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August 20, 2013
The "outlook for dire consequences" with respect to resource adequacy in Texas, "appears to be wholly overstated," a coalition of competitive electric suppliers has conceded, raising the question of why some of these same suppliers (or their affiliates) are pressing for costly administrative…
August 14, 2013
"Price is the primary reason that satisfaction is higher among customers who use a Texas retail electric provider than among those who use a regulated utility," J.D. Power said in releasing its 2013 Texas Residential Retail Electric Provider Customer Satisfaction Study
August 14, 2013
The Connecticut Office of Consumer Counsel petitioned the Public Utilities Regulatory Authority to open an investigation of Direct Energy Services LLC's municipal marketing program (known as the Direct Choice program), as OCC alleged that customers in at least one municipality were charged higher…
August 13, 2013
Texas Gov. Rick Perry named Kathy Walt as chief of staff. Market speculation has tipped outgoing Perry chief of staff Brandy Marty as a potential appointee for the open seat on the Public Utility Commission.
August 8, 2013
Power2Switch.com announced that it has expanded its online electricity shopping platform to Ohio. Constellation Energy and Direct Energy are among the suppliers offering Ohio service through the site.
August 6, 2013
A Texas retail electric provider is offering customers a $600 incentive for new enrollments.
August 2, 2013
Centrica's Chief Executive Sam Laidlaw demonstrated in an earnings presentation this week how introduction of a capacity market in Texas, which compels retail electric providers to provide payments to capacity owners, would destroy the Texas retail market, and leave only a handful of generation…
August 2, 2013
Centrica, parent of Direct Energy, said during an earnings presentation this week that it now sees market products, along with its existing Texas generation ownership, as the preferred method of managing the pricing and load following risks of super-peaks in ERCOT, rather than owning additional…
August 1, 2013
Direct Energy yesterday announced operating profit of $255 million for the first six months of 2013.
July 31, 2013
Texas retail electric providers have surprisingly (or not so surprisingly when the parties involved are considered) filed harsh comments in opposition to an Operating Reserves Demand Curve (ORDC) in ERCOT.
July 30, 2013
Direct Energy Business, LLC, announced that it has agreed to acquire the New Jersey-based Energy Marketing business of Hess Corporation, for $731 million in cash plus net working capital, estimated at approximately $300 million.
July 24, 2013
A Northeast petroleum marketer is expanding into load-serving retail electricity and natural gas supply, and has hired several veterans of Direct Energy and Strategic Energy to lead the effort.
July 22, 2013
The New York PSC has issued a show cause order to Direct Energy to determine whether Direct Energy's use of the name NYSEG Solutions under a licensing agreement constitutes, "misleading or deceptive conduct."
July 12, 2013
Corporate Resource Services, Inc. announced that Abest Power & Gas, its joint venture in retail energy, has received clearance from "the major downstate utilities" to begin providing electricity and natural gas to the New York market.
July 12, 2013
Centrica plc’s North American subsidiary, Direct Energy, has agreed to acquire the privately-owned Texas-based electricity retailer Bounce Energy (“Bounce”) for $46 million (£30 million) in cash plus additional working capital.
July 11, 2013
American Power Partners Seeks License in New State
July 11, 2013
Direct Energy recently began offering residential natural gas service at Nicor Gas in Illinois.
July 2, 2013
Several retail energy suppliers and brokers have formed the Energy Research Council, a consortium that will gather market intelligence from middle-market organizations that buy electricity, natural gas, and related energy services.
June 27, 2013
The Connecticut PURA has assigned docket 13-06-21 for an, "Investigation Into the Trade Practices of Starion Energy, Inc., Direct Energy Services, LLC, and Connecticut Gas and Electric, Inc."
June 26, 2013
The Public Utility Commission of Texas will examine the issue of the average pricing disclosure required of retail electric providers offering time-based rates.
June 21, 2013
Vectren Corporation announced that effective June 18, 2013, ProLiance Holdings, LLC has disposed of certain of the net assets, along with the long term pipeline and storage commitments, of its wholesale natural gas marketing subsidiary, ProLiance Energy, LLC, to a subsidiary of Energy Transfer…
June 21, 2013
Quest Energy, LLC and Integrys Energy Services, Inc. requested that FERC issue an order approving a settlement agreement among the retail suppliers and various AEP transmission owners concerning Seams Elimination Charge Adjustments imposed on retail suppliers by FERC.
June 11, 2013
Muni Aggregation Returning Customers to Utility Supply, Terminates Contract With Supplier
June 11, 2013
Direct Energy has begun offering residential electricity supply at Dayton Power & Light in Ohio.
June 7, 2013
Although disappointing, the takeaways from attempts to auction off retail Standard Service customers in Connecticut this legislative session are more positive than meets the eye, Chris Kallaher, senior director of government and regulatory affairs for Direct Energy, told Matters.
