January 24, 2022
Parent Of Retail Supplier Announces Expansion of World's Largest Battery Energy Storage Facility
Vistra today announced that it plans to further expand its Moss Landing Energy Storage Facility in Moss Landing, California.
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January 24, 2022
Generator Owner Launching New Retail Supplier To Serve Industrial Customers; Will Be Involved In Spin-off Transaction
Long Ridge Retail Electric Supplier, which is indirectly owned 50.1% by Fortress Transportation & Infrastructure Investors LLC (FTAI) and 49.9% by Labor Impact Fund, L.P., has been formed to serve industrial customers that are located on the site of the Long Ridge Energy Generation Project in Ohio
January 20, 2022
Verizon Selects Supplier For Four Renewable Purchase Agreements, Including Texas Project
Leeward Renewable Energy today announced that it has entered into 15-year Renewable Energy Purchase Agreements (REPAs) with Verizon Communications, through which Verizon will purchase the energy generated from four of Leeward’s wind and solar projects under development: Blackford County Wind…
January 20, 2022
Utility Seeks To Suspend Ability For Retail Suppliers To Enroll Customers For Over Two Weeks
Duke Energy Ohio has applied for various waivers of certain Ohio rules as part of a cutover to a new CIS and billing system
January 10, 2022
Former FirstEnergy VP To Join Board Of Constellation Upon Spin-off, Board Members Announced
Exelon Corp. announced Constellation’s Board of Directors following the company’s separation from Exelon.
January 6, 2022
Retail Supplier Identifies Further Contracts Not Being Included In Book Sale Due To Switch Blocks, Will Drop Such Customers To SOS
Liberty Power Holdings, LLC, and related debtors (collectively, "Liberty"), have identified certain additional pre-petition and post-petition Selected Customer Accounts that are not either being sold to buyer NRG Energy under the previously reported Stalking Horse Agreement or where such the…
January 6, 2022
Retail Energy Broker Announces Sale Process For Business
Trusted Energy LLC d/b/a T.E. Energy Consultants LLC (NJ) announced a sale process for its business
December 15, 2021
PUC Proposes Changes To Retail Market Monitoring Rules
The Public Utilities Commission of Ohio has issued proposed changes to Ohio Adm.Code 4901:1-25, regarding electric service generation market monitoring reporting requirements.
December 7, 2021
Energy Services Provider & Procurement Consultant Acquires Provider Of Smart Building Solutions, Controls, Automation
Ameresco, Inc., an energy services provider specializing in energy efficiency and renewable energy and which also offers energy procurement consulting, announced that it has acquired Plug Smart, an Ohio-based energy services company that specializes in the development and implementation of budget…
November 22, 2021
Utility Schedules Stakeholder Meeting On Proposed Change In Default Service Mechanism
Duke Energy Ohio, Inc. will hold a virtual meeting with all interested parties on December 1, 2021 concerning its proposal, contained in a non-unanimous settlement agreement, to transition its default service procurement from the gas cost recovery mechanism to a wholesale standard service offer (SSO…
November 8, 2021
Retail Supplier Acquires Book Of Customers
Josco Energy USA, LLC is assigning 33 residential natural gas supply customer contracts to Median Energy Corp.
November 5, 2021
NRG Won't Acquire Liberty Power Connecticut Customers, Customers Will Be Dropped To Default Service
Liberty Power Holdings, LLC and related affiliates (Liberty, or Debtors) asked a bankruptcy court to approve an amended customer book purchase agreement with NRG under which NRG agrees that it will no longer acquire any Connecticut customers from Liberty as originally contemplated
November 5, 2021
Vistra Reports Higher Retail Adjusted EBITDA; Loss Of Residential Customers Slows; Again Sees Net Residential Growth In Texas
Vistra reported third quarter 2021 Adjusted EBITDA from the Retail segment of $65 million, $205 million higher than third quarter 2020 results (which saw negative $140 million in Adjusted EBITDA for the Retail segment), "driven by the execution of Vistra's self-help initiatives following Uri and…
October 28, 2021
Update: Texas PUC Docket Housing Customer Comments Seeking Choice In Non-ERCOT Areas Also Expanded To El Paso Electric, In Addition To SPS, SWEPCO, Entergy
During today's open meeting, the Texas PUC expanded the recently assigned Control Number 52760, originally styled as, "Investigation into Need for Customer Choice in Areas of Texas Served by Entergy Texas, Southwestern Public Service Company, and Southwestern Electric Power Company," to also include…
October 27, 2021
Texas PUC Issues Control Number For Investigation Of Need For Customer Choice At SPS, SWEPCO, In Addition To Entergy
The Texas PUC has assigned Control Number 52760 for a proceeding styled as, "Investigation into Need for Customer Choice in Areas of Texas Served by Entergy Texas, Southwestern Public Service Company, and Southwestern Electric Power Company."
October 22, 2021
New Michigan Bill Would Allow Some Industrial Customers To Take Retail Choice, Regardless Of 10% Cap
A new bill, Senate Bill 0695, has been introduced in the Michigan Senate which would allow some industrial customers to take service from a competitive retail electric supplier, regardless of the status of the 10% choice cap
October 20, 2021
PUC Approves Settlement Under Which Retail Supplier Will Provide Up To $215,000 In Additional Customer Re-Rates, Forego Collection Of $800,000
The Public Utilities Commission of Ohio adopted without modification a settlement among PALMco Power OH, LLC and PALMco Energy OH, LLC (PALMco), Staff of the Public Utilities Commission of Ohio, and the Office of the Ohio Consumers' Counsel under which PALMco will provide up to $215,000 in further…
October 13, 2021
Southeast Utilities Announce Receipt Of FERC Approval For New Energy Market
The Southeast Energy Exchange Market (SEEM) announced today that members today received clearance from the Federal Energy Regulatory Commission (FERC) for their proposed trading platform as a result of a 2-2 commission vote.
October 12, 2021
Vistra, Parent Of TXU, Announces $2 Billion Share Repurchase Program
Vistra Corp. (the "Company" or "Vistra") today announced a new $2 billion share repurchase program and the pricing of a private offering (the "Offering") of 1,000,000 shares of its 8% Series A Fixed-Rate Reset Cumulative Redeemable Perpetual Preferred Stock (the "Preferred Stock") to qualified…
October 7, 2021
Texas PUC Commissioner: We Should "Re-Look" At Transition To Competition At Entergy Texas
Invites Stakeholder Comment On Whether It's "Time To Move Forward" With Choice At Entergy Texas
During today's Texas PUC opening meeting, Commissioner Jimmy Glotfelty said that the PUC needs to "re-look" at a transition to competition at Entergy Texas
October 6, 2021
Google Marketing RECs, Providing Consolidated Bill With Utility, Nest Charges Under New Program
Google is launching, via a preview to invited customers, Nest Renew, a suite of services connected to Google's latest smart thermostat that includes matching users with RECs and providing a single bill with the customer's utility and Nest charges
October 1, 2021
ComEd Residential Price To Compare Increases 15%; Ameren PTC Up 12%
CUB Warns Customers Against Retail Supplier Marketing, Offers
New Prices to Compare have taken effect for Commonwealth Edison (ComEd) and Ameren in Illinois on October 1.
October 1, 2021
Exelon Names CEO, Branding For Spin-Off Of Competitive Generation, Retail Business
Exelon Corp. today announced the senior leadership of the transmission and distribution utility business and the competitive power generation and retail energy business that will result from the planned separation of the companies.
September 30, 2021
Update: Written Order Issued Providing Timing, Frequency Of Negative COVID Tests Needed To Conduct Door To Door Sales
The Illinois Commerce Commission has issued written orders allowing the resumption of all forms of in-person retail energy marketing, including door to door marketing to residential customers, subject to several conditions
September 30, 2021
Update: Written Order Issued Providing Timing, Frequency Of Negative COVID Tests Needed To Conduct Door To Door Sales
The Illinois Commerce Commission has issued written orders allowing the resumption of all forms of in-person retail energy marketing, including door to door marketing to residential customers, subject to several conditions