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April 28, 2011
Exelon and Constellation Energy announced this morning that they have signed a definitive merger agreement to combine the two companies in a stock-for-stock transaction.
March 9, 2011
Due to a comprehensive program to improve its service to brokers and similar channels, Direct Energy Business said yesterday that it has improved to second in KEMA Inc.'s annual rankings of channel partner overall satisfaction with retail suppliers.
February 17, 2011
Exelon's ExTex Retail Services Receives Option 1 Texas REP Certificate The PUCT granted ExTex Retail Services Company, LLC an Option 1 REP certificate. ExTex Retail Services, a unit of Exelon, was previously certificated an Option 2 REP. ExTex Retail Services' application for an Option 1 certificate…
February 10, 2011
The New Jersey BPU approved results of the Basic Generation Service auction for 1/3 of supplies for BGS fixed priced customers for the three-year period starting June 1, 2011, and 100% of supplies for BGS Commercial and Industrial Energy Price (CIEP) customers for the one-year period starting June 1…
January 13, 2011
Exelon Seeking Texas Option 1 REP Certificate ExTex Retail Services Company, LLC, which is Exelon's Texas retail electric provider, applied at the PUCT to transition from an Option 2 REP to an Option 1 REP. Option 2 REPs are limited to serving only specifically identified customers, each of whom…
January 11, 2011
Notwithstanding the fact that several states in eastern forward capacity markets are racing to take any action to blunt or mitigate the pricing impacts from such markets, several generators filed a protest at FERC requesting that FERC impose strict deadlines for the Midwest ISO to implement…
January 4, 2011
In just about a week's time, Illinois alternative retail electric suppliers should know one way or another whether a new mandate that requires them to purchase the output of the Tenaska Taylorville Energy Center, with no cap on their obligations, will be enacted, or will fail.
December 22, 2010
David Fein, Constellation Energy's Vice President of Energy Policy for the Midwest and Pennsylvania, has been elected President of the Retail Energy Supply Association for 2011. RESA also announced the creation of a new "Strategic Market Development and Advancement" Committee for 2011.
December 10, 2010
GearyEnergy Receives Ohio Electric License The Public Utilities Commission of Ohio granted GearyEnergy, LLC an electric supplier license to serve commercial, mercantile, and industrial customers in all service areas (11/8).
November 22, 2010
Duke Energy Retail Sales Receives Pennsylvania License The Pennsylvania PUC granted Duke Energy Retail Sales, LLC an electric generation supplier license to serve commercial customers over 25 kW, industrial customers, and governmental customers in all service areas (Only in Matters, 9/17/10). Duke…
November 4, 2010
Exelon Energy Seeks Authority to Serve Residential, Small Commercial Customers in Pennsylvania
October 25, 2010
Exelon's Generation unit reported adjusted earnings of $499 million for the third quarter of 2010, versus $504 million a year ago, on lower energy gross margin largely due to lower energy prices under the power purchase agreement with PECO and higher nuclear fuel costs.
