November 3, 2016
License Briefs
SmartEnergy Holdings Seeks Supplier License In New State
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November 3, 2016
Dynegy: Retail Strategy Focused On Organic Growth, "Not Right Time" For Retail Acquisitions
Dynegy's retail strategy will be focused on organic growth between now and 2018, Dynegy CEO Bob Flexon said during an earnings call
November 3, 2016
Genie Retail Energy Reports Purchase Price For Acquisition of Town Square Energy
Genie Retail Energy announced that on November 2 it closed on its acquisition of Retail Energy Holdings, LLC (REH), the owner of the Town Square Energy retail suppliers, for $9.5 million in cash plus working capital.
November 2, 2016
TransCanada Expects To Sell Power Marketing Business For $435 Million
TransCanada Announces Sales of Northeast Generation Assets
TransCanada announced that it expects to realize $435 million in a future sale of Northeast power marketing business, which is expected to be realized going forward.
November 1, 2016
Residential Default Service Rate At Massachusetts Utility To Increase Nearly 20%
Western Massachusetts Electric Co. (Eversource) has filed new default service rates for the period beginning January 1, 2017
October 31, 2016
Citing Ongoing Complaints, Regulator Weighs New Changes To Retail Supplier Marketing Standards, Seeks Comments
Regulator Asks Whether "Minimum Customer Credit" Should Be Paid In Cases of Slamming
Citing ongoing customer complaints, the Connecticut PURA has requested stakeholder comment on a series of questions related to retail electric supplier marketing standards
October 28, 2016
Regulator Moves To Consider Requiring Retail Supplier Summary Information (Next Month's Rate, Termination Fee Info) On Business Customer Bills
The Connecticut PURA issued a final order to re-open proceeding Docket 14-07-19 to consider whether summary information required to be listed on residential customer bills should apply to business customer bills.
October 27, 2016
Briefly
State Launches New Energy Shopping Website
October 27, 2016
State Formally Adopts Rules For New Electricity Shopping Website
The Massachusetts DPU has formally adopted rules for a new electricity shopping website run by the DPU (http://www.energyswitchma.gov).
October 27, 2016
Owners of Retail Supplier Sell Interests In Broker
Several individuals who own membership interests in North American Power sold their interests in broker Commercial and Industrial Energy Solutions, LLC.
October 26, 2016
Court Says It Lacks Authority To Review Deadlocked FERC Which Allowed ISO-NE Capacity Auction Results Clouded By Market Power Allegations To Take Effect
Court Laments "Questionable" Decision By Then-FERC Chair To Disclaim Authority Over Auction Results
The U.S. Court of Appeals for the D.C. Circuit said in an order that it lacks authority to review deadlocked FERC decisions, in finding that it cannot review a deadlocked FERC which allowed the results of the 2014 ISO New England Forward Capacity Auction (FCA 8, for 2017/18 delivery year) to stand
October 21, 2016
RESA: Generators' Play To Terminate ISO-NE Peak Energy Rent Rebate Immediately Would Harm Retail Suppliers
A complaint filed at FERC by the New England Power Generators Association, Inc. seeking to terminate the Peak Energy Rent (PER) rebate, a key feature of the ISO-NE capacity market, effective September 30, 2016 would harm retail suppliers, the Retail Energy Supply Association said in comments at FERC…
October 21, 2016
Freepoint Commodities Subsidiary Receives Retail Supplier License In New State
The Public Utilities Commission of Ohio granted Freepoint Energy Solutions LLC an electric supplier license to serve commercial, mercantile, and industrial customers in all service areas.
October 19, 2016
Maine Sets New Standard Offer Rates
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 November 2016
October 19, 2016
Auction Advisor Recommends Delay in PSNH Generation Auction Process
Auction advisor J.P. Morgan has recommended to the New Hampshire PUC that the PUC slightly delay the timeline for the auction process for Public Service Company of New Hampshire to divest it utility-owned generation.
October 17, 2016
Utility Opposes Collection of Deposits On Behalf Of Retail Suppliers
Emera Maine opposed requiring the T&D utilities to collect deposits from customers on behalf of competitive electricity providers (CEP).
October 13, 2016
Regulator Weighs Requiring Retail Supplier Summary Information (Next Month's Rate, Termination Fee Info) On Business Customer Bills
The Connecticut PURA issued a draft order that would re-open proceeding Docket 14-07-19 to consider whether summary information required to be listed on residential customer bills should apply to business customer bills.
October 13, 2016
Due To Error, Utility Erroneously Informed Regulator That Retail Suppliers Not In Compliance With Billing Rules
Connecticut Light and Power (Eversource) informed the Connecticut PURA that, due to EDI problems, it had erroneously informed PURA that for certain customer accounts, retail suppliers were not providing information regarding early termination fees which must be provided to the EDCs for inclusion on…
October 12, 2016
Muni Aggregator Asks Regulator To Make Supplier Complaint Data, Enforcement Actions Public; AG Would Require Suppliers To Notify Affected Customers of Violations, Remedial Order
The Cape Light Compact, in comments on proposed guidelines governing retail supplier enforcement proceedings, asked that the Massachusetts DPU make information concerning retail supplier complaints and enforcement actions public
October 12, 2016
Attorney General Seeks To Establish "Code of Conduct" For Retail Suppliers, Increase Maximum Fines
The Massachusetts Office of the Attorney General, in comments on proposed guidelines governing retail supplier enforcement proceedings, asked that the Massachusetts DPU establish a "code of conduct" for retail suppliers, which would include standards for categories of behavior that could lead to…
October 10, 2016
N.H. Default Service Rates To Increase 30%
The New Hampshire PUC has approved new default service rates at Unitil for the period beginning December 1, 2016
October 7, 2016
Update: PUC Releases Methodology For New Pricing Index Which May Determine Small Customer Default Service Rates
With a bidder confidentiality period now expired, the Maine PUC has released an order setting Standard Offer rates for residential and medium non-residential customers at Maine Public Service (Emera Maine – Maine Public District).
October 6, 2016
Santanna Energy Services Selected For Town's Opt-In Aggregation
Santanna Energy Services announced that it has been selected by Howland Township, Ohio as the supplier for the township's opt-in natural gas aggregation available to residential and small business customers
October 6, 2016
North American Power Launches Retail Supplier Focused on C&I Market
North American Power officially announced the launch of its North American Power Business brand which will focus on enrolling commercial customers, particularly through brokers
October 5, 2016
PSNH Provides Estimate of 2017 Default Service Rates
Public Service Company of New Hampshire (Eversource) filed with the New Hampshire PUC a preliminary estimate of its default service rate for the period beginning January 1, 2017.