March 23, 2018
GenOn Energy, Inc. ('GenOn') announced today that on March 22, 2018, certain of its wholly owned subsidiaries entered into a Purchase and Sale Agreement ('Purchase Agreement') with Stonepeak Kestrel Holdings LLC ('Buyer'), a subsidiary of Stonepeak Infrastructure Partners ('Stonepeak'), pursuant to…
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March 22, 2018
National Grid has filed with the Massachusetts DPU new basic service rates for residential and commercial customers for the six-month period beginning May 1, 2018, and for industrial customers, for the three-month period beginning May 1, 2018
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March 22, 2018
Regulator: "Egregiousness" Of Alleged Violations Prompts Question Of Supplier's Technical And Managerial Capacity
The Public Utilities Regulatory Authority (PURA or Authority) issued a Notice of Violation and Assessment of Civil Penalty (NOV) against Spark Energy, L.P. (Spark or Company) under which PURA would impose a civil penalty in the amount of nine hundred thousand dollars ($900,000) against the Company.
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March 20, 2018
Western Massachusetts Electric Company (Eversource) has filed new proposed purchase of receivables discount rates (standard complete billing percentages) to be effective May 1, 2018.
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March 20, 2018
Slams Draft That Would Only Require EDCs To List "Not Provided" If Next Supplier Rate info Missing
Connecticut State Senator Len Suzio slammed, as insufficiently protecting customers, a draft PURA order which would require the electric distribution companies to list "Not Provided" on customer bills in the section listing the next rate information of the customer's retail supplier if the supplier…
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March 20, 2018
Nstar (Eversource) has filed new proposed purchase of receivables discount rates (standard complete billing percentages) to be effective May 1, 2018.
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March 20, 2018
National Grid in Massachusetts has filed new proposed purchase of receivables discount rates (standard complete billing percentages) to be effective May 1, 2018.
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March 20, 2018
Direct Energy Business announced that it has launched a new "Fixed Energy Plus" program which Direct said is, "to bring more bill transparency for business customers in the Midwest and Northeast."
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March 19, 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 April 2018.
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March 19, 2018
Retail Supplier Says Dispute Is Contractual, And Outside Jurisdiction of State Utility Regulator Complaint Stems From Supplier Allegedly Seeking to Change Fixed Rates Due To Market Conditions
Stating that its actions did not amount to deceptive or unfair trade practices, and that PURA lacks jurisdiction over non-residential contractual disputes, Mint Energy has moved that the Connecticut PURA close, without further action, a docket opened in response to a petition from the Connecticut…
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March 19, 2018
The Connecticut PURA has issued a draft order which would require the electric distribution companies to list "Not Provided" on customer bills in the section listing the next rate information of the customer's retail supplier if the supplier has not provided rate information to the EDCs for this…
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March 15, 2018
Texas REP Receives Amended Certificate To Begin Collecting Deposits, Advance Payments
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March 15, 2018
Connecticut Light and Power in comments to PURA suggested two options to be explored to address ongoing inaccuracies appearing on the next rate information section of utility consolidated bills for customers of retail suppliers
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March 12, 2018
PUC Rule Proposes Requiring Retail Suppliers To Record Entirety Of Door-to-Door Interactions Would Extend Proposed Rules To Small Commercial Service
The Maine PUC opened a rulemaking governing retail electricity marketing rules that would, among other things, ban commission-based compensation for door-to-door sales and would require the entirety of door-to-door interactions to be recorded.
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March 6, 2018
Optik Energy LLC has applied for a Connecticut retail electric supplier license to serve all customer classes, including residential customers
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March 6, 2018
Connecticut Light & Power recently reported that DTE Energy Trading, Inc. will serve 100% of CL&P's Last Resort Service load for the second quarter of 2018
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March 6, 2018
SmartEnergy Seeks Supplier License In New State
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March 5, 2018
The Connecticut PURA has approved Last Resort Service rates at United Illuminating for the three-month period beginning April 1, 2018
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March 5, 2018
The Connecticut PURA has approved Last Resort Service rates at Connecticut Light and Power Company d/b/a Eversource for the three-month period beginning April 1, 2018
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March 1, 2018
Blitz Ventures LLC, a newly formed company focused on energy brokerage services for commercial businesses whose ultimate parent is Vistra Energy Corp., has applied for a Pennsylvania electric broker/marketer license to serve all sizes of non-residential customers in all service areas
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March 1, 2018
After Share Buybacks, Capital Allocation Focus Will Be On Attractive Acquisitions In Retail NRG Reports Retail Customer Growth NRG To Sell Boston Energy Trading and Marketing LLC
Records $1.2 Billion Impairment Related To South Texas Project Nuclear Plant, On Outlook For Future Commodity Prices
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February 27, 2018
Vistra Reports Retail Customer Count, Change
In discussing earnings for the year 2017 (see story here on results) , Vistra Energy CEO Curt Morgan said that retail acquisitions remain a top potential use for capital after Vistra closes on the acquisition of Dynegy
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February 26, 2018
HIKO Energy, LLC has notified the Public Utilities Regulatory Authority that it will undergo a change of control in early March 2018, whereby Spark Holdco, LLC, the parent company of Spark Energy, LLC (Spark) will acquire 100% of the membership interest in HIKO, thereby effecting a change of control…
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February 23, 2018
The New Hampshire Public Utilities Commission has approved results of the initial competitive default service solicitation at Public Service Company of New Hampshire (Eversource)
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February 22, 2018
In reporting earnings for the year 2017, Dynegy provided an update on its retail business
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