August 16, 2018
Illinois Power Agency Releases Draft Default Service Procurement Plan
The Illinois Power Agency has released a draft of its 2019 electricity default service procurement plan for public comment
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August 16, 2018
PUC To Review Default Service Supply, Pricing Rules
Consistent with its obligation to routinely review its rules every five years, the Public Utilities Commission of Ohio has opened a review of the rules at Ohio Adm.Code Chapter 4901:1-14, Uniform Purchased Gas Adjustment Clause
August 15, 2018
Settlement In Utility Merger Proceeding Requires Utility To Propose Expansion Of Purchase Of Receivables (POR) Program
Stipulation Addresses Other Retail Choice Issues As Well
A settlement among parties in a Pennsylvania PUC proceeding addressing the proposed merger of UGI's three Pennsylvania natural gas utilities into a single utility -- with distinct rate zones and tariffs -- addresses various retail choice issues, including requiring UGI to propose expansion of its…
August 9, 2018
Final Wisconsin Strategic Energy Assessment Devoid Of Discussion Of Customer Choice
A final biennial Strategic Energy Assessment released by the Public Service Commission of Wisconsin for 2018-2024 did not contain a substantive discussion of retail electric customer choice.
August 2, 2018
Start-up Retail Supplier Led by Natural Gas Trader Formed, Seeks Licenses
Start-up Mercury Energy Marketing, LLC has applied for an Ohio retail natural gas supplier license to serve residential and commercial customers at Dominion East Ohio and Columbia Gas
August 1, 2018
MC Squared Energy Services Seeks To Serve New Service Territory
MC Squared Energy Services, LLC d/b/a mc2 - Where Energy Comes From applied for an expanded Illinois alternative retail electric supplier license to include service to all customer classes at Ameren.
July 31, 2018
Centrica North America Business (C&I) Segment Returns To Profitability, But Earnings Down 50% Versus H1 2017
Centrica reported that its North America Business (C&I) segment returned to profitability in the first half of 2018, having made a loss in the second half of 2017
July 31, 2018
Direct Energy Acquires Retail Customer Book
Centrica, the parent of Direct Energy, reported that, in July, it acquired a portion of BP’s US retail marketing operation, which supplies around 100bcf of gas per year to customers in Indiana, Kentucky, Tennessee and Ohio.
July 25, 2018
Michigan PSC Approves Capacity Charge For Retail Suppliers
The Michigan PSC approved a settlement agreement under which Upper Peninsula Power Co. (UPPCo.) will continue its state reliability mechanism (SRM) charge of $90,810 per megawatt-year, assessed on full-service customers and on customers who have their electric provided by an alternative electric…
July 16, 2018
Court Says Michigan PSC Lacks Authority To Impose Local Capacity Clearing Requirement On Alternative Electric Suppliers (Retail Suppliers)
The State of Michigan Court of Appeals has ruled that the Michigan PSC lacks the authority to require alternative electric suppliers to meet local capacity clearing requirements
July 12, 2018
Retail Energy Vet Named VP, Government Aggregation & New Business Development for AGE
Company To Seek Strategic Acquisition Opportunities
Mark Berry, an industry veteran of 27 years, is joining Affordable Gas + Electric, LLC (AGE) as Vice President of Governmental Aggregation & New Business Development.
July 10, 2018
FirstEnergy Solutions Finds Buyer For Retail Book (Buyer, Price Disclosed)
Agreement Is Stalking Horse, Opportunity For Other Bidders
Note: This story was first published the evening of July 10 with an alert to our email subscribers
July 3, 2018
Illinois ORMD: Retail Supplier Customers At ComEd Paid 1.4¢/kWh More On Average Than Default Service During Past Year
As part of an annual report, the Illinois Commerce Commission's Office of Retail Market Development reported on the aggregate cost that customers of alternative retail electric suppliers paid in excess of the utility's default service rate, for the period June 2017 to May 2018
July 3, 2018
Office Of Retail Market Development Recommends Utility Price To Compare Be Required To Be Listed On Retail Supplier Marketing, Solicitation Materials
As part of an annual report, the Illinois Commerce Commission's Office of Retail Market Development has recommended that the utility's Price To Compare be included on any solicitation or marketing materials to mass market customers which contain a price per kWh.
June 29, 2018
Michigan PSC Sets Forward Local Capacity Requirement For Retail Suppliers
The Michigan PSC has set the forward local capacity requirements for LSEs, including retail electric suppliers, and adopted related parameters governing the local capacity requirement
June 28, 2018
Large Commodities Trader Announces Launch Of Retail Service In Texas Market
Freepoint Energy Solutions LLC announced that as of July 1, 2018, it will be providing electricity commodity supply to commercial and industrial ("C&I") customers in Texas.
June 21, 2018
PUC Dismisses Complaint Concerning Provision Of Customer Lists To Retail Suppliers
The Public Utilities Commission of Ohio dismissed a "self-complaint" filed by Vectren Energy Delivery of Ohio (Vectren, VEDO, or "Company") that had asked that PUCO affirm Vectren's decision to deny the provision of an eligible customer list to an entity which, as alleged by Vectren, identified…
June 20, 2018
Astral Energy Acquiring Book Of Customers
Astral Energy, LLC is acquiring a book of customers from National Choice Energy, LLC (NCE)
June 1, 2018
Teleios Commodities Provides Start-Up Capital for New Retail Supplier Led By Market Veterans
Teleios Commodities, LLC announced a "material" investment in Powervine Energy, a newly created retail energy company providing energy services to residential customers and small businesses in the Northeastern United States.
May 31, 2018
Illinois Commerce Commission Seeks Input on Electricity Markets NextGrid Utility of the Future Study
The Illinois Commerce Commission sought input on the topics related to NextGrid Working Group #5, Electricity Markets
May 30, 2018
Retail Supplier Launching Service In Ohio
Kiwi Energy announced that it is extending its services to residents in the state of Ohio.
May 30, 2018
Poll: 80% Of Illinois Residents Want Electric Choice
A new poll commissioned by CleanChoice Energy indicates that 79% of Illinoisans want to be able to choose who provides their electricity.
May 24, 2018
Vistra Energy Reports Capacity Amounts Cleared, Revenues From PJM Capacity Auction
Vistra Energy Corp. has reported its results from the PJM capacity auction for planning year 2021/2022.
May 24, 2018
PJM Rest-of-RTO Capacity Prices Nearly Double; BGE, PSEG, ATSI Zones Separate
PJM's base residual auction for the 2021-22 delivery year saw Rest-of-RTO capacity prices nearly double versus 2020-2021, with the BGE, PSEG, and ATSI zones among those separating
May 4, 2018
Calif. PUC Releases Draft Review Of Choice Issues, As "Call To Action" On Retail Market Structure Warns Choice Being Implemented By Piecemeal Statutory Directives And Decisions, Could Lead To Another Crisis
The California PUC released a draft study of issues facing the retail sale of electricity in the state (known as the Green Book), observing that current policy is being driven by disparate actions undertaken to achieve various goals in the wake of the 2000-01 energy crisis, and cautioning that the…