March 16, 2023
Octopus Energy Receives Licenses In New States
Octopus Energy LLC has recently received new electric supplier licenses in Illinois and Delaware
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March 15, 2023
PSC Rules That Opt-Out Aggregation Supply Rates & Contracts Do Not Need PSC Approval
In addressing several non-consensus issues related to rules to implement opt-out municipal aggregation on a pilot basis, the Maryland PSC ruled that, "the Commission finds that the intent of § 7-510.3 is that the Pilot should proceed without requiring Commission approval of supply rates or…
March 15, 2023
Energy Consultant Announces Rebrand
Lykins Energy Advisors and Energy Objective, both owned by Shipley Energy, will now be known as Shipley Energy Advisors.
March 14, 2023
Utility Files New POR Discount Rate
PECO filed an update to its Electric Generation Supplier Coordination Tariff to revise the Purchase of Receivables (POR) discount rate.
March 14, 2023
Retail Choice PSC To Hold Cybersecurity Conference
The Public Service Commission of the District of Columbia scheduled a Virtual Cybersecurity Conference to discuss, among other topics, "best practices that telecommunications, electric, and natural gas utilities are taking to protect their infrastructure from cybersecurity threats."
March 14, 2023
AI-Driven Broker Announces Client Wins, Seeks New License
Imperium Predictive Analytics, a broker focused on "predictive procurement" through AI and automation, announced that Hollywood Imprints and RXP Wireless have signed with Imperium for its energy procurement services
March 8, 2023
State Supreme Court To Consider Whether PSC Has Authority To Interpret, Enforce Telephonic Sales Statute
The Supreme Court of Maryland has granted a writ of certiorari and will review a decision from the Appellate Court of Maryland (ACM) concerning a Maryland PSC decision regarding the interpretation of the Maryland Telephone Solicitations Act
March 8, 2023
PUC Adopts Minimum Stay Rules, Makes Changes From Proposals
The Public Utilities Commission of Ohio adopted, at each of the four electric utilities with choice programs, default service minimum stay rules that are to apply when a governmental aggregator returns a threshold level of customers to default service prior to the previously established end date of…
March 8, 2023
PSC Staff Issues 8-9 Cease & Desist Letters To Retail Suppliers
During today's administrative meeting, Maryland PSC Chairman Jason Stanek said that various PSC Staff offices have issued 8 or 9 cease and desist letters to retail suppliers in the past week
March 8, 2023
PUCO Approves Renewal Of NOPEC Aggregation Certificate, Not Persuaded Drop Of 500,000 Customers To SSO Unlawful
The Public Utilities Commission of Ohio approved the renewal of the electric governmental aggregation certificate of the Northeast Ohio Public Energy Council (NOPEC), stating that, "we are not persuaded by Dyngey, Hartree, or Buckeye Energy’s assertions that NOPEC’s unprecedented decision to drop…
March 7, 2023
FirstEnergy Seeks To Consolidate Pennsylvania Distribution Companies Into Single Utility; Includes Changes To Supplier Tariff
Metropolitan Edison Company ('Met-Ed'), Pennsylvania Electric Company ('Penelec'), Pennsylvania Power Company ('Penn Power'), West Penn Power Company ('West Penn'), and various other FirstEnergy entities have filed an application before the Pennsylvania PUC for various transactions which would merge…
March 6, 2023
Vistra To Acquire Energy Harbor
Today, Vistra Corp. announced that it has executed a definitive agreement with Energy Harbor Corp., pursuant to which Energy Harbor will merge with and into a newly-formed subsidiary of Vistra.
March 2, 2023
Broker/Aggregator Adopts New Name Reflecting Expanded Reach
Industrial Energy Users–Ohio, a trade organization for energy-intensive manufacturing, industrial, institutional, information technology and business customers, unveiled a new name and logo, and will now be known as the Ohio Energy Leadership Council (OELC).
March 2, 2023
PUC Issues Tentative Order Seeking To Revoke Licenses Of Over A Dozen Retail Suppliers, Brokers (Including Active Suppliers) For Alleged Fee Non-Payment
The Pennsylvania PUC issued a tentative order under which the PUC would conclude that 18 natural gas retail suppliers and brokers, including several active suppliers, have either failed to pay a required annual or supplemental fee to the PUC, or have failed to file an annual report. The tentative…
March 2, 2023
PUC Issues For Public Comment $92,500 Settlement With Retail Supplier
As part of its customary process for consideration of settlements, the Pennsylvania PUC issued for public comment a settlement between Great American Power, LLC ('GAP' or 'Company') and the PUC's Bureau of Investigation and Enforcement ('I&E') under which Great American Power, LLC would pay $92,500…
March 2, 2023
New ArcLight Retail Supplier Launches Service In Texas, Announces Expansion To Other States
OnPoint Energy, the new retail energy supplier formed by ArcLight Capital Partners has officially launched service in Texas, and has indicated that it will be expanding to several additional markets
March 1, 2023
Retail Supplier Ceasing Service To Residential Customers In Certain Territories
AEP Energy, Inc. is ceasing service to residential customers in the following Maryland service areas: Delmarva Power & Light Company, Potomac Electric Power Company, and Potomac Edison.
March 1, 2023
Vistra (TXU Parent) "Held Strong Margins" While Growing Texas Customer Count
Overall Residential Count Lower On "Value-Accretive Exits" In Select Northeast Markets
In reporting earnings for the fourth quarter and full-year 2022, Vistra Corp. said that it, "held strong margins while growing Texas residential customer counts by almost 2% year-over-year."
February 28, 2023
Retail Supplier Alleges PSC Staff Accepting "Unsupported" Allegations By Customers In Instances Where Entire Sale Interaction Is Not Recorded (Supplier Notes No Rule Requiring Such Recording)
Supplier Alleges "Ambiguous And Seemingly Arbitrary" Interpretations Of Rules By PSC Staff
Supplier Knocks Staff Practice Of Searching For "Ever-Changing Technical Violation" When Complaint's Initial Allegations Are Not Supported By Evidence
February 28, 2023
Vistra Reports PJM Auction Results For 2024/2025
Vistra today reported its results from the PJM capacity auction for 2024/2025 planning year.
February 27, 2023
Capacity Prices Fall In Most Of PJM For 2024-25, DPL-South Still Sees Nearly 30% Spike
PJM has posted results from its base residual auction for capacity (BRA) under the reliability pricing model (RPM) for the 2024-25 delivery year
February 24, 2023
Winning Retail Suppliers Posted For Default Service Auction
The Public Utilities Commission of Ohio has posted the winning retail suppliers for Dominion East Ohio's recent Standard Choice Offer auction, for the period April 1, 2023 to March 31, 2024
February 23, 2023
Constellation Notes PJM Customers Paid $58 Billion Since Capacity Performance Started; PJM Had Only 3% Reserve During Elliott Due To Non-performance, Greater Level Of Outages Vs. 2014
Constellation noted in a news release today that, "PJM customers have paid generators approximately $58 billion in capacity performance payments intended to spur generators to invest in reliability measures to prevent outages during extreme weather events," since the introduction of the capacity…
February 23, 2023
AEP Reports Contribution From Retail Energy Business, Higher Retail Margins, Update On Strategic Review
In reporting fourth quarter and full-year earnings, AEP affirmed that it expects to complete the previously reported strategic review of AEP Energy, its competitive retail business, in the first half of 2023 (the same timeline as previously provided)
February 23, 2023
PUCO Staff Recommends NOPEC's Electric Government Aggregator Certificate Be Renewed
Staff of the Public Utilities Commission of Ohio have recommended that PUCO approve renewal of the electric governmental aggregation certificate of the Northeast Ohio Public Energy Council (NOPEC)