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Draft Report: Over 83% Of Residential Customers With A Competitive Retail Supplier Were Charged A Rate In Excess Of A Utility's Default Service During Second Half Of 2020 (70% At Another EDC)

66% Of Retail Supplier Customers On Utility Bill Payment Arrangements Are Paying Greater Than Default Service Over 14,000 Customers Remain On Supplier Variable Rates After Ban For New Customers

The Connecticut PURA has released a draft annual report to the legislature on the state of electric competition

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Retail Supplier Enters Settlement Concerning Late RPS Filing

Mega Energy of New England, LLC ("Mega Energy" or the "Company") has entered into a settlement with the Office of Education, Outreach, and Enforcement ("EOE") of the Public Utilities Regulatory Authority of Connecticut to resolve the allegation that Mega Energy had not timely filed its 2019 annual…

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Notice of Violation Would Require Retail Supplier To Drop Customers To Default Service, Impose $1.5 Million Fine

Alleges Supplier's Agent Conducted Door-to-Door Marketing During Prohibition On Such Marketing During Pandemic

The Connecticut Public Utilities Regulatory Authority (Authority or PURA) issued a Notice of Violation and Assessment of Civil Penalty (NOV) against Residents Energy, LLC (Residents or Company), in which the Authority seeks to fine Residents in the amount of one million five hundred thousand dollars…

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Regulator Concerned New Entrants Are Unaware That Aggregators May Not Represent a Supplier, Must Solely Represent Customers

Recommends Requiring Aggregators To Certify They Are Not Compensated By Suppliers; Have No Agency Relationship With Suppliers

The Office of Education, Outreach, and Enforcement (EOE) of the Connecticut PURA said in a letter to PURA's Chairman that EOE is concerned that new market entrants are not aware of PURA's long-standing determination that an electric aggregator may only represent a customer, and may not represent a…

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Mega Energy Announces Commodity And Market Expansion To Enable Acquisition-Based Growth

Initiatives Include Northeast Expansion Through Partnership With Wholesale Energy Supplier

Mega Energy Holdings LLC announced the extension of a credit and supply arrangement with Pacific Summit Energy LLC (PSE), the North American marketing and trading subsidiary of Sumitomo Corporation and its largest U.S. affiliate, Sumitomo Corporation of Americas, "to enable current market growth and…

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Connecticut Retail Energy News (Page 11) | EnergyChoiceMatters.com