April 9, 2019
NOPEC Releases New Pricing For Opt-Out Aggregation
The Northeast Ohio Public Energy Council (NOPEC) has released new pricing for its natural gas opt-out municipal aggregations in Ohio
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April 2, 2019
Generators, Consumer Advocates Both Seek Delay Of 2022/23 PJM Base Residual Capacity Auction
Consumer Advocates Warn Delay Could Increase Risk Premium In Default Service Rates
A group of generation owners and a group of consumer advocates have both requested that PJM delay the 2022/23 PJM base residual capacity auction (BRA), which would normally be conducted in May 2019 but which PJM had already delayed until August 2019, citing uncertainty with significant pending…
March 20, 2019
National Grid Default Service Rates Falling 20-25% For Residential, Commercial Customers
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, 2019, and for industrial customers, for the three-month period beginning May 1, 2019
March 6, 2019
NextEra's Kelliher: "In Many States" Retail Competition A "Failure", Resulting In "Higher Rates" From Competitive Suppliers
In prepared written remarks before a hearing of the U.S. Senate's Committee on Energy and Natural Resources, Joseph Kelliher, Executive Vice President of NextEra Energy, Inc. and former FERC Chair, said that, "In many states, retail competition has been a failure, at least for residential customers…
February 21, 2019
PUC Discloses Default Service Suppliers
The Public Utilities Commission of Ohio has disclosed winning bidders from the January 2019 default service auction for a portion of SSO supplies at the FirstEnergy Ohio EDCs for the period beginning June 1, 2019
February 21, 2019
Nstar Files New Basic Service Rates, Default Service 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, 2019 to June 30, 2019.
February 18, 2019
Shell Proposes Removing Pacific Gas & Electric From Supply Procurement Function
Shell Energy North America (US), L.P. filed comments with the California PUC last week proposing removing energy procurement-related responsibilities from Pacific Gas & Electric
February 15, 2019
PUC Discloses Retail Suppliers Selected To Serve Default Service Customers
New Retail Supplier Awarded Customers
The Public Utilities Commission of Ohio has disclosed winning suppliers from Columbia Gas of Ohio's recent Standard Choice Offer auction, designated suppliers that will serve non-shopping customers for the period April 1, 2019 to March 31, 2020.
February 14, 2019
Eversource Files New Default Service Rates, Supplier 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 WCMA Load Zone, the former Western Massachusetts Electric Company (WMECO) service area, for the period April 1, 2019 to June 30, 2019.
February 8, 2019
New Jersey Reports BGS (Default Service) Auction Prices
The New Jersey BPU has approved the 2019 procurement of contracts for one-third of the fixed price Basic Generation Service (BGS) default electric service
February 6, 2019
Texas Retail Provider Files To Relinquish REP Certificate
NextEra Retail of Texas, LP filed at the Texas PUC to relinquish its Texas retail electric provider certificate, stating, all customers served by NextEra Retail of Texas, LP were assigned to Gexa Energy, its affiliate, in September 2018.
January 28, 2019
FPL CEO: Florida Electric Choice Initiative Would Reduce Funding For Police, Firefighters
FPL CEO: Will Work To Educate Voters On "True Motives" Of Initiative Backers
During an earnings call for parent NextEra Energy, Florida Power & Light Company President and Chief Executive Officer Eric Silagy discussed a proposed ballot initiative to introduce retail electric choice in Florida, stating that the initiative would reduce funding available to first responders…
January 28, 2019
NextEra Energy To Acquire Retail Supplier
NextEra Energy Services, LLC has entered into a transaction under which it will acquire 100% of the direct membership interests in Frontier Utilities Intermediate Holding Company, LLC from Frontier Utilities Holding Company, LLC
January 25, 2019
NextEra Energy Reports Earnings For Customer Supply Business
In reporting earnings today, NextEra Energy, Inc. reported earnings for its Customer Supply segment, under NextEra Energy Resources
January 25, 2019
NextEra Names New CEO For Competitive Power Business
NextEra Energy, Inc. today announced that Armando Pimentel, president and chief executive officer (CEO), NextEra Energy Resources, LLC, the company's competitive power generation subsidiary, will be retiring on March 1, 2019, as part of a planned leadership succession process.
December 24, 2018
PSNH Residential, Small Commercial Default Service Rate Will Increase 6% On January 1
The New Hampshire PUC has approved new default service (energy service) rates at Public Service Company of New Hampshire (PSNH) for the six-month period beginning February 1, 2019
December 19, 2018
PUC Discloses Default Service Providers
The Maine PUC has designated Constellation Energy Commodities Group Maine, LLC as the standard offer provider to serve 67% of the residential and small non-residential (commercial) load in the Emera Maine-Bangor Hydro District (EME-BHD, or BHE) service territory for the one-year term beginning…
November 20, 2018
Parent of Retail Supplier Acquires Broker
Retail Consulting Project Co. 1, LLC (RCP1, LLC), which is a wholly owned subsidiary of NextEra Energy, Inc., recently acquired 100% of the legal entity and business operations of broker Premier Power Solutions, LLC (PPS, LLC).
November 15, 2018
Winning Default Service Suppliers Disclosed
The Public Utility Commission of Ohio has disclosed winning bidders from the October 22 auction for a portion of Standard Service Offer (SSO) supplies at the FirstEnergy Ohio electric distribution companies
October 8, 2018
Utility's Residential, Small Commercial Default Service Rates To Increase Over 40%
The New Hampshire PUC has approved new mass market energy service (default service) rates at Unitil for the six-month period beginning December 1, 2018, with the new rates over 40% higher than the current rates
September 17, 2018
Illinois Posts Results From Energy Procurement For ComEd, Ameren Default Service
The Illinois Power Agency has posted results from the fall 2018 block energy procurement for default service at Commonwealth Edison and Ameren
June 26, 2018
Utility's Default Service Rate Falling Due To Reconciliation Balance Despite Higher Wholesale Prices
The New Hampshire PUC has approved new electric default service rates at Liberty Utilities (Granite State Electric), for the six-month period August 1, 2018, through January 31, 2019, resulting from a recent competitive procurement
June 1, 2018
PPL Corp. Acquires Solar Energy Provider
PPL Corporation announced on May 31 that it had acquired Safari Energy LLC, described as a leading provider of solar energy solutions for commercial customers in the U.S.
May 21, 2018
NextEra Energy To Acquire Natural Gas Utility With Choice Program
NextEra Energy, Inc. today announced it has entered into definitive agreements with Southern Company to acquire Florida City Gas, a natural gas utility that offers a choice program for business customers, as well as Gulf Power and Southern's ownership interests in the Oleander and Stanton…
May 18, 2018
UI Discloses Default Service Suppliers
United Illuminating has disclosed the default service suppliers for terms beginning July 1