August 21, 2015
License Briefs
NextEra Energy Services Receives Natural Gas Supplier License
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August 7, 2015
Retail Suppliers Say PJM Won't Clear Transitional Capacity Performance Auctions In Manner That Minimizes Cost, File FERC Complaint
"PJM indicated last week that it intends to clear [the capacity performance transitional incremental auctions] in a manner that does not minimize the cost of procuring capacity in each Delivery Year when satisfying the new Capacity Performance Resource procurement targets in these years," Direct…
July 21, 2015
Power Marketer: "Plainly" Unreasonable To Subject Customers To Higher Capacity Costs From Outdated PJM Load Forecast
NextEra Energy Resources, LLC filed comments at FERC in support of a petition from load interests to require PJM to use an updated load forecast methodology for upcoming capacity auctions, saying it is, "plainly unjust and unreasonable," to require load to pay $625 million in excessive capacity…
May 4, 2015
NOPEC Selects Retail Supplier For New Aggregation At Ohio Power
NOPEC has selected a retail supplier to supply its first municipal electric aggregation in the Ohio Power (AEP Ohio) service area.
April 2, 2015
Illinois Posts Prices, Suppliers Under Default Service Procurement
Illinois has posted prices and winning suppliers from the Illinois Power Agencies spring 2015 procurement of block energy supplies for default service customers.
March 4, 2015
Delaware Mass Market SOS Rates to Decrease; C&I Rates to Increase
Delmarva Power's Delaware procurement of SOS supplies for the period starting June 1, 2015 resulted in residential and small C&I clearing prices lower than the prices from the 2011-12 auction (whose results are being rolled out of the portfolio for mass market customers), while medium and large C&I…
February 19, 2015
Ohio Discloses Winning Suppliers From January Default Service Auction at FirstEnergy Utilities
The Public Utilities Commission of Ohio has disclosed the winning bidders from the January 2015 default service auction for suppliers at the FirstEnergy utilities.
February 16, 2015
Ohio Discloses Winning Bidders Under Columbia Standard Choice Offer Auction
The Public Utilities Commission of Ohio disclosed that the winning bidders in Columbia Gas of Ohio Standard Choice Offer auction for 2015-16 were: Constellation Energy Volunteer Energy Direct Energy Services LLC DTE Energy Trading, Inc. NextEra Energy
February 13, 2015
New Jersey BGS Default Service Rates to Fall In Most Territories, Higher At PSE&G
New Jersey's Basic Generation Service auction generally produced lower or stable supply prices for three-year contracts to serve one-third of Fixed Price (under 500 kW) customers for the period starting June 1, 2015, with the exception of Public Service Electric & Gas, where transmission costs drove…
February 12, 2015
License Briefs
NextEra Energy Services Seeks Retail Natural Gas Supplier License
February 5, 2015
Maine Discloses BHE Default Service Suppliers, Confirms Nature of Large Customer Default Service After Rejecting Bids
The Maine PUC has disclosed the winning Standard Offer suppliers at Bangor Hydro-Electric.
February 2, 2015
Maine Discloses CMP Standard Offer Suppliers, Confirms New Default Service Rate Term, End of TOU Product
The Maine PUC has disclosed the Standard Offer suppliers at Central Maine Power under the January procurement, and confirmed several changes to default service procurement in a published written order.
November 6, 2014
Another Utility to Self-Manage Default Service Load
United Illuminating will self-manage 100% of Last Resort Service load for the first quarter of 2015, it disclosed in a report on its recent procurement.
October 30, 2014
Retail Suppliers: PJM Using "Express Lane" to Impose Billions of New Capacity Costs on Consumers, Provide $2 Billion Windfall to Existing Resources
PJM is taking an "express lane" to impose billions of new capacity costs on consumers under its flawed capacity performance and transition mechanism, several retail suppliers, public power utilities, state regulators, and industrial customers (the transition coalition) said in comments to the PJM…
October 30, 2014
Utility to Self-Serve Default Service After Procurement Attracts Zero Bidders
Another full requirements default service procurement has attracted no interested suppliers, and Connecticut Light & Power will self-manage a class of default service load this winter as a result.
October 13, 2014
Broker Names Market Veteran to Bolster New Jersey, Pennsylvania Presence
Usource announced that it has hired Greg DiGiovine as an energy advisor.
October 6, 2014
Another Utility to See Winter Default Service Rates Double
Unitil in New Hampshire is the latest New England utility to see its winter default service rates double from the present levels, under rates now approved by the PUC.
October 1, 2014
Another Utility to See 15¢ Small Customer Default Service Rate (Bills Jump 50%)
The New Hampshire PUC has approved new default service electric rates at Granite State Electric (Liberty Utilities), resulting in bill increases of 39%-59% depending on customer class and usage.
September 23, 2014
Retail Suppliers Warn PJM Ignoring Transition Costs, Mechanism for New Capacity Performance Procurement
A group consisting of retail suppliers, end users, and state regulators have raised concerns that PJM is ignoring the costs and other issues associated with the transition to a modified capacity market that includes PJM's new capacity performance product.
September 12, 2014
Texas Assigns 6 REPs Cost of Broadcasting PUCT Meetings
The Public Utility Commission of Texas has assigned to six retail electric providers the cost of broadcasting Commission meetings online.
September 9, 2014
Another Texas REP Seeks to Assign POLR Obligations to Affiliate
NextEra Retail of Texas LP (REP Certificate 10122) has requested the Public Utility Commission of Texas designate Gexa Energy, LP (REP Certificate 10027) as the Large Service Provider affiliate to provide POLR service on behalf of NextEra Retail for all POLR areas in which NextEra Retail was…
August 7, 2014
United Illuminating Discloses Winning Default Service Supplier
United Illuminating has disclosed that NextEra Energy Power Marketing LLC will serve 100% of Last Resort Service customer load for the fourth quarter of 2014.
June 20, 2014
5 Adds Retail Veteran to Houston Office
Broker-consultant 5 has hired industry veteran Jeffrey Armenta to its growing base of Energy Advisors in Houston, Texas
June 9, 2014
Tradition Energy Hires Industry Veteran to Support Northeast Growth
Tradition Energy announced that David Nussbaum has joined the company to help support the continued growth of the firm's energy management and procurement services business in the New York, New Jersey and Connecticut markets.
May 29, 2014
Ohio Discloses Winning Bidders in AEP Ohio Default Service Auction
The Public Utilities Commission of Ohio has disclosed the winning bidders of a May auction for 25% of AEP Ohio's standard service offer (SSO) energy requirements for the delivery period November 2014 through May 2015.