June 6, 2018
Supplier Challenges Regulator's Authority To Open Investigation Of C&I Contracts
The Connecticut Business & Industry Association said in a filing with PURA that it is prepared to withdraw its petition that had sought a PURA investigation of alleged possible unfair or deceptive trade practices, if Mint will verify through a filing to PURA that it will no longer be entering into…
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June 4, 2018
The Connecticut PURA has assigned 18-06-02 for a review of the feasibility, costs and benefits of placing certain customers on Standard Service pursuant to Conn. Gen. Stat. § 16-245o(m)
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June 1, 2018
Large New England-area aggregator PowerOptions and SunPower announced a program that will provide solar power and battery storage solutions to nonprofit and government institutions in New England
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June 1, 2018
Teleios Commodities, LLC announced a "material" investment in Powervine Energy, a newly created retail energy company providing energy services to residential customers and small businesses in the Northeastern United States.
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May 30, 2018
Also Opposes Proposed Requirement To Record Entire Door-to-Door Sale Citing Increase In Scams, Utility Seeks Requirement For Suppliers To Notify EDC Of Door-to-Door Marketing Activity
The Retail Energy Supply Association filed comments on new electric marketing rules proposed by the Maine PUC (Docket No. 2018-00056)
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May 23, 2018
Court Says "Most Compelling" Reason For Restructuring Was To "Reduce Costs" Court Says PUC Erred In Elevating "Functional Separation" Of Generation Services From T&D
Court Ruling Implicates Default Service Procurement and Utility Long-Term Contracting, As Well As Future Utility Product Offerings
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May 22, 2018
The Connecticut Light and Power Company d/b/a Eversource Energy has submitted to the Connecticut PURA a Motion for Clarification concerning compliance with Orders 1 and 2 of the March 28, 2018 Re-Opening Decision concerning the listing of retail supplier Next Rate Information on customer bills
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May 22, 2018
Note: This story was first published the evening of May 22 with an alert to our email subscribers
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May 18, 2018
United Illuminating has disclosed the default service suppliers for terms beginning July 1
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May 18, 2018
United Illuminating has filed new default service rates with the Connecticut PURA for the period beginning July 1, 2018
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May 18, 2018
Connecticut Light & Power has filed Standard Service rates for the period July 2018 to December 2018, and Last Resort Service Rates for the period July 2018 to September 2018
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May 17, 2018
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 June 2018.
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May 17, 2018
The Connecticut PURA issued a notice that it will not consider a proposal from the Office of Consumer Counsel to ban electricity shopping for hardship customers as part of a docket investigating measures to manage uncollectibles (Docket 18-04-25)
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May 17, 2018
Perigee Energy, LLC informed the Connecticut PURA that Perigee did not propose dropping all of its customers involuntarily to default service, and applied for a renewal of its license to continue serving such customers
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May 15, 2018
Nstar has filed with the Massachusetts DPU new electric basic service rates for its Eastern Massachusetts service territory for the period beginning July 1, 2018.
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May 14, 2018
Says Benefits Unlocked Mostly Through Dynamic Pricing, But With Load Migrating To Competitive Supply, Can't Guarantee Pricing Structure Or That Benefits Will Be Realized
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May 11, 2018
Spark Expects Opportunities For Small Tuck-In Acquisitions To Increase From Shake-Out From Winter Volatility, Says Getting Calls From Potential Sellers
As a result of the negative financial impact that extreme cold weather during the first quarter of 2018 had on the business (see story here) , Spark Energy said during an earnings call that it will pull back from the low margin larger C&I business, particularly in the Northeast and New England
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May 9, 2018
The Connecticut PURA granted Tenaska Power Services Co. (Tenaska) a natural gas seller registration
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May 9, 2018
RESA: Residential Customers Could Have Saved $93 Million In First 4 Months Of 2018 By Shopping For Retail Supplier RESA Cites Inappropriate Comparisons In AG's "Incomplete" Report
During a legislative hearing concerning the Massachusetts Attorney General's call to shut down residential electric choice in the state, Direct Energy told lawmakers that its residential customers on fixed price products in the state have saved over $500,000 over the past fours years.
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May 8, 2018
The New Hampshire PUC has adopted an order requiring that customers served by competitive retail suppliers shall now receive the discount available to low-income customers under the Electric Assistance Program (EAP), adopting recommendations from the EAP Advisory Board
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May 8, 2018
In advance of legislative hearings today on calls from the Massachusetts Attorney General to terminate residential retail electric choice (see story here) , CleanChoice Energy announced that a new poll shows that Massachusetts residents "overwhelmingly" want to be able to choose their energy…
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May 8, 2018
NSTAR Electric Company d/b/a Eversource Energy filed with the Massachusetts DPU new basic service rates for its Western Massachusetts service territory (WMA), formerly WMECO.
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May 7, 2018
On May 1, 2018, Summer Energy Holdings, Inc. ("SEH"), and its subsidiaries Summer Energy, LLC ("Summer LLC") and Summer Energy Northeast, LLC ("Summer Northeast"; together with SEH and Summer LLC, the "Company") closed a transaction with EDF Energy Services, LLC and EDF Trading North America, LLC…
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May 7, 2018
The Massachusetts DPU has adopted in a final order new notice requirements, and Standards of Conduct, for the door-to-door marketing of electricity
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May 4, 2018
But CEO Says Current Retail M&A Opportunities Passing Value Test Is "Not Easy" Vistra Reports Retail Customer Growth, Higher Earnings
Vistra Energy, which as previously reported will engage in a strategy of expanding its retail business now that it has completed its acquisition of Dynegy, said during an earnings call this morning that it will pursue a "dual strategy" of organic retail growth and evaluating retail M&A opportunities…
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