November 25, 2013
License Briefs
MP2 Energy Seeks License in Another New State
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November 22, 2013
License Briefs
Greenlight Energy Seeks Electric Supplier License in New State
November 22, 2013
State Orders Retail Suppliers to Pay $2.5 Million in Alternative Compliance Payments for Improper Assignment of RECs
The Connecticut PURA issued a final order regarding RPS compliance for the year 2010 which denies the request of three retail suppliers to demonstrate compliance with the RPS requirements through RECs that were not settled in the Connecticut Subaccount in GIS, in lieu of paying the higher…
November 21, 2013
Abest Power & Gas Launches New Product Offering
Retail supplier Abest Power & Gas has begun offering wind power to customers in Connecticut, Massachusetts, New York and New Jersey.
November 21, 2013
CL&P Quietly Increases Self-Managed Portion of Default Service, Retail Suppliers Cry Foul
Retail suppliers have protested the non-transparent manner under which Connecticut Light & Power has increased its self-managed portion of Standard Service load from 20% to 30%.
November 21, 2013
License Briefs
The Pennsylvania PUC granted North Star Gas Company, LLC d/b/a YEP Energy a natural gas supplier license to serve all customer classes at Columbia Gas, UGI Utilities, UGI Central Penn Gas, UGI Penn Natural Gas, and PECO.
November 20, 2013
Connecticut Light & Power Reports Default Service Suppliers
Connecticut Light & Power reported that the following companies will serve a portion of its Standard Service load for the six-month period beginning January 1, 2014. • Exelon Generation Company LLC • Hess Corporation • PPL EnergyPlus, LLC
November 19, 2013
Retail Supplier Warns ISO-NE Winter Pricing Will Drag Quarterly Results
"Near-term market conditions in our Northeast markets will likely impact our results in the first quarter," Crius Energy Trust CEO Michael Fallquist said during an earnings call last week.
November 19, 2013
Maine PUC Sets New Standard Offer Rates
The Maine PUC has set the Standard Offer rates for the large non-residential classes at Central Maine Power and Bangor Hydro Electric for the month of December 2013.
November 19, 2013
United Illuminating Residential Default Service Rate to Increase Nearly 20%, UI Files New Standard Service, Last Resort Service Rates
United Illuminating has filed Standard Service Rates for the period January through June 2014, and Last Resort Service Rates for January through March 2014.
November 19, 2013
Connecticut Light & Power Residential Default Service Rate to Increase Over 20%, CL&P Files New Standard Service, Last Resort Service Rates
Connecticut Light and Power has filed Standard Service Rates for the period January through June 2014, and Last Resort Service Rates for January through March 2014.
November 19, 2013
Retail Supplier Launches Direct Mail Campaign in Response to Nearly 40% Spike in National Grid SOS Rate
Dominion Retail d/b/a Dominion Energy Solutions has launched a new direct mail offer for residential electricity customers at National Grid in Massachusetts, noting the recent nearly 40% increase in the utility's basic service rate.
November 18, 2013
Texas Capacity Market Supporter Warns Customers of Added Costs from ISO-NE's Need to Procure "Backup Generation" (Capacity Market Not Providing Reliability)
Direct Energy, a supporter of a centralized capacity market in Texas, has warned business customers in ISO New England that this winter customers will be subject to, "additional costs associated with procuring backup generation [that] will result in higher electricity bills during these months."
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 15, 2013
Report: Vermont Committee Chair Eyes Review of Electric Choice
Vermont State Representative Tony Klein, Chair of the House Committee on Natural Resources and Energy, has stated an intent to review a form of electric choice, the Rutland Herald reports .
November 14, 2013
State to Consider Prohibiting Automatic Contract Renewal, Supplier-Initiated Contract Terminations
In a wide-ranging retail market order issued yesterday, the Maine PUC said that it will reopen the customer protection provisions of Chapter 305 to consider the following provisions:
November 14, 2013
Maine to End Laddered Default Service Supply Terms, Repudiates Purchase of Receivables
The Maine PUC has issued an order to end the use of multi-year, laddered default service supply procurements for residential customers.
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 12, 2013
New Retail Supplier Offering Service in Ohio, Massachusetts
Perigee Energy LLC has begun offering residential electric service in Ohio at AEP Ohio.
November 12, 2013
NRG Residential Solutions Launches in New State, Territories, Rate Under 5¢
NRG Residential Solutions has begun offering electricity service in Illinois, and has also expanded service to additional territories in Pennsylvania, Maryland, and New Jersey.
November 8, 2013
Retail Supplier Names Entry Date for New Markets in Announcing New Supply Relationship with Pacific Summit Energy LLC
Mint Energy, LLC announced the signing of a definitive long-term credit and supply agreement with Pacific Summit Energy LLC (PSE), a subsidiary of Sumitomo Corporation, for Mint Energy's current and future energy markets.
November 7, 2013
Briefly
Pennsylvania Convention Center Selects Retail Supplier
November 7, 2013
IDT Energy Sees Higher Net Customer Attrition on Slower Gross Acquisitions
IDT Energy saw an increased level of net customer attrition during the three months ended September 30, 2013, from a slowdown in gross meter additions.
November 6, 2013
License Briefs
Oasis Energy Seeks to Serve Customers in More New Territories
November 5, 2013
Retail Supplier Receives $100,000 Investment, $280,000 Grant
The Slater Technology Fund announced that it has committed an additional $100,000 to VCharge, an energy management services company whose operation includes retail electric supply in competitive markets, as part of their $1-million dollar round, bringing Slater's total investment to $600,000.