July 27, 2017
Direct Energy is extending its Connect to Comfort 24 Plan, which includes a Hive smart thermostat and subscription plan, to both natural gas and electricity customers in Connecticut, Maine, Massachusetts, Michigan, New Hampshire, New Jersey, New York, Rhode Island and the District of Columbia.
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July 26, 2017
Will Lead Innovation, Expansion Stream Announces New State For Energy Services
Stream (formerly Stream Energy) named Leticia Castellanos as its Vice President and General Manager of Energy Services.
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July 19, 2017
Utility Proposes Changes In Enrollment Timeline, Procedures
Washington Gas Light has filed with the District of Columbia PSC a proposed plan for implementing purchase of receivables.
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July 13, 2017
Retail supplier CleanChoice Energy announced that it has launched CleanChoice Small Business, a new service that will allow small businesses to purchase 100% clean energy with no upfront investment, setup fees or installation.
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July 11, 2017
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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July 11, 2017
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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July 7, 2017
Seeks Info On Incremental Cost of Utility's Billing For Retail Suppliers
The District of Columbia PSC adopted an order concerning a new billing system at Washington Gas Light, ordering WGL to make the bill-ready billing format available to competitive service providers (CSPs) within 60 days
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July 5, 2017
New Variable Rate Disclosures Proposed Rescission Period Would Be Extended Distributed Generation Providers Would Be Included in "Energy Supplier" Definition Accelerated Switching Proposed
The District of Columbia PSC has issued proposed revisions to various retail electric and natural gas rules
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June 29, 2017
MPower Energy Receives Supplier License In New State
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June 28, 2017
Would Require Suppliers To Post "Adequate" Rate, Service Info For Residential And Small Commercial Offers Online Would Limit Retail Licenses To Five Years
The District of Columbia PSC recently issued proposed new rules governing natural gas supplier licensing which includes the definition for a new term: "Customer Consent Form."
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June 16, 2017
The District of Columbia PSC ordered that Washington Gas Light shall develop a purchase of receivables program, as the PSC adopted major design elements of the program.
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June 15, 2017
After the District of Columbia PSC recently ruled that Washington Gas Light erred by resolving retail supplier over-deliveries during a period of the winter of 2008-2009 through cash payments instead of volumetric adjustments, WGL is now seeking to recover from retail suppliers reimbursement for…
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June 12, 2017
IDT Energy, Inc., announced today that it has launched indirect energy procurement and advisory services for commercial and industrial customers.
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June 9, 2017
People's Counsel Has Been Enforcing Own Interpretation Requiring Written Signature For Telephonic Sales, In Addressing Complaints
The District of Columbia PSC issued an order concerning retail electric contract authorizations which, "clarifies that only in written contracts between customers and suppliers are written signatures required from customers."
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June 8, 2017
Monumental Sports & Entertainment and WGL Energy Services, Inc. announced a partnership that will allow Verizon Center, home to the Washington Wizards, Capitals, Mystics and Valor, to purchase power from a new solar facility in Maryland.
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June 1, 2017
South Jersey Energy Company applied for a Maryland natural gas supplier license to serve commercial and industrial customers in all service areas
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May 31, 2017
The Chron Organization, Inc. announced today that it has entered into a strategic marketing agreement with Viridian International Management, a direct selling organization, for medium to large commercial energy supply and related services.
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May 30, 2017
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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May 24, 2017
PJM's base residual auction for the 2020-21 delivery year, the first auction which exclusively procured 100% capacity performance resources, saw capacity prices jump in EMAAC, with rest-of-RTO prices down versus the year-ago auction
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May 11, 2017
In addressing customer complaints, the District of Columbia Office of People's Counsel has interpreted the District's regulations as requiring a signature for telephonic retail electric sales, prompting Clearview Electric to file a petition with the D.C. PSC to clarify whether a written signature is…
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May 3, 2017
PALMco Energy announced its first international expansion with the introduction of electricity supply services into the Japanese energy market. The service will be provided by Family Energy, GK, an affiliate of PALMco Energy.
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April 27, 2017
Mint Energy Receives License In New State
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April 25, 2017
Pilot TOU SOS Rate Would Also Be Created Utility Would Install 50 EV Chargers At 50% Discount To Customers
Pepco has petitioned the District of Columbia PSC for an electric vehicle demand management pilot that would include the ability for Pepco to offer SOS customers participating in the pilot 100% renewable electricity
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April 25, 2017
Implied Total Enterprise Value Under Transaction Is $167 Million Purchaser Cites Potential For More Strategic Acquisitions
MVC Capital, Inc. announced that Equus Total Return, Inc., a publicly-traded business development company that previously announced its intention to become an operating company, has entered into a definitive agreement to acquire MVC’s largest portfolio holding, U.S. Gas & Electric, Inc.
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April 10, 2017
The District of Columbia has approved new purchase of receivables discount rates at Pepco, effective April 7.
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