April 16, 2020
New Wave Energy Corp. Launches Service In Multiple New Territories
Retail energy supplier New Wave Energy Corp. announced a further expansion in the Pennsylvania and Ohio territories
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April 16, 2020
Utility Files To Set 0% Purchase Of Receivables (POR) Discount Rate
Pepco in the District of Columbia has filed updated purchase of receivables discount rates, proposed to be effective June 1, 2020
April 16, 2020
PECO Residential, Small Commercial Default Service Generation Rates To Fall On June 1
PECO has filed with the Pennsylvania PUC new electric Generation Supply Adjustment (GSA) charges for the period beginning June 1, 2020
April 15, 2020
Energy Management, Demand Response Provider Newly Entering U.S. Market Names Managing Director Of U.S. Operations
Rodan Energy Solutions, a Canadian-based provider of distributed energy resource asset optimization, demand response services, energy intelligence, and energy management information systems which has recently expanded to the United States, named John Carroll as Managing Director of U.S. Operations…
April 14, 2020
Virginia Governor Approves Bill That, Subject To Re-enactment Clause, Would Solidify 100% Renewable Exception Allowing Customers To Select Competitive Retail Electric Supply
Virginia Gov. Ralph Northam has approved HB 868 which, if adopted again in the next legislative session, would permit all customers of the investor-owned utilities to take competitive retail electric supply, if the customer purchases 100% renewable electricity, regardless of whether the incumbent…
April 14, 2020
Retail Supplier Ceases Pricing Texas Deals, Tells Channel Partner That Supplier Will Be Late On Payment
Liberty Power has ceased pricing new retail energy supply deals for an interim period, multiple sources have confirmed to EnergyChoiceMatters.com
April 13, 2020
Virginia Governor Signs Scaled Down Bill Allowing Limited Pilot For Handful Of Customers To Aggregate Non-contiguous Sites To Take Competitive Retail Supply
Virginia Gov. Ralph Northam has approved HB 889, which allows a handful of customers to aggregate non-contiguous sites for the purposes of reaching the current 5 MW threshold allowing customers to take electric choice without having to purchase 100% renewable supply as a condition of electric choice…
April 10, 2020
PSC Approves Model, Cost Recovery For Long-Term Renewable Contract Used For SOS Customers
The District of Columbia PSC has adopted a model and cost recovery mechanism for integrating a long-term renewable energy power purchase agreement (PPA) for a target quantity of five (5) percent of the Standard Offer Service (SOS) load into the SOS portfolio.
April 9, 2020
Pennsylvania Utility Seeks To Shorten Default Service Contract In Upcoming Procurement To 12 Months Due To Lack Of PJM Capacity Price
Duquesne Light Company petitioned the Pennsylvania PUC for a modification of its upcoming September 2020 procurement of certain tranches of Residential and Small Commercial & Industrial (C&I) default electricity supply contracts, in recognition of an ongoing proceeding at the Federal Energy…
April 8, 2020
PUC Approves Utility Tariff Changes To Require Retail Suppliers To Maintain Records Of Sales Resulting From Transfer Of Customer Calls From Utility To Supplier
The Public Utilities Commission of Ohio has approved without modification a filing by Vectren Energy Delivery of Ohio, Inc. to revise its Supplier Coordination Tariff to require additional record keeping and reporting for certain calls from Standard Choice Offer (SCO) Customers that are transferred…
April 8, 2020
Energy Harbor (Formerly FirstEnergy Solutions) Receives Natural Gas Supplier License In New State
The New Jersey BPU granted Energy Harbor, LLC f/k/a FirstEnergy Solutions Corp. a natural gas supplier license
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 8, 2020
PUCO Staff Recommends That Commission Grant Broker License To FirstEnergy Advisors
Staff of the Public Utilities Commission of Ohio have recommended that the Commission approve the application of Suvon, LLC d/b/a FirstEnergy Advisors and FirstEnergy Home for a broker/aggregator license to serve all customer classes in all service areas.
April 7, 2020
Retail Supplier To Pay $30,000 Forfeiture Under Settlement With PUC Staff
Staff Had Alleged Pattern Of Deceptive Behavior From Agents Representing The Supplier
Median Energy Corp. has agreed to a forfeiture of $30,000 upon approval of a stipulation between the retail supplier and Staff of the Public Utilities Commission of Ohio, all of the issues alleged by Staff in a Notice of Probable Non-Compliance dated November 18, 2019, including an alleged, "pattern…
April 3, 2020
FirstEnergy Advisors Files Supplement To Ohio Broker Application With Details On Use Of Shared Service Employees
Suvon, LLC d/b/a FirstEnergy Advisors and FirstEnergy Home ('FirstEnergy Advisors') has filed a supplement to its pending application for an Ohio electric broker/aggregator license to include additional information under sections relating to "Experience & Plans" and "Summary of Experience", which…
April 3, 2020
Energy Harbor (Formerly FirstEnergy Solutions) Applies For Texas Retail Electric Provider Certificate
Energy Harbor To Use Third-Party QSE, Named In Application
Energy Harbor LLC, formerly known as FirstEnergy Solutions, has formally filed an application for an Option 1 Texas retail electric provider certificate
April 2, 2020
Regulator Affirms Recovery Of Capacity Costs For Utility Time Of Use Supply Option For Non-Shopping Customers; Clarifies Rate Design
An Illinois Commerce Commission order maintains the design for Commonwealth Edison's electricity supply Rate RTOUPP – Residential Time of Use Pricing Pilot (TOU Pilot), for non-shopping customers, and rejected requests on rehearing to modify the recovery of capacity costs
April 2, 2020
PUC Discloses Winning Suppliers From Default Service Auction
The winning suppliers from a March 2020 auction for Standard Service Offer (SSO) supplies at The Dayton Power and Light Company, for a portion of SSO supplies for various terms beginning June 1, 2020, have been disclosed
April 2, 2020
Breakerbox, A Unit Of Exelon, Receives Maryland Broker License
The Maryland PSC granted Breakerbox, LLC, a unit of Exelon, an electricity broker/aggregator license to serve commercial and industrial customers in all service areas
April 2, 2020
PECO CAP Shopping Proposal Would Require Retail Suppliers To Adhere To Pricing Limits, Or Drop Customer, For Existing Shopping Customers Who Become CAP Customers Mid-Contract
PECO has filed with the Pennsylvania PUC a proposed default service plan (DSP V) for the period from June 1,2021 through May 31, 2025, which includes, among other things, implementation of a shopping program for Customer Assistance Program (CAP) customers, and a new Time of Use generation rate…
April 1, 2020
Utility's Residential POR Discount To Fall To Nearly 0%
Pepco and Delmarva Power have filed with the Maryland PSC proposed updates to their purchase of receivables discount rates.
March 30, 2020
Another Retail Supplier Details Risks From COVID-19 In SEC Filing
Supplier Expects Unit Gross Margin To Improve In 2020
Summer Energy Holdings, Inc. filed a 10-K detailing its 2019 financial results, and included a disclosure of various risk factors, including the coronavirus (COVID-19) outbreak.
March 27, 2020
Utilities Seek Delay In Default Service Auction
The Maryland electric utilities have petitioned the PSC to delay a scheduled April 2020 SOS procurement to a previously contemplated alternative date, in light of pending potential changes to the SOS product due to delays in the PJM capacity auction, and the current circumstances surrounding…
March 27, 2020
Maryland PSC Staff: "Not Completely Clear" From Text That Offshore Wind Administrator Is Prevented From Collecting Funds From Retail Suppliers Prior To Commercial Operation
Staff of the Maryland PSC said that it is, "not completely clear," in the text of an applicable regulation that an administrator which will bill retail electric suppliers for offshore wind RECs (OREC) is prevented from collecting funds from suppliers prior to commercial operation of an eligible…
March 27, 2020
Energy Harbor (formerly FirstEnergy Solutions) Seeks Natural Gas Supplier License In Another New State
Energy Harbor LLC (formerly FirstEnergy Solutions) formally applied for a Maryland natural gas supplier license to serve all eligible customer classes in all service areas.