November 19, 2019
Several Retail Energy Vets Join Exelon's New Broker
Several retail energy veterans have recently joined Breakerbox, LLC, Exelon's new energy broker and consultant
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November 18, 2019
Exelon's New Broker Receives License In New State
The New Hampshire PUC granted Breakerbox, LLC an electric aggregator certificate
November 18, 2019
Nstar Residential Default Service Rate To Increase 15%
Small C&I Rate To Increase 13% Winning Default Service Suppliers Disclosed
Nstar (Eversource Energy-Eastern MA service area) has filed basic service electric rates with the Massachusetts DPU for the period beginning January 1, 2020
November 13, 2019
Bankruptcy Court Approves Sale Of Agera Energy Customers To Constellation
A federal bankruptcy court has approved the sale of various Agera Energy LLC, Aequitas Energy, Inc. and energy.me midwest llc retail energy customer contracts to Exelon Generation Company, LLC (Constellation)
November 12, 2019
Veteran Energy Market Counsel Joins Walmart Retail Supplier As Director, Markets and Compliance
Holly Rachel Smith recently joined Walmart, and its self-supply retail energy supplier Texas Retail Energy, as Director, Markets and Compliance - Walmart Energy Team
November 11, 2019
Exelon Reports Constellation Retail Customer, Performance Metrics
In a presentation to investors, Exelon reported various metrics for its Constellation retail business
November 8, 2019
Massachusetts Mass Market Default Service Rates To Increase 15-17%
Winning Default Service Suppliers Disclosed
NSTAR Electric Company d/b/a Eversource Energy filed with the Massachusetts DPU new basic service rates for its Western Massachusetts service territory (WMA), formerly WMECO, for the period beginning January 1, 2020
October 31, 2019
Exelon "Shifts" Focus Of Generation Business To Customer-Facing Constellation Business
Company Cuts Expected Gross Margin For Overall Generation Segment Due To Weak Wholesale Market
October 28, 2019
AEP Retail Supplier To Engage In Energy Brokering
AEP Energy, Inc., AEP's competitive retail energy supplier, has applied for an Illinois electric agent, broker, and consultant license.
October 22, 2019
Exelon Launches Energy Procurement Broker-Consultant
Exelon has launched a new business venture, Breakerbox, LLC, to provide energy consulting services to commercial and industrial customers.
October 10, 2019
PJM, Numerous Parties File Settlement Concerning GreenHat Default, FTR Auction
PJM and numerous parties have filed a settlement 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)
October 7, 2019
Update: Constellation Stalking Horse Purchase Price For Agera Energy Book Revealed
The Chapter 11 bankruptcy filing of Agera Energy LLC and affiliates (the Debtors) reveals that Constellation's (Exelon Generation Company, LLC, or Exelon) acquisition of the Agera customer book is subject to a bid process under which Exelon has been named the stalking horse bidder
October 4, 2019
Agera Energy, LLC Files Chapter 11 Protection, Enters Into Agreement to Sell Its Retail Assets
Agera Energy and its affiliates have filed for chapter 11 bankruptcy protection in the United States Bankruptcy Court, Southern District of New York and is facilitating an asset sale to Constellation, a subsidiary of Exelon Corporation, subject to bankruptcy court approval. If approved by the…
October 3, 2019
Ohio Discloses Winning Default Service Suppliers
The Public Utilities Commission of Ohio has disclosed winning bidders from a September 2019 auction to procure a portion of electricity default service supplies at Duke Energy Ohio for the period June 1, 2020 to May 31, 2022
September 18, 2019
National Grid Default Service Rates Increasing Up To 30% For Residential, Commercial Customers
Default Service Winning Suppliers Disclosed
National Grid has filed with the Massachusetts DPU basic service rates for the period November 1, 2019 through April 30, 2020 for the residential and commercial customer groups and the period November 1, 2019 through January 31, 2020 for the industrial customer group
September 18, 2019
Constellation Signs 175 MW Solar Agreement To Supply An Aggregation Of Three Commercial Customers
Constellation has announced an agreement with three commercial customers to power their operations with solar energy under a 15-year agreement which begins in 2021
September 13, 2019
Illinois Approves Results From Fall Procurement Of Default Service Supplies, Winning Suppliers Disclosed
The Illinois Commerce Commission approved the results of the fall 2019 procurement of block energy supplies for default service at ComEd and Ameren
August 26, 2019
Nstar Files New Basic Service Rates For Eastern Territory, Suppliers Disclosed
Nstar (Eversource) has filed with the Massachusetts DPU new electric basic service rates for large C&I customers in its Eastern Massachusetts service territory for the period beginning October 1, 2019.
August 20, 2019
Nstar Files New Basic Service Rates, Supplier Disclosed
NSTAR Electric Company d/b/a Eversource Energy filed new basic service rates for the Medium & Large Commercial and Industrial customer class in the WCMA Load Zone, the former Western Massachusetts Electric Company (WMECO) service area, for the three-month period beginning October 1, 2019
August 13, 2019
CL&P, UI Disclose Default Service Suppliers
Connecticut Light & Power reported that Exelon Generation Company will serve CL&P's Last Resort Service load for the fourth quarter of 2019.
August 2, 2019
Under Draft Order, D.C. PSC Would Create New Retail Energy Shopping Website With Supplier Offers Listed
Staff of the District of Columbia PSC have issued a proposed order in the PSC's Modernizing the Energy Delivery System for Increased Sustainability (MEDSIS) proceeding, with the grid modernization efforts now being branded Power Path DC.
June 24, 2019
Commercial Insurance Holding Co. Seeks Broker License To Offer Electricity To Clients
Sycamore Insurance Agency, Inc., a unit of Conifer Holdings, Inc., applied for an electric broker/marketer license in Pennsylvania to serve large commercial (over 25 kW) and industrial customers in all service areas.
June 21, 2019
OPC Says Low-Income Customer Participation In Retail Choice Outpaces Overall Market
In comments on an FY 2020 plan concerning the electric universal service program (EUSP) in Maryland, the Office of People’s Counsel said that low-income customers on competitive retail electric supply at the Southern Maryland Electric Cooperative (SMECO) have incurred, "massive net losses" versus…
June 14, 2019
PUC Approves Decrease In PSNH Small Customer Default Service Rate, Default Service Suppliers Named
The New Hampshire PUC has approved the results of Public Service Company of New Hampshire's (PSNH or Eversource) procurement of electric default service supplies for the period beginning August 1
May 21, 2019
Nstar East Residential, Small Commercial Default Service Rates Falling 20%
Nstar has filed with the Massachusetts DPU new electric basic service rates for its Eastern Massachusetts service territory for the period beginning July 1, 2019.