June 22, 2011
N.Y. PSC Posts March 2011 Natural Gas Migration Data
The New York PSC has posted natural gas migration statistics for the month of March 2011, as well as several prior months.
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June 21, 2011
Briefly
Stream Energy Elected to NEM Executive Committee
June 21, 2011
License Briefs
U.S. Gas & Electric Subsidiary Seeks Conn. Electric License
June 20, 2011
Hourly Pricing Threshold to be Lowered at Orange and Rockland
The threshold for mandatory hourly pricing for default service at Orange & Rockland Utilities will decrease from 500 kW to 300 kW under a stipulation incorporated into a final written order in O&R's New York rate case (10-E-0362).
June 20, 2011
N.Y. PSC Posts Updated Electric Migration Data
The New York PSC has posted updated electric migration stats for the month of April 2011 as well as several earlier months.
June 17, 2011
Briefly
Andrea Barbeau Joins AEG Affiliated Energy Group
June 17, 2011
License Briefs
Alpha Gas and Electric Receives New Jersey Electric, Gas Licenses
June 17, 2011
Hourly Pricing to be Expanded at NiMo
The New York PSC approved Niagara Mohawk's implementation plan to expand the cutoff for Mandatory Hourly Pricing for default electric service to 250 kW (10-E-0050).
June 16, 2011
N.Y. PSC Posts Updated Natural Gas Migration Stats
The New York PSC has posted natural gas migration statistics for the month of December 2010, as well as several prior months.
June 16, 2011
Viridian to Launch ComEd Service August 1, Enters Additional Markets In New York
Viridian Energy will begin offering electricity to mass market customers at Commonwealth Edison on August 1.
June 14, 2011
Briefly
Ambit Energy said yesterday, in formally announcing the New York expansion first reported by Matters (6/13) that it, "enrolls nearly 13 percent of all New York households switching to an electricity service company (ESCO) in the markets where it operates." Using the most recent New York PSC electric…
June 14, 2011
IDT Energy Reports Second Consecutive Quarter of Customer Growth
IDT Energy reported $8.6 million in income from operations for the quarter ending April 30, 2011, versus $9.9 million a year ago, due to higher marketing expenses and well as a decrease in natural gas gross margin.
June 13, 2011
License Briefs
NextEra Energy Services Seeks Ohio Gas License
June 13, 2011
Ambit to Expand to Additional N.Y. Territories in July
Ambit Energy will continue its New York expansion in July, entering two additional territories, CEO Jere Thompson, Jr. and Chief Marketing Officer Chris Chambless told Matters.
June 10, 2011
Ambit Surpasses 500,000 Customers, Consultants Report ComEd Entry This Month
Ambit Energy announced that it passed 500,000 active customers in the first quarter of 2011.
June 8, 2011
Briefly
PPL EnergyPlus Surpasses 10,000 Residential Customers
June 6, 2011
Capacity Suppliers File Complaint to Raise Capacity Prices in New York
No doubt emboldened by several recent FERC decisions, several New York capacity suppliers have filed a complaint at FERC alleging that the New York ISO's implementation of its buyer-side market power mitigation provisions is in violation of its tariff.
June 3, 2011
PennFuture Seeks to Mandate Net Metering Compensation Paid by Electric Suppliers; Alternative AEPS Mechanism
If the Pennsylvania PUC removes the default service role from the electric distribution utilities, it must require, "that any default service provider(s) and all EGSs [electric generation suppliers] offer full net metering compensation to their customers," PennFuture said in comments to the PUC…
May 31, 2011
License Briefs
Alphabuyer Receives Maryland Broker License, Will Enter N.Y., N.J. Markets
May 27, 2011
Briefly
FirstEnergy Solutions to Supply Fulton, Illinois Opt-Out Aggregation
May 26, 2011
Dallas Fed Study Finds Retail Choice Lowers Prices When Participation High
"The effects of a competitive retail electricity market are mixed across states, but generally appear to lower prices in states with high participation and raise prices in states that have little customer participation," says a white paper from the Federal Reserve Bank of Dallas .
May 25, 2011
Suit Alleges Ambit Multi-Level Marketing Contrary to Federal Law
An Ambit Energy consultant has filed a suit against Ambit alleging breach of contract, and that Ambit's multi-level marketing network is a "pyramid scheme" contrary to federal law.
May 23, 2011
N.Y. PSC Details Amount of RGE Customers Remaining on Default Service in New Hourly Pricing Classes
Of the Rochester Gas & Electric customers to be newly exposed to hourly default service over a two-year phase-in ending in 2012, about 85 are currently taking default service, the New York PSC reported in a written order on RGE's compliance plan.
May 20, 2011
Just Energy Reports Higher Earnings on Weather, Customer Additions
Just Energy Group Inc. reported adjusted EBITDA of $118.3 million for the quarter ending March 31, 2011 (fourth quarter of fiscal 2011), up from $109.0 million a year ago (all figures Canadian).
May 20, 2011
N.Y. PSC Approves Lowering of Hourly Pricing Cutoff at Rochester Gas & Electric
The New York PSC approved a plan to lower the hourly priced default service threshold at Rochester Gas & Electric to 300 kW.