March 7, 2014
Retail Supplier Groups Issue Briefs to Explain High Winter Pricing
Several retail energy trade associations have issued media briefs to explain why retail rates have spiked recently.
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March 6, 2014
Retail Supplier to Provide Millions in Goodwill Credits
IDT Energy announced that it is providing customers with millions of dollars in goodwill credits and rebates, as a result of the polar vortex pricing.
March 4, 2014
Briefly
Broker-consultant 5 has announced that Patti Hummel has joined the company, with the primary responsibilities of accounting, compliance, and corporate finance. Hummel was formerly Vice President of Accounting and Finance at First Choice Power, and is a 14-year veteran of the Texas electric industry.
March 4, 2014
Dynegy Talks Market Share, Margins for New Retail Business
Dynegy's Homefield Energy retail energy business has a 30% market share in the Ameren Illinois electric territory, executives reported during an earnings call last week.
March 3, 2014
Integrys Energy Services Discusses Impact from January Weather, Parent Affirms Retail Strategy
Integrys Energy Services performed as expected during the extreme cold in January, with negative impacts from load following electric contracts offset on the natural gas side, executives said during an earnings call last week.
March 3, 2014
NRG Talks Retail Margins, M&A in Discussing Earnings
NRG Energy saw relatively stable overall retail portfolio unit margins for the year 2013, executives said in discussing earnings on Friday.
February 28, 2014
Flash: NRG Reports Customer Growth
NRG experienced continued customer growth in 2013, it said in reporting earnings today.
February 28, 2014
Supplier of the Year, Most Innovative Supplier, Named at Energy Marketing Conference
Energy Marketing Conferences LLC's inaugural New York energy marketing conference held on February 27, named the "Most Innovative Energy Supplier", which went to the energy supplier with the most innovative marketing ideas, and the "Energy Supplier of the Year", which went to the energy supplier…
February 27, 2014
North American Power Receives Approval to Offer Prepay Product
The Georgia PSC has approved North American Power's requested waivers to allow North American Power to offer a prepaid natural gas product at Atlanta Gas Light
February 27, 2014
Retail Supplier Names Co-CEOs After Chief Executive Departs
Just Energy Group, Inc. announced that Chief Executive Officer Ken Hartwick has submitted his resignation from the company to be effective April 1, 2014 to pursue personal interests.
February 26, 2014
Given Volatility, FirstEnergy CEO Questions Whether, Retail Market Will, "Exist[] In The Same Format That We See It Today"
FirstEnergy Corp. CEO Anthony Alexander told investors during yesterday's earnings call that given the volatility that has been introduced into the retail market, there's a question of, "whether or not a retail market for customers exists in the same format that we see it today."
February 25, 2014
ConEdison Solutions Reports Customer Growth
ConEdison Solutions recorded customer growth during 2013, parent Consolidated Edison, Inc. reported in its annual 10-K.
February 20, 2014
Direct Energy Profits Down on Margin Pressure, Launches $100M Cost Reduction Initiative, Warns on Impact from Extreme Weather
Direct Energy operating profit fell 11% for the year 2013 to $436 million, as increases in profitability in the residential energy supply and residential services segments were offset by compressed margins for Direct's commercial and industrial energy supply business.
February 17, 2014
Broker-Consultant 5 Adds Illinois Retail Market Veteran to Team to Lead Chicago Expansion
Broker-consultant 5 announced that it has expanded into the Chicago market, and hired Bridget Murphy to lead the effort.
February 17, 2014
Retail Supplier: Impact from Price Spikes, Cold Weather Not Material
Extreme cold and volatile wholesale prices have not had a material impact on Just Energy's earnings, the company said on a Friday earnings call.
February 17, 2014
DTE Exec: Deregulated Markets "In Trouble"; Slams Ability of Market to Cope With "Stresses"
Deregulated energy markets are "in trouble" and cannot provide for Michigan's energy future, DTE Energy CEO Gerry Anderson said during an earnings call on Friday.
February 14, 2014
Retail Supplier Names Market Veteran As Senior Director of Commercial, Channel Sales
U.S. Gas & Electric announced the appointment of William "Bill" Moul as Senior Director of Commercial and Channel Sales.
February 14, 2014
FLASH: Just Energy Sees Return to Net Customer Growth in Mass Market Accounts
Just Energy saw net growth of 17,000 mass market energy supply residential customer equivalents (RCEs) from September 30, 2013 to December 31, 2013, reversing a net loss recorded from June 30, 2013 to September 30, 2013.
February 13, 2014
Marcie Zlotnik, Co-Founder of StarTex, Joins Board of Retail Energy Company
Marcie Zlotnik has joined the Board of Directors of ESCO Advisors, the company said yesterday
February 12, 2014
Retail Supplier Names Energy Sales Veteran as Senior Director of Call Center Operations
U.S. Gas & Electric has announced the appointment of James Ganter as Senior Director of Call Center Operations.
February 11, 2014
NRG Residential Solutions Launches Service in Two New States, Includes New NFL-Themed Plans
NRG Residential Solutions has begun offering electricity service in New York and Connecticut.
February 10, 2014
Parent of Texas Retail Provider Names New President
Summer Energy Holdings, Inc. has promoted Angela Hanley to serve as president of the company.
February 10, 2014
Sunwave Hires Retail Market Veteran to Lead Expansion to U.S.
Sunwave Gas & Power, the Canadian retail energy supplier expanding to several U.S. states, recently hired Sarah Kelly as Director of Operations to lead the expansion.
February 7, 2014
PPL Says Not Focused on Competitive Retail Business, Sees Retail Business as "Modest"
PPL is not "focused" on growing its competitive retail electric supply business, executives said in discussing earnings yesterday.
February 7, 2014
Retail Supplier Sees Growth Opportunity from Volatility-Driven "Shake-Out" in Industry
WGL Holdings is optimistic that its retail energy supply business can benefit from a likely "shake-out" in the retail energy industry prompted by recent volatility.