November 18, 2013
ERCOT to Increase System Admin. Fee
ERCOT will increase the System Administration Fee effective January 1, 2014.
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November 15, 2013
Direct Energy Parent: Margins in Texas Reduced due to "Intensified" Competition
Centrica, the parent of Direct Energy, released an interim management statement yesterday which said the following regarding Direct Energy:
November 15, 2013
Agreement in Principle Reached in Sharyland Unbundling Case (May Allow Implementation of Choice on Schedule)
Parties have informed the Public Utility Commission of Texas that they have reached an agreement in principle in the rate unbundling proceeding for Sharyland Utilities, L.P., covering the Stanton, Colorado City, Brady, and Celeste divisions which are being transitioned to retail choice.
November 15, 2013
Drivers of Texas Economic Growth Say Mandating a Reserve Margin Premature
America's Natural Gas Alliance, representing independent natural gas exploration and production companies with operations in Texas, has said that it would be "premature" for the Public Utility Commission of Texas to adopt a mandated reserve margin
November 15, 2013
Retail Supplier Establishes Presence in Physical Retail Stores
Crius Energy reported during its third quarter earnings call that it has established a presence at certain brick-and-mortar locations.
November 14, 2013
Texas Senator: Legislature Chose Energy-Only for "Good Reason", PUCT Not Intended to Have "Unprecedented Power" to Impose Taxes and Subsidies
"Having been present since day one of the current market structure, I can assure you that the legislature designed the energy only market for good reason," Texas State Senator Troy Fraser said in a November 13 letter to Donna Nelson, Chair of the Public Utility Commission of Texas
November 13, 2013
Future for Texas Ratepayers? Customers File FERC Complaint Over "Unjust and Unreasonable" Transmission Rates in MISO
Several coalitions representing end users and industrial customers have filed a complaint at FERC regarding what complainants argue are "unjust and unreasonable" transmission rates in the Midwest ISO due to the currently used Base Returns on Equity as well as various adders.
November 13, 2013
Texas REP: NRG's Actions Show Energy-Only Market Driving Investment in Capacity; REP Also Says Legislature Did Not Intend for ERCOT to Run "Capacity" Market
Actions undertaken by NRG Energy belie NRG's claims that the energy-only market does not support investment in new capacity and that the energy-only market does not provide economically viable returns, retail provider Source Power & Gas LLC said in comments to the Public Utility Commission of Texas.
November 13, 2013
License Briefs
The Public Utilities Commission of Ohio granted Source Power & Gas LLC an electric supplier license to serve all customer classes in all service areas. Source Power & Gas' expansion to markets outside of Texas was first reported by EnergyChoiceMatters.com
November 13, 2013
NRG: Retail Not Even a "Secondary" Consideration in Edison Mission Acquisition; But Does Allow a Second Look at Municipal Aggregation Market
The retail supply business was not even a secondary consideration of NRG Energy in deciding to enter into an agreement to acquire Edison Mission Energy, NRG CEO David Crane said on an earnings call yesterday, but the acquisition would allow NRG to take a "slightly harder" look at the municipal…
November 12, 2013
Flash: NRG Reports Significant Slowdown in Retail Customer Growth; Texas Mass Market Margins "Steady"
NRG Energy saw only marginal growth in its retail customer base from June 30, 2013 to September 30, 2013, according to a presentation released in conjunction with quarterly earnings.
November 12, 2013
Texas REP Launches New Discount Program for Military
Entrust Energy became the latest Texas retail electric provider to offer a military and veteran discount program, with the launch of its Enservice program.
November 11, 2013
Texas Staff File Draft Proposal for Adoption Concerning REPs' Obligations When Disconnecting Multi-Family Dwellings
Staff of the Public Utility Commission of Texas have filed a draft proposal for adoption that would, consistent with recent legislation, require retail electric providers to send a copy of a disconnection notice to municipalities when ordering the disconnection of certain multi-family dwellings.
November 11, 2013
Texas Staff Propose Questions, Workshop to Consider Potential for ERCOT Real-Time Co-optimization
Staff of the Public Utility Commission of Texas have developed a list of proposed questions for stakeholder comment regarding real-time co-optimization of the ERCOT market (Project 41837).
November 11, 2013
Just Energy: Retail Suppliers "Will Only Stay Relevant If They Are Bundling"; Company to Launch New Bundled Service in PJM, Also Plans for "Demand Response Through Thermostats"
Retail energy suppliers, "will only stay relevant if they are bundling," Just Energy Executive Chair Rebecca MacDonald said during an earnings call Friday.
November 8, 2013
Texas Capacity Market Supporter Continues to Call New Capacity Investments in PJM Capacity Market "Questionable", Again Says New Plants "Unlikely to be Completed"
Calpine, which spent much of an earnings call pressing for a centralized capacity market as the mechanism to meet a mandated reserve margin in Texas, continues to describe new physical capacity investments clearing the PJM capacity market as "questionable" and, "unlikely to be completed."
November 8, 2013
Flash: Just Energy Sees Decline in Mass Market Customer Base; Gross Additions Slower on Margin Discipline
Just Energy saw a net decline in its number of mass market energy marketing accounts from June 30, 2013 to September 30, 2013, it reported in releasing quarterly earnings.
November 7, 2013
Texas TDU Reports "Strong" Customer Growth
During an earnings call yesterday, CenterPoint Energy said that its CenterPoint Energy Houston Electric subsidiary, "continues to benefit from strong growth in our service territory."
November 5, 2013
Texas TDU to Cease Billing Hurricane Charge Applicable to REPs
Texas-New Mexico Power Company has filed at the Public Utility Commission of Texas revisions to Rider HCRF - Hurricane Cost Recovery Factor, in order to terminate collection of such approved Hurricane Ike restoration recovery costs prior to any over-collection.
November 5, 2013
Texas REPs Warn of "Rate Shock" -- from Potential Delay in Sharyland Transition to Competition (But Not Capacity Market?)
Several Texas retail electric providers have warned the Public Utility Commission of Texas that introducing retail choice to Sharyland Utilities' former Cap Rock service areas during the summer -- if a rate case schedule does not permit a May 1, 2014 transition to competition as originally…
November 5, 2013
Start-up Retail Supplier Led by Constellation Vets, Which Shares Exec With Spark Energy, Launches Service
Bargain Energy, LLC, a start-up retail supplier, has begun offering retail electric service.
November 4, 2013
Texas QSE to Pay $12,500 to Resolve Failure to Deploy EILS
Enerwise Global Technologies, Inc. would pay $12,500 under a settlement with Staff of the Public Utility Commission of Texas to resolve Staff's investigation of Enerwise for alleged violation of P.U.C. SUBST. R. 25.503(f)(2), and ERCOT Protocol § 8.1.3.1(6)(a) due to failure to deploy its Emergency…
November 4, 2013
ERCOT Expects Sufficient Electricity This Winter and Next Spring
ERCOT expects to have sufficient resources to meet winter and spring electricity demand, it said in a final winter assessment and preliminary spring outlook.
November 4, 2013
Updated (With Customer Class Info): Sharyland Posts List of Default Retail Electric Providers for Non-Shopping Customers
Updated to include Default REPs for specific customer classes.
November 4, 2013
Direct Energy Launches Postpay Free Saturdays Product in Texas (Expands from Prepay Only)
Direct Energy has expanded its previously launched Free Saturdays electricity plan in Texas (originally only offered in connection with prepaid service), and is now offering Free Saturdays as part of a 12-month or 24-month plan with a fixed charge in the non-free hours.