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Utilities Propose New Creditworthiness Test, Security, & Collateral Requirements For Retail Suppliers

Proposals, "Create Barriers To Market Entry For All But The Established Market Incumbents," Coalition Says "Favor[s] Established Large Competitive Suppliers," Coalition Says

Several New Hampshire utilities, including Public Service Company of New Hampshire (Eversource) and Unitil, have proposed new requirements for a creditworthiness test, security, and potential collateral requirements for retail electric suppliers and community power aggregators (CPA), the Community…

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Update: Regulator Issues Proposed Decision Requiring New Disclosures, Customer Signatures, For An Entity Representing Customers In Securing A Retail Supplier Contract

Customer Signature Required Before Entity May "Obtain" Pricing Entity's Commission Must Be Disclosed Draft Envisions That Entities Would Not Be Able To Comply With New Requirements In Cold Call Sales

The Connecticut PURA formally issue a proposed decision which, in addition to granting aggregator certificates to several entities in an omnibus fashion, would also create new marketing and disclosure rules for those specific aggregators, including a requirement to obtain a customer's signature on…

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Draft Order Would Require (Broadly Defined) Aggregators To Obtain Customer "Signature" Before Obtaining Pricing

Draft Would Create New Disclosures For Aggregators, Including Amount Of "Commission", Require Customer To Sign Two Separate Documents Draft Envisions That Aggregators Would Not Be Able To Comply With New Requirements In Cold Call Sales

Draft Would Mandate Aggregators Obtain Pricing From Multiple Suppliers; Any Entity Presenting Pricing From Only 1 Supplier Is An Agent

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PE Firm To Acquire 855 MW Portfolio In ERCOT

Hull Street Energy ("Hull Street") and Atlas Holdings ("Atlas") announced the signing of a definitive agreement for Hull Street to acquire 100% of the Bastrop Energy Center and Paris Energy Center power plants from Mesquite Generation Holdings LLC, an affiliate of Atlas.

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Renewables-Focused Private Equity Firm To Acquire Majority Stake In Retail Supplier, Solar Provider

Providing Additional $100 Million For Developing, Acquiring Solar Projects As Green "Gentailer"

True Green Capital Management LLC ("TGC"), which describes itself as a renewable energy infrastructure investment firm, and CleanChoice Energy ("CleanChoice") announced that they have signed definitive documentation for TGC to acquire a majority ownership in CleanChoice and provide dedicated capital…

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ISO-NE Region Retail Energy News (Page 20) | EnergyChoiceMatters.com