March 7, 2019
Genie Energy Focusing On Customer Growth In 2019, Expanding Footprint, Intensifying Customer Acquisition Efforts
In reporting earnings today, Genie Energy said that it is ramping up customer growth efforts in its retail energy business
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March 7, 2019
Vistra Energy Launches New Retail Brand In Pennsylvania, Illinois, Ohio
Enters Pennsylvania Residential Market With Existing Brand As Well
Vistra Energy announced today that it is launching a new retail electricity brand, Brighten Energy, in Illinois, Ohio, and Pennsylvania.
March 6, 2019
Update: PUC Approves Price From Default Service Auction
PUCO approved the results of the auction as described below.
March 6, 2019
Spark Energy Launches In New State
Spark Energy has formally rolled out the Spark brand for electricity supply service to residential and business customers in Delaware
March 6, 2019
License Briefs
PointClickSwitch Seeks License In New State
March 6, 2019
Retail Supplier Enters Settlement Agreement With Regulatory Staff Concerning Alleged Slamming
Vista Energy Marketing, L.P. would pay $4,000 under a settlement agreement with the Pennsylvania Public Utility Commission’s Bureau of Investigation and Enforcement (I&E) to resolve four alleged instances of slamming
March 6, 2019
NextEra's Kelliher: "In Many States" Retail Competition A "Failure", Resulting In "Higher Rates" From Competitive Suppliers
In prepared written remarks before a hearing of the U.S. Senate's Committee on Energy and Natural Resources, Joseph Kelliher, Executive Vice President of NextEra Energy, Inc. and former FERC Chair, said that, "In many states, retail competition has been a failure, at least for residential customers…
March 6, 2019
Former Retail Supplier EVP Launching New Broker
Service King International Brokers LLC d/b/a SKI Brokerage, a start-up, is seeking broker or similar licenses in Pennsylvania, Illinois, Maryland, Massachusetts, New Jersey, Ohio, Maine, Delaware, and New Hampshire, and will broker in New York and Connecticut as well.
March 5, 2019
Utility Ahead Of Schedule On Implementation Of New Purchase Of Receivables (POR) Program, Expects Earlier Start Dates
Note: This story was first published at 1:30 pm on March 5 with an alert to our email subscribers
March 5, 2019
New Digital Brand Click Energy Seeks Retail Supplier License In New State
Click Energy, LLC, now using the d/b/a Smartclick, applied for an Ohio natural gas supplier license to serve residential and small commercial customers at Dominion East Ohio and Duke Energy Ohio
March 5, 2019
Energy Procurement & Management Consultant 5 Joining Forces With Simplified Power
5 Expects Series Of M&A Transactions To Accelerate Growth
Energy advisory firm 5 said that it has completed its first transaction to expand the firm’s breadth and depth by partnering with Simplified Power, a Houston-based energy management firm.
March 4, 2019
Pennsylvania PUC: Notifying Customer-Designated Third Party Of Retail Supplier Switch Would "Provide A Valuable And Important Consumer Protection", But PUC Declines To Adopt At This Time, Citing Unanswered Questions
PUC Rejects Proposed Supplier Consolidated Billing Changes Raised In Case
The Pennsylvania PUC ultimately declined to implement a third-party customer switch notification in adopting amended utility customer protection rules (largely dealing with EDC matters, not the retail market)
March 1, 2019
Retail Supplier Says Proposal In Pennsylvania Utility's Rate Case Would Give Competitive Advantage To Utility Affiliate
Direct Energy in a petition to intervene, outlined concerns with certain proposed changes to the natural gas transportation program at UGI Utilities (the "Company"), as contained in a newly filed rate case
March 1, 2019
PUC Approves Implementation, Start Date For New Purchase Of Receivables Programs
The Pennsylvania PUC has approved tariff filings from UGI Utilities - Gas to expand its purchase of receivables program to its new North and Central rate districts (formerly Penn Natural Gas and Central Penn Gas, respectively)
March 1, 2019
Updated: Vistra "Fully Prepared" To Take Legal Action Against Any Hostile Bidder For Crius
During an earnings call yesterday, Vistra Energy CEO Curt Morgan said that Vistra is "fully prepared" to take any necessary legal action to defend its previously reported acquisition of Crius Energy should a hostile bidder attempt to disrupt the process.
February 28, 2019
Pennsylvania PUC Issues Proposed Policy Statement To Impose, Statewide, Price Cap For CAP Customers Served By Retail Suppliers, With Such Cap Applicable For Entire Term Of Contract
The Pennsylvania PUC today issued a proposed policy statement to implement, on a statewide basis, a price cap on retail supplier service to Customer Assistance Program (CAP) customers
February 28, 2019
FirstEnergy Solutions Announces New CEO, EVP Sales, Management Team
FirstEnergy Solutions Corp. ("FES") and FirstEnergy Nuclear Operating Company ("FENOC") announced that the Board of Directors approved the appointment of a new senior management team to lead the company through the conclusion of its restructuring process.
February 28, 2019
Pa. PUC Adopts Single Product Type For Price Capped Service To Low-Income Customers At FirstEnergy EDCs
Warns Suppliers On "Fixed Means Fixed" For Any Supplier Seeking To Revise Contract
The Pennsylvania PUC issued a final order addressing various terms of the Pennsylvania Customer Assistance Program (CAP, or PCAP) shopping program at the FirstEnergy EDCs which, effective June 1, 2019, shall be the only means for a CAP customer to take service from a competitive retail supplier
February 28, 2019
License Briefs
Texas Retail Provider Receives Authority To Use Name Milestone Energy
February 28, 2019
TXU Parent Vistra Reports Decline In Residential Customers In Texas Versus Q3
In reporting Q4 and full year 2018 earnings this morning, Vistra Energy reported a lower residential customer count in ERCOT versus Q3 2018
February 27, 2019
PUC Approves Settlement Under Which Retail Supplier Agrees To $150,000 Forfeiture Under Stipulation
The Public Utilities Commission of Ohio approved a stipulation between Town Square Energy East, LLC (Town Square) and Staff of the Public Utilities Commission of Ohio under which Town Square agrees to a forfeiture of $150,000 upon approval of the stipulation to resolve allegations of non-compliance…
February 27, 2019
Updated: PUC Approves Price From Default Service Auction
PUC Reports Price From Default Service Auction
Updated, 2/28. PUCO approved the results of the auction which were described below:
February 27, 2019
Freedom Logistics Receives Natural Gas License In New State
The Public Utilities Commission of Ohio granted Freedom Logistics, LLC a natural gas broker license to serve all sizes of commercial and industrial customers in all service areas
February 27, 2019
Retail Market Vet Launching New Broker
Start-up TEK Utilities LLC applied for Ohio electric and natural gas broker/aggregator licenses to serve all customer classes in all service areas.
February 27, 2019
Huge Overcollection Of Default Service Costs At Pennsylvania Utility Leads To 60% Decrease In Default Service Rates
Default Service Rates Would Have Been Negative If Reconciliation Not Capped!