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May 20, 2021
The Texas House Committee on State Affairs this week reported favorably a substitute version of SB 3, and the substitute would allow residential and small commercial wholesale index electricity plans to continue to be sold, subject to a price cap and various notice requirements
May 20, 2021
Approving relief sought by the Trustee of Brilliant Energy LLC (the "Debtor"), a federal bankruptcy court ordered the mass transition of Brilliant Energy's remaining customers -- which are commercial customers -- to the provider(s) of last resort (POLR)
May 19, 2021
Diamond Energy TX, LLC, the subsidiary of Mitsubishi Corporation that is seeking an option 1 Texas retail electric provider certificate, has filed an amended application to remove the authority for the option of collecting deposits or advance payments from customers
May 18, 2021
The Trustee for Texas retail electric provider Brilliant Energy (Debtor) has sought bankruptcy court approval to drop its commercial customers (which represent its remaining customer book) to the provider(s) of last resort (POLR)
May 18, 2021
Texas retail electric provider JP Energy Resources LLC recently acquired a book of customers from GridPlus Energy.
May 17, 2021
The Texas House has passed a narrowed version of HB 3916, which relates to various issues concerning distributed generation
May 14, 2021
The trustee for Brilliant Energy (Debtor) said in a May 14 court filing that the trustee is still attempting to sell the Debtor’s commercial contracts, and the trustee expects to succeed or fail in that effort by May 28, 2021.
May 14, 2021
David Energy has named Abhishek Mandhana as VP of Supply
May 13, 2021
BP Energy Retail LLC applied for an Ohio electric supplier license to serve commercial, mercantile, and industrial customers in all service areas.
May 13, 2021
In a letter to the Public Utility Commission of Texas, Brandon Young, CEO of Young Energy, requested that the PUC end the moratorium on disconnections for non-pay which was adopted in the aftermath of the February winter weather event, arguing that the viability of the retail market is threatened by…
May 13, 2021
Repsol, which operates a competitive retail energy supplier in Spain among its various businesses, has signed an agreement to acquire 40% of Hecate Energy, a U.S.-based PV solar and battery storage project developer.
May 13, 2021
The Texas House has concurred with amendments adopted by the Senate to House Bill (HB 16), which would ban wholesale pass-through electric products, and which would establish a new mandate that retail electric providers must serve customers, who do not make an affirmative choice at the time of…
May 12, 2021
Spark Working On Projects In Renewable Space, ESG Strategies
During a recent earnings call covering first quarter results (see prior story for results) , Spark Energy CEO Keith Maxwell said that the February winter weather event has opened up a number of potential acquisition opportunities, and has reduced the current competitive environment
May 11, 2021
ENGIE North America announced that it has been selected to provide 100% renewable retail electricity supply to the 25-story tower at 1360 Post Oak Blvd., within the Four Oaks Place portfolio, in Houston, Texas
May 11, 2021
Oncor Electric Delivery Company LLC filed a petition with the Public Utility Commission of Texas requesting that the PUC grant a good-cause exception to the October 2021 deadline under 16 Tex. Admin. Code ("TAC") § 25.247, and a prior Commission order, for Oncor to file its comprehensive base-rate…
May 10, 2021
Exelon Generation Company, LLC and Constellation NewEnergy, Inc. sought, in Travis County, Texas, district court, judicial review of the Texas PUC's order dated February 21, 2021 which Exelon said, "removed the monthly cap on default amounts that can be uplifted onto ERCOT market participants in the…
May 10, 2021
Sole proprietor James Faris has registered with the Texas PUC as an electric broker with the trade name Eagle Energy of Texas
May 10, 2021
Start-up Bongo Energy LP has registered with the Texas PUC as an electric broker
May 10, 2021
--- Octopus Notes Goal To Invest $100M In U.S. Energy Market, Targets 25 Million Accounts
Octopus Energy US formally announced that it has signed an agreement to acquire the residential customer book of Texas retail electric provider Brilliant Energy LLC, which had been exclusively first reported by EnergyChoiceMatters.com on May 5
May 7, 2021
NRG has filed a 10-Q for the period ending March 31, 2021 which provides various metrics on its retail business, including customer count
May 7, 2021
The Texas House has passed HB 4492 which would create a mechanism for the Public Utility Commission of Texas to authorize the securitization of ERCOT market uplift charges related to the winter weather event
May 6, 2021
The Texas PUC today approved a unanimous stipulation that authorizes, subject to various conditions, the merger of the parent of Texas-New Mexico Power and Avangrid
May 6, 2021
The Public Utility Commission of Texas today voted to issue a proposal for publication that would change the ERCOT scarcity pricing rule to eliminate the 50-times fuel index price provision in the ERCOT market low system-wide offer cap (LCAP), such that the LCAP would be $2,000 per MWh and $2,000…
May 6, 2021
ERCOT CDR Shows 2022 Reserve Margin Increasing To Nearly 29%; Exceeds 30% In Subsequent Years
The Electric Reliability Council of Texas (ERCOT) said today that it is anticipating record-breaking electric demand this summer due to expected hot and dry conditions and continued economic and population growth throughout the region.
May 6, 2021
In reporting first quarter 2021 earnings, Genie Energy Ltd. reported a negative impact of approximately $13.0 million from the winter weather event in Texas
