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February 20, 2012
Constellation's NewEnergy segment reported adjusted earnings, excluding mark-to-market timing, of approximately $171 million for the year 2011, up from adjusted earnings, excluding mark-to-market timing, of $155 million a year ago.
February 20, 2012
The Maryland PSC conditionally approved the merger of Exelon and Constellation Energy on Friday, with additional provisions relating to market power.
February 17, 2012
Consistent with prior direction from PUCO, CRA International submitted an unredacted list of winning bidders in the FirstEnergy Ohio utilities' default service auction held in January.
February 16, 2012
Constellation Energy has begun offering residential electric supply at Penn Power.
February 13, 2012
It is becoming increasingly clear that the biggest threat to retail customer choice is not regulators, legislators, incumbent utilities, or consumer advocates, but rather the owners of formerly incumbent generating assets, who now seek to foreclose the retail market after successfully stopping the…
February 9, 2012
The New Jersey BPU has posted results from the annual Basic Generation Service auctions.
February 7, 2012
Constellation Energy said that it has lowered its New Jersey residential electric pricing, and has launched a new direct mail campaign.
February 3, 2012
Constellation Energy Commodities Group would pay $15,000 under a settlement with PUCT Staff to resolve Staff's allegations that Constellation violated PURA § 39.151 (d) and (j) and P.U.C. SUBST. R. 25.503(f)(2), concerning failure to adhere to Electric Reliability Council of Texas (ERCOT) Protocol §…
February 3, 2012
Constellation Alliance II, LP (QSE) would pay $20,000 under a settlement with PUCT Staff to resolve Staff's allegations that Constellation violated PURA §39.151 (d) and (j) and P.U.C. SUBST. R. 25.503(f)(2), concerning failure to adhere to Electric Reliability Council of Texas (ERCOT) Protocol § 8.1…
February 2, 2012
PUCO Approves New Retail Price Adjustment at Vectren
February 2, 2012
The New Hampshire legislature is conducting a hearing today on a bill (House Bill 1238) which would require Public Service of New Hampshire (PSNH) to divest its fossil, hydro, and biomass generation assets by December 31, 2013.
February 2, 2012
The Michigan PSC has posted its annual report on retail electric choice, which includes the load served by each alternative supplier in 2011.
January 31, 2012
The Staff of the Office of Enforcement of the Federal Energy Regulatory Commission, in a nonpublic preliminary investigation, "has preliminarily determined that Constellation Energy Commodities Group, Inc. (CCG) violated the Commission's Prohibition of Electric Energy Market Manipulation, 18 C.F.R…
January 27, 2012
Just Energy Group Inc. announced that its common shares have been approved for listing and trading on the New York Stock Exchange (NYSE) commencing on January 30, 2012 under the trading ticker symbol "JE". The company's common shares will continue to be listed for trading in Canada on the Toronto…
January 26, 2012
Exelon's Generation unit, which includes competitive retail operations, reported lower adjusted earnings for the fourth quarter of 2011 of $359 million, versus $538 million a year ago.
January 25, 2012
The following commentary is provided by Stephens Inc. Investment Banker Justin Courtney on the state of the REP capital markets. All views and opinions expressed herein are solely those of the author
January 24, 2012
Constellation Energy today announced an agreement with PureSense Environmental, Inc. to provide automated load response programs to customers of PureSense Environmental's energy response program, PureSenseESP.
January 20, 2012
A settlement among Exelon, Constellation, and Gov. Martin O'Malley, which includes requirements for Exelon to build up to 300 MW of new in-state generation (see 12/12) , "adequately address all of the market power concerns," raised in prior PSC Staff testimony, Staff said in supplemental testimony…
January 20, 2012
FERC has denied the request of retail suppliers to allocate costs of demand response to Network Load during a transition period in which an interim set of rules to comply with Order 745 are in effect.
January 17, 2012
EDF Withdraws Opposition to Merger Under Agreement with Constellation-Exelon
January 11, 2012
StarTex Power announced that the greater Houston and South Texas Better Business Bureau has upgraded the company's review rating from an "A" to "A+."
January 11, 2012
A settlement in Arizona Public Service Company's rate case would allow a capped number of large power users to elect alternative generation supply under a "buy through" mechanism (Docket E-01345A-11-0224).
December 30, 2011
The Maine PUC has disclosed the winning bidders in the recent small volume Standard Offer solicitations for supply at Central Maine Power and Bangor Hydro-Electric.
December 20, 2011
DTE Energy Supply Seeks to Serve Small Volume Customers
December 15, 2011
Exelon and Constellation Energy have reached a settlement with Gov. Martin O'Malley and the Maryland Energy Administration under which MEA is now supporting the applicants' merger before the PSC, and under which Exelon commits to build up to 300 MW of new in-state generation.
