August 19, 2016
Retail Suppliers Relocate HQ To Larger Office Space Due To Growth
Columbia Utilities and PALMco announced the relocation of their corporate headquarters to the Bath Beach area of Brooklyn, New York.
HomeNews By CompanyPalmco
Palmco
Narrow these results by state, topic, company or docket — filters stack, and every story shown carries all of them.
July 29, 2016
License Briefs
IGS Energy Receives Authority To Serve New Service Area
July 26, 2016
License Briefs
Palmco Power MI, LLC applied for a Michigan alternative electric supplier license and Palmco Energy MI, LLC applied for a Michigan alternative natural gas supplier license
June 28, 2016
Retail Supplier Enters $5 Million Settlement With Regulators Over "Competitive Prices" Claim
Palmco Power NJ, LLC and Palmco Energy NJ, LLC have agreed to pay $5.28 million, including up to $4.5 million in consumer restitution, and to significantly revise its business practices, in order to resolve allegations from the New Jersey Attorney General, BPU, and Division of Consumer Affairs that…
June 8, 2016
Retail Supplier Names Market Veterans As Chief Sales Officer, VP of Operations
PALMco Energy named Adam Bashe as Chief Sales Officer and Robert Blake as Vice President of Operations.
March 10, 2016
Regulator Orders Retail Supplier To Send Customers Letter Comparing Supplier's Rate Vs. Utility, Info on Switching
The Connecticut PURA, in an interim order, ordered Palmco Power CT, LLC to send to its existing customers a letter comparing the customer's current Palmco rate with the default service rate, and informing the customer how to switch.
November 16, 2015
Prosecutorial Staff Withdraw From Settlement With Retail Supplier
Prosecutorial Staff of the Connecticut PURA have withdrawn their support of a previously reported settlement with Palmco Power CT, LLC concerning an investigation into Palmco's marketing activities.
July 16, 2015
Retail Supplier Would Make $141,000 Charitable Donation, Agree to Door-to-Door Changes Under Settlement
A settlement between Palmco Power CT LLC and the Prosecutorial Unit of the Connecticut Public Utilities Regulatory Authority requires Palmco to make a $141,000 donation to Operation Fuel and changes to its door-to-door marketing practices to resolve an investigation into its marketing activities.
June 5, 2015
Briefly
Connecticut Schedules Supplier Working Group Meetings
May 29, 2015
Initial Decision Would Find Retail Supplier's Use of Term "Competitive" Violated Marketing Rules Based on Actual Prices Charged (Precedent That Rate Only 5% Higher Uncompetitive?)
An initial decision from a Pennsylvania ALJ would conclude that the use of the term "competitive" by a Palmco Energy PA, LLC sales agent during a sales call to describe rates after an introductory period, when the rates subsequently charged were not found to be competitive by the ALJ, amounts to…
April 28, 2015
Retail Supplier Launching New Loyalty Program Offering $400/4% Annually
PALMco Energy is launching a new customer loyalty program for residential customers which will pay customers 4% of their monthly supply charges over a 12 month period, up to $400 annually.
April 20, 2015
Regulator Issues Cease and Desist Order to Retail Supplier
The Connecticut PURA has directed Palmco Power CT, LLC to immediately cease all door-to-door marketing activities until the Authority concludes a review of alleged violations by Palmco, including allegations that a Palmco agent represented themself as from the utility and that a Palmco agent…
February 27, 2015
Regulator to Examine Retail Supplier's Minimum Usage Requirement, Marketing
The Connecticut PURA has re-opened the licensing docket of Palmco Power CT, LLC to examine the supplier's marketing and solicitation practices as they relate to "minimum usage requirements" allegedly cited by Palmco.
January 9, 2015
Retail Supplier to Pay $2.1 Million Under Settlement with AG, Regulators
HIKO Energy, LLC has agreed to pay $2.1 million, including $1.85 million in restitution to consumers, and to significantly revise its business practices, in order to resolve a complaint filed by the Acting Attorney General, New Jersey Board of Public Utilities (BPU), and New Jersey Division of…
August 20, 2014
New Retail Supplier Offering Service in Massachusetts
PALMco Energy has begun offering service in Massachusetts.
June 23, 2014
Initial Decision Would Affirm Pennsylvania PUC Cannot Adjudicate Claims Under Consumer Protection Law
In a serendipitously posted initial decision, a Pennsylvania PUC ALJ would affirm that the PUC lacks jurisdiction to enforce the Pennsylvania Unfair Trade Practices and Consumer Protection Law (UTP/CPL), and would dismiss a complaint against a retail electric supplier.
June 6, 2014
State Sets Alternative Compliant Payments Due from 18 Retail Suppliers, Some ACPs As High as $10 Million
The Connecticut PURA in a final decision ordered the payment of alternative compliance payments from retail suppliers in the amounts listed below, as PURA reviewed compliance with the RPS for 2011:
June 5, 2014
State Files Suits Against Three Retail Suppliers
The New Jersey Attorney General, the New Jersey Division of Consumer Affairs, and the New Jersey Board of Public Utilities (BPU), have filed complaints in state court against three third-party energy suppliers – Palmco Power NJ, LLC & Palmco Energy NJ, LLC; HIKO Energy LLC; and Keil & Sons, Inc.…
April 22, 2014
California Sees New Retail Suppliers Licensed by PUC
Two retail electric service providers have recently been licensed by the California PUC.
March 28, 2014
Say What? Retail Supplier Says Pa. Variable Rate Controversy Results from "One Or Two Suppliers"
The "extreme" pricing which has been the impetus for several proposed market changes in Pennsylvania result from, "one or two suppliers," NRG Retail Northeast said in comments to the Pennsylvania PUC.
January 17, 2014
Attorney General, OCC: "Thousands" of Choice Customers on Excessive Retail Supplier Rates (17¢-24¢)
The Connecticut Office of Consumer Counsel and Attorney General yesterday issued a consumer alert warning that, "thousands of Connecticut residents [are] currently on rates above 17 cents per kWh, [with] some more than double [the] current Standard Offer price."
December 11, 2013
Retail Suppliers Announce Affinity Program Supporting American Childhood Cancer Organization
Columbia Utilities and PALMco announced an affinity program under which they will make donations to the American Childhood Cancer Organization for customer enrollments and retention.
December 2, 2013
License Briefs
New Retail Supplier Licensed in California
September 27, 2013
PUC Subjects Retail Supplier to Conditions in Granting Expanded License
The Pennsylvania PUC would grant, in a tentative order, Palmco Energy PA, LLC an expanded natural gas supplier license, but, due to certain complaints against an affiliate, subjected the license to certain compliance and reporting conditions.
April 8, 2013
New Retail Supplier Offering Residential Electricity in Ohio
Palmco Power OH, LLC has begun offering residential electricity in Ohio.