August 24, 2023
According to a filing from Maryland PSC Staff concerning the Maryland SOS Procurement Improvement Process group, "Montgomery County confirmed, via email from the County’s attorney to the SOS procurement improvement process parties on August 7, 2023 that the CCA [Montgomery County community choice…
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August 24, 2023
Commonwealth Edison today announced that it now powers its entire real estate portfolio with 100% carbon-free energy in every hour of every day, under an agreement for energy supply from Constellation
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August 23, 2023
PUC Cites "Particularly Troubling" Alleged Practice Of What PUC Alleged Were, "Unconscionably High Variable Rates" Not Based On Market Conditions PUC Also Imposes Product Limits, Orders Re-rates
The PUC of Ohio has modified a settlement between SmartEnergy Holdings, LLC (SmartEnergy or the "Company") and PUCO Staff under which SmartEnergy had agreed to a forfeiture of $85,000
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August 18, 2023
The New York PSC issued an order on rehearing concerning the ESCO eligibility of SunSea Energy, LLC, in which the PSC affirmed its prior order that SunSea's re-application for ESCO eligibility is denied and SunSea's customers must be returned to default service. The PSC did grant limited rehearing…
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August 18, 2023
The New York PSC directed Atlantic Energy LLC to show cause why its eligibility to act as an Energy Services Company (ESCO) in New York State should not be revoked or, alternatively, why other consequences as set forth in the Commissions UBP should not be imposed, for the alleged provision of…
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August 17, 2023
The Public Utilities Commission of Ohio granted AEP Energy Partners, Inc. a retail electric supplier license to serve commercial and industrial customers in the service area of AEP Ohio
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August 17, 2023
BoCor Holdings LLC (sister company of Advantage Energy Partners, which acts as a retail natural gas supplier and offers various other services including electricity procurement consulting) announced the purchase of, "a significant package of natural gas and oil wells from Bobcat Energy Resources…
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August 11, 2023
Direct Energy said that it is offering two years of Amazon Prime included as part of its "On Us" electricity plans
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August 11, 2023
AEG Affiliated Energy Group Reports Financial Closing Of 6 M&A Deals In Past 10 Months Notes "Increased Tensions Between REPs And Their Wholesale Supply Financing Sources" August 11, 2023 Email This Story
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August 9, 2023
PUC Rejects Further Changes To Default Service Auction Product Sought By Wholesale Supplier PUC OKs Default Service Stipulation Which Maintains Bypassable Rate Components Originally Proposed For Removal
Approved Settlement Requires Study Of Retail Supplier Uncollectibles
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August 9, 2023
Vistra Corp. reported for its Retail segment Adjusted EBITDA of $498 million for the quarter ending June 30, 2023 (second quarter), up from $403 million a year ago, on, "strong counts and margins performance," partially offset by below normal weather experienced in all markets
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August 8, 2023
Throws Cold Water On Retail Suppliers Seeking Same Treatment
During a rulemaking session, the Maryland PSC agreed to allow an opt-out community choice aggregation to bundle certain non-commodity costs into the CCA's energy rate, with such bundled rate being eligible for utility consolidated billing and purchase of receivables
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August 8, 2023
Brokers Bemoan "Double Standard", Demand Why ESCOs Must Not Show "Outrageous" Own Margin To Customers
The technical conference held today by the New York Department of Public Service regarding implementation of the PSC's recent order on the regulation of energy brokers and consultants produced few answers or clarifications for stakeholders
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August 8, 2023
In reporting earnings for the quarter ending June 30, 2023 (second quarter), NRG reported 100k organic customer growth in Q2
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August 7, 2023
The District of Columbia PSC has opened biennial review of electricity Standard Offer Service
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August 4, 2023
The customer book that Clearview Electric Inc. acquired from EnerPenn USA, LLC also included electric customers in New Jersey
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August 4, 2023
The customer book that Clearview Electric Inc. acquired from EnerPenn USA, LLC also included electric customers in New Jersey
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August 3, 2023
XOOM Energy Ohio, LLC (XOOM) has agreed to a forfeiture of $120,000 and would return certain subsets of customers to default service under a stipulation with Staff of the Public Utilities Commission of Ohio to resolve alleged violations raised in prior Staff reports, including alleged slamming
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August 3, 2023
In a 10-Q for the quarter ending June 30, 2023, Via Renewables, Inc. made the following disclosure:
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August 3, 2023
Changes To POR, UCB, Licensing & Bonding Cited, As PSC Says Market Has "Matured" Significantly
The Maryland PSC, which as previously reported has essentially undergone a re-constitution with a majority of Commissioners having been newly seated within the past few months, has invited comment on broad retail market reforms and customer protection
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August 2, 2023
Duke Energy Ohio, Inc. (Duke Energy Ohio, Duke, or the Company), The Ohio Energy Group (OEG), the Ohio Energy Leadership Council (OELC), and the Staff of the Public Utilities Commission of Ohio (Staff) have entered into a settlement concerning Duke's Infrastructure Modernization Plan.
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July 27, 2023
Reports Higher Retail Margins
Retail supplier AEP Energy had approximately 844,000 customer accounts as of June 30, 2023, parent American Electric Power reported in a 10-Q.
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July 26, 2023
The Public Utility Commission of Ohio accepted the results of Duke Energy Ohio's July 2023 electricity standard service offer auction which procured 30 tranches of SSO supply for the delivery period June 1, 2024 to May 31, 2025 at a tranche-weighted average price of winning bids of $81.88 per MWh
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July 26, 2023
The Public Utilities Commission of Ohio has sought stakeholder comment on a PUCO Staff proposal to modify the electricity standard service offer (SSO) procurements and auction product to include a proxy capacity price for years in which the actual PJM market capacity price has not yet been…
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July 25, 2023
The Maryland PSC has scheduled for August 8, 2023 an additional rulemaking session concerning RM80, the community choice aggregation rulemaking
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