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Exelon Reports Impact On Competitive Business From COVID-19

Asked About Prospects For Divesting Generation, CEO Says Non-Nuclear Merchant Generation In Constant "Flux", From Annual Valuation Review

In reporting second quarter results, Exelon reported that the estimated impact of COVID-19 to Exelon utilities’ and Generation’s GAAP Net income as a result of COVID-19 is approximately $100 million and $50 million, respectively, for the second quarter of 2020 and primarily reflects the impact of a…

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NRG: New York Utilities, "Appear To Be Engaged In A Non-Transparent Regime Of Deferred Accounting"

Proposes Deferred Costs Be Included In Bypassable Price To Compare, If Utilities' Financial Health Is A Concern

In comments to the New York PSC in a COVID proceeding, the NRG retail companies ("NRG") said that the PSC should deny, for the utilities, deferred accounting for all but an extremely limited number of costs that were incurred in relation to the utilities’ strict compliance with governmental mandates…

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ERCOT Region Retail Energy News (Page 117) | EnergyChoiceMatters.com