August 10, 2017
Customer Count Declines On Margin Discipline, Company Sees Net Growth In Mass Market RCEs
In reporting Q1 fiscal 2018 earnings yesterday, Just Energy said that its previously reported (see story here) retail channel expansion strategy, which includes sales at partner retail stores, continued with 85 new store launches across nine different retail partners.
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August 9, 2017
Direct Energy Business announced that it has been selected to be a Qualified Real Time Energy Management (RTEM) Vendor, for Direct's Panoramic Power technology, by the New York State Energy Research and Development Authority (NYSERDA).
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August 8, 2017
Broker and energy risk management firm EMEX, LLC, in announcing certain data for the six months ended June 30, 2017, said that it is currently exploring markets in Mexico, Canada, Japan, and the United Kingdom.
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August 7, 2017
CEO Sees Multiples Increasing For Retail Acquisition Valuations
During an earnings call on Friday, Spark Energy disclosed that only a relatively small amount of its customer base is subject to the New York PSC's prohibition on ESCO service to low-income customers (absent a PSC-approved waiver for a guaranteed savings product)
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August 7, 2017
Vistra Reiterates View On M&A, Not "Compelled" To Seek Assets Outside Of ERCOT
During an earnings call on Friday, executives at Vistra Energy, the parent of TXU and Luminant, discussed retail margins and customer segmentation
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August 4, 2017
Genie Retail Energy (GRE) reported higher customer growth during the three months ended June 30, 2017 (2Q 2017), compared with the growth seen in the three months ended March 31, 2017.
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August 4, 2017
In releasing earnings today, Vistra Energy (parent of TXU and other retail brands) reported that it saw a negligible decrease in its residential customer count during the second quarter.
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August 3, 2017
NRG Energy reported that its Retail unit saw mass market customer growth during the quarter ending June 30, 2017 (second quarter)
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August 2, 2017
XOOM Energy Japan, GK, an affiliate of XOOM Energy, LLC, announced further expansion into the Japanese electric market.
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August 2, 2017
Schneider Electric announced the appointment of Ganesh Aiyer to Vice President of Sales Operations in North America.
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August 1, 2017
EDF Trading, a wholly-owned subsidiary of EDF S.A., announced the following three appointments to its management team across its two businesses in North America:
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August 1, 2017
Centrica Reports 26% Of North American Residential Energy Supply Enrollments Now Include Service Plan Or Connected Home Bundle
Centrica reported a decline in its North American Home energy supply customer count as it scaled back certain sales channels and focused efforts on higher margin customers in its Connected Home segment.
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July 28, 2017
3 Phases Renewables, which offers direct access in California among other renewable energy solutions, announced today that it has become a Certified B Corporation.
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July 28, 2017
Consistent with its previously reported strategy to reduce competitive retail sales, FirstEnergy reported that FirstEnergy Solutions saw a net decline of 70,000 retail customers from March 31, 2017 to June 30, 2017, the company said in reporting earnings today
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July 27, 2017
Direct Energy is extending its Connect to Comfort 24 Plan, which includes a Hive smart thermostat and subscription plan, to both natural gas and electricity customers in Connecticut, Maine, Massachusetts, Michigan, New Hampshire, New Jersey, New York, Rhode Island and the District of Columbia.
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July 26, 2017
Will Lead Innovation, Expansion Stream Announces New State For Energy Services
Stream (formerly Stream Energy) named Leticia Castellanos as its Vice President and General Manager of Energy Services.
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July 19, 2017
ENERCONNEX, LLC announced that it has named Lorraine Alexander as Executive Vice President of Wholesale Markets, as the company launches a new business unit specializing in serving electric and gas utilities, municipalities, and cooperatives.
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July 17, 2017
President Trump has nominated Kevin McIntyre to be a Member of the Federal Energy Regulatory Commission, for the term expiring June 30, 2018, and an additional term expiring June 30, 2023
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July 13, 2017
Retail supplier CleanChoice Energy announced that it has launched CleanChoice Small Business, a new service that will allow small businesses to purchase 100% clean energy with no upfront investment, setup fees or installation.
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July 12, 2017
Discount Power, a Volterra Energy Holdings, LLC company, announced that Mario Elie, former Houston Rockets star and three-time National Basketball Association (NBA) champion, has been named the company’s first brand ambassador.
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July 11, 2017
Direct Energy Business has been selected as a Financial Ally with the Department of Energy's (DoE) Better Business Initiative, which the company said was established to help public and private organizations find financing for energy efficiency and renewable projects.
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July 7, 2017
CEO Says Commercial Rates Often "Hidden" By Brokers
TexasElectricityRatings.com announced that it has added a commercial energy marketplace to its platform, offering rate comparisons and customer reviews and insight
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June 30, 2017
President Trump nominated Richard Glick to serve as Commissioner of the Federal Energy Regulatory Commission for the remainder of a 5-year term expiring June 30, 2022.
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June 29, 2017
Chesapeake Utilities Corporation announced that Al Gallo has been promoted to Assistant Vice President of Peninsula Energy Services Company (PESCO), the company's non-regulated energy marketing business.
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June 28, 2017
Great Eastern Energy (GEE) announced the launch of an LED Retrofitting program.
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