March 1, 2015
Utility to Self-Manage Default Service Load
United Illuminating will self-manage last resort service load for the second quarter of 2015, it disclosed in a post-procurement filing.
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Default Service & Pricing
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March 1, 2015
Ohio Discloses Winning Bidders From Dominion East Ohio Standard Choice Offer Auction
According to a February 27 filing, the Public Utilities Commission of Ohio disclosed that the winning bidders in the Dominion East Ohio Standard Choice Offer auction for 2015-16 were: Constellation Energy Gas Choice Direct Energy Services DTE Energy Trading, Inc. Interstate Gas Supply
February 26, 2015
To Reduce Volatility, PUCO Replaces 12-Month Contracts With 36-Month Contracts For AEP Ohio 2015-18 Default Service, Reserves Right to Phase-In Charges
The Public Utilities Commission of Ohio has approved an electric security plan for the period June 1, 2015 to May 31, 2018 at AEP Ohio that relies solely on descending clock auctions to procure load-following default service supply, but modified AEP Ohio's proposed procurement schedule to reduce…
February 25, 2015
Written Order Suggests Deferred Default Service Costs Will Be Recovered From Non-Shopping Customers Only, PUC Also Directs Future Procurements to Mitigate Volatility
A written order published by the Rhode Island PUC concerning its deferral of a portion of significant default electric service rate hikes at National Grid, which took effect on January 1, contemplates that future default service customers alone will pay for such deferred costs.
February 25, 2015
N.Y. ESCOs Seek Investigation Into Default Service Reconciliation Process, Monthly Supply Rates
The Small Customer Marketer Coalition has petitioned the New York PSC for an investigation and examination of (i) the Annual Reconciliation of Gas Expenses and Gas Cost Recoveries codified at Title 16 NYCRR Section 720.6.5 to assess its impact and efficacy in the current regulatory and economic…
February 24, 2015
Met-Ed, Penelec Prices to Compare to Increase 10%
Residential Prices to Compare at Met-Ed and Penelec will increase about 10% on March 1, 2015.
February 23, 2015
Generation-Related Nonbypassable Costs at Dayton Power & Light Continue to Grow, PUCO Staff Concerned
Nonbypassable charges related to default service at Dayton Power & Light continue to grow, with PUCO Staff again raising concern with the increase.
February 20, 2015
PUC Rejects Utility's Contingency Default Service Proposal
The New Hampshire PUC has rejected a contingency proposal from Liberty Utilities (Granite State Electric) addressing situations in which there is insufficient response to a default service procurement, finding that Liberty Utilities' proposal is inconsistent with statute.
February 20, 2015
Nstar Basic Service Rates to Fall By 40-70%
Nstar (Eversource Energy) has filed new electric basic service rates for the industrial customer class for the three-month period beginning April 1, 2015.
February 19, 2015
Ohio Discloses Winning Suppliers From January Default Service Auction at FirstEnergy Utilities
The Public Utilities Commission of Ohio has disclosed the winning bidders from the January 2015 default service auction for suppliers at the FirstEnergy utilities.
February 19, 2015
Maine Sets New Standard Offer Rates
The Maine PUC has set the Standard Offer rates for the large non-residential classes at Central Maine Power and Bangor Hydro-Electric for the month of March 2015.
February 19, 2015
WMECO Sets New Default Service Rates
Western Massachusetts Electric Co. has filed with the Massachusetts DPU new basic service rates for medium and large commercial and industrial customers for the three-month period beginning April 1, 2015
February 19, 2015
United Illuminating Default Service Rates to Fall By 50-70%
United Illuminating has filed new Last Resort Service rates for the period beginning April 1, 2015.
February 19, 2015
Connecticut Light & Power Default Service Rates to Fall By 67%
Connecticut Light & Power has filed new Last Resort Service rates for the period beginning April 1, 2015.
February 19, 2015
PECO Residential, Commercial Price to Compare to Decrease on March 1
PECO has posted to its website updated Prices to Compare for the period beginning March 1.
February 19, 2015
PPL Commercial Price to Compare to Increase 10%, Residential PTC Also Rises
PPL Electric's Price to Compare for residential and small commercial customers will increase on March 1.
February 16, 2015
Ohio Discloses Winning Bidders Under Columbia Standard Choice Offer Auction
The Public Utilities Commission of Ohio disclosed that the winning bidders in Columbia Gas of Ohio Standard Choice Offer auction for 2015-16 were: Constellation Energy Volunteer Energy Direct Energy Services LLC DTE Energy Trading, Inc. NextEra Energy
February 13, 2015
New Jersey BGS Default Service Rates to Fall In Most Territories, Higher At PSE&G
New Jersey's Basic Generation Service auction generally produced lower or stable supply prices for three-year contracts to serve one-third of Fixed Price (under 500 kW) customers for the period starting June 1, 2015, with the exception of Public Service Electric & Gas, where transmission costs drove…
February 13, 2015
PUC Commish Urges Retail Suppliers to "Step Up" And Bid for Default Service Tranches Under Newly Adopted "Innovative" Design
The Pennsylvania PUC has approved a default service plan for Citizens’ Electric Company and Wellsboro Electric Company which ditches the formerly used stratified procurement approach in favor of the bidding of load-following tranches indexed to PJM prices, plus a retail adder.
February 11, 2015
Retail Adder At Dominion East Ohio Plummets to Nearly $0/Mcf
The Standard Choice Offer auction to set the Retail Price Adjustment (RPA) at Dominion East Ohio for the period April 1, 2015 to March 31, 2016 saw the RPA plummet to a mere $0.02/Mcf.
February 5, 2015
Maine Discloses BHE Default Service Suppliers, Confirms Nature of Large Customer Default Service After Rejecting Bids
The Maine PUC has disclosed the winning Standard Offer suppliers at Bangor Hydro-Electric.
February 5, 2015
N.Y. Bill Would Require Utilities To Engage in Portfolio Management for Default Service, Require PSC to "Reward" Utilities Which Reduce Volatility
A bill (A04323) has been filed in the New York State Assembly which would require the electric utilities to utilize portfolio management for default service supplies, and would require the PSC to establish rewards available to utilities for reducing customer bills and price volatility.
February 4, 2015
Residential, Commercial SOS Rates to Rise at Maryland Utility
Potomac Edison has filed with the Maryland PSC new residential rates for the period beginning June 1, 2015, and new Type II SOS rates for the period beginning March 1, 2015.
February 3, 2015
Pepco, Delmarva File New SOS Rates
Pepco and Delmarva have filed with the Maryland PSC new Type II SOS rates for the period March 1, 2015 to May 31, 2015.
February 3, 2015
BGE Files New SOS Rates
Baltimore Gas & Electric has filed with the Maryland PSC new Type II SOS rates for the period March 1, 2015 to May 31, 2015.