November 6, 2014
Another Utility to Self-Manage Default Service Load
United Illuminating will self-manage 100% of Last Resort Service load for the first quarter of 2015, it disclosed in a report on its recent procurement.
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Default Service & Pricing
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November 5, 2014
FES: Pennsylvania Default Service Auction Sees Higher Risk Premium, Driven by PJM Volatility, Uncertainty
Results from recent default service auctions in Pennsylvania and Ohio appear to reflect an increased risk premium, which FirstEnergy Solutions believes is, "associated with volatility and uncertainty in PJM," Leila Vespoli, FirstEnergy Corp.'s Executive Vice President, Markets, said during an…
November 4, 2014
Baltimore Gas & Electric Posts New Weighted Average SOS Rate, Summer 2015 Residential Rate to Increase
Baltimore Gas & Electric has posted on its website a new weighted average SOS rate for the period Oct. 1, 2014 through Sep. 30, 2015, which includes the summer SOS rate for 2015.
November 3, 2014
Pa. ALJ Cites "Polar Vortex" in Recommending Laddered Contracts for Default Service
Duquesne Light should maintain the use of laddered 12-month contracts to serve small C&I customers due to the potential for market shock such as the "Polar Vortex", a Pennsylvania ALJ said in a recommended decision on Duquesne Light's default service plan for the period beginning June 1, 2015.
October 31, 2014
Baltimore Gas & Electric Files New SOS Rates
Baltimore Gas & Electric has filed updated Type II SOS rates for the three-month period beginning December 1, 2014.
October 31, 2014
Shock: Pennsylvania Judge Says PUC's Retail Market "End State" Order Not "Enforceable" Law (Judge Would Reject Expansion of Hourly Pricing As A Result)
The much-hyped "end state" retail electric market order from the Pennsylvania PUC is not, standing alone, "enforceable law," and therefore cannot be used to justify a sought lowering of the hourly pricing threshold at PPL Electric Utilities, an ALJ has concluded in a recommended decision on PPL's…
October 30, 2014
Utility to Self-Serve Default Service After Procurement Attracts Zero Bidders
Another full requirements default service procurement has attracted no interested suppliers, and Connecticut Light & Power will self-manage a class of default service load this winter as a result.
October 29, 2014
Delmarva Residential, Commercial SOS Rates to Increase
Delmarva Power has filed with the Maryland PSC new residential and Type I SOS rates for the period beginning June 1, 2015, and new Type II SOS rates for the period beginning December 1, 2014.
October 29, 2014
Pepco Residential, Commercial SOS Rates to Increase
Pepco has filed with the Maryland PSC new residential and Type I SOS rates for the period beginning June 1, 2015, and new Type II SOS rates for the period beginning December 1, 2014.
October 27, 2014
Most Maryland Residential/Type I SOS Products See Only One Bidder
The vast majority of mass market SOS products available in the October 2014 Maryland SOS procurement saw only one bidder compete to serve such load, according to a report from the procurement consultant.
October 27, 2014
Potomac Edison Files New SOS Rates
Potomac Edison has filed with the Maryland PSC new Type II SOS rates for the three-month period beginning December 1, 2014
October 24, 2014
PSC Grants New York Utility 'Discretion' in Collection of Default Service Reconciliations
The New York PSC approved without modification the petition of Niagara Mohawk (National Grid) to implement tariff changes that provide NiMo with discretion regarding the period over which it must reconcile electric default service costs.
October 23, 2014
Uncertainty in PJM Capacity Market "Scaring Away" Participation in Maryland SOS Auction, State Likely First to See Declining Competition for SOS Bids
At a hearing today reviewing SOS procurement results, the Maryland PSC will hear that uncertainty caused by potential changes to PJM's capacity market -- and the allocation of unknown transition costs to load serving entities -- has "scared away" bidders in Maryland's October SOS procurement for SOS…
October 22, 2014
PECO Posts Official Prices to Compare, Residential PTC Up 8%, C&I Rates Also Higher
PECO has posted to its website updated Prices to Compare for the period to begin December 1.
October 21, 2014
Massachusetts Department of Energy Resources, Utilities Oppose Deferral of National Grid Basic Service Rate Increases
The Massachusetts Department of Energy Resources and several utilities have opposed proposal to defer National Grid's basic service rate increase, which will see residential rates double starting November 1, stating that deferral will exacerbate challenges caused by the increase.
October 17, 2014
Maine PUC 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 November 2014.
October 17, 2014
Ohio Discloses Winning Bidders from DP&L Default Service Auction
The Public Utilities Commission of Ohio has disclosed the winning bidders in Dayton Power & Light's September 2014 wholesale auction for 50% of DP&L's standard service offer (SSO) load for the delivery period January 2015 through May 2017.
October 16, 2014
Winning Prices in FirstEnergy Ohio Default Service Auction Higher
The Public Utilities Commission of Ohio approved the results of the FirstEnergy Ohio utilities' ninth wholesale auction that will ultimately determine its retail generation service rates through May 2016.
October 16, 2014
Residential Default Service Rates to Fall Again at FirstEnergy Utilities (Commercial Rates to Increase)
The FirstEnergy Pennsylvania electric distribution companies have filed new tariffed PTC Default rates with the PUC for the three-month period starting December 1, and the residential rates will again decrease at most of the EDCs, while commercial rates will increase
October 14, 2014
Utility Tells PURA It Can't Comply With Plain Language of Statute Requiring Advance Notice of Default Service Rate Changes
Connecticut Light and Power told PURA that it is "not possible" to prepare a bill insert informing customers of new Standard Service rates 45 days in advance as now required by statute for rates effective January 1, 2015, and that this requirement should also not be required for July 1, 2015 rates.
October 13, 2014
State Proposes Mechanism to Mitigate, Defer Doubling of Default Service Rates
The Massachusetts DPU has issued for comment a specific proposal that would have the effect of blunting the otherwise doubling of National Grid's default service rates for the period starting November 1, through a blending process with recovery occurring over a longer period.
October 7, 2014
Maine PUC Reminds Business Customers That Standard Offer Electric Rates Will Double Starting in December
The Maine PUC reminded medium C&I customers at Central Maine Power and Bangor Hydro-Electric that Standard Offer electric rates will double this winter at Central Maine Power and Bangor Hydro-Electric, with the increase starting in December.
October 6, 2014
Massachusetts Seeks Comments on Mitigating Default Service Rate Increases
The Massachusetts DPU will entertain comments on proposals to mitigate, including through a potential deferral, of basic service rate increases at National Grid.
October 6, 2014
Another Utility to See Winter Default Service Rates Double
Unitil in New Hampshire is the latest New England utility to see its winter default service rates double from the present levels, under rates now approved by the PUC.
October 3, 2014
It Begins (Part 2): Delaware to Review "Long-Term Approaches to Secure Lower Priced Energy" for SOS
The Delaware PSC has opened a docket to review Delmarva’s approach to providing Standard Offer Service, and whether such an approach will lead to lower energy supply costs over the long-term for a period of 20 to 25 years (Docket 14-0283).