May 9, 2018
Retail Supplier Adopts Trade Name Indra Energy
PALMco Power OH, LLC informed the Public Utilities Commission of Ohio that it had registered a new fictitious name: Indra Energy
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May 9, 2018
FERC Denies Proposed PJM Capacity Market Change Opposed By Retail Suppliers
FERC denied proposed tariff filings from PJM to change the manner in which excess capacity is released in the incremental auction, a change which had been opposed by Direct Energy as increasing costs to LSEs.
May 9, 2018
Utility, Retail Holding Co. Promotes Competitive Retail Division President To Parent CFO Position
Names New Retail CEO Names Chief Transformation Officer
Exelon announced that, as part of a series of leadership changes, Joseph Nigro has been promoted to Chief Financial Officer and Senior Executive Vice President of Exelon
May 8, 2018
PSC Adopts Further Parameters For SOS, Retail Supplier Time Of Use Pilots
The Maryland PSC has issued a letter order adopting further parameters for Time of Use generation rate pilots to be offered to customers on SOS, and retail supply pilots that are to select retail suppliers via RFP
May 8, 2018
Shell Purchases Majority Interest In Chicago-Based Distributed Energy Provider, Energy Services Company
GI Endurant, LLC d/b/a GI Energy (GIE) announced that Rilette Springs, LLC, an affiliate of Shell New Energies, U.S. LLC (Shell), has made a strategic investment in GIE, purchasing a majority and controlling interest.
May 7, 2018
FirstEnergy Solutions Plans To Keep Enrolling New Individual, Aggregation Customers
FirstEnergy Solutions said in response to a request for information from the Public Utilities Commission of Ohio concerning its operations during its bankruptcy that it plans to keep enrolling new customers
May 7, 2018
Sale Price Revealed For Sale Of Retail Supplier
In a 10-Q, New Jersey Resources Corporation (NJR) disclosed the sale price for its disposition of NJR Retail Services Company, which as exclusively reported by EnergyChoiceMatters.com, was sold to Direct Energy Business Marketing, LLC
May 4, 2018
Nordic Energy Services Receives Gas Supplier License In New State
The Pennsylvania PUC granted NORDIC ENERGY SERVICES, LLC a natural gas supplier license to serve residential, small commercial (under 6,000 MCF annually), large commercial (6,000 MCF or more annually), and industrial customers in the natural gas distribution company service territories of Columbia…
May 4, 2018
Calif. PUC Releases Draft Review Of Choice Issues, As "Call To Action" On Retail Market Structure Warns Choice Being Implemented By Piecemeal Statutory Directives And Decisions, Could Lead To Another Crisis
The California PUC released a draft study of issues facing the retail sale of electricity in the state (known as the Green Book), observing that current policy is being driven by disparate actions undertaken to achieve various goals in the wake of the 2000-01 energy crisis, and cautioning that the…
May 4, 2018
New Broker Launched By TXU Parent Receives License In New State
The Pennsylvania PUC granted Blitz Ventures LLC an electric broker/marketer license to serve to small commercial (25 kW and under demand), large commercial (over 25 kW demand), industrial, and governmental customers in all service areas
May 4, 2018
Vistra (TXU Parent) To Grow Retail Business Through Dual Strategy Of M&A, Organic Growth
Vistra Energy, which as previously reported will engage in a strategy of expanding its retail business now that it has completed its acquisition of Dynegy, said during an earnings call this morning that it will pursue a "dual strategy" of organic retail growth and evaluating retail M&A opportunities…
May 3, 2018
PUCO Awards To Retail Supplier 100% Of Certain Low-Income Customer Load At AEP Ohio
The Public Utilities Commission of Ohio has awarded, to a retail electric supplier, 100% of the load of electricity Percentage of Income Payment Plan (PIPP) customers at AEP Ohio for the term June 1, 2018 through May 31, 2019
May 3, 2018
Potomac Edison Files New SOS Rates, Small Commercial Rates Falling 7%
Potomac Edison has filed with the Maryland PSC new SOS rates for Type I customers for the periods beginning June 1, 2018 and October 1, 2018, and new Type II SOS rates for the three-month period beginning June 1, 2018
May 3, 2018
Return Of Low Income Customers To New York Default Service Cited In Decrease In Genie Retail Energy Customer Count
In reporting earnings this morning, Genie Energy said that Genie Retail Energy's customer base declined versus December 31, 2017 due, in part, to the required return of low-income customers in New York to default service, as well as a strategic decision to pull back customer acquisition efforts in…
May 3, 2018
Pa. Commonwealth Court: PUC Has Authority To Impose Price Cap On Retail Supplier Rates For CAP Customers, Restrict Shopping
Denies Appeal Of PPL CAP-SOP Program
The Commonwealth Court of Pennsylvania on May 2 ruled that the Pennsylvania PUC acted within the PUC's authority when it restricted Customer Assistance Program (CAP) customer shopping at PPL Electric to a CAP-specific Standard Offer Program (CAP-SOP), which includes a price ceiling of 7% off the…
May 3, 2018
Exelon: "Always" Interested In Retail Acquisitions, Will Be "Aggressive" If Accretive Opportunities Arise
Responding to a question about an increase in retail M&A activity and books being shopped, Joseph Nigro CEO, Constellation and Executive Vice President, Exelon said during Exelon's first quarter earnings call that Exelon is "always" interested in retail acquisitions and will be "aggressive" if…
May 2, 2018
Utility's Residential POR Discount To Increase From Current 0%
Potomac Edison has filed with the Maryland PSC proposed new POR discount rates to be effective June 1, 2018
May 2, 2018
BGE Files New Residential, Commercial SOS Rates
Also Updates Bypassable Rider 8 (Reconciliation) For June 1
Baltimore Gas & Electric has filed new residential and Type I SOS rates for the period October 1, 2018 to May 31, 2019, and Type II SOS rates for the period June 1, 2018 to August 31, 2018.
May 2, 2018
DC PSC Chair: Will Be Ready To Implement New WGL POR Program By July
Speaking at the National Energy Marketers Association National Restructuring Conference, District of Columbia PSC Chairman Betty Ann Kane said that her Staff has informed her that the new Purchase of Receivables (POR) program at Washington Gas Light will be ready for implementation by July 2018.
May 1, 2018
PPL Posts New Prices To Compare
PPL has filed with the Pennsylvania PUC new generation and transmission rates which will compose the Price to Compare for the 6-month period starting June 1, 2018
May 1, 2018
PSEG: No Acquisitions Fit Retail Strategy; Focusing On Organic Growth For Retail Business
Public Service Enterprise Group discussed its competitive retail energy business during its quarterly earnings conference call, with Ralph Izzo, chairman, president and chief executive officer of Public Service Enterprise Group, stating that the company is focused on organic retail growth after…
May 1, 2018
Delmarva Files New SOS Rates
Delmarva Power has filed with the Maryland PSC new residential and Type I SOS rates for the period beginning October 1, 2018, and new Type II SOS rates for the period beginning June 1, 2018.
May 1, 2018
Pepco Residential SOS Rate To Increase 6%
Pepco has filed with the Maryland PSC new residential and Type I SOS rates for the period beginning October 1, 2018, and new Type II SOS rates for the period beginning June 1, 2018
May 1, 2018
BGE POR Discount Rate To Decrease
Baltimore Gas & Electric has filed proposed updated purchase of receivables (POR) discount rates for electricity and natural gas, to be effective June 1, 2018
May 1, 2018
ENGIE Acquires NY-Based Electrical Construction, Maintenance Provider To Complement Energy Supply, Services
ENGIE North America Inc. today announced that it has acquired Unity International Group, an electrical construction and maintenance provider which delivers electrical construction, data and telecom, IT, and critical safety and security systems