December 11, 2014
Satori Energy Acquires Book of Contracts
Satori Energy has acquired the energy procurement contract assets of Chicago-based Goby, LLC.
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December 10, 2014
Regulator to Hold Technical Meeting on Retail Supplier's Use of Trade Names
The Connecticut PURA will hold a technical meeting with Reliant Energy Northeast, LLC on December 17, 2014 to discuss the following items:
December 9, 2014
PSNH: Compelling Divestiture of Utility-Owned Plants May Allow Purchaser to Withhold Such Generation from Capacity Market
Public Service Company of New Hampshire raised the specter of a purchaser of its generating plants, should the PUC compel a divestiture, using the purchase to remove the PSNH plants from the ISO New England capacity market to drive up prices, citing the recent controversy over the removal of the…
December 9, 2014
Utility-Owned Generation Would Not Be Used for Default Service Pricing Under One PSNH Proposal
Public Service Company of New Hampshire has floated the idea that it retain its generating assets, but that the assets not be used to serve default service customers, with costs or benefits of the units instead applied to all customers via nonbypassable charge.
December 9, 2014
Champion Energy Offering Service in New State
Champion Energy Services is now "open for business" in Massachusetts, to serve commercial and industrial customers.
December 6, 2014
ISO New England Seeks Changes to Market Participant Financial Requirements to Protect Against "Thinly Capitalized" Retail Suppliers
ISO New England has filed at FERC proposed changes to its minimum capitalization requirements, claiming that the changes are needed to protect market participants against, "thinly capitalized," load serving entities which do not own physical assets.
December 4, 2014
PJM Revises Transition Period in Final Capacity Performance Design To Be Filed With FERC, Will Rely on RMR-Type Contracts in Short-Term
PJM informed stakeholders that its board has authorized the filing of a capacity performance proposal with FERC, though the Board has made several changes to the PJM Staff's proposal, including revisions to the transition period.
December 4, 2014
Retail Supplier Launches Energy Efficiency Services Company
The parent of ESCO BlueRock Energy has launched a new company, BlueRock Energy Services, to offer energy efficiency and other turnkey energy services
December 2, 2014
Update: Here Are The Complete National Grid Rhode Island Rates for 2015
Here are the complete National Grid Rhode Island SOS electric rates for the first six months of 2015 for residential and commercial customers, and first three months of 2015 for industrial customers.
December 1, 2014
PURA Seeking to Improve Rate Board, Take Best Practices From Other States
The Connecticut PURA intends to improve the state's electric supplier rate board, at EnergizeCT.com, with the effort to be informed by "best practices" used in other states.
November 26, 2014
FERC Orders Report on Potential Changes to NYISO Zone K Capacity Rules
FERC has ordered the New York ISO to conduct a stakeholder process to review whether Zone K should be modeled as an export-constrained zone in its capacity market.
November 26, 2014
PUC to Examine Relying on Longer-Term Default Service Contacts, Whether Utilities Should Offer "Price Stability"
The New Hampshire PUC has officially noticed a new docket (IR 14-338) to review the design of the electric utilities' default service procurements.
November 26, 2014
Another: AG Asks PUC to Mitigate Default Service Rate Hikes, Defer Costs for Future Collection
The Rhode Island Attorney General has asked the PUC to mitigate National Grid's electric default service rate hike.
November 25, 2014
More Class Action Suits Filed Against Retail Suppliers Solely Over Whether Pricing Was "Market-Based"
At least two more lawsuits seeking class action status have been filed against retail suppliers -- this time Direct Energy and Viridian Energy -- whose only allegation is that suppliers' rates were not "market-based" as claimed in various supplier materials.
November 24, 2014
Ziphany, Glacial Affiliate, Soliciting Bids for Sale
Ziphany, LLC, an affiliate of Glacial Energy included in Glacial's Chapter 11 proceedings, is soliciting bids for its demand response technology platform.
November 21, 2014
FERC "Encourage[s]" RTOs to Examine Energy Market Rule Changes (Greater Scarcity Pricing) to Provide Fuel Assurance
Capacity markets, Texas policymakers were told, provide a net benefit to customers because they eliminate unpredictable and volatile instances of excessive scarcity pricing in the energy market that customers cannot stomach, and therefore the billions provided in capacity subsidies result in lower…
November 21, 2014
Former Calpine Manager Leading New Broker
Start-up NOVA Ohio LLC, d/b/a NOVA Energy Partners applied for an Ohio electric broker license to serve all customer classes in all service areas.
November 20, 2014
National Grid Rhode Island Residential SOS Rate to Increase 50%
National Grid's Rhode Island residential Standard Offer Service rate is to increase about 50% to over 12¢/kWh starting January 1, 2015, per proposed rates filed with the PUC
November 20, 2014
Regulator Issues Cease and Desist Order to Retail Supplier Over Use of Marketer's Brand
The Connecticut PURA has issued a cease and desist order to Public Power, LLC after alleging that Levco Energy, in marketing supply from Public Power, is doing so under the name Levco Energy rather than Public Power.
November 19, 2014
Maine Standard Offer Rates Double
Standard Offer energy prices for the large non-residential classes at Central Maine Power and Bangor Hydro-Electric will essentially double for the month of December 2014.
November 19, 2014
Spark Revises Customer Book Acquisition in Response to Regulator Concerns
Spark Energy will, at this time, acquire a smaller Connecticut customer book from Town Square Energy than originally contemplated, after the Connecticut PURA informed the suppliers that it could not sanction the assignment of certain customers whose contracts PURA interpreted as being expired.
November 19, 2014
Parent of Retail Supplier Acquires Energy Efficiency, Distributed Generation Firm, Expands to Massachusetts Retail Market
ONEnergy, the parent of Sunwave Gas & Power, has acquired substantially all of the assets of AVACOS Clean Energy for $1.73 million (all $ Canadian).
November 18, 2014
Update: Complete WMECO Default Service Rates for First Six Months of 2015
Here are the Western Massachusetts Electric Company basic service rates for the first six months of 2015 for residential and small commercial customers, and first three months of 2015 for medium and large customers
November 18, 2014
State Proposes to Prohibit Assignment of Customer Contracts to Another Supplier "Without The Customer's Consent"
The Connecticut PURA, in newly proposed marketing standards for electric suppliers, has proposed prohibiting electric suppliers from assigning a customer's contract to another supplier, "without the customer's consent."
November 18, 2014
State Proposes Prohibiting Suppliers from Soliciting In Elderly Housing Complexes, Other New Marketing Rules
The Connecticut PURA has proposed that electric suppliers be prohibited from conducting door-to-door solicitations in elderly housing complexes under proposed new marketing standards.