March 8, 2023
Staff Alleges TDUs' Prolonged Estimated Meter Reads Create A "Potential Economic Hazard" For Retail Providers From "Unpredictable And Unreliable Billing"
The Public Utility Commission of Texas said in a news release today that, "The Public Utility Commission of Texas’ (PUCT) Division of Compliance and Enforcement (DICE) today is recommending the Commission impose an administrative penalty of $1,747,400 for violations relating to Texas-New Mexico…
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March 8, 2023
Sunnova Energy International Inc. said that it has teamed up with retail electric provider David Energy to bring Sunnova's "Adaptive Retail energy plan" to the Texas marketplace.
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March 7, 2023
Staff of the Texas PUC issued a list of questions for public comment concerning development of a reliability standard
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March 6, 2023
The Texas Coalition for Affordable Power (TCAP) announced that it has entered an agreement with Broad Reach Power (BRP) for BRP to provide ancillary services to TCAP members at fixed prices
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March 6, 2023
Today, Vistra Corp. announced that it has executed a definitive agreement with Energy Harbor Corp., pursuant to which Energy Harbor will merge with and into a newly-formed subsidiary of Vistra.
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March 3, 2023
Spark Energy, LLC (Spark) filed at the Texas PUC a formal complaint against CenterPoint Energy Houston Electric LLC ("CEHE" or "CenterPoint") for what Spark alleged, is CEHE's, "refusal to disconnect a critical care customer served by CenterPoint."
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March 2, 2023
Geothermal Core Inc., a geothermal exploration and production power company, and GEG, ehf, a geothermal developer and EPC company, have entered into a definitive agreement to form a Joint Venture ("JV").
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March 2, 2023
The Pennsylvania PUC issued a tentative order under which the PUC would conclude that 18 natural gas retail suppliers and brokers, including several active suppliers, have either failed to pay a required annual or supplemental fee to the PUC, or have failed to file an annual report. The tentative…
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March 2, 2023
OnPoint Energy, the new retail energy supplier formed by ArcLight Capital Partners has officially launched service in Texas, and has indicated that it will be expanding to several additional markets
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March 1, 2023
Direct Energy, LP, CPL Retail Energy L.P., and First Choice Power, LLC (collectively, Companies) would collectively pay a $193,200 penalty, and would collectively contribute $120,750 to Direct Energy's bill payment assistance program, under a settlement with Texas PUC Staff to resolve alleged…
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March 1, 2023
Overall Residential Count Lower On "Value-Accretive Exits" In Select Northeast Markets
In reporting earnings for the fourth quarter and full-year 2022, Vistra Corp. said that it, "held strong margins while growing Texas residential customer counts by almost 2% year-over-year."
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February 28, 2023
The Lubbock, Texas City Council today approved the recommendations of the Lubbock Power & Light utility board in designating default retail electric providers (DREPs), voluntary providers of last resort (VREPs), and a provider of last resort (POLR) for its transition to retail competition
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February 27, 2023
CPS Energy would pay $50,000 under a settlement agreement with Staff of the Public Utility Commission of Texas to resolve alleged violations of, ERCOT Nodal Protocols § 8.1.1.4.2(1)(a), and ERCOT Operating Guide § 7.1.2(1)(j), "relating to CPS's alleged failure to respond to three Responsive Reserve…
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February 24, 2023
Lubbock Power & Light has recommended to the City Council a selection of default retail electric providers (DREPs), voluntary providers of last resort (VREPs), and a provider of last resort (POLR) for its transition to retail competition
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February 23, 2023
Constellation noted in a news release today that, "PJM customers have paid generators approximately $58 billion in capacity performance payments intended to spur generators to invest in reliability measures to prevent outages during extreme weather events," since the introduction of the capacity…
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February 22, 2023
Texas Retail Energy, LLC (TRE), the self-supplier for Walmart, has named Vishal Kapadia as CEO and Chairman of the Board of TRE
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February 21, 2023
The Public Utility Commission of Texas granted Peridot Power, LLC, a start-up, an Option 1 Texas retail electric provider certificate
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February 21, 2023
ENGIE Resources, LLC has announced several changes in sales leadership.
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February 20, 2023
Texas-based Small Business Exchange LLC (SBE), formed in 2022, registered as a Texas electric broker
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February 17, 2023
Second Foundation US Trading, LLC registered as an ERCOT wholesale power marketer
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February 17, 2023
Reliant in Texas launched a new plan for residential customers called Flextra Credits that includes free electricity (no energy charge and no usage-based TDU charge) on a customer's two highest-usage days each week, up to eight free days per monthly billing period, and $75 in bill credits during the…
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February 16, 2023
In reporting earnings, Constellation announced its capital allocation strategy for 2023 and 2024
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February 16, 2023
Sees Retail Growth Opportunities In East From Rising SOS Rates
In reporting fourth quarter and full year earnings for 2022, NRG Energy said that it experienced, "record customer retention."
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February 16, 2023
Gridmatic announced today a two-year partnership with AVANGRID, which is described as the third largest wind energy generator in the United States, under which Gridmatic will purchase 15 megawatts (MW) of zero-emission energy from AVANGRID’s 120 MW Barton Chapel wind project in Jacksboro, Texas.
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February 15, 2023
Texas PUC Commissioner Will McAdams filed a memo concerning consideration of establishing a reliability standard for ERCOT, and, among other things, said that a study should be conducted concerning Value of Lost Load (VOLL)
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