May 4, 2018
The California PUC released a draft study of issues facing the retail sale of electricity in the state (known as the Green Book), observing that current policy is being driven by disparate actions undertaken to achieve various goals in the wake of the 2000-01 energy crisis, and cautioning that the…
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May 3, 2018
In reporting earnings this morning, Genie Energy said that Genie Retail Energy's customer base declined versus December 31, 2017 due, in part, to the required return of low-income customers in New York to default service, as well as a strategic decision to pull back customer acquisition efforts in…
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May 1, 2018
Public Service Enterprise Group discussed its competitive retail energy business during its quarterly earnings conference call, with Ralph Izzo, chairman, president and chief executive officer of Public Service Enterprise Group, stating that the company is focused on organic retail growth after…
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May 1, 2018
The New York PSC, via a One Commissioner Order from Chair John B. Rhodes, has denied, with respect to solely the post-hearing briefing schedule, an interlocutory appeal, filed by the National Energy Marketers Association, of the presiding ALJs' ruling which had denied a motion from NEM to stay the…
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May 1, 2018
Says Review Would Dovetail With Regulator's Goal Of Reducing EDC Uncollectibles, Says Utility Uncollectibles Higher Due To Purchase Of Receivables (POR)
In response to a March 2017 Connecticut PURA procedural ruling, the Connecticut Office of Consumer Counsel has narrowed its petition to end retail electric choice for certain customers
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May 1, 2018
ENGIE North America Inc. today announced that it has acquired Unity International Group, an electrical construction and maintenance provider which delivers electrical construction, data and telecom, IT, and critical safety and security systems
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April 30, 2018
Connecticut Schedules Technical Meeting On Next Month Rate Info Retail Supplier Must Provide For Bills
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April 30, 2018
Astral Energy, LLC petitioned the New York PSC for a reduction of ZEC (Zero Emissions Credits) Compliance Payments for the year ending March 31, 2019
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April 26, 2018
FERC has approved a Stipulation and Consent Agreement (Agreement) between its Office of Enforcement (Enforcement) and PSEG Energy Resources & Trade, LLC (PSEG ERT) to resolve an investigation into whether PSEG ERT violated sections 1.2 and 6.4.2(a)(ii) of Schedule 1 of the PJM Operating Agreement…
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April 25, 2018
The presiding ALJs in the New York PSC's evidentiary proceeding reviewing the retail energy mass market in an April 24 ruling have denied a sought stay of the proceeding requested by the National Energy Marketers Association
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April 23, 2018
A written order issued by the New York PSC contains details concerning the PSC's approval of a Utility Energy Registry (UER) which will provide aggregated utility customer and load data to various stakeholders, including municipal aggregations
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April 18, 2018
NEM Seeks Stay of PSC Evidentiary Proceeding Given Court's Election To Hear Appeal
On March 27, 2018, the New York Court of Appeals granted the National Energy Marketers Association’s Motion for Leave to Appeal. NEM said that, under the appeal, the Court of Appeals will address, "the question of whether the Legislature ever imparted to the Commission the authority to regulate the…
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April 17, 2018
OhmConnect, which currently pays California residential customers for electricity usage reductions in response to alerts, announced that it has raised $8.5M in a Series B funding round, led by Mike Maples of Floodgate, along with Jennifer Fonstad of Aspect Ventures, Josh Cohen of City Light Capital…
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April 17, 2018
Flanders Energy, LLC (Flanders) filed with the New York PSC a petition for rehearing, reconsideration and clarification in accordance with Public Service Law Section 23 and 16A NYCRR Section 3.7, of the PSC's Order Suspending Ability to Market to and Enroll Residential and Non-Residential Customers…
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April 12, 2018
New York State Attorney General Eric T. Schneiderman announced a $550,000 settlement with Liberty Power Holdings, LLC ("Liberty"), which the AG said originated from, "part of an ongoing investigation into energy service companies (ESCOs)."
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April 7, 2018
Drift Marketplace, Inc. has applied for PJM membership
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April 3, 2018
Consolidated Edison Company of New York, Inc. and Orange and Rockland Utilities, Inc. (the Companies), in a letter to the New York PSC, confirmed that they have completed testing and implementing EDI changes necessary to accommodate bill credits to Assistance Program Participants (APP).
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April 3, 2018
A passed and adopted version of New York state's budget does not terminate the existing exemption from state sales tax granted to customers of ESCOs for transmission and distribution of electricity and gas sold to such customers.
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April 2, 2018
DPS Staff: $1.3 Billion In ESCO Overcharges Can't Be Explained By Value-Add Premiums, Polar Vortex DPS Staff: Overcharges Result From "Greed", Lack of Transparency
DPS Staff Says Calls For Greater ESCO Collateral Requirements Appears To Be Part Of "Hidden Agenda" From Larger ESCOs To Weed Out Smaller ESCOs
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March 29, 2018
The New York PSC has extended until July 26, 2018 the deadline for ESCOs to comply with the Commission’s January 19, 2018 Order Adopting Revised Uniform Business Practices
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March 23, 2018
GenOn Energy, Inc. ('GenOn') announced today that on March 22, 2018, certain of its wholly owned subsidiaries entered into a Purchase and Sale Agreement ('Purchase Agreement') with Stonepeak Kestrel Holdings LLC ('Buyer'), a subsidiary of Stonepeak Infrastructure Partners ('Stonepeak'), pursuant to…
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March 22, 2018
The New York PSC has approved revisions to the gas tariff schedule, P.S.C. No. 9 - Gas, of Consolidated Edison Company of New York, Inc. (the Company) in which ConEd is modifying its Daily Delivery Service (DDS) Program to implement a mandatory 12-month pilot program for the release of certain…
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March 20, 2018
The New York PSC has denied a petition from the Small Customer Marketer Coalition that had sought changes in the gas cost reconciliation mechanism, to ensure monthly default service rates are more market-reflective, as the PSC determined that, "the current gas recovery mechanism remains the most…
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March 19, 2018
The suspension of Flanders Energy LLC to market to and enroll new residential and non-residential customers in New York shall be in place for at least one year, and continue until the PSC orders otherwise, the New York PSC directed in a written order imposing the suspension which was first announced…
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March 16, 2018
The New York PSC has adopted a joint proposal in Niagara Mohawk's electric and natural gas rate cases which addresses a variety of ESCO and supply-related matters.
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