August 23, 2016
Parent of City Power & Gas Files To Acquire Retail Supplier
CPG Power Holdings LLC formally applied at FERC to acquire 100% of the membership interests of retail supplier Union Atlantic Electricity
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August 22, 2016
NYSERDA's Template Opt-Out Letter For Municipal Aggregations Touts Inapplicable, Never-To-Be-Achieved Customer Savings (ESCOs Would Be Banned For The Same Marketing)
NYSERDA's toolkit for opt-out aggregations in New York includes an opt-out letter template that touts the purely theoretical customer savings verses a fictitious average of default service rates -- which obviously has no bearing on whether the customer will save money with the aggregation.
August 22, 2016
NY State Agency Pushing Communities To Launch Opt-Out Aggregations By Offering Up To $250,000 Grant For Implementation, Other Actions
Implementing an opt-out municipal aggregation is one of 10 "High Impact Actions" that New York communities may undertake to be eligible for grants up to $250,000 under NYSERDA's Clean Energy Communities program
August 22, 2016
National Grid Seeks Extension To Comply with New York Moratorium on ESCO Service to Low-Income Customers
Niagara Mohawk, KeySpan New York, and KeySpan long Island sought an extension of time to comply with certain of the requirements stated in the New York PSC's July 15 order prohibiting ESCO service to assistance program participant (APP) customers in the manner prescribed by the PSC, but proposed to…
August 19, 2016
Retail Suppliers Relocate HQ To Larger Office Space Due To Growth
Columbia Utilities and PALMco announced the relocation of their corporate headquarters to the Bath Beach area of Brooklyn, New York.
August 18, 2016
RESA: NY Utilities Proposed Low-Income Letter Takes "Liberties" In Opining on Retail Market Policy, Casting Negative Light
The Retail Energy Supply Association has objected to the draft text of a letter to be sent to New York Assistance Program Participant (APP) customers submitted by Central Hudson Gas & Electric for PSC Staff review, with the letter informing customers of the prohibition on ESCO service to such…
August 17, 2016
Ethical Electric Passes One Billion Kilowatt-Hours Served to Retail Electricity Customers
Ethical Electric announced it recently passed one billion total kilowatt-hours (kWh) served to retail electricity customers across America.
August 16, 2016
NY Utilities Seek Extension on Low-Income ESCO Prohibition Order
Several New York utilities have sought a minimal one-week extension for compliance with one of the ordering paragraphs of the New York PSC's July 15 order which prohibits ESCO service to Assistance Program Participant (APP) customers.
August 16, 2016
NEM: PSC Order Prohibiting ESCO Service To Low-Income Customers Will Violate APP Customers' Privacy
The National Energy Marketers Association sought rehearing of the New York PSC's July 15 order which prohibits ESCO service to Assistance Program Participant (APP) customers.
August 16, 2016
Start-up Retail Supplier Not Entering New York, Cites "Regulatory Uncertainty"
Start-up retail supplier Aspirity Energy said that it does not currently intend to enter the New York market, citing, "regulatory uncertainty."
August 15, 2016
NY PSC Chair Audrey Zibelman To Keynote New York Energy Marketing Conference
Energy Marketing Conferences announced that Audrey Zibelman, Chair of the New York State Public Service Commission, will give a second keynote speech at the 6th Energy Marketing Conference on September 20th in New York City .
August 15, 2016
NY PSC Secretary Grants Limited Extension for ESCO Compliance With Low-Income Service Moratorium, Misinterprets APP Order in Doing So
Stating that a requested 90-day extension for ESCO compliance is unnecessary, the Secretary of New York PSC has extended, by only 30 days, the deadline by which ESCOs must drop to default service customers initially identified by the utilities as no longer being eligible for ESCO service, due to…
August 12, 2016
Pennsylvania Adopts Settlement Requiring Utility To Study "Alternative Supply Options" (Bilateral Contracts, Hedges) For Default Service
The Pennsylvania PUC adopted without modification a settlement among certain parties approving the purchase of Pike County Light & Power (PCL&P) by Corning Natural Gas Holding Corporation that requires the utility to study the use of bilateral contracts and other alternative options for default…
August 11, 2016
NY PSC Staff To Hold Webcast on Clean Energy, Nuclear Standard Applicable to ESCOs
The Department of Public Service Staff, along with Staff of the New York State Energy Research and Development Authority (NYSERDA), will be holding an informational webcast on Tuesday, September 13, 2016 concerning the PSC's recently adopted clean energy standard (which includes a nuclear…
August 11, 2016
Crius Energy Reports Customer Growth, Lower Gross Margin on Increases C&I Sales
Crius Energy reported that it recorded net customer growth of 26,000 customers (all data is in RCEs) from March 31, 2016 to June 30, 2016
August 11, 2016
RESA Notes Logistical Problems In Implementing NY Low-Income Moratorium, Seeks Clarification, Rehearing From PSC
The Retail Energy Supply Association sought clarification and rehearing of the New York PSC's order imposing a moratorium on ESCO service to assistance program participant (APP) customers, noting several logistical problems.
August 10, 2016
Maryland OPC Asks PSC To Require Utilities To Report on Retail Supplier Pricing For Low-Income Customers; Cites NY Moratorium, Wants Consideration of "Similar Reforms" For Md.
Maryland Office of People's Counsel has asked the Maryland PSC to require the utilities to file information regarding retail supplier pricing applicable to customers participating in the Electric Universal Service Program (EUSP), citing New York's recent moratorium on low-income assistance program…
August 10, 2016
J.D. Power Residential Retail Supplier Rankings: REP Maintains #1 Ranking in Texas, But New 2nd and 3rd Place REPs
J.D. Power has published its 2016 Retail Electric Provider Residential Customer Satisfaction Study
August 9, 2016
Exelon Agrees To Acquire N.Y. Nuclear Power Plant
Exelon has agreed to assume ownership and management of operations of Entergy Corporation’s 838-megawatt James A. FitzPatrick Nuclear Power Plant in Scriba, NY, the companies announced today.
August 8, 2016
ConEd Proposes Fee For Provision of Data To Municipal Aggregations
Consolidated Edison and Orange & Rockland have proposed fees for the provision of data to New York municipal electric and natural gas aggregations.
August 8, 2016
ESCOs Seek More Time To Drop Low-Income Customers To Default Service As Mandated By PSC Order
A group of ESCOs have petitioned the New York PSC for an extension to comply with the PSC's recent ordering which prohibits ESCO service to customers participating in utility low-income assistance programs (Assistance Program Participant, or APP)
August 5, 2016
Improved Margins, Higher Volumes Lift Genie Retail Energy Earnings
Genie Retail Energy (GRE), the parent of IDT Energy and several other retail energy companies, reported higher earnings for the quarter ending June 30, 2016 on the strength of improved margins, higher commodity volumes sold, and reduced SG&A expense
August 5, 2016
Consolidated Edison, Inc. Reports Expected Proceeds From Sale of Retail Supply Biz To Constellation
Consolidated Edison, Inc. in a 10-Q reported the expected proceeds from the previously reported sale of its ConEdison Solutions retail energy supply business to Constellation.
August 4, 2016
Dynegy Sells 50% Stake in Illinois Power Plant, Announces Uprates, New Brand
Dynegy in announcing earnings disclosed that it has reached an agreement to sell its 50% stake in an Illinois power plant, and has also debuted a new brand
August 2, 2016
NY Slaps New Nuclear Procurement Compliance Cost on ESCOs (Starts At $17/MWh), Also Imposes New Renewable Compliance Obligation on ESCOs
The New York PSC adopted an order requiring ESCOs and other LSEs to pay a compliance cost associated with administratively determined subsidies provided to allegedly at-risk "merchant" nuclear plants, and also instituted a new renewable energy standard with the compliance obligation imposed on ESCOs…