May 21, 2019
The Texas Senate today has concurred with amendments made by the House when the House recently passed SB 1497, which would subject electricity brokers to a registration requirement and regulation by the Public Utility Commission of Texas
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May 21, 2019
The Texas PUC granted ADK Solutions, LLC an electric aggregator certificate to serve commercial customers. Churches are the main focus of the proposed service. The company is currently active as a broker
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May 20, 2019
New Law Ends Gross Receipts Tax On Public School District Customers, Mandates REPs Pass-Through Savings
Texas Governor Greg Abbott has signed HB 2263 which terminates the authority of the Texas General Land Office to sell retail electricity (currently done via a contracted REP, which is Cavallo Energy Texas, a wholly-owned subsidiary of Calpine) under the State Power Program
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May 20, 2019
Stream To Be "Exclusive Marketer" To The Retail Energy Business Acquired By NRG
Stream said that, "At closing, Stream’s remaining business will emerge as a new brand to market energy and wireless services through its independent sales organization and will be the exclusive marketer to the retail energy business acquired by NRG"
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May 17, 2019
Speaking during a panel at DNV GL's Energy Executive Forum, Gregory Craig, CEO of Griddy, said that, "if customers get screwed all the time, they'll re-regulate."
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May 16, 2019
Statement Of Legislative Intent: No Fees For Registration, Only "Most Basic" Registration To Be Required At PUC
The Texas House has passed a committee substitute for SB 1497, which would subject electricity brokers to a registration requirement and regulation by the Public Utility Commission of Texas
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May 16, 2019
Summer Energy Holdings, Inc. reported net income of $112,254 for the three months ended March 31, 2019, versus a loss of $637,155 a year ago
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May 16, 2019
NRG Energy, Inc. ("NRG"), on its own behalf and on behalf of the retail electric providers ("REPs") and power generation companies ("PGCs") it owns and operates in Texas, filed an objection to the application of CNRG Group, LLC, an entity unaffiliated with NRG, for a Texas electric aggregator…
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May 16, 2019
Penstar Power, LLC applied for an amendment to its Texas retail electric provider certificate to reflect a change in ownership
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May 14, 2019
Investment Will Allow For Expansion Beyond Texas
Griddy Energy has signed a strategic partnership with EDF Trading Ltd (EDF), a subsidiary of the EDF Group, which includes an equity investment by EDF into Griddy
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May 14, 2019
As requested by retail electric providers, a Texas ALJ has revised the suspension date for Oncor's proposed updates to its Distribution Cost Recovery Factor (DCRF), a charge applicable to retail electric providers taking delivery service
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May 14, 2019
John Werner has joined Gexa and NextEra Energy Services as Vice President and General Manager of the Commercial & Industrial business
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May 13, 2019
As first reported by EnergyChoiceMatters.com on April 17 , several electric industry veterans, including Chris Hendrix, are launching a new Texas retail electric provider, called Demand Control 2, LLC
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May 13, 2019
Smart Meter Texas Market Holding Workshop For REPs
CenterPoint Energy Houston Electric has issued a save-the-date for its 2019 Competitive Retailer workshop, to be held July 25, 2019 in Houston
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May 13, 2019
Troy Captain was recently named Senior Manager, Operations at Value Based Brands LLC (which operates as 4Change Energy and various other brands)
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May 10, 2019
The Public Utility Commission of Texas issued a written order on discrete changes to its scarcity pricing rules, in which the Commission held that the operating reserve demand curve and the real time reliability deployment price adder shall remain in place in the ERCOT market even when the low…
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May 10, 2019
PUC Also Won't Consider CEHE Proposal For Additional Allowance For Facility Extensions To Electric Vehicle Charging Stations
The Public Utility Commission of Texas issued a preliminary order in CenterPoint Energy Houston Electric (CEHE, or CenterPoint), LLC's newly filed rate case.
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May 10, 2019
REPs Would Be Subject To Billing And Collection Standards For New Nonbypassable Rider
AEP Texas Inc. (AEP Texas) and the Staff (Staff) of the Public Utility Commission of Texas (Commission) have reached a settlement concerning establishment of a financing order to securitize the distribution-related system restoration costs incurred by AEP Texas due to Hurricane Harvey and other…
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May 8, 2019
ERCOT today released its final Seasonal Assessment of Resource Adequacy (SARA) for the upcoming summer season (June – September), a preliminary assessment for fall and an updated Capacity, Demand and Reserves (CDR) Report.
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May 8, 2019
Infinite Electric, LLC and its affiliate Infinite Energy, Inc. (together, Infinite Energy) sent a cease and desist letter to Infinite Watts, LLC demanding that Infinite Watts, LLC, a start-up seeking a Texas retail electric provider certificate, cease and desist from further promotion and sale of…
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May 6, 2019
CNRG Group Seeks Texas Aggregator Certificate
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May 6, 2019
Genie Energy Reports Customer Growth Domestic Earnings Higher On Margin Improvement
Genie Energy reported customer growth and higher Adjusted EBITDA for the first quarter of 2019.
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May 3, 2019
A 10-Q for NRG disclosed further details concerning earnings for the quarter ending March 31, 2019 (Q1 2019).
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May 3, 2019
Vistra CEO Does Not Expect Further Retail M&A In 2019, Harder To Say Beyond This Year Vistra Sees A "Bit Of Attrition" In ERCOT Retail, Reports Customer Year-Over-Year Growth
Vistra Energy, the parent of various retail energy brands including TXU Energy and Dynegy, reported Adjusted EBITDA for its Retail segment of $257 million for the first quarter of 2019, up from $194 million a year ago
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May 3, 2019
Bill Ends Gross Receipts Tax On Public School District Customers, Mandates REPs Pass-Through Savings
The Texas Senate has passed without amendments HB 2263 which would terminate the authority of the Texas General Land Office to sell retail electricity (currently done via a contracted REP) under the State Power Program
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