May 8, 2020
Exelon Reports COVID-Related Declines In Gross Margin In Constellation Business
During an earnings call, Exelon detailed the impact from COVID-19 on gross margin and load at its Constellation business
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April 28, 2020
Exelon Invests In Real-Time Energy Data Monitoring Company, Notes Potential Application At Constellation
Vutiliti which describes itself as a, "smart utility monitoring company," announced today that it has received a Series A investment of $11.75 million led by Constellation Technology Ventures, the venture investing arm of Exelon Corporation, and Cycle Capital Management.
April 27, 2020
Illinois Approves Results From Spring Procurement Of Default Service Supplies, Winning Suppliers Disclosed
The Illinois Commerce Commission approved the results of the spring 2020 procurement of block energy supplies for default service at ComEd, Ameren, and MidAmerican Energy Company
April 16, 2020
PUC Discloses Winning Default Service Suppliers
The Public Utilities Commission of Ohio has disclosed winning suppliers from a March 2020 auction for a portion of Standard Service Offer electricity supplies at AEP Ohio for various periods beginning June 1, 2020
April 8, 2020
Massachusetts Utility's Residential, Small Commercial Default Service Rate Falling 25%
The Massachusetts DPU has approved new electric basic service rates at Fitchburg Gas and Electric Light d/b/a Unitil, for the six month period beginning June 1, 2020
April 7, 2020
N.H. Utility's Residential, Small Commercial Default Service Rates Falling By Over 30%
Unitil in New Hampshire has filed new proposed default service rates for the six-month period beginning June 1, 2020
April 2, 2020
Breakerbox, A Unit Of Exelon, Receives Maryland Broker License
The Maryland PSC granted Breakerbox, LLC, a unit of Exelon, an electricity broker/aggregator license to serve commercial and industrial customers in all service areas
March 27, 2020
Maryland PSC Staff: "Not Completely Clear" From Text That Offshore Wind Administrator Is Prevented From Collecting Funds From Retail Suppliers Prior To Commercial Operation
Staff of the Maryland PSC said that it is, "not completely clear," in the text of an applicable regulation that an administrator which will bill retail electric suppliers for offshore wind RECs (OREC) is prevented from collecting funds from suppliers prior to commercial operation of an eligible…
March 19, 2020
PUC Discloses Winning Suppliers From Default Service Auction
The Public Utilities Commission of Ohio has disclosed the winning suppliers from a February 25 auction for a portion of Duke Energy Ohio's electricity standard service offer load for the period starting June 1, 2020
March 18, 2020
National Grid Residential, Commercial Default Service Rates To Fall 30%
Default Service Suppliers Disclosed
National Grid has filed with the Massachusetts DPU new basic service rates for residential and commercial customers for the six-month period beginning May 1, 2020, and for industrial customers, for the three-month period beginning May 1, 2020
March 12, 2020
Retail Energy Supplier Names Market Veterans As New CEO, CFO, Directors
Sanford Energy Associates, LLC d/b/a Powervine Energy has informed a state regulator of a new CEO and other executives
March 6, 2020
PSC Raises Concern With Retail Supplier's Recent Lack Of Responsiveness To Complaint Inquiries
During its administrative meeting this week, the Maryland PSC deferred consideration of the electricity broker application of Breakerbox, LLC, a unit of Exelon, due to concerns about the recent lack of responses from affiliate Constellation to complaint inquiries from PSC Staff
February 25, 2020
SOS Procurement Results In Record Low Prices
A recent SOS procurement at Delmarva Power in Delaware resulted in record low prices, a post-auction report said
February 25, 2020
Utilities Report Winning Default Service Suppliers
The Connecticut electric distribution companies have reported winning Last Resort Service suppliers for the second quarter of 2020
February 25, 2020
Nstar Files New Default Service Rates For Eastern Service Area, Winning Suppliers Disclosed
Nstar (Eversource Energy) has filed with the Massachusetts DPU new basic service rates for the Medium & Large Commercial and Industrial customer class in the Eastern Massachusetts service areas (NEMA, SEMA load zones), for the period April 1, 2020 to June 30, 2020.
February 20, 2020
PUC Discloses Winning Default Service Suppliers
The Public Utilities Commission of Ohio has disclosed the winning suppliers from a procurement of default service electricity supplies at the FirstEnergy Ohio utilities, for a portion of requirements for various delivery terms starting June 1, 2020
February 19, 2020
Nstar Files New Default Service Rates, Supplier Disclosed
NSTAR Electric Company d/b/a Eversource Energy filed with the Massachusetts DPU new large C&I customer basic service rates for its Western Massachusetts service territory (WMA), formerly WMECO, for the period beginning April 1, 2020
February 11, 2020
Exelon Reports "Stable Retail Margins", Constellation Metrics In Releasing Earnings
In a fourth quarter earnings presentation to investors, Exelon reported various metrics for its Constellation retail business
February 5, 2020
New Jersey Residential, Small C&I BGS Default Service Auction Results In Higher Prices Versus 2017 Rates Being Replaced
"Slightly" Higher Energy Costs For Customers
The New Jersey BPU has approved the 2020 procurement of contracts for one-third of the fixed price Basic Generation Service (BGS) default electric service
January 21, 2020
Retail Supplier, Generator Names New SVP & Chief Commercial Risk Officer
Exelon has named Kate Norman, formerly vice president, Wholesale Trading, as SVP & Chief Commercial Risk Officer.
January 9, 2020
PJM Won't Run Base Residual Capacity Auctions Until FERC Approves Price Floors, Could Delay BRAs Beyond 2020
Vistra Energy Reports Negative Impact On Retail Contract From Delay
At a Market Implementation Committee yesterday, PJM said that it will not conduct a Base Residual Auction for capacity until FERC rules on new price floors to be developed as a result of FERC's recent order expanding the minimum offer price rule (MOPR)
January 2, 2020
FERC Approves Settlement Concerning GreenHat Default, FTR Auction In PJM
FERC approved a settlement among PJM and numerous parties to resolve all issues concerning liquidation of the GreenHat Energy, LLC's Financial Transmission Rights (FTRs) as a result of GreenHat's default, and the July 2018 FTR auction (July Auction)
January 2, 2020
Exelon's New Broker Seeks, Receives More Licenses
Breakerbox, LLC, Exelon's new retail energy broker and consultant whose launch had been exclusively first reported by EnergyChoiceMatters.com , applied for a Maryland electric broker/aggregator license to serve all customer classes in all service areas
December 19, 2019
National Grid Files New Default Service Rates
National Grid has filed with the Massachusetts DPU basic service electricity rates for the period February 1, 2020 through April 30, 2020 for the industrial customer group
November 19, 2019
Retail Supplier Files Suit Alleging Violation Of NDA Non-Solicitation Clause By Competitor; Competitor Says Actions Permitted Under NDA
Agera Energy LLC has filed a suit in federal court against Sunwave USA Holdings, Inc. (Defendant) alleging that Sunwave solicited and hired at least four of Agera’s employees in alleged contravention of a non-solicitation clause contained in a non-disclosure agreement entered into between the two…