The Secretary of the New York PSC has issued a process for consideration of requests for rehearing of the New York PSC's June 2023 order on energy broker registration and regulation

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August 29, 2023

New York ESCO Says Broker Fees "Often Higher Than Hypothetical Margin" Of ESCO, Up to 5x Higher

In recent comments to the New York PSC, EnergyMark, LLC stated, "EnergyMark and other ESCO’s have noted Energy Broker and Consultant fees that are often higher than the hypothetical margin (before associated physical and financial risks) of the ESCO on a given opportunity -- sometimes 3-5 times…

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August 18, 2023

New York PSC Affirms Order Requiring ESCO To Drop Customers To Default Service

The New York PSC issued an order on rehearing concerning the ESCO eligibility of SunSea Energy, LLC, in which the PSC affirmed its prior order that SunSea's re-application for ESCO eligibility is denied and SunSea's customers must be returned to default service. The PSC did grant limited rehearing…

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August 18, 2023

New York PSC Issues Show Cause Order To ESCO, Alleging Provision Of Non-Compliant Products To Mass Market Customers

The New York PSC directed Atlantic Energy LLC to show cause why its eligibility to act as an Energy Services Company (ESCO) in New York State should not be revoked or, alternatively, why other consequences as set forth in the Commissions UBP should not be imposed, for the alleged provision of…

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August 16, 2023

Retail Supplier Announces $70 Million Community Solar Development

EnergyMark announced a new $70 million community solar development, encompassing seven projects, that the company said, "is expected to produce $2.5 million annually in bill credits for their NYS electric customers for the next 10 years."

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August 14, 2023

AARP New York Asks New York PSC To "Look Into" Use Of RECs by ESCOs To Back Renewable Energy Marketing Claims; Seeks Prohibition On "Misleading" Representations

In comments on a proposed New York PSC rule to prohibit harassment or other detrimental conduct by ESCOs and other entities in connection with, among other interactions, the establishment of gas and/or electric service, AARP New York asked the PSC to "look into" the marketing of renewable energy…

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August 11, 2023

Direct Energy Offering Energy Plans That Include Free Amazon Prime

Direct Energy said that it is offering two years of Amazon Prime included as part of its "On Us" electricity plans

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August 10, 2023

New York PSC Issues Extension Of Certain Broker Regulation Ordering Clauses, Deadlines

The Secretary of the New York PSC has issued a letter extending the deadlines set forth in Ordering Clauses 2, 3, 5, 6, and 8 of the PSC's June 23 broker and consultant regulation order

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August 9, 2023

Proposed New York Rule Would Prohibit "Harassment", Other "Detrimental" Conduct By Retail Suppliers In Connection With "Establishment Of Service"

"Causing A Telephone To Ring ... Repeatedly Or Continuously" Among Proposed Behaviors Defined As Harassment

The New York PSC has proposed rules to implement Public Service Law (PSL) §53-a, prohibition of utilities engaging in detrimental conduct towards a residential customer, with the PSC's proposed rules including language expanding the prohibited conduct to apply to, "the establishment of gas and/or…

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August 9, 2023

Industry "Still Left Guessing" After New York DPS Technical Conference On Broker Regulation Order, Retail Suppliers Say In Renewed Extension Request

The NRG Energy retail suppliers filed a letter with the New York PSC on August 9 in further support of NRG's previously reported request for an extension of the deadlines under Ordering Clauses 5, 6, and 8 of the PSC's June broker regulation order, as the NRG suppliers said that, "industry…

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August 9, 2023

Vistra Reports "Strong" Retail Counts & Margins

Vistra Corp. reported for its Retail segment Adjusted EBITDA of $498 million for the quarter ending June 30, 2023 (second quarter), up from $403 million a year ago, on, "strong counts and margins performance," partially offset by below normal weather experienced in all markets

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August 8, 2023

Few Answers At New York Broker Technical Conference

Brokers Bemoan "Double Standard", Demand Why ESCOs Must Not Show "Outrageous" Own Margin To Customers

The technical conference held today by the New York Department of Public Service regarding implementation of the PSC's recent order on the regulation of energy brokers and consultants produced few answers or clarifications for stakeholders

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August 3, 2023

Retail Suppliers Concerned New York PSC's Broker Rules Could Expose Them To Liability For Violations Of New York Labor Law Concerning Timely Commission Payments

The New York Retail Choice Coalition (NYRCC) sought an extension of various deadlines under the New York PSC's recent broker/consultant regulation order, raising, among other issues, concern about the interplay between the PSC's broker order and other New York laws

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July 31, 2023

Retail Supplier Affiliate Achieves Notice to Proceed on Community Solar Generation Project in New York

Genie Energy Ltd. announced today that its Genie Solar subsidiary has achieved the notice to proceed (NTP) for a 6.25-megawatt (DC) company-owned community solar farm in Upstate New York.

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July 28, 2023

Retail Suppliers: "Impossible" To Comply With New York Broker Order By Deadlines

The NRG Energy retail suppliers have filed a new request with the New York PSC in which the NRG retail companies now seek an "extension" of certain deadlines under the New York PSC's recent broker-consultant regulation order

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July 27, 2023

New York DPS to Install Independent Monitor to Examine Billing System at Utility

The New York State Department of Public Service (DPS) today announced that Central Hudson Gas & Electric Corporation (Central Hudson) has agreed to pay for an independent monitor to verify system and operational improvements to correct billing system errors, and to accelerate its plans to perform…

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