March 3, 2021
Spark Reports "Sufficient Liquidity"
In reporting fourth quarter and full year 2020 earnings, Spark Energy said that it, "expect[s] the impact of winter storm Uri will result in a significant loss that will be reflected in our first quarter 2021 results of operations," but that the impact remains uncertain due to settlement data and…
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February 22, 2021
Spark Energy, Inc. ("Spark" or the "Company") said in an announcement that it, "wants to assure its customers that it is committed to serving and supporting its Texas customer base through this highly tumultuous time."
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January 20, 2021
Spark Energy, Inc. ("Spark" or the "Company") announced the increase of its senior secured borrowing base credit facility (the "Facility") to $227.5 million in commitments.
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January 12, 2021
CenStar Energy Corp. ('Censtar'); HIKO Energy, LLC; Major Energy Electric Services, LLC; Major Energy Services, LLC; Oasis Power, LLC d/b/a Oasis Energy; Spark Energy, LLC; Spark Energy Gas, LLC; and Verde Energy USA New York, LLC (together, the 'Spark Companies') requested from the New York PSC a…
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January 7, 2021
Supplier Not Required To Charge "Market Rates" Agrees That Rules Under "Essential Utility Services" Code Do Not Apply To Retail Suppliers
The Illinois Commerce Commission issued a final order dismissing a formal customer complaint against Spark Energy Gas, LLC, as the ICC ruled that it is not a violation of Articles IX or VIII of the Public Utilities Act to charge more than the default service provider for gas supply, and ruled that…
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December 30, 2020
Commissioner Warns All Suppliers That PUC's Patience Is Not Unlimited
The Public Utilities Commission of Ohio approved the renewal applications of Verde Energy USA Ohio, LLC d/b/a Verde Energy for certification as a competitive retail electric and gas service provider in Ohio.
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December 4, 2020
Would Dismiss Complaint Seeking To Apply Rules Under "Essential Utility Services" Code To Retail Suppliers
A proposed order from an ALJ at the Illinois Commerce Commission, addressing a formal customer complaint filed against Spark Energy Gas, LLC, would find that, "it is not a violation of Articles IX or VIII to charge more than the default service provider for gas supply."
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November 6, 2020
The Public Utility Commission of Texas granted National Gas Electric Texas, LLC an Option 1 retail electric provider certificate
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November 4, 2020
Spark Energy Reports Higher Electricity Unit Margins, Offset By Lower Volumes
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September 4, 2020
MP2 Energy Texas LLC has disclosed several recent executive changes
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August 24, 2020
Jeff Shoaf has joined the North American energy advisory firm 5 as a Vice President
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August 20, 2020
National Gas & Electric Texas, LLC applied for an Option 1 Texas retail electric provider certificate
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August 19, 2020
Spark Energy, Inc. ("Spark" or the "Company") announced that its Board of Directors has authorized a share buyback program of up to $20 million of Spark's Class A common stock, par value $0.01 per share (the "Class A common stock") through August 18, 2021.
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August 5, 2020
Expects Customer Count To Continue To Shrink From COVID Sales Restrictions
Spark Energy, Inc. ("Spark" or the "Company") reported financial results for the quarter ended June 30, 2020.
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July 17, 2020
Spark Energy, LLC and the Connecticut Office of the Attorney General (AG) have entered into an agreed consent judgment under which Spark is to pay restitution to approximately 559 customers which the AG alleges were enrolled between January 1, 2016 through June 20, 2017, "as a result of an illegal…
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June 16, 2020
Retail Supplier Details Marketing, Compliance Changes
Staff of the Public Utilities Commission of Ohio filed comments recommending that PUCO approve the renewal of Verde Energy USA Ohio, LLC's (Verde) electricity and gas supplier licenses in Ohio.
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June 8, 2020
Direct Energy Says Approval Of Competitors' Plans Without Public Disclosure May Contravene Constitutional Prohibition On Grant Of "Exclusive Privilege"
In May 29 comments to the New York PSC, Direct Energy Services, LLC and Gateway Energy Services Corporation urged the Commission to act expeditiously on Direct Energy’s publicly disclosed green gas proposals, "while leaving to another day the complex issue of how to obtain meaningful public comments…
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May 27, 2020
Several ESCOs applied at the New York PSC for a waiver and/or declaratory ruling to permit the companies to offer certain green gas products as Energy-Related Value Added products to mass-market natural gas customers
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May 6, 2020
Notes "Headwinds" From COVID-19, Says Customer Book Will Shrink From Door-to-Door Sales Suspension Company Reviewing Dividend In Light Of Impacts From COVID-19 Pandemic
Spark Energy, Inc. ("Spark" or the "Company") reported higher Adjusted EBITDA and unit margins for the quarter ended March 31, 2020.
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March 25, 2020
Spark Energy, Inc. ('Spark' or the 'Company') announced in an 8-K that the Company and Nathan Kroeker, who had until recently been serving as Spark's Chief Executive Officer, have entered into a Transition and Resignation Agreement and Mutual Release of Claims (the 'Transition Agreement'), pursuant…
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March 12, 2020
Spark Energy, Inc's. ("Spark" or the "Company") board of directors announced today that Spark's founder, W. Keith Maxwell III, has been appointed as Interim Chief Executive Officer and Executive Chairman of the Board, effective immediately.
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March 5, 2020
Spark Energy in a 10-K further disclosed details of the sale of its Japanese joint venture
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January 9, 2020
Retail electric supplier Iberdrola Solutions LLC has hired several market veterans.
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December 4, 2019
Interstate Gas Supply has filed a brief opposing a stipulation between 2019, Verde Energy USA Ohio, LLC and Staff of the Public Utilities Commission of Ohio
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November 26, 2019
The Connecticut PURA has approved formalizing a settlement agreement with Spark Energy, LLC, under which Spark would pay $500,000 in lieu of an earlier civil penalty of $750,000 assessed against the supplier
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