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ISO-NE Region

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Regulator Maintains Current Purchase Of Receivables (POR) Discount Rates Due To COVID Shut-off Moratorium

Normal Annual Revisions Would Have Resulted In Negative POR Discount Rates

The Massachusetts DPU, at both Eversource (Nstar, East & West) and National Grid has ordered that the currently effective purchase of receivables discount rates (standard complete billing percentages) shall remain in effect, subject to investigation and reconciliation, unless the Department orders…

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Retail Energy Supplier To Be Acquired By Private Equity Firm

Retail energy suppliers Atlantic Energy LLC ("Atlantic Energy"), Atlantic Energy MD, LLC ("Atlantic Energy MD"), and Atlantic Energy MA LLC ("Atlantic Energy MA," and collectively with Atlantic Energy and Atlantic Energy MD, "Applicants") have entered into a transaction under which Gainline Equity…

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Draft Report: Over 83% Of Residential Customers With A Competitive Retail Supplier Were Charged A Rate In Excess Of A Utility's Default Service During Second Half Of 2020 (70% At Another EDC)

66% Of Retail Supplier Customers On Utility Bill Payment Arrangements Are Paying Greater Than Default Service Over 14,000 Customers Remain On Supplier Variable Rates After Ban For New Customers

The Connecticut PURA has released a draft annual report to the legislature on the state of electric competition

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Retail Supplier Enters Settlement Concerning Late RPS Filing

Mega Energy of New England, LLC ("Mega Energy" or the "Company") has entered into a settlement with the Office of Education, Outreach, and Enforcement ("EOE") of the Public Utilities Regulatory Authority of Connecticut to resolve the allegation that Mega Energy had not timely filed its 2019 annual…

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PPL To Acquire U.S. Utility With Electric, Natural Gas Choice Programs

PPL Says Acquisition Positions Company To Invest In Sustainable Energy Solutions, "Eager" To Assist In State's Decarbonization Goals

PPL Corporation announced that it has entered into definitive agreements to sell its U.K. utility business, Western Power Distribution (WPD), to National Grid plc for £7.8 billion and, in a separate transaction, to acquire National Grid's Rhode Island utility business, The Narragansett Electric…

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Hearing Officer Orders Development Of Straw Proposal For Calculation Of Monthly Wholesale Index Cost For Use In Comparison To Retail Supplier Variable Rate Offerings

Directs Regulator's Staff To Develop Straw Proposal On Appropriate Retail Supplier Products For Low-Income Customers Proposal For Variable Rate Contract Disclosures, Rate Change Notices To Be Developed

A Massachusetts DPU hearing officer issued directives to retail energy suppliers and DPU Staff to develop straw proposals regarding various Tier Two initiatives in the DPU's ongoing retail energy markets investigation (DPU 19-07)

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ISO-NE Region Retail Energy News (Page 31) | EnergyChoiceMatters.com