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FirstEnergy Names New CEO

FirstEnergy Corp., the ultimate parent of electricity broker FirstEnergy Advisors (FirstEnergy Home) and several distribution utilities, announced that Steven E. Strah has been named the Company's chief executive officer and a member of the Board of Directors, effective immediately.

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Spark Energy Expects "Significant Loss" From Texas Winter Weather Event, Though Ultimate Impact Uncertain Pending Settlement Data, Any Regulatory Action

Spark Reports "Sufficient Liquidity"

In reporting fourth quarter and full year 2020 earnings, Spark Energy said that it, "expect[s] the impact of winter storm Uri will result in a significant loss that will be reflected in our first quarter 2021 results of operations," but that the impact remains uncertain due to settlement data and…

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Genie Energy Currently Estimates That Impact From Texas Weather Event Will Be Modest On Company-Wide Profitability

Provided Customers With Hundreds Of Thousands Of Dollars In Incentives & Rewards To Lower Consumption, Reduce Strain On Grid During The Crisis

Genie Energy said on Feb. 22 that it, "continues to serve its 10,000 customers across Texas with no change in their rates under their current agreements despite the unprecedented price volatility in real-time electricity prices last week."

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Company News & People News (Page 31) | EnergyChoiceMatters.com