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District of Columbia

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PSC Denies Proposed Retail Auctions for Default Service With Scathing Rebuke

PSC: Georgia Gas Model a "Widely Viewed" As A "Failure" PSC: Texas "Anything But" A Success PSC: No State Has Ever Adopted Successful Retail Auction for SOS As Sought By Retail Suppliers

In an order on its review of electricity SOS ( see related story today here on other parts of the order ), the District of Columbia PSC flatly rejected various proposals offered by retail suppliers for a retail model default service.

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PSC Issues Major Order On Structure, Design, and Procurement of Default Service --And It's Bad News For Retail Suppliers

Current Bypassable Adder Removed From SOS PSC Won't "Coerce" Customers Off SOS Essentially All Of Retail Suppliers' Sought Changes Rejected

The District of Columbia PSC has issued an order in its investigation into the current structure of electricity SOS, and essentially rejected all proposed changes from retail suppliers, while removing the current bypassable adder to SOS rates.

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Update: Crius Energy Trust To Acquire U.S. Gas & Electric

MVC Says Crius Acquisition of USG&E Determined To Be Superior To Equus Transaction Crius Energy Trust Announces Acquisition of U.S. Gas & Electric, Inc. and C$110 Million Bought Deal Offering of Subscription Receipts

Update, 5/31: MVC Capital, Inc., the parent of U.S. Gas & Electric, Inc., said that the Crius Acquisition (first reported yesterday, see below) was determined to be superior to the Equus transaction announced last month.

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District of Columbia Retail Energy News (Page 17) | EnergyChoiceMatters.com