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October 12, 2021
Vistra Corp. (the "Company" or "Vistra") today announced a new $2 billion share repurchase program and the pricing of a private offering (the "Offering") of 1,000,000 shares of its 8% Series A Fixed-Rate Reset Cumulative Redeemable Perpetual Preferred Stock (the "Preferred Stock") to qualified…
October 5, 2021
TXU Energy launched a new Texas residential electricity plan -- TXU Energy Freedom Rewards - under which customers may earn 30% in free electricity, called Energy Cash rewards, for every dollar they spend on Energy Charges during the term of the plan
September 17, 2021
Staff of the Public Utility Commission of Texas filed a letter with the PUC, in a proceeding concerning an "uplift" financing program as directed by HB 4492, stating that, "This letter is to notify you that Commission Staff and the parties to the above-styled docket have either agreed in principle…
September 3, 2021
Blitz Ventures, Inc. d/b/a EnergyBot, the retail electricity plan comparison website owned by Vistra, filed for an amendment to its Maryland electric and natural gas broker licenses to serve residential customers in all service areas
August 13, 2021
Deletions In Proposed List Indicate REPs' Customer Count Decline From 250,000 Threshold
Staff of the Public Utility Commission of Texas have proposed the fees to be allocated to retail electric providers and other companies to cover the cost of broadcasting PUCT meetings online for FY 2022.
August 13, 2021
Staff of the Texas PUC have proposed the amount of costs to be allocated to each retail electric provider for those REPs who have requested to participate in the matching process to receive a list of their low-income customers for the next fiscal year (fiscal year beginning on September 1, 2021)
August 5, 2021
Vistra Announces Evaluation Of Strategic Direction, Emphasis On Capital Allocation
Vistra, the parent of TXU Energy and several other retail energy brands, reported second quarter Adjusted EBITDA from its Retail segment of $510 million, $109 million higher than second quarter 2020 results of $401 million, "driven by the execution of Vistra's self-help initiatives following Uri."
August 2, 2021
Several Texas retail electric providers have filed comments with the Texas PUC stating that a proposal from PUC Staff to implement an opt-out process for transmission-voltage customers from the winter event uplift financing program impermissibly changes the process to an opt-in process
July 29, 2021
Vistra and its flagship retail electricity brand, TXU Energy, announced that they have launched a new surge protection offering targeted to small business customers in Texas
July 14, 2021
Blitz Ventures Inc. d/b/a EnergyBot, the retail electricity plan comparison website owned by Vistra, filed with the Public Utilities Commission of Ohio a notice of material change to its electricity broker license to update its service areas
June 3, 2021
Goodnight Midstream LLC ("Goodnight"), a midstream produced-water infrastructure company, announced that it has signed a 100 percent renewable energy contract with TXU Energy
June 2, 2021
Several REPs Also Commit To Additional Consumer Protections As End Of DNP Moratorium Considered
The Coalition of Competitive Retail Electric Providers (hereafter "Petitioners") requested that the Texas PUC amend PUC Subst. R. §§25.29 and 25.483 so that Governor-declared states of disaster caused by catastrophic events such as tornadoes or hurricanes become events triggering a temporary…
May 4, 2021
Reports Marginal Decrease In Total Retail Customer Count During Q1
Vistra reported Q1 2021 earnings in a 10-Q filed today.
April 29, 2021
Vistra and its family of retail electricity brands, which includes TXU Energy, announced that they, "are adding another tool to their suite of value-added products and services by treating eligible Texas customers to a free professional A/C tune-up and cleaning."
April 26, 2021
Vistra provided some additional details in an investor call and presentation
April 5, 2021
Vistra said in an 8-K filed on April 2 that it has entered into an upsized loan credit agreement.
April 2, 2021
Just Energy Group Inc. ('Just Energy' or the 'Company') announced that its current Chairman of the Board, Anthony Horton, has been appointed as Executive Chair of the Company by the Board to, among other things, "oversee and provide strategic direction with respect to the exploration and…
March 23, 2021
Also Offering To Pay Up To $150 In Termination Fees For New Customers Leaving Other REPs
TXU Energy announced the launch of TXU Energy EV Pass, which is described as, "the company's first plan designed specifically for electric vehicle owners," and which, "gives customers 50% off all energy charges every weeknight and all weekend long – providing automatic bill credits at times when…
March 17, 2021
The Manager of Licensing and Compliance for the Texas PUC's Customer Protection Division issued a memo stating, "On March 17, TXU Energy Retail Company LLC (TXU) filed a request to increase the number of ESI IDs that it is willing to serve as a VREP [voluntary POLR]."
March 3, 2021
Total Number Of Customers That Volunteer POLRs Have Agreed To Serve Disclosed
The Manager of Licensing and Compliance for the Texas PUC's Customer Protection Division issued a memo concerning requests from retail electric providers to serve as volunteer POLRs (voluntary REPs or VREPs) that were filed after a recent deadline established by the PUC
February 24, 2021
The executive director of the Texas PUC approved the previously reported application of Gexa Energy, LP to serve as a volunteer POLR (aka Voluntary Retail Electric Provider or VREP)
February 22, 2021
Gexa Energy, LP filed a request at the Texas PUC to be designated as a volunteer POLR, aka Voluntary Retail Electric Provider (VREP), for the 2021 through 2022 term
February 20, 2021
Texas Governor Convenes Emergency Meeting To Address Spike In Texas Energy Bills
February 19, 2021
Reliant Energy Retail Services LLC (RERS) filed a request at the Texas PUC to be designated as a volunteer POLR, formally known as a Voluntary Retail Electric Provider (VREP), for the residential and small commercial customer classes.
February 18, 2021
TXU Energy -- the only volunteer Provider of Last Resort in Texas -- has filed with the Texas PUC an increase in the maximum number of customers TXU will accept as a volunteer POLR (aka VREP)
