April 17, 2014
Statutory Interpretation Could Triple Cost of REC Compliance for Retail Suppliers
The interpretation of a June 2013 Connecticut statute could triple the cost for retail suppliers to meet Connecticut's Class III RPS.
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April 16, 2014
License Briefs
Kratos Gas & Power Receives License in New State
April 15, 2014
Conn. Attorney General Alleges Generator "May Have" Exercised Market Power in Capacity Market
George Jepsen, Attorney General for the State of Connecticut, petitioned FERC to investigate the results from the 2017-18 ISO New England Forward Capacity Auction, alleging that a generator, "may have exercised market power."
April 15, 2014
License Briefs
TriEagle Energy Seeks License in New State
April 11, 2014
SaveOnEnergy.com Announces Aggressive Expansion into Northeast
Online retail energy comparison website SaveOnEnergy.com has announced an aggressive expansion of its presence in the Northeast energy markets.
April 8, 2014
Choose Energy Offering Platform to Referral Channel Partners Under 'Energy Mayor' Program
Choose Energy is making its online shopping comparison platform available to various referral channel partners -- energy consultants, school and charity groups, real estate professionals, and other community organizations -- who would otherwise drive their constituents to a single retail supplier.
April 8, 2014
Connecticut Utilities to Send Bill Inserts Warning on Variable Rates
Connecticut Light & Power and United Illuminating, in consultation with PURA Staff, have developed bill inserts proposed to be issued with their May bills which warn customers about high variable rates recently experienced by certain competitive supply customers.
April 7, 2014
Lumens Energy to Acquire Retail Supplier
Lumens Energy Supply CT LLC is to acquire Aequitas Energy, Inc. under a proposed transaction
April 3, 2014
RESA Alleges Utility Breached Supplier Service Agreement By Disclosing Confidential Information
The Retail Energy Supply Association alleged that Connecticut Light & Power's, "recent unauthorized public release of its members' confidential and trade secret information," had, "resulted in a material breach of the SSA [Supplier Service Agreement]."
April 2, 2014
ISO New England Files to Implement Sloped Demand Curve for Capacity Market, Net CONE Equals $11/kW
ISO New England has filed at FERC to implement a system-wide sloped demand curve in its capacity market for Forward Capacity Auction 9 to be held in February 2015, for the 2018-19 delivery year.
April 2, 2014
Connecticut Gov. Proposes Legislation to Require Written Consent to Switch Customer from Fixed to Variable Rate; Curb Termination Fees
Connecticut Governor Dannel Malloy, Attorney General George Jepsen, Consumer Counsel Elin Swanson Katz and State Senate President Pro Tempore Donald Williams, Jr. are proposing legislation, the Electric Supplier Consumers' Bill of Rights, that would, among other things, require affirmative consent…
March 31, 2014
Texas Broker Expanding Nationally
Texas-based broker Energy Choice Solutions LLC d/b/a EnergyWize Services LLC is currently expanding to 12 additional states beyond Texas.
March 26, 2014
NRG Regulatory Director: 'Appalled' By Retail Suppliers Operating Out of 'Basement', Wants Tougher Licensing Standard
Two large retail suppliers told the Connecticut PURA yesterday that one of the solutions to the recent tumult in the retail market is to increase the licensing standards applicable to retail suppliers.
March 24, 2014
License Briefs
Start-up Broker Led By Former Hess Account Manager Licensed in New State
March 24, 2014
Retail Supplier: Pricing Pressures 'Will' Lead to Consolidation; Could 'Improve' Retail Market
Pricing pressures facing retail energy suppliers "will drive consolidation" and, "could well improve the market," Direct Energy said in comments to the Connecticut PURA.
March 21, 2014
Tradition Energy Adds Northeast Retail Market Veteran to Team
Tradition Energy announced that it has expanded its team with the addition of Robert Kane as Energy Advisor, who will focus on meeting growing market demand for energy procurement advice from Northeast medium and large energy consumers.
March 20, 2014
Crius Energy and Frontier Communications Expand Partnership to Include Solar Services
Crius Energy and Frontier Communications announced today they have expanded their strategic partnership to offer solar power to residential customers.
March 18, 2014
Yes, The Connecticut Retail Market Is Losing Customers, But It's Not the First Time
The Hartford Business Journal has a story reporting that, "For the first time since its inception, the alternative electricity supplier industry in Connecticut is losing customers."
March 18, 2014
Retail Supplier Cites "Failure" of Wholesale Markets "To Meet Demand At Reasonable Prices", Warns on Customer Churn
"The failure of the wholesale markets to meet demand at reasonable prices," required IDT Energy to raise its rates significantly to cover these costs, as the company expects to record increased churn during the first quarter, it said in reporting full-year 2013 earnings
March 17, 2014
RESA: Connecticut Proposals Could 'Collapse' Retail Market; Seeks Delay in 'Fact Finding' Session
Taken together, the 25 retail electric market proposals on which the Connecticut PURA sought comment, "could stifle and ultimately collapse the retail electric supply market in Connecticut," the Retail Energy Supply Association said in a request to postpone a fact finding session announced by PURA.
March 17, 2014
Major Energy Seeks License in New State
Major Energy Electric Services LLC applied for a Connecticut electric supplier license to serve all customer classes in all service areas.
March 17, 2014
Reality: Merchant Generators Don't Care If Retail Choice Dies
If you're an independent retail supplier, and particularly one which started after the 2005-07 bloodbath in the retail market, you need to understand one thing, if it's not already apparent: the leading advocates of "competitive" markets -- meaning non-price-regulated generators, most of whom own…
March 13, 2014
License Briefs
Pennsylvania Electric Supplier to Expand to Natural Gas Service
March 13, 2014
Connecticut Procurement Manager Proposes Changes in Default Service Procurement
Connecticut's power procurement manager has proposed further changes to the procurement of Standard Service electricity supply.
March 12, 2014
Proposal Would Require Utility to Verify Consent for All Customer Switches, Ban Variable Rates
The Connecticut PURA has invited stakeholders to submit, "written comments on the following topics or proposed rules and requirements," for electric suppliers.