April 29, 2014
Texas REP Offering $400 for Enrollments
Direct Energy has launched in Texas a product offering customers $400 in Visa gift cards or other retail gift card options.
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April 28, 2014
Central Hudson: IPPNY "Unwilling[] to Allow New Entrants" Into Capacity Market
Opposition from the Independent Power Producers of New York to the re-opening of the Danskammer Generating Facility, "demonstrate its [IPPNY's] unwillingness to allow new entrants or reentry into the competitive wholesale energy and capacity markets," Central Hudson Gas & Electric said in comments…
April 28, 2014
New York Approves Recovery of NiMo Mitigated Default Service Costs
The New York PSC has approved a mechanism for Niagara Mohawk to recover mitigated default electric service costs from February.
April 28, 2014
New York to Study Utility Provision of Default Service, Ownership of Generation as Part of Reforming Energy Vision
The New York PSC will address several questions raised in a Staff report, including whether utilities should continue to supply default commodity service to customers, as part of its Reforming the Energy Vision proceeding.
April 28, 2014
New York Stays Effective Date of Certain Retail Market Changes, Including Recourse Provision for POR
Due to extended consideration of rehearing requests, the New York PSC has stayed several of the significant retail market changes contained in a February order.
April 25, 2014
New York to Review "Utility" Practices to Best Promote Demand Elasticity, Customer Empowerment (ESCOs Bypassed?)
New York yesterday unveiled an initiative to, "create the power grid of the future and forever change the way consumers buy and use energy."
April 24, 2014
Direct Energy Offering Energy Supply & HVAC Bundle in New State
Direct Energy is now offering electricity and/or natural gas supply bundled with an HVAC service and repair plan in New York.
April 23, 2014
Retail Supplier Launches 100% Carbon Offset Natural Gas Plans
Oasis Energy has begun offering natural gas plans bundled with 100% carbon offsets in New York, New Jersey, Maryland, and Pennsylvania.
April 22, 2014
Retail Supplier Announces Partnership With Astrum Solar
Astrum Solar and Ethical Electric announced a partnership that will cross-promote each company's offerings to their customer base.
April 18, 2014
ESCOs Allege That ConEd Passing On Costs of Forecasting Errors to ESCOs (Millions in Imbalances Sought from Suppliers)
Several ESCOs have alleged that Consolidated Edison is seeking to pass-on the costs of inaccurate natural gas forecasts to ESCOs through imbalance payments, as ESCOs asked the New York PSC to immediately order a dispute resolution process to avoid ConEd from suspending any ESCOs from operating on…
April 11, 2014
SaveOnEnergy.com Announces Aggressive Expansion into Northeast
Online retail energy comparison website SaveOnEnergy.com has announced an aggressive expansion of its presence in the Northeast energy markets.
April 11, 2014
Direct Energy Offering Six Months Free HVAC Service Plan With New Supply Enrollments
Direct Energy is offering Pennsylvania residential customers who newly enroll onto a Direct Energy electricity supply plan the opportunity to receive a six-month free trial of Direct Energy's "Heating and Cooling Repair Essential Plan."
April 11, 2014
National Retail Supplier Declares Bankruptcy
Glacial Energy Holdings, and various retail supplier and other subsidiaries, have filed a Chapter 11 petition for bankruptcy.
April 9, 2014
Retail Supplier to Pay $150,000 Under Settlement with PUC Staff
Energy Services Providers, Inc. d/b/a Pennsylvania Gas & Electric and U. S. Gas & Electric, Inc. d/b/a Pennsylvania Gas & Electric would pay $150,200 to resolve a Pennsylvania PUC Staff investigation into the alleged slamming of 10 customers with over 300 accounts, due to what USG&E said was an…
April 8, 2014
Choose Energy Offering Platform to Referral Channel Partners Under 'Energy Mayor' Program
Choose Energy is making its online shopping comparison platform available to various referral channel partners -- energy consultants, school and charity groups, real estate professionals, and other community organizations -- who would otherwise drive their constituents to a single retail supplier.
April 8, 2014
Crius Energy Acquires Retail Book
Crius Energy LLC has executed, through its affiliates, a binding agreement to acquire the U.S. retail energy customer portfolio of Superior Plus Energy Services, a division of Superior Plus Corp.
April 7, 2014
N.Y. State Senator Seeks Public Hearing on Utilities' Default Service Hedging Practices
New York State Senator Joseph Griffo has called on the PSC to hold public hearings on the utilities' hedging practices for default supply.
April 7, 2014
Lumens Energy to Acquire Retail Supplier
Lumens Energy Supply CT LLC is to acquire Aequitas Energy, Inc. under a proposed transaction
April 4, 2014
Wholesale Market Inefficiencies To Be Focus of National Energy Marketers Association Restructuring Conference
The National Energy Marketers Association annual restructuring conference , to be held April 30-May 1, will include a focus on recent wholesale market issues and inefficiencies.
April 3, 2014
New York Capacity Price Doubles for G-J Locality
As expected, ESCOs serving Lower Hudson Valley customers in New York will see a substantial increase in capacity prices, based on pricing from the summer 2014 ICAP strip auction.
April 3, 2014
Briefly:
NRG Clarifies Disposition of Dominion Retail Electric Customers
April 3, 2014
New York PSC Finds 'Plenary' Request for Extension of Deadlines for Retail Market Changes Unjustified At This Time
The New York PSC said that utilities had not justified their requested extension of certain deadlines for EDI, system, and other changes required by the PSC's recent retail market order.
April 3, 2014
U.S. Sen. Schumer Asks FTC to Investigate Polar Vortex Pricing
U.S. Senator Charles Schumer today urged the Federal Trade Commission (FTC) to immediately investigate the "mind-boggling" increase in electric prices seen by Upstate New York customers during the winter.
April 2, 2014
New York PSC To Hold Technical Conference on Winter Energy Prices
The New York PSC announced that it will hold a technical conference on May 15, 2014 to examine the issue of energy prices this winter.
April 2, 2014
NRG Announces Purchase Price for Dominion Retail Electric Book in Announcing Closing
NRG Energy has completed its previously announced acquisition of the competitive retail electricity business of Dominion Resources, Inc. for $165 million, excluding transaction adjustments for cash and working capital, NRG said yesterday