profit
Superior Plus reported lower gross profit from its fixed-price energy services segment of $6.9 million, versus $7.9 million a year ago (all figures Canadian), on lower gas volumes and unit margins, partially offset by higher electric volumes from increased commercial sales.  Superior Plus is holding an earnings call today, a complete report will follow tomorrow.  In its outlook, Superior Plus affirmed that it expects gross profit to modestly decrease in 2010 and increase in 2011 due to, as previously reported, entering the retail electricity and natural gas markets in the northeastern U.S., offset in part by reduced customer aggregation estimates due to the exit from the British Columbia residential natural gas market in 2010.  The commercial electricity market in Ontario is also expected to provide growth opportunities for the remainder of 2010 and into 2011.  


UGI Files Default Service Rates
UGI Utilities filed updated default generation service rates effective December 1, 2010 with the Pennsylvania PUC.  The GSR-1 (under 100 kW) rate is 9.289¢/kWh, and the GSR-2 (100-500 kW) rate is 5.355¢/kWh.

TEPA Offering Certified Electricity Professional Accreditation Testing at Annual Conference
The Texas Electricity Professionals Association will offer their agent, broker, and consultant members the opportunity to earn their Certified Electricity Professionals (CEP) accreditation during the organization's annual conference on November 11 in Houston.  Since March of this year, when the test was first implemented, more than 65 ABCs have been certified.  TEPA said that it expects testing at the annual conference will push that number to well over one hundred.  "By choosing to work with a CEP, customers should have confidence that this individual has demonstrated his knowledge of market dynamics, the regulatory landscape, as well as the various types of products available in the deregulated marketplace," said JD Dodson, TEPA president and partner at Rapid Power Management.

   
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