May 27, 2022
PUC Discloses Retail Suppliers Selected To Serve Low-Income Customer Load
A Public Utilities Commission has disclosed the winning retail suppliers selected to serve…
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Default Service & Pricing
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May 23, 2022
Nstar East Mass Market Default Service Rates Approach 18¢ (Residential Up 13%, Small C&I Up 21%)
Nstar (Eversource Energy) has filed basic service electric rates with the Massachusetts DPU for its Eastern MA service area for the period beginning July 1, 2022
May 23, 2022
ComEd Residential, Small C&I Prices To Compare Jump 40%
Commonwealth Edison electricity prices to compare for residential and small commercial customers will increase 41% on June 1
May 16, 2022
NSTAR Mass Market Default Service Rates Increasing 12-15%, Hit 15¢/kWh
NSTAR (Eversource Energy) filed with the Massachusetts DPU new basic service electricity rates for…
May 12, 2022
New York PSC Approves Default Service Pricing Changes At ConEd Meant To Reduce Volatility
The New York PSC approved several tariff changes to the default service pricing mechanism at Consolidated Edison…
May 2, 2022
BGE Residential SOS Rate To Increase 30% In October
Type I SOS Rate Increasing 24%
Baltimore Gas & Electric has filed new SOS electricity rates for the period October 1, 2022 through May 31, 2023, as well as updates to the summer 2022 SOS rates to reflect changes in the bypassable transmission rate and SOS Admin. charge.
May 2, 2022
PPL Residential Price To Compare Increasing Nearly 40%
PPL Electric Utilities has posted new electricity prices to compare for the period beginning June 1, 2022
April 28, 2022
Many FirstEnergy Pennsylvania Residential, Commercial Default Service Rates Spiking 40-50%
The FirstEnergy Pennsylvania utilities have filed new tariffed PTC-Default rates with the Pennsylvania PUC for the three-month period starting June 1, 2022
April 28, 2022
Utility Formally Proposes Wholesale Auction Process & Specific Details For Default Service, In Sought Move Away From Managed Portfolio
A utility has filed its specific proposal to transition to a wholesale auction to procure its supplies for default service customers
April 25, 2022
United Illuminating Small Commercial Rate Increasing 8%
United Illuminating has filed new default service rates with the Connecticut PURA for the period beginning July 1, 2022
April 22, 2022
Settlement Concerning Pennsylvania Utilities' Default Service Includes Move To Six-Month Fixed Rate (From Three Months Fixed) For Mass Market Customers
Several parties have filed a settlement concerning the proposed default service plan of the FirstEnergy Pennsylvania utilities ("the Companies") which would govern default service for the period June 1, 2023 and ending May 31, 2027 (DSP VI)
April 21, 2022
Winning Prices In Pennsylvania Default Service Auction Nearly Double, Hit $140/MWh
Winning prices from the April 2022 default service electricity supply procurement for…
April 20, 2022
PUC Approves Settlement Under Which Utility Commits To Transition To Wholesale Auction For Default Service From Managed Portfolio
A Public Utilities Commission approved today, without modification, a settlement in…
April 20, 2022
Winning Prices In Default Service Auction Jump 60% To Over $122/MWh, Above Starting Bid Price
Commissioner Blames FERC For Exposure To Price Spike
A Public Utilities Commission has approved results from an April procurement of default service supplies at…
April 18, 2022
PECO Residential, Small Commercial Generation Rates Increasing 7-11%
PECO has filed with the Pennsylvania PUC new electric Generation Supply Adjustment (GSA) charges for the period beginning June 1, 2022
March 30, 2022
PECO Posts Winning Prices From March 2022 Default Service Auction
PECO has posted results from its March 2022 procurement of a portion of electric default service supplies for various periods through 2024.
March 28, 2022
Utility Makes Call On Fixed Vs. Variable Wholesale Supply Contracts
Resulting New Default Service Rates Falling 12% For Mass Market Customers
An EDC has filed new default service rates for the period beginning June 1, 2022.
March 23, 2022
Default Service Auction Manager, Mid-Auction, Reduces Target For Supply To Be Procured; PUC Orders Supplemental Auction To Fill Remaining Tranches
An auction for default service electricity supplies at…
March 21, 2022
Regulator Approves Alternative Default Service Procurement Mechanism At Utility
Denies Request For More Frequent True-up Between Potentially Unlinked Retail Rates, Wholesale Costs
A retail energy regulator has approved an alternative electricity basic service (default service) procurement mechanism at
March 16, 2022
ConEd Seeks Emergency Changes To Default Service Electricity Supply Pricing Mechanism
Consolidated Edison Company of New York, Inc. has filed at the New York PSC for emergency approval of electricity tariff amendments that, "provide for an electric supply cost recovery mechanism that will more closely align supply prices with the Company’s hedging positions, reducing the likelihood of significant customer bill volatility."
March 15, 2022
National Grid Residential, Commercial Default Service Rates To Fall 22%
National Grid has filed new default service electric rates
March 9, 2022
Winning Prices Spike In Default Service Auctions At Two Utilities
Winning wholesale prices spiked in default service auctions held this month at…
March 1, 2022
New York PSC Directs All Major Utilities To Review Approaches To Default Service Supply Billing To Reduce Likelihood Of Extreme And Sudden Price Volatility
Rory M. Christian, Chair of the New York PSC, has issued letters to all of the state's investor-owned utilities (as well as PSEG Long Island) directing each to…
February 28, 2022
Pepco-DC Posts June 2022-May 2023 SOS Rates; Mass Market Customers To See SOS Rate Increases Next Winter
Pepco has filed new electric SOS rates with the District of Columbia for the 12-month period beginning June 1, 2022
February 28, 2022
ConEd Reports Measures Undertaken Which Result In Nearly 9¢/kWh Decrease In Default Service Supply Cost
Consolidated Edison (Con Edison or ConEd) has submitted its response to New York PSC Chair Rory Christian detailing measures it has undertaken to mitigate the immediate default service supply price spike, and to reduce the risk of severe price volatility in the future