April 28, 2016
Retail Supplier Names Retail Market Veteran as VP of National C&I Sales
MP2 Energy announced Jeff Colvin as its new vice president of national commercial and industrial sales.
HomeNews By CompanyDirect Energy
Direct Energy
Narrow these results by state, topic, company or docket — filters stack, and every story shown carries all of them.
April 26, 2016
TXU: Power To Choose Offer Listings Distorting Market; Direct: PTC Encourages Bad Behavior, Stifles Innovation
The offer-based shopping function on the Texas Power to Choose site distorts the market, TXU Energy said in comments to the Public Utility Commission of Texas, while Direct Energy said that the shopping function encourages bad behavior and stifles innovation, and both REPs recommended, in separately…
April 25, 2016
State Makes Selection For Retail Supplier To Serve State-Endorsed Opt-In Affinity Program, Will Sign Contract
The Delaware Secretary of State will sign a contract with Direct Energy that allows Direct Energy to make offers to customers under a state-implemented opt-in electricity supply affinity program open to residential and small business customers, which is to include a multi-year fixed price per kWh…
April 18, 2016
Centrica Says Direct Energy Sees "Solid" Performance Thus Far in 2016, Growth in Home Segment
Centrica said that it has seen solid delivery in its North America energy supply and services against the backdrop of an exceptionally warm winter, with account growth in its North America Home segment.
April 18, 2016
PSC Staff Recommend This Retail Supplier Be Selected For State-Endorsed Opt-In Aggregation Program
Staff of the Delaware PSC have recommended that the state's Electricity Affordability Committee select a proposal from Direct Energy to conduct an opt-in aggregation, or affinity, program
April 14, 2016
Retail Supplier Names Energy Market, Home Services Veteran As CIO
Stream named Kelly Habbas as the company’s new Chief Information Officer, effective immediately.
April 12, 2016
Direct Energy Launches Residential Service In New State
Direct Energy has begun offering residential electricity supply in New Hampshire, at Public Service of New Hampshire (PSNH/Eversource)
April 8, 2016
Texas REP Names Market Veteran As New CEO
Pro Power Providers, LLC d/b/a Circular Energy recently named Steve Sheaffer to the role of CEO
April 1, 2016
PUCO Approves AEP Ohio PPA Stipulation Which Commits AEP Ohio To Seek Retail Market Enhancements (SSO Adder, Supplier Consolidated Billing, Referral Program)
The Public Utilities Commission of Ohio has approved a non-unanimous stipulation to implement AEP Ohio's sought PPA rider to support affiliated generation
March 18, 2016
Proposed Legislation Would Require Maryland To Study Opt-In Retail Supply Affordability Program (Aggregation)
Two identical proposed bills in Maryland (SB 1075 and HB 927) would require the Maryland PSC to study the advisability of creating an opt-in electricity affordability (aggregation) program.
March 18, 2016
Direct Energy Petitions Pa. PUC To Restart Retail Opt-In Program With Revised Parameters
Direct Energy is to petition the Pennsylvania PUC today to restart the retail opt-in electricity referral/aggregation programs, which had been previously approved by the PUC, but which the PUC suspended prior to implementation.
March 14, 2016
Direct Energy Proposes $1 Million Financial Assurance Requirement For New York ESCOs, $3 Million If Involved In Door-to-Door, Outbound Telemarketing
Direct Energy has proposed that New York ESCOs be subject to a financial assurance requirement of up to $3 million.
March 4, 2016
Breaking: Judge Grants Temporary Restraining Order Preventing Enforcement Of NY PSC Full Stop Order
Update #3, 4:58 pm: Several orders in response to specific ESCO petitions have been issued. At least one of the temporary restraining orders specifically applies to Ordering Clauses #1-3 of the PSC's Feb. 23 order, and stays their enforcement.
February 22, 2016
NYSEG Joint Rate Proposal Includes Revised Code of Conduct on Use of NYSEG Brand Name
A joint proposal in NYSEG and Rochester Gas & Electric's current rate cases would include revisions to the utilities' code of conduct with respect to the use of the utilities' names by non-affiliates.
February 19, 2016
Ohio Discloses Winning Standard Choice Offer Suppliers at Dominion East Ohio
The Public Utilities Commission of Ohio has disclosed winning bidders from the February 2016 Standard Choice offer auction at Dominion East Ohio, for the period April 1, 2016 to March 31, 2017
February 18, 2016
Direct Energy Sees Significantly Higher Profits
Centrica reported "significant improvement" in Direct Energy's performance for fiscal 2015 with operating profit more than doubling compared to 2014.
February 18, 2016
Direct Energy Reports Half of New Customers Take Bundled Products; Residential Customer Count Declines
In reporting preliminary earnings this morning, Centrica said that, in 2015, 46% of new Direct Energy residential customers also took a services protection plan or smart thermostat, up from 11% in 2014.
February 15, 2016
Over Retail Supplier's Objection, FERC Allows PJM To Sell-Back Excess Capacity For Pennies On The Dollar, To Detriment Of Load
FERC accepted a filing to allow PJM to sell excess capacity in the third incremental auction for the 2016/2017 Delivery Year, which retail suppliers and load had said is contrary to the tariff and would result in a flooding on the incremental auction, depressing prices received by load for such…
February 5, 2016
Ohio Discloses Winning Suppliers For Columbia Standard Choice Offer
The Public Utilities Commission of Ohio disclosed the winning bidders from the Columbia Gas' Standard Choice Offer auction conducted on January 19, 2016, which resulted in a Retail Price Adjustment of $1.43 per Mcf for the period April 1, 2016 through March 31, 2017.
February 1, 2016
Requiring ESCOs To Ask All Customers About Payment Assistance Status Could, "Seriously Damage," N.Y. Residential Market, Direct Energy Warns
Requiring ESCOs to ask all potential customers whether they are currently receiving assistance under certain utility payment assistance program, "could seriously impede or damage the residential retail market in New York," Direct Energy warned in comments to the PSC
January 29, 2016
Ohio Discloses Winning Suppliers For Vectren Standard Choice Offer
The Public Utilities Commission of Ohio disclosed the winning bidders from the Vectren Energy Delivery of Ohio's Standard Choice Offer auction conducted on January 12, 2016, which resulted in a Retail Price Adjustment of $1.20 per Mcf for the period April 1, 2016 through March 31, 2017.
January 27, 2016
Parent of Retail Supplier Names New Director for Technology and Engineering (Will Oversee Smart Energy Development)
Centrica named Charles Cameron as Group Director for Technology and Engineering
January 26, 2016
Jim Steffes Joins Retail Supplier
Jim Steffes has rejoined Direct Energy as executive vice president for corporate affairs
January 6, 2016
Retail Energy Supply Association Elects 2016 Officers and State Chairs
The Retail Energy Supply Association (RESA) has elected a new slate of officers and state chairs for 2016.
January 6, 2016
Direct Energy: Customers Getting Bad Deal in PJM's Proposal To Sell Back Capacity Outside of Tariff For Pennies On The Dollar (Another Administrative Capacity Market Flaw Exposed)
A proposal from PJM to sell back excess amounts of capacity previously procured outside of the current tariff, "is likely to significantly harm the load interests it is designed to protect," Direct Energy Business, LLC and a coalition of industrial customers said in joint comments to FERC.