February 28, 2023
The Lubbock, Texas City Council today approved the recommendations of the Lubbock Power & Light utility board in designating default retail electric providers (DREPs), voluntary providers of last resort (VREPs), and a provider of last resort (POLR) for its transition to retail competition
Click for More
February 24, 2023
Lubbock Power & Light has recommended to the City Council a selection of default retail electric providers (DREPs), voluntary providers of last resort (VREPs), and a provider of last resort (POLR) for its transition to retail competition
Click for More
February 14, 2023
Octopus Energy U.S. today announced "Intelligent Octopus for EV,", which the retail provider described as, "a smart-rate that will give drivers across Texas cheaper electricity rates when they smart charge their electric vehicles."
Click for More
January 19, 2023
Octopus Energy U.S. today announced a new partnership with Enphase Energy, Inc., a supplier of microinverter-based solar and battery systems, "to integrate household solar and batteries in energy plans and create a Virtual Power Plant in Texas."
Click for More
December 15, 2022
Another REP: PCM's Increased Financial Requirements, Switching Risk Would Force Retail Market Consolidation, Result In "Gentailer Monopsony" TEAM: PCM Design Makes Fixed Price Retail Contracts Infeasible
Texas stakeholders filed comments at the PUC on a proposed novel Performance Credit Mechanism [PCM] as a means to achieve ERCOT reliability
Click for More
December 8, 2022
The Pennsylvania PUC granted Octopus Energy LLC a retail electric supplier license to serve to residential, small commercial (25 kW and under demand), large commercial (over 25 kW demand), industrial, and governmental customers in all service areas
Click for More
August 25, 2022
The District of Columbia PSC granted Octopus Energy LLC an electric supplier license to serve residential, commercial, and industrial customers
Click for More
August 12, 2022
Texas PUC Commissioners Will McAdams and Jimmy Glotfelty announced in a memo that the following individuals have been named to the new Aggregated Distributed Energy Resources (ADER) pilot task force
Click for More
July 28, 2022
Octopus Energy Group closed its recent funding round, securing US$325m from its existing shareholders on terms agreed during the fundraising round in December 2021.
Click for More
July 6, 2022
Octopus Energy U.S. announced today the launch of Octopus Electric Vehicles (OEV), a new business line whose inaugural product, EV Concierge, is described as, "the first-ever integrated demand response EV leasing plan offered by an energy retailer."
Click for More
June 9, 2022
Octopus Energy has received…
Click for More
June 2, 2022
Will Develop New Retail Electric Products In Concert With Its Affiliate REP
The parent of a Texas REP has today announced that its software licensing arm will open its first U.S. headquarters in Houston, Texas.
Click for More
May 19, 2022
Several Texas retail electric providers have ceased accepting new customers
Click for More
May 11, 2022
Staff of the Texas Public Utility Commission have filed…
Click for More
March 23, 2022
For Texas customers, Octopus Energy today announced the launch of Intelligent Octopus, described as, "its first-ever integrated demand response, fixed-rate plan that rewards customers with a specialized rate for helping to balance the grid when demand for energy is high."
Click for More
February 2, 2022
Octopus Energy LLC applied for an Ohio electric supplier license to serve all customer classes in all service areas
Click for More
February 1, 2022
Octopus Energy LLC filed registration as a New York ESCO to serve all customer classes, including mass market customers
Click for More
January 20, 2022
Octopus Energy LLC applied for a District of Columbia electric supplier license to serve all customer classes
Click for More
December 16, 2021
Octopus Energy LLC has applied for a Maryland retail electric supplier license to serve all customer classes in all service areas
Click for More
December 14, 2021
Octopus Energy Group announced a new long-term strategic partnership with Canada Pension Plan Investment Board (CPP Investments), one of the world’s largest pension funds
Click for More
November 3, 2021
The Texas PUC granted Tesla Energy Ventures, LLC an Option 1 Texas retail electric provider certificate
Click for More
September 27, 2021
Octopus Energy Group today announced, "a major strategic partnership with Generation Investment Management, a firm established in 2004 to back businesses driving sustainability and the fight against climate change, in a deal that valued the UK entech pioneer at $4 billion pre-deal, and up to $4.6…
Click for More
September 7, 2021
In reply comments to the Texas PUC in a customer protection rulemaking implementing various recent legislation, Evolve Retail Energy LLC d/b/a Octopus Energy said that the PUC should require REPs provide, on a monthly basis, clear notice of the price applicable for the month before that product goes…
Click for More
September 7, 2021
Octopus Energy is offering new residential electricity plans in Texas that include one-year of free Amazon Prime membership for new customer enrollments
Click for More
September 1, 2021
In comments to the Texas PUC in a customer protection rulemaking implementing various recent legislation, Evolve Retail Energy LLC d/b/a Octopus Energy said that the PUC should "clarify" proposed §25.475(e)(3)(A) to require a REP to provide, on a monthly basis, "clear notice of the price applicable…
Click for More