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August 5, 2020
The Retail Energy Supply Association filed a protest nunc pro tunc at the Pennsylvania PUC opposing the application of Suvon, LLC d/b/a FirstEnergy Advisors for an electric broker/marketer license, as RESA alleged, "FirstEnergy Advisors lacks the technical fitness to maintain the Pennsylvania Public…
August 5, 2020
Vistra, the parent of TXU and other retail brands, reported earnings for the quarter ending June 30, 2020.
August 4, 2020
AEP Energy Partners announced that it is seeking proposals for off-take from new solar and new or repowered wind facilities located in PJM.
August 4, 2020
In reporting earnings for the quarter ending June 30, 2020, UGI Corporation said that its Midstream & Marketing segment, which includes retail supplier UGI Energy Services, saw lower retail commodity margin, largely related to lower volumes attributable to COVID-19
August 4, 2020
In reporting second quarter results, Exelon reported that the estimated impact of COVID-19 to Exelon utilities’ and Generation’s GAAP Net income as a result of COVID-19 is approximately $100 million and $50 million, respectively, for the second quarter of 2020 and primarily reflects the impact of a…
August 3, 2020
McLean Packaging, a turnkey provider of rigid set boxes, folding cartons, corrugated displays, and thermoformed packaging solutions with emphasis on the beauty and personal care sectors, has contracted with energy advisory firm 5 and ENGIE Resources LLC on a five-year electricity supply agreement
August 3, 2020
Marathon Energy (Marathon) announced that it has closed on its previously reported Asset Purchase Agreement with National Fuel Resources, Inc. ('NFR'), whereby Marathon acquired NFR’s commercial and industrial gas contracts in New York and Pennsylvania, along with select other assets.
August 3, 2020
Agreement Includes List Of Prohibited Terms During Marketing Requires Reporting To AG
SmartEnergy Holdings, LLC is to provide $200,000 in customer refunds under an Assurance of Voluntary Compliance ('AVC' or 'Agreement') with the Attorney General of the State of Illinois to resolve the Attorney General’s inquiry into certain SmartEnergy marketing practices in Illinois.
July 31, 2020
The Illinois Commerce Commission's Office of Retail Market Development has published its annual retail market report, which includes a comparison of costs paid by customers served by an alternative retail electric suppliers (ARES), including through municipal aggregation, versus the costs that would…
July 31, 2020
Public Service Enterprise Group announced today that it is exploring strategic alternatives for PSEG Power’s non-nuclear generating fleet, which includes more than 6,750 megawatts of fossil generation located in New Jersey, Connecticut, New York and Maryland, as well as the 467-megawatt Solar Source…
July 29, 2020
The Retail Energy Supply Association filled comments at the Maryland PSC in opposition to a proposal from the Southern Maryland Electric Cooperative, Inc. to offer RECs to default service customers under a new rider (Standard Offer Service – Green, SOS-G), as RESA said that, "SMECO is asking the…
July 29, 2020
Funding To Be Used To Purchase Retail Electric & Gas Suppliers Target Market Announced
Start-up Catalyst Power Holdings LLC (Catalyst), an integrated retail energy and distributed energy solutions provider, announced today an initial equity backing of up to $60 million from the energy-focused private equity fund BP Energy Partners (BPEP) of Dallas, Texas, and Catalyst management.
July 28, 2020
President Donald J. Trump announced his intent to nominate the following individuals to FERC:
July 28, 2020
New York-based retail supplier EnergyMark said in a news release that, "EnergyMark has announced their approval for service in the PJM Electric Grid, which serves 65 million energy users and is the nation's largest regional power transmission system."
July 27, 2020
Interstate Gas Supply, Inc. d/b/a IGS Energy petitioned the Pennsylvania PUC for reconsideration and/or rehearing of the PUC's July 16, 2020 Order that had denied IGS's motion for a partial rescission of the PUC's prohibition on in-person marketing, in order to allow IGS to conduct certain specific…
July 27, 2020
Verde Energy USA Ohio, LLC reported to the Public Utilities Commission of Ohio that it, "received a notice from the Ohio Attorney General’s Office that it has decided to close its consumer protection investigation into Verde Energy."
July 27, 2020
Verde Energy USA, Inc. would pay $1 million and extend a moratorium on in-person marketing and telemarketing in Pennsylvania for six months under a settlement with the Pennsylvania PUC's Bureau of Investigation and Enforcement ('I&E') to resolve alleged instances of slamming and alleged misleading…
July 24, 2020
Update: NRG Details Strategy Under Acquisition; Product, Geography Expansion; Pro Forma Customers, Volumes
July 23, 2020
The Maryland Office of People's Counsel reported that low-income residential customers who are served by a competitive retail electric supplier at the Southern Maryland Electric Cooperative (SMECO) paid, on average, about $20,000 more in aggregate than what they would have paid under SOS, in each of…
July 21, 2020
West Penn Power PTCs Decreasing 4-6%
The FirstEnergy Pennsylvania utilities have filed new tariffed residential and commercial PTC Default rates with the PUC for the three-month period starting September 1, 2020
July 21, 2020
Residential Generation Rate Falling
PECO has filed with the Pennsylvania PUC new electric Generation Supply Adjustment (GSA) charges for the period beginning September 1, 2020
July 20, 2020
A group including the Northeast Ohio Public Energy Council, Ohio Consumers’ Counsel, and other groups advocating for low-income customers, petitioned the Public Utilities Commission of Ohio for rehearing of its recent order allowing the resumption of door-to-door marketing by retail energy suppliers
July 16, 2020
The Pennsylvania PUC denied separate petitions from StateWise Energy Pennsylvania LLC & SFE Energy Pennsylvania, Inc., and also Interstate Gas Supply, Inc., that had sought varying authorization to resume door-to-door marketing, public event marketing, and/or by-appointment in-person marketing under…
July 15, 2020
The Public Utilities Commission of Ohio approved a stipulation between Tomorrow Energy Corporation and PUCO Staff under which Tomorrow Energy agrees to a forfeiture of $126,000 to resolve certain alleged violations related to the enrollment process
July 15, 2020
The Public Utilities Commission of Ohio directed SFE Energy Ohio, Inc. and Statewise Energy Ohio, LLC, to cease (1) all residential marketing and new enrollments of residential gas and electric customers, and (2) all door-to-door marketing to small commercial and mercantile gas and electric…
