November 8, 2022
Constellation Reports "Strong" Results In Commercial Business, Drivers More Than Offset Higher Residential Bad Debt
Constellation Energy Corporation today reported financial results for the third quarter of 2022
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November 7, 2022
NRG Reports "Strong Retail Performance", Enters Growth Phase In Plan To Become Leading Provider Of Essential Home Services
NRG reported earnings for the quarter ending September 30, 2022 (third quarter)
November 4, 2022
Vistra Reports Nearly 200,000 Decline In Residential Customers In "Value-Accretive Exits" In Certain Markets
Reports Marginally Negative Adjusted EBITDA For Retail Segment
In reporting third quarter 2022 earnings, Vistra reported a nearly 200,000 decline in its residential customer count, due to "value-accretive exits from NY and CT."
November 2, 2022
New York ESCO Withdraws From Market
ESCO New York Industrial Energy Buyers stated in a New York PSC filing that, "New York Industrial Energy Buyers, LLC hereby withdraws from NYS electric market as energy service company in New York State. As of October 31st, New York Industrial Energy Buyers withdrawn from the New York Independent…
October 28, 2022
Oversight Of ESCOs' Compliance With UBPs Necessarily Means New York PSC Authorized To Interpret ESCO Contractual Provisions, Appellate Court Affirms
The State of New York Supreme Court, Appellate Division, Third Judicial Department, has affirmed a decision from the Supreme Court, Albany County, which had found that the New York PSC's authorized oversight of ESCOs necessarily means that the PSC is authorized to interpret ESCO contractual…
October 21, 2022
New York PSC Grants Additional ESCOs Extension Of Deadline To Comply With End Of Green Gas Waiver
The Secretary of the New York PSC has granted, to several additional ESCOs, an extension of the deadline to comply with the PSC's prior order which had terminated the limited waiver allowing ESCOs to serve existing mass market customers under green gas products without being subject to the otherwise…
October 14, 2022
New York Issues Show Cause Order To ESCO Concerning Continued Eligibility
Revokes Eligibility Of Separate ESCO, As ESCO Drops Customers To Utility Supply
The New York PSC issued an order to show cause to Premier Empire Energy, LLC (Premier), directing that Premier show why its ESCO eligibility should not be revoked, as the PSC alleged that Premier failed to comply with the Commission’s orders implementing the Clean Energy Standard.
October 12, 2022
Mitsui Affiliate Acquires U.S. Community Solar Company (Service Includes Customer Acquisition)
MyPower Corp. ("MyPower"), an affiliate of Japanese conglomerate Mitsui & Co., Ltd. ("Mitsui"), announced the full acquisition of Solstice Power Technologies, Inc. ("Solstice").
October 11, 2022
General Motors Launches New Business Unit, GM Energy, That Will Include Residential Customer Sales Of Energy To Grid, In Addition To Broader Home Energy Services, Ecosystem
General Motors today announced the introduction of Ultium Home and Ultium Commercial, which in combination with the existing Ultium Charge 360, "create a holistic ecosystem of energy management products and services that will be housed under a new business unit called GM Energy."
October 7, 2022
New York PSC Grants ESCO Extension Of Deadline To Company With End Of Green Gas Waiver
The Secretary of the New York PSC has, in a letter addressed to Family Energy, Inc., granted an extension of the deadline to comply with the PSC's prior order which had terminated the limited waiver allowing ESCOs to serve existing mass market customers under green gas products without being subject…
October 6, 2022
Large Generator Forms New Retail Supplier Focused On Service Opt-Out Aggregations
Calpine recently created a new retail supplier named Calpine Community Energy, LLC (self-abbreviated as CCE) to serve both mass market and large C&I customers.
October 6, 2022
Start-up BLM Energy Seeks Retail Supplier License
BLM Energy LLC, a start-up, has filed an initial registration as a New York ESCO, to serve both mass market and large C&I customers.
October 5, 2022
Utility Significantly Lowers Cybersecurity Amount Required From Retail Suppliers (Was $5 Million); Files Other Data Security Revisions For Suppliers
In Pennsylvania, National Fuel Gas Distribution Corporation ('Distribution' or the 'Company') has proposed changes to the applicable tariff pages (Rule 33) related to cybersecurity and the standard Data Security Agreement (DSA) and Self Attestation (SA) required from retail suppliers
October 1, 2022
Parent of New York Utility To Sell Renewable Energy Subsidiaries
Will Continue To Press Regulator For Approval Of Utility-Owned Generation
Consolidated Edison, Inc. ("Con Edison") announced that it entered into a purchase and sale agreement pursuant to which Con Edison agreed to sell its interest in its wholly-owned subsidiary, Con Edison Clean Energy Businesses, Inc. and its subsidiaries (the "Clean Energy Businesses") to RWE…
September 23, 2022
Armed With Data, New York ESCOs Envision Deploying On-site & Offsite Renewable Projects In Conjunction With Retail Power Offers, Note That PSC Guidance, Rules May Be Needed
Constellation NewEnergy, Inc. and Vistra Corp. said in joint comments to the New York PSC that they envision deploying on-site and off-site renewable energy resources in conjunction with their retail power supply offerings, aided by the availability of an integrated energy data resource, but said…
September 20, 2022
Retail Supplier Affiliate Obtains Site Rights To Solar Development Projects Totaling 64 Megawatts
Genie Renewables ("GREW"), a division of Genie Energy Ltd. ("Genie"), announced that it now owns site rights to solar generation projects with an aggregate of 64 MW in New York and Pennsylvania.
September 16, 2022
Retail Supplier To Acquire Another New York ESCO
ABN Energy LLC ('ABN', or 'Applicant') has entered into a transaction under which 33 Sigma Holding Inc. ('Sigma') would directly acquire and own 100 percent of the equity interests in ABN.
September 15, 2022
New York Utility Informs Customers That Default Service Rate Increasing From 8¢ to 13¢
Central Hudson Gas & Electric is advising customers, "to prepare for elevated energy supply prices as a number of external factors, including extended periods of heat in August, have driven electric and natural gas prices higher."
September 15, 2022
New York PSC Directs Utilities To Develop Plans To Improve Community Solar Billing, Address Errors
The New York State Public Service Commission said today that it directed utilities to file implementation plans regarding the automation of Community Distributed Generation (CDG) billing and initiated a process for the development of CDG billing performance metrics.
September 13, 2022
Newly Created LLC Applies To Be New York ESCO
Platinum Energy1, LLC, an LLC created in March 2022, submitted to the New York PSC a retail access application form to serve as an ESCO
September 6, 2022
Retail Supplier Parent Acquires Assets Of Energy Advisor
Catalyst Power Holdings LLC, which operates a retail supplier and offers an integrated energy supply and DER offering, has acquired the assets of Northeast Expense Reduction Services, a New York-based energy advisor.
August 30, 2022
Just Energy Posts Fourth Consecutive Quarter Of Net Mass Market Growth; Base EBITDA & Base Gross Margin Increase
Just Energy reported fiscal results for the quarter ending June 30, 2022 (first fiscal quarter of FY 2023)
August 29, 2022
Retail Supplier To Acquire New York ESCO
Pay Less Energy, LLC ('Pay Less') and City Power & Gas, LLC ('CPG') have entered into a transaction under which 33 Sigma Holding Inc. ('Buyer' or '33 Sigma') will acquire and directly own 100 percent of the equity interests in Pay Less
August 25, 2022
New York ESCO Renews Request For Extension Of Green Gas Compliance Deadlines
Family Energy has renewed a request for the New York PSC to extend the deadline for ESCOs offering legacy mass market green gas products to either (1) modify the products such that they comply with the pricing limits applicable to mass market products, or (2) return mass market green gas customers…
August 22, 2022
BP Energy Retail Receives Finding That Initial New York ESCO Eligibility Requirements Have Been Met
New York Department of Public Service Staff have informed BP Energy Retail LLC that all requirements for BP's initial state of its eligibility determination as an ESCO have been satisfied