March 22, 2022
Retail Supplier Names Market Vet As Director of Channel Sales
A retail energy vet has joined…
NRG
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March 22, 2022
Transparent Energy Names Retail Market Vet As Senior Business Development Manager
Transparent Energy today announced that
March 21, 2022
Global Energy & Commodities Firm Receives Option 1 Texas Retail Electric Provider Certificate
The Public Utility Commission of Texas granted…
March 16, 2022
New York PSC Denies ESCO's Mass Market Eligibility Application, Forces ESCO To Cease Service To 5,000 Customers
Also Issues Show Cause Orders To Three ESCOs
The New York State Public Service Commission (Commission) today took action regarding four energy service companies, or ESCOs, operating in New York for that the PSC stated in a news release was, "failing to abide by New York’s strict rules and regulations to protect energy consumers"
January 10, 2022
Texas QSE To Pay $100,000 Under Settlement With PUC Staff
NRG Texas Power LLC (NRG) would pay $100,000 under a settlement with Staff of the Public Utility Commission of Texas to resolve alleged violations of ERCOT Nodal Protocols §§ 6.4.6, related to resource status; 6.5.5.2(7) related to operational data requirements; 6.5.7.5(2), related to Ancillary…
December 22, 2021
Global Energy & Commodities Firm Seeks Option 1 Texas Retail Electric Provider Certificate
Hired Former Retail Supplier VP Earlier This Year
Market Place Energy, LLC applied for an Option 1 Texas retail electric provider certificate
November 17, 2021
Bankrupt Retail Supplier Still Working On "Solution" To Texas Customer Contracts Not Included In Book Sale
Liberty Power Holdings, LLC and relevant affiliates (Liberty, or Debtors) informed a bankruptcy court that the Debtors are still working towards a "solution" for those Texas customers not included in a book sale to NRG
November 5, 2021
NRG Won't Acquire Liberty Power Connecticut Customers, Customers Will Be Dropped To Default Service
Liberty Power Holdings, LLC and related affiliates (Liberty, or Debtors) asked a bankruptcy court to approve an amended customer book purchase agreement with NRG under which NRG agrees that it will no longer acquire any Connecticut customers from Liberty as originally contemplated
November 5, 2021
NRG Reports Overall "Home" Customer Decline, Increased Home Customer Count In Texas
NRG has reported customer counts for its "Home" segment in a 10-Q for the period ending September 30, 2021
November 4, 2021
Texas PUC Commissioner "Disturbed" About Retail Market Concentration Among Gentailers, Concerned Gentailers Proposing Market Reforms That Would Result In Further Retail Consolidation
During a Texas PUC workshop, Commissioner Jimmy Glotfelty, in questioning a representative from NRG, which has proposed an LSE obligation as a reliability solution, stated he is "disturbed" about the existing retail market concentration among gentailers, and that he is concerned about any market…
September 17, 2021
Regulator Discloses Winning Suppliers, Prices From Default Service Procurements
The Illinois Commerce Commission approved the results of the fall 2021 procurement of block energy supplies for default service at ComEd and Ameren, as well as a capacity procurement at Ameren
September 10, 2021
Court Approves Sale Of 40% Of Bankrupt Retail Supplier's RCEs To NRG
Bankrupt Supplier Discusses Path Forward For Remaining RCEs, Potential POLR Drop
A bankruptcy court today approved the sale of a significant book of customers of Liberty Power Holdings, LLC (collectively, 'Liberty Power' or the 'Debtors') to NRG Retail, LLC, which had been previously designated as a stalking horse bidder
August 31, 2021
Auction For Bankrupt Retail Supplier Cancelled
An auction for certain assets of Liberty Power Holdings, LLC and related debtors ("Liberty"), which are currently engaged in bankruptcy proceedings, has been cancelled
August 23, 2021
ERCOT Offers Alternative Lower Collateral Proposal For REPs Under Uplift Financing Program
In rebuttal testimony, ERCOT rejected proposals from several retail electric providers to calculate charges to recover costs of the uplift financing program under HB 4492 on a $/MWh basis. ERCOT continues to propose to collect costs via a daily lump sum charged to LSEs based on the load ratio share…
August 20, 2021
Bankrupt Retail Supplier Enters Stalking Horse Agreement For Sale
Expected Sale Price, Bidder Disclosed Bankrupt Retail Supplier Serving Over 100,000 RCEs
Liberty Power Holdings, LLC, Liberty Power District of Columbia, LLC, LPT, LLC, and Liberty Power Maryland, LLC (collectively, Liberty or Debtors') have filed for approval at a bankruptcy court to designate NRG Retail, LLC as a stalking horse bidder
August 13, 2021
Texas PUC Staff Files Proposed Cost Allocation To REPs For Low-Income Customer List
Staff of the Texas PUC have proposed the amount of costs to be allocated to each retail electric provider for those REPs who have requested to participate in the matching process to receive a list of their low-income customers for the next fiscal year (fiscal year beginning on September 1, 2021)
August 13, 2021
Texas REPs Oppose ERCOT's Initially Proposed Method For Calculating Uplift Financing Charges
Several Texas retail electric providers have opposed ERCOT's proposal for how ERCOT will calculate charges to recover costs of the uplift financing program under HB 4492. REPs also opposed additional security requirements proposed by ERCOT under the financing program
June 15, 2021
Texas REPs Commit To Funding Texas Low-Income Customer List For New Fiscal Year
Several Texas retail electric providers have requested to participate in the matching process to receive a list of their low-income customers for the next fiscal year (fiscal year beginning on September 1, 2021.)
June 2, 2021
Group Of Texas Retail Providers Proposes Rule That Triggers Disconnection Moratorium During Governor-Declared States Of Disaster, & Sunset Absent PUC Action
Several REPs Also Commit To Additional Consumer Protections As End Of DNP Moratorium Considered
The Coalition of Competitive Retail Electric Providers (hereafter "Petitioners") requested that the Texas PUC amend PUC Subst. R. §§25.29 and 25.483 so that Governor-declared states of disaster caused by catastrophic events such as tornadoes or hurricanes become events triggering a temporary…
May 20, 2021
Concierge Shopping Service Owned By NRG Receives New Broker License
The Pennsylvania PUC granted Bounce Energy, Inc. a natural gas broker/marketer license to serve residential, small commercial (under 6,000 MCF annually), large commercial (6,000 MCF or more annually), industrial, and governmental customers in the natural gas distribution company service territories…
May 7, 2021
NRG Reports Retail Customer Count, Sales & Revenue Data
NRG has filed a 10-Q for the period ending March 31, 2021 which provides various metrics on its retail business, including customer count
May 4, 2021
Solar Affiliate Of Retail Supplier Enters Settlement With State's Attorney General Over Alleged Deceptive Sales Practices
New Jersey Attorney General Gurbir S. Grewal announced that NRG Residential Solar Solutions LLC ('NRG') has agreed to pay approximately $69,000, "to resolve allegations that it used deceptive sales practices to mislead consumers into leasing solar energy panels, failed to deliver promised energy…
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 30, 2021
Entrust Says ERCOT Material Breach Finding, POLR Drop Scuttled Sale Of Remaining Customer Book To Another Retail Provider (REP Named In Court Filing)
Price For Prior Book Sales To Rhythm, NRG Disclosed
Entrust Energy (and affiliates, collectively known as the Debtors) has filed with a bankruptcy court a declaration in support of its bankruptcy which provides certain information regarding Entrust activities leading up to, and after, the ERCOT winter event
March 25, 2021
PUC Approves $175,000 Settlement With Retail Supplier
The Pennsylvania PUC approved without modification a settlement between Reliant Energy Northeast LLC d/b/a NRG Home and the PUC's Bureau of Investigation and Enforcement ('I&E'), concerning alleged violations arising from a self-reporting of issues by NRG