November 23, 2020
New York DPS Staff File Updated Guidance To ESCOs Regarding Review Of Continuing ESCO Eligibility
Staff of the New York Department of Public Service issued an updated guidance document for the periodic review of ESCO eligibility.
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November 17, 2020
New York Utility To "Limit" Amount Of Change In Bypassable Supply Rate From Revised ZEC Cost
Orange and Rockland Utilities, Inc. has filed at the New York PSC for a revision to the Clean Energy Standard Supply (CESS) Surcharge, part of the bypassable Market Supply Charge, with the calculation of the revision intended, in part, to, "limit the change in the rate on customers resulting from…
November 17, 2020
Start-up Receives Retail Electric Supplier License In New State
The Public Utilities Commission of Ohio granted Grand Energy, LLC an electric supplier license as a Retail Electric Generation Provider, Power Marketer, and Power Broker, to serve all customer classes in all service areas
November 16, 2020
New York PSC Grants ESCO Extension Of Time For Filing New Application To Serve Mass Market Customers
The Secretary of the New York PSC granted ABC Energy, LLC an extension, until January 15, 2021, to comply with Ordering Clause 6 of the Order on Rehearing, Reconsideration and Providing Clarification, issued September 18, 2020 (2020 Order), in the New York PSC's retail market reset proceeding
November 16, 2020
Retail Supplier Launches New HVAC Protection Plan
Spring Power & Gas announced that it is now offering heating, ventilation and air conditioning (HVAC) protection to eligible new customers as part of its partnership with Cinch Home Services
November 16, 2020
Texas Retail Provider Launches Affinity Program With Texas Tech Alumni Association
The Texas Tech Alumni Association (TTAA) announced that it has partnered with TriEagle Energy for a program under which alumni who sign up with TriEagle Energy will see a portion of what they pay TriEagle for electricity contributed to the TTAA.
November 13, 2020
Retail Supplier Hires Market Vet As Managing Director
Retail supplier Source Power Company, LLC ("Source Power") announced that Vincent J. Palmieri has joined Source Power as a Managing Director.
November 12, 2020
Rochester, NY Formally Rolling Out Opt-out Municipal Aggregation
The City of Rochester announced that it will launch an opt-out municipal aggregation for electricity
November 9, 2020
AEP Energy Reports Competitive Retail Customer Growth
AEP Plans To Invest $2.1 Billion In Competitive, Contracted Renewables
In a newly released investor presentation, AEP Energy listed its competitive retail customer count as 524,144. This total includes approximately 83,500 retail gas accounts
November 6, 2020
Genie Energy Reports Higher Adjusted EBITDA, Customer Count For U.S. Retail Business; Global Customer Base Increases To Record Level
Genie Energy Ltd. reported that its U.S. retail supplier business segment, Genie Retail Energy (GRE), reported higher Adjusted EBITDA of $12.6 million for the quarter ending September 30, 2020 (3Q20), up from $11.2 million a year ago
November 4, 2020
Updated: Purchase Price For Acquired Retail Book Disclosed
Note: An earlier version of this story, concerning the acquisition of the Infinite/Veteran books and select customer and earnings data, was first posted at 6:50 a.m. ET; the story has been updated throughout
November 3, 2020
5 Announces Addition Of Retail Energy Veteran To Its Team
National energy advisory firm 5 announced the addition of energy industry veteran Chris Dillemuth to its team, as part of the company's strategic growth initiatives in the metro New York area, including at 5's regional brand, Luthin Associates.
November 2, 2020
New York Utilities Seek Authority To Own Energy Storage As Part Of Competitive Procurement Process
Proposing various changes to the competitive procurement process established to meet New York's targets for energy storage, the joint New York utilities proposed, "an additional procurement option whereby the utility could solicit and purchase a storage project from a developer upon project…
October 29, 2020
Start-up Retail Supplier Formed
Start-up Barracuda Energy LLC applied for an Ohio natural gas supplier license to serve all customer classes at Columbia Gas of Ohio and Dominion Energy Ohio
October 28, 2020
Westchester Power Municipal Aggregation Selects Retail Supplier For ConEd Service Area For New Term
Opt-Out Notice Now Compares Rates To ESCO Rate
Effective January 1, 2021, Westchester Power has selected Constellation NewEnergy to serve the 23 communities in the Con Edison utility territory of its opt-out municipal aggregation
October 27, 2020
Non-ESCOs Raise Concern With Utility ConEd's Proposed Optional Renewable Electricity Supply Plan For Customers
In comments at the New York PSC, several non-ESCO parties have raised concerns with Consolidated Edison Company of New York, Inc.'s (the Company) proposal to provide residential and small commercial full-service customers with an optional renewable, carbon-free electricity option (the 'Green Power…
October 26, 2020
AEP Energy Partners Signs Letter Of Intent To Purchase Output From Columbus, OH Solar Park
Will Be Used To Serve Competitive Supply Customers, Potential Columbus Municipal Aggregation
AEP Energy Partners has signed a letter of intent with BQ Energy Development, LLC to purchase 100% offtake of the Columbus Solar Park being developed southwest of downtown Columbus, Ohio.
October 22, 2020
Delaware Valley Purchasing Group Names Preferred Energy Solutions Partner
GREENCROWN Energy & Water, an energy & water advisory firm specializing in energy supply & turnkey conservation measures, announced that it has been named the preferred energy solutions partner for Delaware Valley Purchasing Group (DVPG), which is described as, "a member-operated, non-profit food…
October 21, 2020
Final Order Prohibits Retail Suppliers From Using Term "Renewable Energy" In Marketing REC Products; Term Limited To Using Supply From Owned Generation Or PPA
Order Limits Voluntary Renewable Offerings From Retail Suppliers To RECs From Certain RTOs
The Connecticut PURA issued a final decision that, among other things, limits voluntary renewable electricity supply offers (VRO) from retail electric suppliers to using only RECs sourced from certain RTOs, and which prohibits the use of the term "renewable energy" to market a REC product
October 21, 2020
Parent Of Texas Retail Provider & Various Retail Choice Utilities To Merge With Parent Of Texas-New Mexico Power
Merger Would Result In Affiliation Between Texas REP, TDU
AVANGRID, the parent of two retail suppliers and various utilities, and PNM Resources announced today that their respective boards have approved the merger of PNM Resources into AVANGRID, through an all cash offer for PNM Resources shares priced at $50.30 per share (representing an equity value of…
October 20, 2020
New York PSC Issues Show Cause Order To Retail Supplier Over Alleged Slamming, "Questionable" Marketing Practices
Citing allegations of slamming and "questionable" marketing practices, the New York PSC ordered Josco Energy Corp to show cause why the Commission should not revoke its eligibility to operate as an Energy Services Company (ESCO) in the State of New York, or impose other consequences, as described in…
October 20, 2020
New York PSC Revokes ESCO's Eligibility, Orders That Customers Be Returned To Default Service
The New York PSC revoked the eligibility of Flanders Energy LLC to serve energy customers in New York State as an ESCO, as the PSC found that the company did not comply with a prior suspension order. The PSC ordered that Flanders return its customers to default utility supply service
October 19, 2020
ConEd Posts Updated 12-Month Trailing Average Supply Rates
Consolidated Edison Company of New York, Inc. has posted its 12-month trailing average utility supply rates for the latest period (i.e. 12 months ended September 30, 2020) for each mass-market service class and for each mass-market customer grouping that receives different supply rates based on the…
October 19, 2020
New York DPS Resumes Consideration Of Retail Energy Market Issues, Barriers At LIPA
The New York Department of Public Service has issued a new request for comments in its proceeding examining the potential benefits of retail competition for Long Island electric customers.
October 15, 2020
New York PSC Orders Creation of New York City-Specific (Zone J) RPS Tier, Obligation Assigned To ESCOs, LSEs
The New York PSC adopted various changes to its clean energy standard (CES), including creation of a new Tier 4, specific to New York City (Zone J), with which ESCOs and other LSEs must comply Under Tier 4, whose parameters are discussed further below, each LSE will be obligated to purchase…