October 5, 2012
Orange & Rockland to Increase Purchase Of Receivables Discount Rate
Orange & Rockland Utilities has filed updated electric and natural gas purchase of receivables discount rates.
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October 4, 2012
Champion Energy Expands Footprint to Seventh State
Champion Energy Services, LLC announced that it has been licensed as an ESCO by the New York PSC, and plans to begin serving electric customers there during the second quarter of 2013.
October 3, 2012
Bounce Energy Launches Service Outside of Texas
Bounce Energy has begun offering electricity service in Pennsylvania.
September 27, 2012
No Surprise: Despite Sound & Fury, Pennsylvania PUC Won't Change Default Supplier Role, Structure
In what had been the expected outcome of the Pennsylvania PUC's investigation of the retail electric market design, despite much hot air to the contrary, the PUC has stopped short of a shift in the default service supplier role, declining to place retail suppliers in that role or otherwise conduct…
September 27, 2012
Preliminary Prospectus for Crius Energy Trust IPO Discusses New Markets, Acquisition Strategy for Retail Suppliers
Crius Energy Trust yesterday filed a preliminary prospectus with the securities regulatory authorities in all provinces and territories of Canada in connection with a proposed initial public offering of its trust units.
September 26, 2012
New York Staff Propose Comparison of ESCO, Default Service Costs on Bills, NiMo Supports
Staff of the New York Public Service Commission have recommended that Niagara Mohawk provide residential electric and natural gas ESCO customers with a comparison of competitive supply costs versus shadow default service costs, including through a notice on the monthly utility consolidated bill…
September 26, 2012
Stream Energy Expands Gas Marketing to New State
Stream Energy announced today that it is now serving natural gas customers in the Public Service Electric & Gas (PSE&G) territory of New Jersey.
September 25, 2012
New York ESCOs Seek Phase-In of Blended WACOC Releases at NYSEG
Several ESCO parties have asked the New York PSC to phase-in the proposed introduction of system-wide weighted average cost of capacity (WACOC) releases of capacity to ESCOs at NYSEG.
September 21, 2012
Public Power Study: Forward Capacity Market Not Needed in New York for Resource Adequacy
A study by Christensen Associates Energy Consulting prepared for several public power organizations concludes that New York's current approach to resource adequacy, including a spot capacity auction with no multi-year forward obligation, "does not require replacement by a mandatory forward…
September 20, 2012
AARP Cautions: "Buyer Beware" When Purchasing Gas and/or Electric Service in New York's Deregulated Energy Marketplace
AARP said in a news release yesterday that it is "very concerned" about recent reports of data showing New York residential customers who bought energy from energy service companies (ESCOs) paid $413 more for electricity and $235 more for natural gas over the past two years, on average, compared…
September 20, 2012
Affiliate of Entrust Energy Preparing Retail Market Launch in Northeast
A retail supplier affiliated with Texas retail electric provider Entrust Energy has filed for FERC market-based rate authority as part of its coming entry into the Northeast retail markets.
September 19, 2012
New York PSC Denies Sales Tax Reimbursement Sought by ESCO due to Incorrect Tax Rate Used by Utility
The New York PSC has denied a petition filed by Agway Energy Services, LLC which was seeking an order from the PSC directing Niagara Mohawk Power Corporation (NMPC or National Grid) to compensate Agway for incremental sales taxes and interest assessed by the New York State Department of Taxation and…
September 14, 2012
Briefly
New City Joins Texas Coalition for Affordable Power
September 14, 2012
Start-up Eligo Energy, LLC to Launch Retail Supplier
A new start-up called Eligo Energy, LLC will soon be entering the retail electric markets in several states.
September 12, 2012
Study: Texas Electric Rates Lower Than Rates in States With Capacity Markets
Texas electric rates are lower in nearly all instances than electric rates available to customers in states that rely on "capacity markets" for resource adequacy, according to a review of data conducted by EnergyChoiceMatters.com
September 11, 2012
FERC Orders NYISO to Re-test Capacity Units' Exemption from Buyer-Side Mitigation Using New Data
FERC yesterday ordered the New York ISO to recalculate its determinations exempting the new 575 MW generating facility owned by Astoria Energy II LLC (Astoria II) and the 512 MW generating facility being developed by Bayonne Energy Center, LLC from the buyer-side mitigation rules, as FERC granted…
September 10, 2012
New York ALJs Rule ESCO-Default Service Cost Comparison Shall Be Made Public
Two New York ALJs have ruled that a comparison of ESCO and utility costs provided by Niagara Mohawk in response to a discovery request shall not be afforded confidential treatment.
September 6, 2012
Briefly
FERC Dismisses Astoria Generating Company Complaint
September 5, 2012
Briefly
Rathvon Named Vice President for Retail Commodity Services at ConEdison Solutions
September 5, 2012
New York Consumer Protection Unit Files Proposal for Online Calculator of ESCO, Utility Costs at NiMo
The Utility Intervention Unit (UIU) of the New York State Department of State's Division of Consumer Protection has formally asked in testimony that the New York PSC direct Niagara Mohawk to launch an online bill comparison tool under which customers may compare historic ESCO and default service…
September 4, 2012
New York Staff Support Further Unbundling at NiMo; Recommend Level for Uncollectibles
Staff of the New York Public Service Commission have filed testimony supporting the further unbundling of rates at Niagara Mohawk, and proposed updates to the uncollectibles rates in the Merchant Function Charge (MFC) and purchase of receivables discount (12-G-0202 et. al.).
August 31, 2012
Start-up Perigee Energy Seeks Supplier License in New State
Perigee Energy, LLC, a Texas-based start-up, has applied for a retail electric supplier license in Connecticut.
August 29, 2012
New York ALJs Allow Discovery on NiMo Comparison of ESCO, Utility Costs
Two New York ALJs will allow a comparison of ESCO and utility costs provided by Niagara Mohawk to be used in discovery and litigation during NiMo's rate cases, but have not yet ruled substantively on whether such information should be released publicly, and accordingly afforded the data confidential…
August 29, 2012
Consumer Sales Solutions, LLC Acquires Majority of New York ESCO Holding Company
Consumer Sales Solutions, LLC has acquired a majority stake in AP&G Holdings LLC.
August 28, 2012
License Briefs
TERM Power & Gas, LLC Receives Gas Supplier License in New State