October 13, 2020
Retail suppliers opposed several measures relating to the treatment of bundled products in draft Maryland rules for supplier consolidated billing (SCB), warning that such rules would jeopardize the success of the SCB program
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October 9, 2020
EGSs Say Their Proposal Is Meant To Address Current, "Illegal And Discriminatory Treatment"
In a recently filed brief at the Pennsylvania PUC in the default service proceeding of Duquesne Light, Calpine Retail Holdings, LLC urged the PUC to reject a proposal from some retail electric suppliers to make Network Integration Transmission Services (NITS) a nonbypassable cost, with Duquesne…
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September 29, 2020
Vistra Raises 2020 Financial Guidance, Announces Long-Term Capital Allocation Plan
Vistra, the parent of TXU Energy and various other retail energy brands, has launched Vistra Zero, a portfolio of zero-carbon power generation facilities, including seven new developments announced today in its primary market of ERCOT that total nearly 1,000 megawatts.
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September 24, 2020
Dynegy today announced that it has entered into a multi-year partnership with Chicago's iconic Willis Tower to provide 100% wind power (RECs) to the Tower.
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September 1, 2020
A company named "Dynergy" has filed, with the Public Utility Commission of Texas, a registration as a Texas electric broker
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August 21, 2020
Staff of the Public Utility Commission of Texas have proposed the individual amounts to be allocated to individual retail electric providers for provision of the low-income customer identification service for the State fiscal year beginning on September 1, 2020 (FY 2021).
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August 17, 2020
Staff of the Illinois Commerce Commission recently filed comments on several separate petitions from retail energy suppliers to resume various in-person marketing channels, with Staff not opposing much of the relief, but opposing channels in which a sale representative would appear without a…
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August 12, 2020
The Maryland PSC granted Staff's request, discussed in our earlier story below, for an extension until September 22, 2020 for the supplier consolidated billing working group to file draft SCB regulations and business processes
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August 12, 2020
Ambit Northeast, LLC ('Ambit Energy') and Vistra Corp ('Vistra’) advised the Pennsylvania PUC that they have entered into an agreement for the acquisition by Vistra’s subsidiary, Dynegy Energy Services East, LLC ('Dynegy'), of certain customer accounts of Ambit Energy in the Commonwealth of…
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August 11, 2020
Staff of the Maryland PSC sought an extension of the deadline to file draft regulations and business processes to govern supplier consolidated billing (SCB)
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August 5, 2020
Retail Segment Earnings Higher On Acquisitions Vistra "Active" In Reviewing Retail Book Acquisition Opportunities From REPs Experiencing Stress From COVID-19
Vistra, the parent of TXU and other retail brands, reported earnings for the quarter ending June 30, 2020.
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July 24, 2020
Would Result In NRG Owning Four Of The Former Affiliated REPs (Utility Spin-offs) In Texas Update: NRG Details Strategy Under Acquisition; Product, Geography Expansion; Pro Forma Customers, Volumes
Update: NRG Details Strategy Under Acquisition; Product, Geography Expansion; Pro Forma Customers, Volumes
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July 6, 2020
Vistra, the parent of TXU Energy, Ambit Energy, Dynegy, and various other retail energy brands, today announced the appointment of Tom Farrah as senior vice president and chief information officer, effective July 6, 2020.
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July 1, 2020
On June 29, 2020, Vistra Energy Corp. (the 'Company') filed with the Secretary of State of the State of Delaware a Certificate of Amendment to the Company’s Restated Certificate of Incorporation (the 'Certificate of Amendment') to change the legal name of the Company from 'Vistra Energy Corp.' to…
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June 18, 2020
Energy Service Providers, Inc. d/b/a New York Gas & Electric; U.S. Gas & Electric, Inc. d/b/a New York Gas & Electric; Everyday Energy, LLC d/b/a Energy Rewards; Public Power, LLC; Viridian Energy NY, LLC d/b/a Viridian Energy; Viridian Energy PA, LLC d/b/a Viridian Energy; and Ambit New York, LLC d…
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June 16, 2020
Bounce Energy, Inc. applied for a Pennsylvania electric broker/marketer license to serve all customer classes in all service areas
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June 5, 2020
Vistra Energy included in a newly published annual sustainability report its residential customer equivalent (RCE) count as of December 2019.
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May 29, 2020
Staff Says An Additional (Higher) Financial Requirement For Door-to-Door Marketing Is, "Appropriate" Staff Recommends Forms of Acceptable Financial Instruments
Staff of the New York Department of Public Service have issued a whitepaper with recommendations concerning new ESCO financial assurance requirements
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May 21, 2020
Exelon, PSEG Propose FRR, Allocation Of Capacity Costs To Retail Suppliers Clean Energy Group Urge Consideration Of Long-Term Contracts For BGS
Various retail suppliers filed comments with the New Jersey BPU opposing, or otherwise expressing concerns with, a Fixed Resource Requirement (FRR), while PSEG and Exelon Generation Company, LLC proposed an "Integrated FRR Procurement" to address resource adequacy and clean energy goals in light of…
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May 15, 2020
The Retail Energy Supply Association, AEP Energy, Inc., Direct Energy Business, LLC and Direct Energy Services, LLC ('Direct Energy'), Energy Harbor LLC, Energy Professionals of Ohio ('EPO'), Interstate Gas Supply, Inc. ('IGS'), and Vistra Energy Corp. ('Vistra') (the 'Joint Applicants') petitioned…
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May 5, 2020
Vistra CEO Still Notes Risk For Smaller REPs Heading Into Summer, Says Some "Movement Afoot" In REPs Seeking To Sell Books
Curt Morgan, Vistra Energy's president and chief executive officer, said during an earnings call today that the Texas retail electric market would have seen, "carnage", had the Texas PUC not adopted a previously reported Electricity Relief Program that reimburses retail electric providers $0.04/kWh…
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May 5, 2020
Residential Customer Count Lower Retail Segment Quarterly Adjusted EBITDA Higher On Acquisitions Since Prior Year
In reporting earnings today, Vistra Energy reported that it expects a negative $60 million impact to its Retail segment near-term from COVID-19, but affirmed 2020 guidance as the decline would be offset by gains in its Generation segment
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April 22, 2020
PUC Of Ohio Grants Broker/Aggregator License To FirstEnergy Advisors
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April 15, 2020
Vistra announced that it is increasing the size of its battery energy storage project located at the site of its Oakland Power Plant.
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April 8, 2020
Winning Suppliers Disclosed
The Massachusetts DPU has approved new electric basic service rates at Fitchburg Gas and Electric Light d/b/a Unitil, for the six month period beginning June 1, 2020
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