February 7, 2020
The New York PSC has approved the renewal of waivers for three ESCOs to allow such ESCOs to serve low-income (assistance program participant) customers with a guaranteed savings plan
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November 5, 2019
Expects Any Retail Energy Deals To Be Smaller, Will "Likely Pursue" Vistra (TXU Parent) Grows ERCOT Customer Count Organically Retail Segment Reports Negative Adjusted EBITDA On ERCOT Wholesale Pricing, Offset By Gains In Generation Segment
Reports Negative Impact From Retail Term Contract Backwardation
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September 25, 2019
Ambit New York, LLC requested from the New York PSC an extension of the waiver of the prohibition on service to low-income customers by energy service companies (ESCOs) so Ambit may continue to offer its guaranteed savings plan product (GSP) to its customers in New York, to which the PSC previously…
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August 30, 2019
The Public Utility Commission of Texas adopted an order setting the specific individual amounts which will be allocated to individual retail electric providers for provision of the low-income customer identification service for the State fiscal year beginning on September 1, 2019 (FY2020).
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August 22, 2019
Staff of the Texas PUC have proposed the individual amounts to be allocated to individual retail electric providers for provision of the low-income customer identification service for the State fiscal year beginning on September 1, 2019 (FY2020).
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August 20, 2019
Today, Vistra Energy (VST) announced it has entered into an agreement to acquire Ambit Energy for $475 million plus net working capital in an all-cash transaction.
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August 6, 2019
United Illuminating has filed a report concerning customer response to a notice of incorrect default service rates that had been posted in May
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August 5, 2019
Staff of the Public Utility Commission of Texas have proposed the fees to be allocated to retail electric providers and other companies to cover the cost of broadcasting PUCT meetings online for FY 2020.
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July 12, 2019
Ambit Texas, LLC's has submitted to the Public Utility Commission of Texas a formal request for production and receipt of the list of low income electric customers for the State Fiscal Year beginning on September 1, 2019
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July 2, 2019
Files Proposed Letters To Affected Customers
Connecticut Light and Power (Eversource) has filed with PURA data concerning the number of retail supplier customers impacted by a CL&P billing system error which saw such customers of retail suppliers charged an incorrect rate, and also filed with PURA proposed letters to be sent to affected…
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June 20, 2019
"Duty" To Report Ownership Info Means Info Does Not Qualify For FOIA Exemptions FERC Notes Ongoing Obligation Of Retail Suppliers With MBR Authority To Report Changes In Reported Ownership, Stakes
In addressing confidential protection sought by Ambit Northeast, LLC for its ownership information, FERC broadly held that, because the ownership of an applicant for electricity market-based rate (MBR) authority (which is generally needed for any retail supplier operating in a FERC-jurisdictional…
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May 2, 2019
The Public Utilities Commission of Ohio has approved without modification separate settlements between PUCO Staff and Ambit Northeast, LLC, and between PUCO Staff and Switch Energy, LLC, to resolve previously reported Notices of Probable Non-Compliance issued by Staff
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March 11, 2019
Update, 3/11: Further details concerning the Notices of Probable Non-Compliance issued by Staff of the Public Utilities Commission of Ohio, which led to the stipulations originally reported on March 8 as noted below, have become available.
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March 7, 2019
Two retail suppliers have agreed to forfeitures under separate stipulations with Staff of the Public Utilities Commission of Ohio
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January 30, 2019
As part of an order granting Ambit Northeast, LLC market-based rate authority, FERC directed Ambit Northeast to make refunds for the period of time during which market-based rates were collected without Commission authorization, i.e., May 2012 to December 21, 2018, for Ambit's sale of excess power…
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January 3, 2019
Ambit Energy has expanded the availability of its 24-Month Guaranteed Savings Plan (GSP) to residential customers in Maine, New Hampshire and Ohio
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November 9, 2018
Some Customers Saw Rate Increases of Almost 10¢/kWh From Practice
Ambit Texas, LLC would pay $160,000 under a settlement with Staff of the Public Utility Commission of Texas to resolve alleged violations of Public Utility Regulatory Act §§ 17.008 and 17.151, as well as 16 Texas Administrative Code (TAC) §§ 25.475 and 25.481 as a result of Ambit's prior practice of…
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October 30, 2018
Ambit Energy today announced that enrollment is now available for residential and small commercial electric customers in the ENMAX, EPCOR, and FortisAlberta electric service areas in Alberta, Canada, through Ambit Energy Canada.
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September 28, 2018
The Public Utility Commission of Texas adopted as final the fees to be allocated to retail electric providers and other companies to cover the cost of broadcasting PUCT meetings online for FY 2019.
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September 21, 2018
Staff of the Public Utility Commission of Texas have filed recommended fees to be allocated to retail electric providers and other companies to cover the cost of broadcasting PUCT meetings online for FY 2019.
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September 6, 2018
Rolls Out New App, Also Skills For Alexa, For Texas Customers
Ambit Energy announced that it will expand its guaranteed savings plan to customers in Maine, New Hampshire and Ohio this fall
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May 23, 2018
Interactive Energy Group LLC (IEG), a broker owned by Just Energy Group, has recently named Tracy Hodge to the position of General Manager
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March 21, 2018
Energy Marketing Conferences, LLC announced today the winners of the 2017 Retail Energy Provider of the Year Award as well as the 2017 Most Innovative Marketer Award.
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March 12, 2018
Energy Marketing Conferences will gather retail energy executives and thought leaders on March 14 in Houston for the 9th Energy Marketing Conference to discuss a variety of pressing issues facing the industry, including M&A climate, customer acquisition and engagement, channel partnerships, risk…
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March 7, 2018
Ambit Energy has revealed the markets in which it will offer service to large commercial and industrial customers in New Jersey
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