August 16, 2011
Residential Migration at Ameren Nears 10,000
Residential electric migration at Ameren, aggregating all three rate zones, was about 8,000 customers as of August 5, Illinois' Office of Retail Market Development reported.
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August 16, 2011
NRG Energy to Acquire Energy Plus Holdings, LLC
NRG Energy, Inc. announced this morning a definitive agreement to acquire Energy Plus Holdings, LLC for $190 million in cash.
August 15, 2011
Proposed Michigan Order Would Impose 1 Mill/kWh Charge on Retail Access Customers
A proposed order from a Michigan ALJ would allow Detroit Edison to charge retail open access customers 1 mill per kWh, for the cost of Detroit Edison's environmental compliance (U-16472).
August 11, 2011
License Briefs
MC Squared Energy Services Seeks Pennsylvania Electric License
August 11, 2011
Border Energy Offering Residential Electricity at Columbus Southern Power
Border Energy Electric Services, Inc. has begun offering residential electricity supply at Columbus Southern Power.
August 11, 2011
Nordic Energy Services Offering Customized Residential Pricing at ComEd
Nordic Energy Services, LLC, has begun offering customized electric pricing for residential customers at Commonwealth Edison.
August 11, 2011
Ampegy to Expand to All Spark Energy Territories By Year End
Ampegy will expand to all of Spark Energy's territories by the end of the year, Todd Thoman, president of Ampegy, told Matters.
August 10, 2011
Briefly
PUCT Approves Lower Discretionary Service Charges at TCC and TNC
August 10, 2011
License Briefs
ConEdison Solutions Seeks to Serve Residential Customers in Illinois
August 9, 2011
Viridian Expects to Enter Ameren Market
Viridian Energy has its sights set on the Ameren market, CEO Michael Fallquist told Matters yesterday in discussing Viridian's recent entry into the ComEd territory (see 7/27) .
August 5, 2011
Illinois Posts Migration Stats for May 2011
The Illinois Commerce Commission has posted electric migration statistics as of May 2011.
August 5, 2011
Slower Growth at Integrys Energy Services Due to Illinois Market Development Delays
Delays in the development of the Illinois retail electric market were among the reasons for slower growth at Integrys Energy Services, executives said yesterday during an earnings call.
August 3, 2011
Constellation's NewEnergy Segment Reports Higher Earnings
Constellation's NewEnergy segment reported higher adjusted earnings of $52 million for the second quarter, versus $44 million a year ago.
August 3, 2011
Duke Energy Retains Stable Level of Migrated Load at Duke Energy Ohio
Duke Energy is serving 72% of retail generation load at Duke Energy Ohio, either through utility Standard Service Offer sales or sales by affiliate Duke Energy Retail Sales.
August 2, 2011
MISO: Retail Suppliers Will Pay Auction-Clearing Price for New Capacity Obligations
The Midwest ISO told Matters this afternoon that retail suppliers will pay the applicable capacity auction clearing price for any new load acquired as a result of switching under MISO's proposed modifications to its Module E resource adequacy construct.
August 2, 2011
Briefly
Windstream Corp. entered into a definitive agreement to acquire Paetec Holding Corp in a transaction valued at approximately $2.3 billion. Paetec owns retail supplier U.S. Energy Partners, as well as broker Technology Resource Solutions, Inc. (Paetec Energy)
August 1, 2011
Briefly
Constellation Energy Officially Launches Ameren Residential Offers
July 29, 2011
CMS Energy's Russell: Michigan Choice Bill has "No Traction"
A bill which has been introduced to exempt Michigan schools from the 10% electric choice cap has "no traction" and has "not gone anywhere," CMS Energy President and CEO John Russell said on an earnings call yesterday.
July 28, 2011
Direct Energy Reports Higher Profits, Lists Top Markets for Residential Entry
Direct Energy reported a 32% increase in profit for the first six months of 2011, from US$212 million to US$279 million, due to strong sales performance of Direct Energy Business as well as the acquisitions of Clockwork Home Services and the Wildcat Hills gas assets.
July 27, 2011
Michigan PSC Approves New Rates for Consumers Energy Renewable Options
The Michigan PSC approved amendments to Consumers Energy Company's voluntary Green Generation Program that lower the cost of the renewable options.
July 27, 2011
Briefly
Gov. Rick Perry named Donna Nelson chair of the Public Utility Commission of Texas for a term to expire at the pleasure of the governor. Nelson has served as a Commissioner on the PUCT since 2008, and is a former special assistant and advisor in the Governor's Office on energy, telecommunications…
July 27, 2011
Exelon Energy Retail Electric Volumes Up by Over 50%
Retail supplier Exelon Energy recorded "significant growth" during the first six months of the year, executives said during an earnings call this morning.
July 27, 2011
GDF Suez Retail Energy Solutions to Serve Residential Customers As Well
According to an application it filed for a REP certificate in Texas, GDF Suez Retail Energy Solutions LLC will serve residential customers in addition to small commercial customers.
July 26, 2011
License Briefs
Gulf Oil Limited Partnership Receives Massachusetts Electric License
July 26, 2011
Integrys Energy Services Reports Illinois Customer Growth, Officially Announces Ameren Residential Service
Integrys Energy Services has signed up nearly 20,000 Illinois electric customers since entering the residential market in early April, Brian Bowe, Illinois Direct Mass Market Manager, said as Integrys Energy Services officially launched its residential offers at Ameren.