March 24, 2021
PUC Approves $100,000 Settlement With Retail Supplier
PUC Commissioner Says Lack Of Quality Assurance By Suppliers May Be Inferred As Speaking To Supplier's Technical Competence (Or Lack Thereof) For Continued Licensure
NRG
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March 2, 2021
NRG Reports Decline In Texas, Total Mass Market Customer Count From Sept. 30 To Dec. 31, 2020
In filing a 10-K for the year ending December 31, 2020, NRG reported mass market customer data.
February 24, 2021
Updated: Exelon Evaluating "All Options" With Respect To ERCOT Business
Exelon To Spin-off Its Competitive Retail Supply, Generation Business Into Separate Company; Exelon Will Focus Solely On Regulated Utilities
February 19, 2021
Texas Attorney General Issues Civil Investigative Demands To Retail Electric Provider, Several Generators, Other Companies
Texas Attorney General Ken Paxton today issued Civil Investigative Demands (CIDs) to ERCOT and other power companies, regarding power outages, emergency plans, energy pricing, and more related to this week’s winter weather disaster.
February 9, 2021
Additional Specific Retail Suppliers Would Receive Ability To Conduct Certain In-Person Marketing Under Proposed Orders
Proposed orders from two Illinois Commerce Commission ALJs would grant petitions from various Vistra retail suppliers for authorization to conduct in-person marketing at storefronts and similar retail establishments for electricity and natural gas, and would grant a petition from several NRG retail…
February 3, 2021
Realty Manager Of Empire State Building, Other Properties Selects Retail Supplier For 100% Wind Contract
Empire State Realty Trust, Inc. (ESRT) announced the purchase of 100% renewable wind electricity for its entire commercial portfolio under a new three-year contract with Green Mountain Energy
January 22, 2021
Proposed Order Would Allow Another Retail Supplier To Resume In-Person Marketing At Storefronts
Proposed orders from an Illinois ALJ would grant petitions from Just Energy to resume in-person marketing of both electricity and natural gas at storefronts and similar retail establishments, subject to conditions
January 15, 2021
ALJ Denies Petitions For Resumption Of Certain In-Person Marketing Filed By Two Retail Suppliers
An Illinois ALJ issued a ruling that denies separate petitions from the Vistra retail suppliers, as well as IGS Energy, for the resumption of various forms of in-person retail energy marketing.
January 14, 2021
PUC Seeks Comment On $175,000 Settlement Between Retail Supplier, PUC Staff
The Pennsylvania PUC issued for public comment 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
January 11, 2021
NRG To Pay $85,000 Under Settlement Approved By FERC; Chair Danly Says NRG Did Not Violate Tariff Or FERC Regulation
FERC, in a 2-1 vote, approved a Stipulation and Consent Agreement (Agreement) between its Office of Enforcement (Enforcement) and NRG Power Marketing LLC (collectively, the Parties) to resolve Enforcement’s investigation into whether NRG Power Marketing LLC violated the ISO New England Inc. (ISO-NE)…
December 21, 2020
NRG Retail Suppliers: Prohibition On In-Store Marketing Harming Small Businesses, Individual Agents
NRG Reports No COVID Spread Over Tens Of Thousands Of Shift Hours For Areas Allowing In-Store Sales
Various retail suppliers have responded to the opposition from the Attorney General of the State of Illinois and Citizens Utility Board to various proposed resumptions of in-person marketing, such as the resumption of in-store marketing as sought by Reliant Energy Northeast and Green Mountain Energy…
December 8, 2020
Retail Supplier To Pay $100,000 Under Settlement With PUC Staff
Reliant Energy Northeast LLC d/b/a NRG Business, NRG Home and NRG Retail Solutions ('NRG' or 'Company') has agreed to a forfeiture of $100,000 under a settlement with Staff of the Public Utilities Commission of Ohio ('Staff') to resolve all of the issues identified by Staff in a Notice of Probable…
December 2, 2020
Texas Retail Vets Returning To ERCOT Market With New REP
Seeks To Use Trade Names "Value Power", "Value Energy"
Capital Energy PA LLC applied for an Option 1 Texas retail electric provider certificate
November 25, 2020
FERC Approves NRG Energy Acquisition Of Direct Energy (Was Final Regulatory Approval Needed)
FERC issued an order approving the application of NRG Energy, Inc. (NRG), Direct Energy Marketing Inc. (Direct Marketing), Direct Energy Services, LLC (Direct Services), Direct Energy Business, LLC (Direct Business), Direct Energy Business Marketing, LLC (Direct Business Marketing), and Gateway…
November 18, 2020
Distributed Solar Company Says It Has Acquired The "Balance" Of NRG's Residential Solar Asset Portfolio
Spruce Finance said that it has acquired two new asset portfolios, "including the balance of NRG's residential holdings."
November 6, 2020
NRG Reports Decline In Total Mass Market Retail Customer Count Versus June 30, 2020, But Again Sees Growth In Texas
In a 10-Q for the quarter ending September 30, 2020, NRG reported a decline in mass market customer count versus June 30, 2020
November 3, 2020
PUC Staff Favor's Utility Proposal To List Amount Of Shadow-Billed Default Service Cost On Shopping Customers' Bill, Prominently On First Page
OCC: Utility Data Shows Residential Customers Paying More By Shopping, Compared To Default Service
Staff of the Public Utilities Commission of Ohio filed comments in support of the application of Ohio Power Company (the 'Company' or 'AEP Ohio') for approval of a modified bill format that would provide the shadow-billed total supply cost that a shopping customer would have paid, had the customer…
September 30, 2020
Retail Supplier To Pay $175,000 Under Settlement With PUC Staff, Involves Alleged Misuse Of Eligible Customer List For Enrollments At Storefront Establishments
Reliant Energy Northeast LLC d/b/a NRG Home has entered into a settlement agreement with the Pennsylvania Public Utility Commission's ('Commission') Bureau of Investigation and Enforcement ('I&E') to resolve alleged violations related to customer authorization for switches and alleged misuse of…
September 23, 2020
Retail Energy Regulators, Executives To Discuss Pros and Cons of Competitive Energy During Energy Marketing Conferences Webinar
Energy Marketing Conferences on Sept. 29 is conducting a free webinar with retail energy thought leaders discussing the Pros and Cons of Competitive Energy
September 22, 2020
NRG Retail Suppliers Ask Regulator To "Clarify" That Online Enrollments Following In-Person Marketing Interactions At Storefront Locations Should Be Governed By Online Disclosure Requirements, Not In-Person Obligations
The NRG Retail Companies recently submitted to the Massachusetts DPU a motion for clarification requesting that the DPU clarify that the in-person enrollment contract summary form obligations set forth in the Department’s May 22, 2020 Order on Tier One Initiatives -- which include a component of…
August 31, 2020
NRG Launches Carbon Offset "Subscription" Offering
NRG is offering monthly and annual carbon offset "subscriptions" to its electricity and natural gas customers, and others, through a new website, picknrgoffsets.com
August 26, 2020
Direct Energy Officially Launches New Energy Shopping Concierge Service Bounce Energy
Direct Energy said that it has launched Bounce Energy (Bounce), "a new residential energy advisory and concierge service that helps customers save money by finding and switching them to a better priced electricity and natural gas plan."
August 21, 2020
Texas PUC Staff Propose Cost To Be Allocated To Individual Retail Providers For Provision Of Low-Income Sync List In FY 2021
Staff of the Public Utility Commission of Texas have proposed the individual amounts to be allocated to individual retail electric providers for provision of the low-income customer identification service for the State fiscal year beginning on September 1, 2020 (FY 2021).
August 6, 2020
NRG Reports Second Quarter Earnings
NRG reported Adjusted EBITDA of $574 million for the second quarter of 2020, versus $469 million a year ago
July 24, 2020
NRG Reports Capital Allocation For Small Book Acquisitions
In providing a business update in connection with its announced agreement to acquire Direct Energy (story here) , NRG disclosed the capital allocated for small book acquisitions.