April 7, 2016
Verde Energy Acquires Book of Texas Customers
Verde Energy has acquired part of the TruSmart Energy customer book in Texas, a broker averred in a filing with the Public Utility Commission of Texas
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March 4, 2016
Breaking: Judge Grants Temporary Restraining Order Preventing Enforcement Of NY PSC Full Stop Order
Update #3, 4:58 pm: Several orders in response to specific ESCO petitions have been issued. At least one of the temporary restraining orders specifically applies to Ordering Clauses #1-3 of the PSC's Feb. 23 order, and stays their enforcement.
March 3, 2016
New Texas Retail Provider To Offer Prepaid Service
Verde Energy USA Texas, LLC filed a notice of intent with the Public Utility Commission of Texas to provide prepaid service.
August 28, 2015
Retail Provider Names Market Veteran As President of Texas REP, Cites M&A Potential
Verde Energy USA named Don B. Whaley as President of Verde Energy USA Texas, LLC.
May 8, 2015
Retail Supplier Would Make $2,000 Charitable Contribution Under Settlement With Regulator
Verde Energy USA, Inc. would make a $2,000 charitable contribution to Operation Fuel, Inc. to fully resolve a Connecticut PURA Notice of Violation which had alleged that Verde was not in complete compliance with the requirements for quarterly rate notices sent to customers.
March 12, 2015
Consumer Counsel Joins Retail Suppliers in Requesting Re-opening Docket on Retail Supplier Marketing Standards, Sales Practices
The Connecticut Office of Consumer Counsel joined several retail suppliers in asking the Connecticut PURA to re-open Docket 14-07-20, relating to new marketing standards for electric suppliers and a new disclosure statement required for advertisements.
March 9, 2015
Retail Supplier: PJM Uplift Mechanism "Grossly Imperfect"; PJM Cites Filed Rate Doctrine in Opposing Refunds
PJM has opposed a refund of uplift charges related to January 2014 sought by Champion Energy Marketing, citing the filed rate doctrine, while Verde Energy USA, Inc. called PJM's current application of uplift, "unjust and unreasonable, and is contrary to the Commission's cost causation principles."
March 6, 2015
License Briefs
The Public Utility Commission of Texas granted Potentia Energy a REP certificate amendment to reflect a change in its certificate name to Verde Energy USA Texas, LLC. Verde Energy confirmed to EnergyChoiceMatters.com that it will be phasing-out use of the Potentia brand, in favor of Verde Energy.
February 27, 2015
Notice of Violation Would Fine Retail Supplier $5,000
The Connecticut PURA has issued a Notice of Violation against Verde Energy USA concerning Verde's compliance with the quarterly notice required to be sent to customers.
February 24, 2015
Texas REP To Use New Brand, Phase-Out Existing Brand
Verde Energy, which recently acquired Texas retail provider Potentia Energy, will cease using the Potentia Energy brand, the company confirmed to EnergyChoiceMatters.com
February 10, 2015
Verde Energy Listing Offers in New Service Areas
Verde Energy has begun listing residential electric offers for Penn Power and West Penn Power on PA Power Switch
January 23, 2015
New Supplier Offering Service at PECO
Verde Energy is now offering residential natural gas supply at PECO.
December 4, 2014
Verde Energy Acquires Texas Retail Provider
Verde Energy USA Texas, LLC has acquired 100% of the issued and outstanding membership interests in Potentia Energy, LLC.
October 21, 2014
License Briefs
Verde Energy Receives Licenses in New State
September 11, 2014
License Briefs
Verde Energy Seeks Licenses in New States
July 23, 2014
Levco Tech Marketing For New Supplier
Levco Tech is marketing for a new electric supplier in Connecticut.
July 9, 2014
Energy Marketing Conference Names Over a Dozen Retail Execs Highlighting Discussions at September Conference
Energy Marketing Conferences has announced over a Dozen retail energy executives highlighting discussions at its upcoming September 8 New York retail energy conference , which will focus on bundling, value-added services, and renewable energy
June 26, 2014
New Retail Supplier Offering Shell Fuel Rewards
Verde Energy USA has begun offering Shell Fuel Rewards, which provides customers with a discount on Shell gasoline for the amount spent on electricity with Verde
January 20, 2014
License Briefs
Verde Energy Receives New Supplier License
December 12, 2013
License Briefs
Verde Energy USA Illinois, LLC applied for an Illinois alternative natural gas supplier license to serve residential and small commercial customers at Nicor, Peoples Gas, North Shore Gas, and Ameren.
December 10, 2013
License Briefs
Canadian Retail Supplier Newly Entering U.S. Seeks License in New State
November 22, 2013
State Orders Retail Suppliers to Pay $2.5 Million in Alternative Compliance Payments for Improper Assignment of RECs
The Connecticut PURA issued a final order regarding RPS compliance for the year 2010 which denies the request of three retail suppliers to demonstrate compliance with the RPS requirements through RECs that were not settled in the Connecticut Subaccount in GIS, in lieu of paying the higher…
November 15, 2013
License Briefs
The Michigan PSC granted TERM Power & Gas, LLC, d/b/a ENCOA, an alternative natural gas supplier license.
November 5, 2013
License Briefs
Verde Energy Seeks Gas Supplier License in New State
October 4, 2013
Retail Supplier "Default" Drops Customers to Utility Supply Service
A Connecticut retail electric supplier has "defaulted" and its customers were dropped to utility service.