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Spark Energy To Pull Back From "Low Margin" Larger C&I Business

Spark Expects Opportunities For Small Tuck-In Acquisitions To Increase From Shake-Out From Winter Volatility, Says Getting Calls From Potential Sellers

As a result of the negative financial impact that extreme cold weather during the first quarter of 2018 had on the business (see story here) , Spark Energy said during an earnings call that it will pull back from the low margin larger C&I business, particularly in the Northeast and New England

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Vistra (TXU Parent) To Grow Retail Business Through Dual Strategy Of M&A, Organic Growth

But CEO Says Current Retail M&A Opportunities Passing Value Test Is "Not Easy" Vistra Reports Retail Customer Growth, Higher Earnings

Vistra Energy, which as previously reported will engage in a strategy of expanding its retail business now that it has completed its acquisition of Dynegy, said during an earnings call this morning that it will pursue a "dual strategy" of organic retail growth and evaluating retail M&A opportunities…

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Briefly

Connecticut Schedules Technical Meeting On Next Month Rate Info Retail Supplier Must Provide For Bills

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Consumer Counsel Asks Regulator To Require Retail Supplier To Cease Door-to-Door, Telemarketing; Send Notice Of SOS Rates To Customers

Alleges Misrepresentations By Retail Supplier Alleges Retail Supplier's Customers Paid $7 Million More Than Standard Service For 2015-17 Period

The Office of Consumer Counsel has requested that the Connecticut PURA: (1) expeditiously enter a Cease and Desist Order directing Liberty Power Holdings, LLC ("Liberty" or "Liberty Power") to cease door-to-door and telesales marketing to Connecticut residential customers, and (2) order Liberty to…

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Regulator To Conduct Investigation Of Allegations Against Retail Supplier Made By Industry Group

Industry Group Had Alleged Supplier Not Honoring Fixed Rates, Supplier Allegedly Cited Changing Market Conditions Which Made Contracts Unprofitable

The Connecticut PURA said that it will investigate allegations of unfair trade practices made against Mint Energy, LLC by the Connecticut Business & Industry Association, as PURA denied a motion from Mint to not open a proceeding.

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Regulator Issues Notice Of Violation Against Retail Supplier, Seeking $900,000 Civil Penalty

Regulator: "Egregiousness" Of Alleged Violations Prompts Question Of Supplier's Technical And Managerial Capacity

The Public Utilities Regulatory Authority (PURA or Authority) issued a Notice of Violation and Assessment of Civil Penalty (NOV) against Spark Energy, L.P. (Spark or Company) under which PURA would impose a civil penalty in the amount of nine hundred thousand dollars ($900,000) against the Company.

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Connecticut Retail Energy News (Page 23) | EnergyChoiceMatters.com