August 2, 2013
Illinois Denies Purchase of Receivables Program
The Illinois Commerce Commission has denied a purchase of receivables program at Nicor Gas.
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August 2, 2013
Wisconsin Electric Sees First Customers Shopping
Wisconsin Electric Power Company has seen the first customers in its Michigan Upper Peninsula electric territory shop for an alternative supplier.
August 1, 2013
License Briefs
Nordic Energy Services Seeks License in New State
August 1, 2013
AGL Acquires Retail Supply Customer Book
AGL disclosed in reporting earnings yesterday that its retail operations segment recently acquired a retail customer book in Illinois.
July 31, 2013
AEG Retained by Retail Supplier to Engineer Strategic Business Combinations
The M&A Team of AEG Affiliated Energy Group announced today that it has been retained by a "mid-sized" retail electricity and natural gas provider (Energy Service Company or ESCO) seeking a well-capitalized purchaser of its business and certain related assets or counterparty to a strategic business…
July 31, 2013
Report: Arizona House Speaker Urges ACC to Not Pursue Retail Electric Choice
Arizona Speaker of the House Andy Tobin issued a statement Tuesday urging the Arizona Corporation Commission to not pursue retail electric choice at this time, citing, "great concerns over the possible implementation of a restructured electric market in the state of Arizona," according to a report…
July 30, 2013
FERC, JP Morgan Unit Agree to $410 Million in Penalties, Disgorgement to Ratepayers
The Federal Energy Regulatory Commission (FERC) said today that it approved a stipulation and consent agreement under which JP Morgan Ventures Energy Corporation (JPMVEC) will pay $410 million in penalties and disgorgement to ratepayers for allegations of market manipulation stemming from the…
July 30, 2013
License Briefs
ConocoPhillips Receives Supplier License in New State
July 30, 2013
Affiliate of Advanced Energy Capital Launching Broker Business
An affiliate of Advanced Energy Capital LLC is launching a retail energy brokering business.
July 29, 2013
FERC Seeks More Info on Market Power Impacts from Dynegy Acquisition of Ameren Energy Resources
FERC Staff has requested more information from various Ameren subsidiaries and Dynegy concerning the market power impacts of the proposed acquisition of Ameren Energy Resources by Dynegy.
July 29, 2013
License Briefs
Stand Energy Seeks to Serve Customers in New Service Area
July 29, 2013
DTE: More Support in Lowering Michigan Choice Cap Rather Than Expanding It
If Michigan decides to alter the current 10% electric choice cap, DTE Energy sees "more energy" in lowering the cap, rather than expanding it, executives said during an earnings call Friday.
July 26, 2013
AEP CEO: Treatment Under PJM Capacity Market is "Socialism"
PJM's capacity market is a "version of socialism," American Electric Power CEO Nicholas Akins said during an earnings call yesterday.
July 25, 2013
Retail Suppliers Seek to Prohibit Early Termination Fees in Opt-Out Municipal Aggregations
Several retail suppliers pressed the Illinois Commerce Commission to prohibit opt-out municipal electric aggregations from imposing termination fees on customers included in the aggregation on an opt-out basis, in exceptions to a proposed first notice order on aggregation rules.
July 24, 2013
License Briefs
Ethical Electric Seeks License in New State
July 24, 2013
Direct Energy Veterans Join Petroleum Marketer to Launch New Retail Energy Supplier
A Northeast petroleum marketer is expanding into load-serving retail electricity and natural gas supply, and has hired several veterans of Direct Energy and Strategic Energy to lead the effort.
July 23, 2013
Champion Energy Services Announces Next Market Entry
Champion Energy Services announced that it would enter its next retail energy market in the near future.
July 22, 2013
Briefly
Broker EMEX Expands Reverse Auction Tool to Natural Gas
July 22, 2013
Broker PowerOne Expands Through Agreement with Sherpa Energy Services
PowerOne Corporation of Chicago, Illinois, announced that it is "aggressively" expanding its service area through an agreement with Sherpa Energy Services.
July 22, 2013
License Briefs
Integrity Energy Services Seeks License in New State
July 19, 2013
Texas, With Energy-Only Market, Again Only State With Retail Choice in CNBC Top 10 States for Business (Capacity Market States Fare Poorly)
Texas, with its energy-only market, is again the only state with retail electric choice rated as attractive to businesses, this time in CNBC's 2013 update to America's Top States for Business, while capacity market states are ranked as among the most undesirable states for business.
July 19, 2013
License Briefs
New Start-up REP Receives Texas Certificate
July 18, 2013
Michigan Utility Seeks Waiver of Billing Rules to Collect Additional Charges from Shopping Customers, due to Prior "Error"
Michigan Gas Utilities Corporation (MGUC) petitioned the Michigan PSC for a waiver of the PSC's billing rules to allow it to collect from shopping customers unrecovered costs authorized under the reservation charge, due to an error in collection of the charge.
July 18, 2013
Constellation Selected by 20 Illinois Communities to Supply Fixed-Price Electricity
Constellation NewEnergy, Inc. announced that it has been selected to supply an estimated 9,000 eligible residents and small commercial customers in 20 Illinois communities with fixed-cost electricity following a competitive bidding process under the communities' electricity choice aggregation…
July 15, 2013
License Briefs
Infinity Power Partners Seeks License in New State