September 22, 2022
Several Communities Launching State's First Opt-Out Municipal Aggregation Program, Supplier Named
Six Rhode Island cities and towns have joined together to launch opt-out municipal aggregation programs
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September 21, 2022
National Grid Residential, Commercial Fixed Default Service Rates To Exceed 30¢ (200% Increase)
National Grid in Massachusetts has filed new basic service (default service) electric rates for the period beginning November 1, 2022.
April 29, 2022
Regulator Conditionally Approves Utilities' Alternative Purchase Of Receivables (POR) Discounts
Residential Discount Falling From 3% to 1.4% At One Utility
A retail energy regulator has conditionally approved the alternative calculations of POR discount rates
April 13, 2022
Retail Supplier Considering Options For Monetization, Retains Advisor
EnergyChoiceMatters.com understands a medium-sized retail energy supplier has retained a financial advisor to help them explore options for monetizing their business
April 7, 2022
Global Commodities Merchant Launches Retail Electric Supply Offers In New York
A global commodities merchant has begun offering retail electric service in New York
March 16, 2022
ConEd Seeks Emergency Changes To Default Service Electricity Supply Pricing Mechanism
Consolidated Edison Company of New York, Inc. has filed at the New York PSC for emergency approval of electricity tariff amendments that, "provide for an electric supply cost recovery mechanism that will more closely align supply prices with the Company’s hedging positions, reducing the likelihood of significant customer bill volatility."
March 15, 2022
National Grid Residential, Commercial Default Service Rates To Fall 22%
National Grid has filed new default service electric rates
March 14, 2022
Retail Supplier Launches Service In New State
A retail energy supplier has launched…
March 1, 2022
New York PSC Directs All Major Utilities To Review Approaches To Default Service Supply Billing To Reduce Likelihood Of Extreme And Sudden Price Volatility
Rory M. Christian, Chair of the New York PSC, has issued letters to all of the state's investor-owned utilities (as well as PSEG Long Island) directing each to…
February 10, 2022
Regulator Issues Order On Purchase Of Receivables (POR) Discount Rates
The Massachusetts DPU, at both Eversource (Nstar, East & West) and National Grid, has ordered that the currently effective purchase of receivables discount rates (standard complete billing percentages or SCBPs) shall remain in effect until the Department orders otherwise
November 19, 2021
New York PSC Grants New ESCO Authority To Serve Low-Income Customers
The New York PSC granted NOCO Electric, LLC and NOCO Natural Gas, LLC a waiver that will allow NOCO to serve assistance program participant (APP, or EAP) customers with a guaranteed savings product
November 3, 2021
Retail Supplier Acquires Customer Book, Said To Be First Of Multiple Planned Transactions
Source Power Company has closed on the purchase of a book of electricity supply customers in the Niagara Mohawk Power Corporation d/b/a National Grid service territory in New York
October 19, 2021
Affiliate Of Northeast Utility Registers As Power Marketer In ERCOT
NG Renewables Energy Marketing, LLC filed with the Texas PUC a registration as a power marketer to purchase and sell electric energy at wholesale within the ERCOT power region
August 10, 2021
Utilities Propose How To Address Reconciliation Of Purchase Of Receivables Given Prior Order Which Maintained Prior-Year Discount Rates
National Grid and Nstar have both filed proposals with the Massachusetts DPU on how to address reconciliation of the Standard Complete Billing Percentages (SCBPs) -- the term of purchase of receivables (POR) discounts -- given the DPU's prior order to maintain the current SCBPs
May 20, 2021
PUC Issues For Public Comment Settlement Under Which Retail Supplier Would Pay $150,000
Investigation Prompted When Mailer With Alleged Violations Received By PUC's Director Of Oversight
The Pennsylvania PUC issued for public comment a settlement between National Gas & Electric, LLC (NG&E) and the PUC's Bureau of Investigation and Enforcement ('I&E') under which National Gas & Electric would pay a $120,000 civil penalty and contribute $30,000 to PPL's hardship fund to resolve…
May 17, 2021
New York Utilities Agree To Not Implement Proposed Green Gas Supply Option Through March 2023
Updated Consolidated Billing Fee For ESCOs
The Brooklyn Union Gas Company d/b/a National Grid NY ('KEDNY'), KeySpan Gas East Corporation d/b/a National Grid ('KEDLI') (KEDNY and KEDLI, or the "Companies") and New York State Department of Public Service Staff has entered into a rate case joint proposal which includes an agreement for the…
May 3, 2021
Regulator Maintains Current Purchase Of Receivables (POR) Discount Rates Due To COVID Shut-off Moratorium
Normal Annual Revisions Would Have Resulted In Negative POR Discount Rates
The Massachusetts DPU, at both Eversource (Nstar, East & West) and National Grid has ordered that the currently effective purchase of receivables discount rates (standard complete billing percentages) shall remain in effect, subject to investigation and reconciliation, unless the Department orders…
April 20, 2021
Texas Solar Plant Announces PPAs With Several Offtakers, Including NRG & End Use Customers
National Grid Renewables has announced the signing of three solar power purchase agreements (PPAs) for the Noble Project (Noble) currently under construction in Denton County, Texas.
March 18, 2021
PPL To Acquire U.S. Utility With Electric, Natural Gas Choice Programs
PPL Corporation announced that it has entered into definitive agreements to sell its U.K. utility business, Western Power Distribution (WPD), to National Grid plc for £7.8 billion and, in a separate transaction, to acquire National Grid's Rhode Island utility business, The Narragansett Electric…
March 17, 2021
National Grid Residential, Commercial Default Service Rates To Decrease 20%
National Grid has filed with the Massachusetts DPU new electricity basic service rates for the period beginning May 1, 2021.
March 16, 2021
Utility Seeks To Maintain Current POR Discount Rates, Saying Change Under Normal Formula Would Result In Higher Than Normal Payments To Retail Suppliers Due To Shut-off Moratoriums
Another Utility Files Negative POR Discount Rate For Residential Service
Nstar (Eversource) has filed with the Massachusetts DPU proposed purchase of receivables discount rates (standard complete billing percentages) to be effective May 1, 2021, with Nstar seeking to maintain the current level of POR discount rates because it says that a shut-off moratorium would…
January 19, 2021
New York Retail Supplier Acquires Compost Business, Also Enters $120 Million Agreement To Support Community Solar Offering
NOCO, which owns an ESCO along with other energy-related businesses, announced that the company has reached a master agreement with developers to purchase the solar credits from approximately 15 solar array installations across the National Grid and NYSEG service territories in New York.
January 18, 2021
New York Utilities Post Updated 12-Month Trailing Average Supply Rates
The New York utilities have posted their 12-month trailing average utility supply rates for the latest period (i.e. 12 months ended December 31, 2020) for each mass-market service class and for each mass-market customer grouping that receives different supply rates based on the company’s electric…
January 13, 2021
New York Utility Seeks Approval To Dispatch Utility-Owned Storage Output Into NYISO Wholesale Market
Niagara Mohawk Power Corporation d/b/a National Grid ('National Grid' or the 'Company') petitioned the New York Public Service Commission ('Commission') for approval to dispatch and wholesale market the output from a Company-owned energy storage system ('ESS') project located at National Grid’s East…
December 16, 2020
National Grid Files New Default Service Rates; Winning Suppliers Disclosed
National Grid has filed with the Massachusetts DPU basic service electricity rates for the industrial customer group for the period February 1, 2021 through April 30, 2021