May 9, 2025
Broker Using Name "Third Coast Energy Group" Newly Registers In Texas
A new Texas electric broker registration has been filed with the Texas PUC which listed "Third Coast Energy Group" as the registering entity
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May 9, 2025
Utility Seeks 8% Purchase Of Receivables Discount Rate
Pepco in Maryland has proposed an 8% residential purchase of receivables (POR) discount rate as part of winding down POR for residential customers
May 8, 2025
Regulator's Staff Revises Proposed Automatic Renewal Protections, Initially Had Proposed Auto-Renewal Ban
Staff of the Massachusetts DPU recently presented a revised proposal to protect retail energy customers under contract renewals
May 8, 2025
B2B Commerce Platform Acquires Retail Energy Broker
AppDirect, Inc. has indirectly acquired all of the issued and outstanding shares of Dominion Newenergy Inc., which is the direct upstream owner of retail energy broker DNE Sales, LLC d/b/a DNE Resources
May 7, 2025
Texas Retail Provider Receives Option 2 REP Certificate After Providing Contract From Third Party; PUC Approval Leaves Open ALJ's Interpretation That A "Third Party" Customer Is Needed For Option 2 REP Certification & REP Itself May Not Serve As Needed Customer
The Texas PUC granted Luxor Technology Corporation an Option 2 Texas retail electric provider certificate
May 7, 2025
PSC Directs Utilities To Address Whether Automatic Switch Block May Be Implemented
In an order adopting provisions for a statutorily required Do Not Transfer list process, the Maryland PSC has directed the utilities to provide updates concerning any implementation challenges and concerns related to adopting an automatic block (enrollment rejection) for any customer on the Do Not…
May 7, 2025
Vistra Reports "Strong" Retail Customer Counts and Margins
Vistra Corp. reported that first quarter 2025 Adjusted EBITDA for its Retail segment was $184 million, versus Adjusted EBITDA of $(28) million in the year-ago quarter
May 7, 2025
Broker Acquires Energy Procurement & Management Consultant
TPI Efficiency, an energy brokerage and sustainability consulting firm headquartered in Cleveland, Ohio and a portfolio company of ScaleCo Capital, announced its acquisition of The Utilities Group (TUG), an energy management, procurement, and sustainability consulting company headquartered in…
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May 6, 2025
VertexOne Launches VXconnect: The Modern Customer Engagement Engine for Energy & Utility Providers
VertexOne , a leading provider of cloud software designed to revolutionize the customer experience within the energy and utility industry, revealed today the launch of VXconnect , a revolutionary customer engagement engine built to meet the evolving needs of today's energy and utility providers.
May 6, 2025
PUC Approves POR Discount Rate For Another New POR Program, Orders Program Start Date
The New Hampshire PUC approved as filed Unitil's initial discount rates for Unitil's new electricity purchase of receivables (POR) program
May 6, 2025
Horizon Power and Light Seeks Licenses In New State
Horizon Power and Light, LLC applied for Ohio electric and natural gas supplier licenses to serve all customer classes in all service areas
May 6, 2025
Broker-Consultant To Acquire Power Marketer, Energy Supply Consultant
Veolia Energy North America Holdings, Inc. has entered into a transaction under which Veolia will acquire 100% of the outstanding equity interests of both Icetec.com, Inc. and Icetec Energy Services, Inc. (after both Icetec entities undergo a conversion to LLCs)
May 5, 2025
Northeast Broker Registers In Texas
Bakey Enterprises, LLC d/b/a Bakey Energy Consulting registered as a Texas retail electric broker
May 5, 2025
Retail Supplier Acquiring Book Of Customers
Eligo Energy OH, LLC is acquiring a book of Ohio electric customers from New Wave Energy, LLC
May 2, 2025
Texas Retail Provider To Pay $74,000 Under Settlement With PUC Staff
TriEagle Energy LP would pay $74,725 under a settlement with Staff of the Texas PUC to resolve alleged violations of 16 TAC § 25.480(h)(2), relating to reconciliation of over-payments on average payment plans