April 10, 2020
Retail Energy Veteran Leading Two New Start-up New York ESCOs
Start-up Mayflower Power & Gas LLC filed a retail access application form for eligibility as an ESCO in New York.
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April 9, 2020
New York PSC Grants Extension Of Deadline For Staff To File Report On Development Of ESCO Financial Assurance Requirements
The Secretary Of the New York PSC has granted an extension request from Department of Public Service Staff concerning a deadline for Staff to file a report regarding the development of financial assurance requirements for energy service companies (ESCOs) as a condition of eligibility to serve…
April 8, 2020
New York DPS Staff Request Extension Of Deadline To File Report On Development Of ESCO Financial Assurance Requirements
Staff of the New York Department of Public Service has requested an extension, until May 29, 2020, to file a report regarding the development of financial assurance requirements for energy service companies (ESCOs) as a condition of eligibility to serve customers
April 8, 2020
Oaktree Funds To Discuss With Parent Of Retail Supplier Plans For Enhancing Shareholder Value; Disclose Holdings In Schedule 13D
Various Oaktree funds and related entities ("Reporting Persons") have filed a Schedule 13D with the SEC disclosing their position in Sprague Resources LP, as the Oaktree funds said that they would discuss with Sprague Resources LP (the "Partnership") the Partnership's plans to enhance shareholder…
April 7, 2020
ESCO Affiliate & Sustainable Westchester Offering GridRewards, Gamified Demand Response Pilot
Sustainable Westchester has partnered with Logical Buildings to launch a GridRewards pilot campaign allowing eligible customers to receive cash rewards from participating in Con Edison’s demand response programs, while also digitally assisting participants to reduce their monthly energy bill
April 7, 2020
New York Utilities Withdraw Proposed Green Gas Supply Program For Utility-Supply Customers From Current Rate Case, Note Future Rate Case Likely To Be Filed Soon
The Brooklyn Union Gas Company d/b/a National Grid NY ('KEDNY') and KeySpan Gas East Corporation d/b/a National Grid ('KEDLI') have withdrawn from their current rate case before the New York PSC (Case 19-G-0309) a proposed green gas supply tariff for utility supply customers.
April 7, 2020
New York PSC Grants ESCOs Further Extension For Compliance With Certain Clauses Of Retail Market Reset Order, Including Product & Pricing Limitations
The Secretary of the New York PSC has granted ESCOs a further extension to comply with various ordering clauses under the New York PSC's retail energy market reset order
March 31, 2020
Update: New York PSC Adopts Emergency Order Concerning ESCO Imbalances, Cash-Outs At Utility In Light Of Reduced Demand From COVID-19 Pandemic
The New York PSC, in a One Commissioner Order, adopted on an emergency basis the tariff changes proposed by Central Hudson Gas & Electric as described in our original story below, effective April 1, 2020
March 31, 2020
Update: New York PSC Adopts Emergency Order Concerning ESCO Imbalances, Cash-Outs At Utility In Light Of Reduced Demand From COVID-19 Pandemic
The New York PSC, in a One Commissioner Order, adopted on an emergency basis the tariff changes proposed by Central Hudson Gas & Electric as described in our original story below, effective April 1, 2020
March 30, 2020
Another New York ESCO Seeks PSC Approval To Offer Green Gas Product
Alpha Gas & Electric, LLC petitioned the New York PSC for a partial waiver of the PSC's retail market reset order to allow Alpha to provide a 'green gas' product offering, "as a value-added premium product to its customers seeking to decarbonize their energy profile (the 'Green Gas Program')."
March 25, 2020
License Briefs
New ESCO Receives Initial Determination Of ESCO Eligibility In New York
March 24, 2020
New York Agency Reminds That Unsolicited Telemarketing Calls Illegal During State Of Emergency
The New York State Division of Consumer Protection reminded businesses that, pursuant to a recently adopted state law, unsolicited telemarketing sales calls to anyone in an area subject to a declared state of emergency are prohibited
March 20, 2020
New York PSC Issues Show Cause Order To ESCO Concerning Use Of Change-in-Law Clause To Adjust Fixed Rate Contracts Due To Utility Tariff Change Resulting From Annual Capacity Process
The New York PSC issued a show cause order to Marathon Power LLC d/b/a Marathon Energy directing the ESCO to show cause why Marathon's alleged modification to fixed price contracts, in response to a utility tariff change concerning the peak hours used to calculate a customer's ICAP tag, did not…
March 18, 2020
NRG Retail Suppliers Seek Further Extension Of Deadline For ESCOs To Offer Compliant Products Under New York PSC Retail Market Reset Order
The NRG retail energy suppliers have requested that the New York PSC grant an additional ninety (90) day extension from the current May 11, 2020 compliance deadlines (Ordering Clauses 1 and 2) set forth in the New York Public Service Commission’s retail energy reset order
March 13, 2020
Updated: Update #3: Pennsylvania Prohibits Disconnections; ComEd Suspends Shutoffs
PUCs Undertake Coronavirus Measures, Disconnection Moratoriums, New Utilities Added (Including States With Supplier Consolidated Billing)
March 13, 2020
Energy Harbor (Formerly FirstEnergy Solutions) Seeking Natural Gas Supplier Licenses In Multiple New States
Energy Harbor LLC (formerly FirstEnergy Solutions) applied for an Illinois alternative natural gas supplier license
March 12, 2020
New COO Named For Company's Energy Marketing Holding Segment
New Jersey Resources today announced its board of directors named Amy Cradic as Senior Vice President and Chief Operating Officer (COO) of Non-Utility Businesses, Strategy and External Affairs and Dave Johnson as Vice President of Corporate Business Development.
March 11, 2020
New York ESCO Seeks Further Extension Of Deadlines For ESCOs To Offer Products Compliant With PSC's Reset Order, Other Provisions
Family Energy, Inc. petitioned the New York PSC for an extension of the compliance deadline of various ordering clauses under the New York PSC's retail energy market reset order, stating that various issues remain unresolved.
March 9, 2020
City Of Dayton Selects Retail Supplier For Renewable Transition
The City of Dayton, Ohio said that, at the end of this year, IGS Energy, the City’s longtime electric supplier, will transition several of the city's municipal facilities to a 100% renewable energy product through the procurement of green power from hydro-power resources.
March 6, 2020
Energy Harbor (Formerly FirstEnergy Solutions) To Enter Texas Retail Electric Market, Additional States
Energy Harbor Seeks Ohio Natural Gas Supplier License
Energy Harbor LLC applied for an Ohio natural gas supplier license to serve all customer classes in all service areas
March 5, 2020
New York Residential Electric Customers On Competitive Supply Largely Flat Statewide During 2019 (Declines Offset By Municipal Aggregation)
Residential Natural Gas Migration Declines
The New York PSC posted year-end electricity and natural gas migration reports for the year 2019
March 4, 2020
City of Saratoga Springs, New York, Joins Opt-out Municipal Aggregation
The City of Saratoga Springs and the Town of Niskayuna have joined the opt-out municipal aggregation run by the Municipal Electric and Gas Alliance (MEGA)
March 4, 2020
New Retail Energy Supplier Announces $1.5 Million In New Funding
"A New Kind of Energy Company," With Prosumer-Focused, Energy-As-A-Service Retail Supplier Model
David Energy, which describes itself as, "a new kind of energy provider," today announced the close of its $1.5 million Pre-Seed round co-led by Box Group and Greycroft.
March 3, 2020
New York PSC Secretary Issues Notice Concerning Petitions For Rehearing Of Retail Energy Reset Order
The Secretary of the New York PSC issued a notice concerning petitions for rehearing of the PSC's previously reported December 2019 retail energy market reset order, and set a date for responses to the petitions
March 3, 2020
New NEM President Bill Kinneary Sets Forth Goals, Says Industry Must Develop More Effective Relationship With Regulators
Continued Recovery Of Commodity Costs In Delivery Rates A Key Focus
Bill Kinneary, who was recently named President of the National Energy Marketers Association, has outlined his focus as he begins to lead the organization.