September 15, 2023
PUC Staff Give Cold Shoulder To Retail Suppliers' Request To Allow Adjustment of Fixed Rates Due To Unknown PJM Capacity Costs
Staff a the Public Utilities Commission have not endorsed…
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September 15, 2023
Utility Seeks Authority To Conduct Default Service Auction While New SOS Plan Pending, In Order To Avoid Later Lump Procurement
Instant Auction Would Follow Current Rules, Not Proposed Changes
A EDC Ohio has sought authority from…
September 15, 2023
PSC Says That Choice Utility Shall Not Own Any Behind-The-Meter Make-Ready EV Infrastructure Equipment Moving Forward
A PSC has issued an order providing that…
September 15, 2023
ESCO Raises Questions Concerning If New York DPS Staff's Position Is That Audio Recordings May Not Be Relied Upon For Enrollments
PSC Issues Further Show Cause Order To ESCO
The New York PSC directed…
September 12, 2023
People's Counsel Sees Recently Opened Retail Market Proceeding At PSC As Potentially "Most Comprehensive Re-evaluation" Of Retail Choice Since 1999
An Office of People's Counsel said that a newly opened inquiry by…
September 11, 2023
Japan-Based Fortune 500 Global Trading & Business Investment Company Establishes Renewable Energy Development Company In U.S.
A Fortune 500 global trading & business investment company has established…
September 11, 2023
Retail Supplier Completes Sale Of Fossil Generating Assets
A retail supplier has sold…
September 11, 2023
Start-up Broker Led By Market Vet Expanding To Texas
A start-up registered as a Texas electric broker
September 8, 2023
Hearing Set For Pennsylvania Bill That Would Require $1 Million Security From Some Retail Suppliers
A hearing has been set by the Pennsylvania House of Representatives for
September 8, 2023
Updated: Notes On Bankrupt Retail Supplier
Further details on…
September 7, 2023
Update: Retail Supplier Files Bankruptcy Petition
A retail energy supplier has filed a Chapter…
September 6, 2023
PUCO Adopts Price Cap For Certain Sales Of Electricity
In a complaint case a Public Utilities Commission found…
September 6, 2023
Proposed Government Aggregation Standby Rider Removed, Capacity Proxy Price Added As Part Of Default Service Plan Settlement
Major parties to the electric security plan (ESP) proceeding of AEP Ohio have entered into a stipulation would approve an ESP (ESP V) for a term of June 1, 2024 through May 31, 2028…
September 5, 2023
Parent To Sell Utility With Significant Gas Choice Program, Migration For $4.3 Billion
The parent of a utility announced…
September 5, 2023
Retail Supplier To Pay $160,000 Forfeiture Under Settlement
A retail energy supplier would agree to a civil forfeiture in the amount of $160,000 under a settlement with…
August 31, 2023
New Chair, Vice Chair At Pennsylvania PUC
Pennsylvania Governor Josh Shapiro has appointed Pennsylvania PUC Commissioner Stephen M. DeFrank as the Commission's new chair, effective immediately.
August 31, 2023
Settlement Reached Among Major Parties To Allow FirstEnergy To Consolidate Pennsylvania Distribution Companies Into Single Utility; Includes Changes To Supplier Tariff
Met-Ed, Penelec, Penn Power, and West Penn Power have reached a settlement with several parties, including the Office of Consumer Advocate and industrial customers, which would approve various transactions which would merge Met-Ed, Penelec, Penn Power, and West Penn Power into a single distribution…
August 31, 2023
RESA Executive Director Named to City & State Pennsylvania's Energy & Environment Power 100 List
The Retail Energy Supply Association (RESA) announced that Tracy McCormick is included in City & State Pennsylvania's 2023 Energy & Environment Power 100 List.
August 31, 2023
Utility-Affiliated Broker, Which Had Stated An Intent To Offer "All-You-Use" Flat Subscription Billing, Won't Renew Broker License
Plus Energy Services LLC, a subsidiary of The AES Corporation, stated in a filing that it does not intend to file an application for renewal of its Ohio electricity broker certificate
August 30, 2023
Parent of Retail Supplier Announces Review of Strategic Alternatives
UGI Corporation announced today that its Board of Directors, "has initiated a process to evaluate potential strategic alternatives with the intent to unlock and maximize shareholder value."
August 29, 2023
New York ESCO Says Broker Fees "Often Higher Than Hypothetical Margin" Of ESCO, Up to 5x Higher
In recent comments to the New York PSC, EnergyMark, LLC stated, "EnergyMark and other ESCO’s have noted Energy Broker and Consultant fees that are often higher than the hypothetical margin (before associated physical and financial risks) of the ESCO on a given opportunity -- sometimes 3-5 times…
August 25, 2023
Choice Utility With Optional REC Rider To Lower Price Of RECs Charged To Customers
According to an audit report from a consultant retained by the PUC of Ohio, Duke Energy Ohio (DEO) has stated that it intends to lower the cost of its GoGreen REC add-on product in Ohio
August 25, 2023
Retail Suppliers Suggest To PUC Allowing Retail Suppliers To Adjust Fixed Rates In Future Periods When PJM Capacity Price Not Known At Time Of Contracting
In comments to the PUC of Ohio concerning a proposed use of a capacity proxy price in electricity default service procurements, the Retail Energy Supply Association (RESA) has suggested that PUCO should authorize retail electric providers, "to offer fixed price contracts that contain provisions…
August 25, 2023
Settlement Reached For Utility To Use Wholesale Auction To Procure Default Service; Change From Current Managed Portfolio
Several parties have reached a settlement under which Duke Energy Ohio would transition to using a wholesale Standard Service Offer (SSO) auction to procure natural gas supplies for default service customers, in a change from its current gas cost recovery (GCR) process
August 24, 2023
SOS Workgroup Proposes Shifting Responsibility For Certain RTO Charges From Wholesale Suppliers To Utilities (Seeks To Reduce SOS Risk Premiums)
According to a filing from Maryland PSC Staff concerning the Maryland SOS Procurement Improvement Process group, the PIP group has recommended that, under a revised SOS full requirements service agreement, "[t]he following four line items are shifted from the sellers’ responsibility to the buyers’: