March 12, 2012
Duke Energy Retail Sales Listing Residential Offer in New Territory
Duke Energy Retail Sales has begun offering residential electricity supply at AEP Ohio, and now lists an offer on the PUCO Apples to Apples chart.
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February 17, 2012
Duke Expects Lower Earnings from Retail Unit in 2012
Duke Energy Retail contributed about $67 million to adjusted earnings at parent Duke for the year 2011, executives reported yesterday.
February 17, 2012
Winning Bidders of FirstEnergy Ohio Auction Revealed
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 8, 2012
License Briefs
Hess Small Business Services Receives License in New State
January 23, 2012
Auction Manager: Ohio Should Consider Eliminating Load Cap
The Public Utilities Commission of Ohio should consider eliminating the load cap in the descending clock default service auctions at Duke Energy Ohio, auction manager CRA International said in a report to PUCO.
January 6, 2012
PUCO Posts Winning Suppliers for Duke Energy Ohio SSO
The Public Utilities Commission of Ohio has disclosed winning bidders from the December 14 auction for Standard Service Offer supplies at Duke Energy Ohio.
January 3, 2012
Duke Energy Retail Sales Begins Offering Residential Natural Gas Service
Duke Energy Retail Sales, LLC has expanded to residential gas sales, with an offering at Duke Energy Ohio.
December 26, 2011
Ohio Orders Provide Duke with Unfair Competitive Advantage, AEP Ohio Says
Recent PUCO orders concerning electric security plans at Duke Energy Ohio and AEP Ohio provide Duke Energy Ohio with an, "undue preference and advantage," due to the disparate treatment of corporate separation plans addressing the separation of generation from the distribution utilities, AEP Ohio…
December 16, 2011
Duke Energy Ohio Generation Rates to Fall Drastically January 1
An auction for default service supplies at Duke Energy Ohio produced lower retail generation rates, as expected, for the period beginning in 2012.
December 7, 2011
Clearview Offers Service in New Pennsylvania Territory
Clearview Electric has begun offering residential and small business electric service at Duquesne Light.
November 17, 2011
Winners of October FirstEnergy Ohio Default Service Auction Published
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 October.
November 15, 2011
Dominion East Ohio Sees Choice Enrollments Drop by 25,000
More than 25,000 residential customers left competitive supply at Dominion East Ohio during the three months ended September 2011, compared to the total as of June 2011, according to newly posted migration data from PUCO.
November 4, 2011
Net Migration Rate at Duke Energy Ohio Grows Marginally
Duke Energy's Commercial Power segment reported lower adjusted EBIT of $145 million for the third quarter, versus $155 million a year ago, due to the impacts of customer migration in its affiliated Ohio service area.
October 26, 2011
Oasis Energy Begins Offering Service at Duquesne Light
Oasis Energy has begun offering residential electric service at Duquesne Light.
October 3, 2011
Briefly
Young Energy Submits Notice of Intent to Offer AMS-Based Prepay Service
September 27, 2011
License Briefs
The Maine PUC granted Resident Power Natural Gas & Electric Solutions, LLC an electric aggregator/broker license to serve all customer classes in all service areas. As first reported by Matters (9/16) , Resident Power is an affiliate of Freedom Energy Logistics and Halifax American Energy.
September 22, 2011
PJM Capacity Market "Doesn't Work," Duke's Trent Tells Ohioans
"The short term capacity market doesn't work," Keith Trent, Group Executive and President of Commercial Businesses for Duke Energy, observed during the Ohio Governor's 21st Century Energy & Economic Summit yesterday.
September 20, 2011
Briefly
Duke Energy Renewables Announces Texas Wind Project
September 12, 2011
Illinois Regulators Assail MISO Centralized Capacity Auction Plan, Raise Concerns on Retail Market Impact
In a pleading likely to fall on deaf ears at FERC (ER11-4081), the Illinois Commerce Commission expressed, "significant doubts that a centralized capacity market, as proposed by [the Midwest ISO], is necessary for the Midwest."
September 7, 2011
Stipulation at AEP Ohio Would Separate Generation, Institute Auction for SSO in 2015
A non-unanimous stipulation in AEP Ohio's electric security plan proceeding contemplates that, starting June 1, 2015, AEP Ohio would source power for Standard Service Offer load through competitive auctions (11-346-EL-SSO et. al.)
September 7, 2011
Duke Energy CFO: Electric Security Plan Not Anti-Competitive
Duke Energy Ohio's proposed electric security plan is "not anti-competitive" and "not a platform to build uneconomic generation," Duke Energy CFO Lynn Good said this morning at a Barclays Capital investor conference.
August 30, 2011
Compete Coalition Claims Duke Energy Ohio ESP Would Double Charge Migrated Customers
The Compete Coalition yesterday claimed in a blog posting that customers of competitive retail suppliers would be "doublecharged" under Duke Energy Ohio's proposed electric security plan. However, that is not Matters' understanding of the Duke Energy Ohio proposal.
August 3, 2011
Duke Energy Retains Stable Level of Migrated Load at Duke Energy Ohio
Duke Energy is serving 72% of retail generation load at Duke Energy Ohio, either through utility Standard Service Offer sales or sales by affiliate Duke Energy Retail Sales.
June 21, 2011
Duke Energy Ohio to Purchase Receivables at No Discount Under Electric Security Plan
Duke Energy Ohio would purchase the receivables of competitive electric suppliers "at no discount" under modifications to the program proposed as part of its proposed new electric security plan, which would run through May 31, 2021.
June 20, 2011
Breaking: Duke Energy Ohio to Assume Capacity Obligation for All Distribution Customers Under Proposed ESP
Duke Energy Ohio announced this morning the filing of a new proposed electric security plan (ESP) under which it would assume the capacity obligation of all retail customers taking its distribution service.