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November 5, 2019
For the quarter ended September 30, 2019, Spark Energy, Inc. reported Adjusted EBITDA of $28.1 million, compared to Adjusted EBITDA of $18.6 million for the quarter ended September 30, 2018.
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October 1, 2019
UNIONDALE, N.Y. – October 01, 2019 – EC Infosystems, a leader in Electronic Data Interchange (EDI) and Billing/Customer Information Solutions (CIS) for companies in the deregulated energy industry , has announced their annual user conference will include an operations panel of industry veterans and…
September 27, 2019
Spark Energy, Inc. today announced the resignation of Jason Garrett, Spark's Executive Vice President, Spark Retail, effective September 25, 2019.
August 28, 2019
Spark Energy, Inc. ("Spark" or the "Company") announced that Amanda (Mandy) Bush has been appointed to the Company’s Board of Directors, effective August 27, 2019, as an independent director.
August 19, 2019
Spark Energy, which now owns the Major Energy brand, provided the following statement: "Major Energy was purchased by Spark Energy subsequent to the allegations made by the IL Attorney General. Spark is focused on a culture of compliance for all its brands, including Major, and is pleased to put…
August 7, 2019
Adjusted EBITDA Lower On Mild Weather, Customer Acquisition RCE Count Down
Spark Energy reported results for the second quarter of 2019
July 19, 2019
The Connecticut PURA has referred the matter of changes in prices, under what PURA calls "fixed" price contracts, by Spark Energy, LLC (Spark), and Direct Energy Services, LLC (Direct) to the Connecticut Attorney General and Connecticut Department of Consumer Protection for further investigation, if…
July 17, 2019
Says OCC Ignores Scaling Factor, Other Impacts On Capacity Costs
Spark Energy LLC has requested that the Connecticut Public Utilities Regulatory Authority hold a hearing in PURA's proceeding addressing a declaratory ruling regarding the altering of the prices in fixed-price contracts, specifically, with respect to ISO charges
July 17, 2019
The Connecticut PURA issued a final order imposing a civil penalty in the amount of $750,000 on Spark Energy, LLC as PURA concluded that a pre-recorded telemarketing message used by a subcontractor of an agent of Spark Energy, LLC violated certain statutes
July 15, 2019
Spark Energy, Inc. ('Spark' or the 'Company') announced today that it has entered into a TRA Termination and Release Agreement (the 'Release Agreement'), and agreed to pay $11.2 million to terminate and settle all present and future obligations under the Tax Receivable Agreement ('TRA') that was…
July 11, 2019
The Connecticut PURA issued a further proposed decision under which PURA would determine that a pre-recorded telemarketing message used by a subcontractor of an agent of Spark Energy, LLC violated certain statutes, and under which PURA would impose a civil penalty in the amount of $750,000 on Spark…
June 28, 2019
In a brief before the Connecticut PURA, the Connecticut Office of Consumer Counsel said that retail electric suppliers' exercise of "change in law" clauses can not supersede the statutory obligation to obtain customer consent
June 27, 2019
Spark Energy, LLC would pay $90,000 under a settlement with Staff of the Public Utility Commission of Texas to resolve alleged violations of TAC §§ 25.474(h)(5)(B)(vi), concerning verification of authorization of telephonic enrollment; 25.475(c)(2)(H), concerning general contracting requirements…
June 14, 2019
The Connecticut Public Utilities Regulatory Authority has requested briefing in its proceeding that was opened to determine if retail electric suppliers’ practices of altering the terms of a fixed-price contract constitute unfair and deceptive trade practices, including but not limited to altering…
June 13, 2019
Spark Energy, Inc. ("Spark" or the "Company") today announced an amendment and extension (the "Amendment") of its senior secured credit facility (the "Facility").
May 23, 2019
Spark Energy, Inc. reported that, on May 22, the Board of Directors of the company appointed Nathan G. Kroeker, the Company’s current Chief Executive Officer, to also serve as Interim Chief Financial Officer (Principal Financial Officer and Principal Accounting Officer) while the Company searches…
May 7, 2019
Spark Ramping Up Organic Growth
Note: An earlier version of this story was first posted at 4.19 p.m. on May 6. The story has been updated throughout with additional details from a 10-Q filed on May 7
May 7, 2019
On May 3, 2019, Robert Lane, Spark Energy's Vice President and Chief Financial Officer (Principal Financial Officer and Principal Accounting Officer), provided notice of his resignation, to take effect on May 21, 2019, Spark disclosed in reporting earnings
May 6, 2019
Spark Ramping Up Organic Growth
Note: An earlier version of this story was first posted at 4.19 p.m. on May 6. The story has been updated throughout with additional details from a 10-Q filed on May 7
April 24, 2019
Names Retail Energy Vets To President Positions
Note: This story was first published at 5:19 pm on April 24 with an alert to our email subscribers
April 12, 2019
The Connecticut PURA issued a proposed decision under which PURA would determine that a pre-recorded telemarketing message used by an agent of Spark Energy, LLC violated certain statutes, and under which PURA would impose a civil penalty in the amount of $750,000 on Spark Energy
April 11, 2019
Erik Swiler has joined SFE Energy as Senior Manager, Business Development
March 6, 2019
Spark Energy has formally rolled out the Spark brand for electricity supply service to residential and business customers in Delaware
March 5, 2019
Spark Energy reported that its Retail Gross Margin for electricity was $14.44/MWh for the year 2018, versus $23.46/MWh a year ago
March 4, 2019
Spark Targeting 1-3 Tuck-in Deals This Year
Spark Energy, Inc. ("Spark" or the "Company") today reported financial results for the year ended December 31, 2018.
