February 24, 2022
Winning Retail Suppliers From Retail Default Service Auction Revealed
The winning retail energy suppliers from a default service auction have been posted
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Default Service & Pricing
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February 21, 2022
Utility Proposes Alternative Default Service Procurement Methodology, Potential Mitigation
An EDC has proposed an alternative procurement methodology for default service electricity supply
February 17, 2022
New York PSC Chair Calls For ConEd To Provide Immediate Default Service Supply Rate Relief By Reflecting Full Value Of Hedges In Next Billing Cycle
New York PSC Chair Rory Christian, in a recent letter to Consolidated Edison, requested that the utility undertake changes in its next billing cycle to provide immediate relief to customers from high supply prices
February 11, 2022
Winning Retail Suppliers From Retail Default Service Auction Revealed
A PUC has posted the winning retail suppliers who won tranches of customers in the
February 9, 2022
New Jersey Default Service Auction Results In Lower Rates For BGS Customers
The New Jersey Board of Public Utilities (NJBPU) has approved the 2022 procurement of contracts for one-third of the fixed price Basic Generation Service (BGS) default electric service
February 9, 2022
Default Service Price Adder At Dominion East Ohio Increasing 20% For 2022-23
The Standard Choice Offer auction to set the Retail Price Adjustment (RPA) at Dominion East Ohio (now d/b/a Dominion Energy Ohio) for the period April 1, 2022 to March 31, 2023 resulted in an RPA of $0.18/Mcf, which is a 20% increase from the current RPA of $0.15/Mcf
January 31, 2022
Most Commercial Prices To Compare At FirstEnergy Pennsylvania EDCs Decreasing 14-20%
The FirstEnergy Pennsylvania utilities have filed new tariffed commercial PTC-Default rates with the PUC for the three-month period starting March 1, 2022
January 26, 2022
Vectren Ohio Default Service Retail Adder To Decrease On April 1
Vectren Energy Delivery of Ohio's (CenterPoint's) Standard Choice Offer auction conducted on January 25, 2021 resulted in a Retail Price Adjustment (RPA) of $1.07 per Mcf for the period April 1, 2022 through March 31, 2023.
January 26, 2022
Columbia Gas Of Ohio Default Service Retail Adder To Decrease On April 1
A January 26 auction to determine the Retail Price Adjustment (RPA) for the Standard Choice Offer at Columbia Gas of Ohio resulted in an RPA of $1.65 per Mcf, for the period April 1, 2022 to March 31, 2023
January 20, 2022
FirstEnergy Pennsylvania Residential Prices To Compare Decreasing, Nearly 10% In Some Service Areas
The FirstEnergy Pennsylvania utilities have filed new tariffed residential PTC-Default rates with the Pennsylvania PUC for the three-month period starting March 1, 2022
January 20, 2022
PECO Small C&I Price To Compare To Increase 10% In March
PECO has filed with the Pennsylvania PUC new electric Generation Supply Adjustment (GSA) charges for the period beginning March 1, 2022
January 10, 2022
Report: Customers On Retail Supply Paid $139 Million More Than Default Service Over Last 35 Months
The Ohio Consumers Counsel reported that, in recent shadow billing data by AEP Ohio, "it was shown that consumers who chose a marketer paid $139 million more in the aggregate than those who stayed on AEP Ohio’s SSO," over 35 months between January 2019 to November 2021.
December 30, 2021
Small Customer Default Service Rate Increasing 32% At New Hampshire Utility
The New Hampshire PUC approved new default service (energy service) rates at Liberty Utilities (Granite State Electric) for the period February 1, 2022 through July 31, 2022
December 27, 2021
PSNH Residential & Small C&I Default Service Rate Increasing 20%
The New Hampshire PUC recently approved new energy service (default service) rates at Public Service Company of New Hampshire (PSNH or Eversource) for the six-month period beginning February 1, 2022
December 27, 2021
Duquesne Light Default Supply Rate To Fall 20%
Duquesne Light filed with the Pennsylvania PUC the default service supply rate for Medium Commercial & Industrial customers for the period beginning March 1, 2022
December 21, 2021
BGE Residential SOS Rate Set To Fall 8%
Baltimore Gas & Electric has filed a tariff reflecting summer 2022 SOS rates for mass market customers, and updates to previously set mass market SOS rates for periods beginning February 1, 2022 to reflect changes in the bypassable SOS Admin. charge
December 14, 2021
Default Service Utilities Seek To Move To Six-Month Fixed Rate, From Current Three-Month Fixed Rate, In New Default Service Plan
Utilities Seek To Eliminate Shortest-Term Contracts From Commercial Default Service Procurement To Smooth Out Price Swings
November 23, 2021
Maine Versant-MPD Residential SOS Rate To Increase 84%
The Maine PUC has approved new Standard Offer electricity rates for the residential/small customer and medium commercial customer classes at Versant Power-Maine Public District (MPD, formerly Maine Public Service)
November 22, 2021
Utility Schedules Stakeholder Meeting On Proposed Change In Default Service Mechanism
Duke Energy Ohio, Inc. will hold a virtual meeting with all interested parties on December 1, 2021 concerning its proposal, contained in a non-unanimous settlement agreement, to transition its default service procurement from the gas cost recovery mechanism to a wholesale standard service offer (SSO…
November 22, 2021
Nstar East Residential, Small C&I Default Service Electric Rates Rising 50%
Nstar (Eversource Energy) has filed basic service electric rates with the Massachusetts DPU for its Eastern MA service area for the period beginning January 1, 2022
November 17, 2021
Central Maine Power Residential, Small C&I Default Service Rate Increasing 83%
The Maine Public Utilities Commission (Commission) has posted Standard Offer electricity supply rates today for residential and business customers at Central Maine Power (CMP).
November 17, 2021
Retail Supplier To Drop Up To 12,000 Customers To Default Service
Town Square Energy, LLC is dropping up to 12,145 customers in Connecticut to default service, unless such customers first select an alternative supplier, due to such customers' contracts expiring during the peak winter season and the high prices that would be applicable if Town Square Energy…
November 16, 2021
Maine Utility's Residential, Small C&I Default Service Rate Increasing 88%
The Maine Public Utilities Commission (Commission) has posted new Standard Offer electricity supply rates today for residential and business customers of Versant Power, Bangor Hydro District (BHE), as well as for large business customers in Versant’s Maine Public District (MPS).
November 15, 2021
NSTAR Residential, Small C&I Default Service Rates Increasing 45%
NSTAR Electric Company d/b/a Eversource Energy filed with the Massachusetts DPU new basic service electricity rates for its Western Massachusetts service territory (WMA), formerly WMECO, for the period beginning January 1, 2022
November 15, 2021
FirstEnergy, "Encourages Customers to Shop for Best Energy Deals as Fuel Costs Rise"
Notes, In Some Cases, "Default Service May Offer Savings Over Competitive Energy Plans"
FirstEnergy Corp. said on Nov. 15 in a news release that, "With higher fuel costs expected to influence energy rates this winter, FirstEnergy Corp. (NYSE: FE) is encouraging customers of its utility companies in Ohio, Pennsylvania, New Jersey and Maryland to evaluate electric supply deals that fit…