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ISO-NE Region

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Business Group Prepared To Withdraw Trade Practices Petition Concerning Exiting Retail Supplier

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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Spark Energy To Pull Back From "Low Margin" Larger C&I Business

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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Direct Energy: Our Massachusetts Residential Customers On Fixed Priced Plans Have Saved More Than $500,000 Versus Default Service

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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Retail Supplier Enters New Supply, Credit Agreement

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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Vistra (TXU Parent) To Grow Retail Business Through Dual Strategy Of M&A, Organic Growth

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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ISO-NE Region Retail Energy News (Page 58) | EnergyChoiceMatters.com