December 18, 2024
Utility Withdraws Proposed New Credit Requirements For Retail Suppliers
As part of an updated tariff…
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December 12, 2024
PUC Orders Utility To File Proposal To Serve At Least 50% Of Mass Market Default Service Under ISO Market Purchases
In a potential further expansion of the use of…
December 9, 2024
Utility's Mass Market Default Service Rates Falling 20%
A utility has filed with…
October 7, 2024
PUC To Open Additional Phase Of Default Service Review To Examine More Sophisticated Products
A PUC anticipates opening…
August 29, 2024
Utility Files Significant Reduction In Residential POR Discount Rate
An EDC has proposed a significant reduction to its residential purchase of receivables discount rate
August 22, 2024
PUC Approves Design For New Purchase Of Receivables Program At State's Largest Utility
A PUC has approved the design of a purchase of receivables program at…
August 16, 2024
PUC Adopts Design For New Purchase Of Receivables Program
A PUC approved the key elements for the design of a new purchase of receivable program at
June 11, 2024
Mass. Utility's Residential Default Service Rate To Remain Above 19¢ For Another 6 Months
As the Massachusetts legislature debates whether to end residential electric choice, one of the state's utilities will see the mass market default service rate remain above 19 cents per kWh for another six months, the utility's filed rates are approved
June 7, 2024
State's Third Largest City Receives Approval For Opt-out Municipal Aggregation
The New Hampshire PUC recently approved the Community Power Electric Aggregation Plan of…
April 15, 2024
PUC Approves Plan For Use Of ISO Markets For Portion Of Default Service Load, Pricing Addressed
A PUC has approved a plan filed by…
December 15, 2023
Update: PUC Orders Another Utility To File Proposal For Use Of ISO Market Prices For 10-20% Of Mass Market Default Service
Mass Market SOS Rate Falling 22%
A PUC has directed…
December 8, 2023
PUC Orders Utility To File Proposal For Use Of ISO Market Prices For 10-20% Of Mass Market Default Service
Mass Market SOS Rates Falling 20%
A PUC had ordered…
October 10, 2023
Utility Files To Double Residential POR Discount To Over 3%
An EDC has proposed new POR discount rates
September 1, 2023
Regulator Orders Changes In Fixed Price Periods Under Default Service
The Massachusetts DPU ordered the electric distribution utilities to separate January and February into separate basic service pricing periods, such that January and February will no longer be in the same fixed retail rate price period, with a change made for both mass market and large customers
June 23, 2023
PUC Now Proposes Exploration Of Serving 25% Of Small Customer Load Under ISO Market Prices
As it did recently with respect the Unitil, the New Hampshire PUC encouraged Public Service Co. of New Hampshire (Eversource) to explore the use of ISO-NE market prices for a portion of small customer default service supply
June 19, 2023
Utilities Propose New Creditworthiness Test, Security, & Collateral Requirements For Retail Suppliers
Several New Hampshire utilities, including Public Service Company of New Hampshire (Eversource) and Unitil, have proposed new requirements for a creditworthiness test, security, and potential collateral requirements for retail electric suppliers and community power aggregators (CPA), the Community…
June 16, 2023
PUC Finds ISO Market Rates For Default Service "Successful" In Neighboring State, Encourages Consideration By Own Utility
In approving rates under the most recent default service procurement at Unitil (see new rates here) , the New Hampshire PUC encouraged Unitil to explore, for its next procurement, including a portion of default service supply which would be linked to ISO New England prices, for the utility's small…
June 16, 2023
Utility's Residential, Small C&I Default Service Rates Falling 50%
The New Hampshire PUC approved new default service rates at Unitil for the six-month period of August 1, 2023, through January 31, 2024 (all rates in this story are all-in rates and include the RPS adder, etc).
February 9, 2023
NRG: Regulator's Proposed Default Service Changes Would Make "Chumps" Out Of Certain Customers
Wholesale Supplier Proposes Longer Term Fixed Procurements Of Default Service (Fixed Volume Financial Block)
January 11, 2023
Utilities Propose New Purchase Of Receivables Programs, Discount Rates
The New Hampshire investor-owned electric utilities have proposed new purchase of receivables programs, in response to recent state law and PUC rulemaking
December 12, 2022
Regulator Denies Utility's Petition To Remove Mystic Costs From Default Service Bids
The Massachusetts DPU denied a petition from National Grid which had sought to exclude the responsibility for costs resulting from the ISO New England Mystic Cost of Service Agreement from electricity basic service (default service) bids, with bidders instead passing through to National Grid their…
October 1, 2022
PUC Approves Change In Default Service Pricing Applicable To Customers Who Returned From Competitive Retail Supply
The New Hampshire PUC has approved new electric default service rates at Unitil Energy Systems, Inc. for the eight-month period beginning December 1, 2022
September 27, 2022
Regulator Intends To Open Review Of Default Service Procurements
Responding to a request from the Massachusetts Attorney General, the Massachusetts DPU said that, "In regards to examining rules governing future procurement of basic service, the Department intends to open such an investigation after the resolution of the short-term procurement proposals pending…
September 2, 2022
Utility To Reduce Residential POR Discount From 5% to 1.4%
In Massachusetts, Fitchburg Gas and Electric Light Company d/b/a Unitil has proposed new Standard Complete Billing Percentages (SCBPs, aka POR discount rates) in an annual Purchase of Receivables filing
August 18, 2022
Utility Seeks Alternative Default Service Procurement Approach, Switch To Average Costs & Lower Rates, More Mitigation Authority
Fitchburg Gas and Electric Light Company d/b/a Unitil (the Company) filed at the Massachusetts DPU for approval of an alternative approach to procuring and pricing basic service, "which is designed to address uncertainty relative to the Fitchburg municipal aggregation."