November 11, 2024
Maryland PSC Staff Offer Most Immediate Opportunities For Resource Adequacy
Staff of the Maryland PSC have offered an overview of resource adequacy policies and options available to the Maryland PSC
HomeNews By CompanyExelon
Exelon
Narrow these results by state, topic, company or docket — filters stack, and every story shown carries all of them.
September 30, 2024
Utility "Prefer[s]" That Residential POR End At End Of Year
All of the Maryland investor-owned electric utilities opposed the use of a pro rata mechanism for utility consolidated billing upon the end of purchase of receivables
September 3, 2024
Utilities Seek To Assign Uncollectibles Costs After End Of POR To Retail Suppliers, Socialize Any Remaining Balance Among Suppliers
Interim POR Discounts >10% Proposed At Multiple Utilities
Two Pennsylvania PUC ALJs have endorsed a contested settlement in…
August 12, 2024
Utilities Float Withholding Amounts Due To All Retail Suppliers Under UCB To Pay For SCB (Change From Current SCB-Only Fee)
In separate comments, several utilities and an Office of People's Counsel have raised…
August 9, 2024
Major Utilities Say Mandatory Dual Billing Could Be Required For 18-Month Period
Several utilities informed the PSC that
July 12, 2024
PSC Orders Utilities To Continue Work On Supplier Consolidated Billing Implementation
Orders Briefing On New Law's Impact On SCB
With new legislation only addressing the purchase of residential receivables…
June 12, 2024
PSC To Seek Briefs On SB 1's Impact On Supplier Consolidated Billing, Set To Address SCB Implementation Pause
A PSC expects to quickly issue an order addressing whether…
May 15, 2024
Utilities Intend To Pause Work On Supplier Consolidated Billing
Several utilities intend to "pause" work on IT systems updates to implement Supplier Consolidated Billing (SCB)
January 17, 2024
Retail Supplier Names Market Vet As New Executive Director, Regulatory & Compliance
An energy market vet has joined…
November 7, 2023
Multiple Utilities Support Eliminating Purchase Of Receivables
Several utilities told a PSC that they, "agree that POR [purchase of receivables] should be eliminated and recommend that the payment posting priority structure in place prior to the implementation of POR be applied."
July 17, 2023
CPower Names Constellation, Exelon Vet As CEO
CPower Energy ("CPower") today named Michael D. Smith as Chief Executive Officer, following the announcement by CPower's current President and CEO John Horton of his retirement.
June 27, 2023
PSC Adopts Mechanism For Cost Recovery Of Supplier Consolidated Billing Implementation Costs
Directs That SCB Implementation Shall Proceed
The Maryland PSC today issued an order on the cost allocation for implementation and related costs under supplier consolidated billing (SCB)
June 5, 2023
Retail Supplier Parent Names VP, Hydrogen Market Development
Constellation has named Dwayne Pickett as Vice President of Hydrogen Market Development
April 4, 2023
Utilities Blame Lack Of Retail Supplier Commitment As Partially Responsible For Needed Delay In Supplier Consolidated Billing
In comments on a recent workgroup report concerning supplier consolidated billing (SCB) in Maryland, the Exelon utilities blamed, in part, the lack of any commitment from any retail supplier to test SCB as a reason for the delay in SCB which the report had outlined
March 20, 2023
Working Group Seeks One-Year Delay In Supplier Consolidated Billing
Working Group Seeks PSC Guidance On Cost Recovery
The Supplier Consolidated Billing (SCB) Work Group (WG) in Maryland has filed a report stating that, "an extension of the implementation schedule for SCB implementation in 2024 for all utilities is likely required."
May 12, 2022
Constellation Reports First Quarter Earnings
Constellation reported Adjusted EBITDA (non-GAAP) of…
March 24, 2022
BGE HOME Changing Name to Constellation Home
Constellation has announced that…
February 2, 2022
Constellation Spin-off Complete, Launches As Stand-Alone Company
Constellation today announced the completion of its separation from Exelon Corp. and its launch as a standalone, publicly traded company.
January 11, 2022
Constellation Executes Power Supply Agreement For Data Center To Co-locate At Texas Power Plant
Constellation, which is set to be spun-off from Exelon on Feb. 1, today hosted an analyst day
January 10, 2022
T&D Only Exelon Touts Provision Of "Innovative Energy Products" As It Outlines "Fully Regulated Utility Company" Strategy After Constellation Spin-off
Exelon today is holding an analyst day detailing its strategy for its future as a fully regulated utility company after the spin-off of Constellation is completed, which is expected to occur Feb. 1.
January 10, 2022
Former FirstEnergy VP To Join Board Of Constellation Upon Spin-off, Board Members Announced
Exelon Corp. announced Constellation’s Board of Directors following the company’s separation from Exelon.
December 27, 2021
PSNH Residential & Small C&I Default Service Rate Increasing 20%
The New Hampshire PUC recently approved new energy service (default service) rates at Public Service Company of New Hampshire (PSNH or Eversource) for the six-month period beginning February 1, 2022
October 29, 2021
Senior Leadership Team For Constellation Announced As Separation From Exelon Nears
Exelon Corp. announced leadership appointments as it prepares to separate into two companies in the first quarter of 2022.
October 1, 2021
Texas Generators Propose Three-Year Forward Reliability Requirement For Retail Providers If Conditions Triggered
Consultants retained by NRG Energy, Inc. and Exelon Corporation have filed with the Texas PUC a proposal that would impose on retail electric providers a three-year forward "reliability requirement" if certain conditions are triggered
October 1, 2021
Exelon Names CEO, Branding For Spin-Off Of Competitive Generation, Retail Business
Exelon Corp. today announced the senior leadership of the transmission and distribution utility business and the competitive power generation and retail energy business that will result from the planned separation of the companies.