June 5, 2012
Briefly
Payless Power Launches Website Targeting Midland, Odessa Customers
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Constellation
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June 5, 2012
Constellation Now Unopposed to Non-Unanimous Default Service Stipulation at FirstEnergy Ohio
Constellation NewEnergy, Inc. and its parent corporation, Exelon Generation Company, LLC have signed, as non-opposing parties, a stipulation to implement the FirstEnergy Ohio utilities' sought third electric security plan (ESP 3), after the FirstEnergy EDCs agreed to make certain data available to…
May 15, 2012
Constellation Energy to Phase-Out MXenergy Brand
Constellation Energy will cease using the MXenergy brand effective June 1, the company confirmed to Matters today.
May 9, 2012
Nazarian Needs Assurance PSC Wasn't "Duped" in Approving Exelon-Constellation Merger
Maryland PSC Chairman Douglas Nazarian said that he needs to be assured that the Commission wasn't "duped" in approving the merger of Exelon and Constellation Energy, after the merged company violated market power mitigation conditions contained in the merger order relating to its generating plants.
May 8, 2012
Ohio Industrials Propose Use of Average RPM Rate for Capacity at AEP Ohio
The Ohio Energy Group, composed of several large industrial customers, has proposed in AEP Ohio's electric security plan proceeding that the capacity charge applicable to competitive retail suppliers taking capacity from AEP Ohio under the Fixed Resource Requirement should equal the average price of…
April 26, 2012
Cincinnati Selects Supplier for Opt-Out Aggregation
The City of Cincinnati, Ohio has selected FirstEnergy Solutions to supply its opt-out electricity municipal aggregation with 100% green power.
April 25, 2012
Largest U.S. Consumer Energy Buying Group Expanding to Electric, Gas Brokering
An affiliate of Heaney Energy Corp. (Heat USA), which describes itself as the largest consumer energy buying consortium in the United States, is entering the retail electricity and natural gas brokering business.
April 24, 2012
BGE HOME Acquires Van Sant, Inc. and VSI Commercial, Inc.
BGE HOME announced that it has acquired the residential and commercial plumbing and HVAC business assets of Van Sant, Inc. and VSI Commercial, Inc., both based in Mt. Airy, Maryland.
April 24, 2012
PJM Prices Higher by At Least $141,000 Due to Exelon "Inadvertent" Error Resulting in Offers Above Stipulated Caps
Day-ahead and real-time energy prices in PJM were inflated by at least $141,000 during a two-week period in which mitigation was not applied to several Constellation Energy units as required under a Maryland PSC order, while total excess revenues to Exelon resulting from what the company called an…
April 18, 2012
AEP Retail Energy Begins Offering Residential Service in New Territory
AEP Retail Energy has begun offering service to residential customers at Cleveland Electric Illuminating, Ohio Edison, and Toledo Edison.
April 13, 2012
Maryland PSC Orders Exelon to Show Cause Over "Inadvertent" Violation of Market Power Mitigation
The Maryland PSC has ordered Exelon to show cause why the Commission should not conclude that Exelon violated the terms of the PSC's order approving its merger with Constellation after Exelon reported that it "inadvertently violated" (as the PSC described Exelon's characterization) market power…
April 13, 2012
Costs/Benefits of Maryland Long-Term Generation to be Allocated to SOS Customers
The Maryland PSC has directed three of the state's investor-owned utilities to enter into a Contract for Differences to support construction of a 661 megawatt natural gas-fired combined-cycle generation plant in Charles County, Maryland, with all costs or benefits associated with the CfD borne…
March 29, 2012
Independents EGSs Urge Pennsylvania to Adopt Retail Market Enforcement Hotline, Require EDC or EGS Disgorgement for Conduct Violations
A group of Independent Electric Generation Suppliers (EGSs) has recommended that the Pennsylvania PUC adopt an anonymous enforcement hotline, and require disgorgement for any violations of the code of conduct governing relations between electric distribution companies (EDCs) and retail suppliers.
March 29, 2012
PUC Rejects Proposed MXEnergy Settlement Agreement Regarding Marketing Practices
The Pennsylvania Public Utility Commission (PUC) this morning rejected a proposed settlement agreement between the Commission's Law Bureau Prosecutory Staff (now the Bureau of Investigation and Enforcement) and MXEnergy, a PUC-licensed electric generation supplier, over the company's marketing…
March 26, 2012
Briefly
Liberty Power Announces Lowest 12-Month Rate at ComEd Not Requiring Online Enrollment
March 22, 2012
Briefly
Approved Illinois Opt-Out Aggregations Cover 1 Million Customers, Constellation Says
March 19, 2012
Constellation Energy Selling Electricity at Best Buy
Constellation Energy is now selling retail electricity through Best Buy.
March 16, 2012
FERC Chairman Warns Suppliers on Market Manipulation
FERC Chairman Jon Wellinghoff made the following statement at yesterday's FERC open meeting concerning the settlement with Constellation Energy Commodities Group regarding a FERC investigation into market manipulation.
March 12, 2012
Exelon, Constellation Complete Merger After FERC Approval
Exelon Corporation and Constellation Energy have completed their merger, effective today, in the wake of FERC's approval of the transaction on Friday.
March 12, 2012
Constellation to Pay $135 Million, Disgorge $110 Million Under Settlement Related to FERC Market Manipulation Investigation
FERC has approved a settlement between its Office of Enforcement and Constellation Energy Commodities Group (CCG) to resolve an investigation into whether Constellation violated the Commission's Anti-Manipulation Rule, under which Constellation has agreed to pay a civil penalty of $135 million and…
March 9, 2012
Briefly
Algonquin Power to Acquire Wind Generation in Texas, Illinois, Pennsylvania
March 7, 2012
License Briefs
Green Mountain Energy Receives License in New State
March 7, 2012
Delmarva SOS Winning Bid Prices Decline for Small Customers, Increase for Large Customers
The residential and small commercial SOS portfolio at Delmarva Power in Delaware will see an 8% decline in price for the 2012-2013 delivery year, while prices for larger customers will increase from the prices in last year's auction, according to the auction report from Vantage Energy Consulting…
March 5, 2012
Constellation Energy Statement: MXenergy Transfer of Post-Pay Accounts to StarTex "Completely Unrelated" to PUCT Audit
In response to Matter's March 2 story concerning MXenergy's decision to transfer post-pay customers in ERCOT to affiliate StarTex Power, and an audit settlement at the PUCT which made reference to the transfer, Constellation Energy issued the following statement to Matters:
February 29, 2012
Briefly
Horizon Power and Light to Restart D.C. Marketing