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Exelon Reports Impact On Competitive Business From COVID-19

Asked About Prospects For Divesting Generation, CEO Says Non-Nuclear Merchant Generation In Constant "Flux", From Annual Valuation Review

In reporting second quarter results, Exelon reported that the estimated impact of COVID-19 to Exelon utilities’ and Generation’s GAAP Net income as a result of COVID-19 is approximately $100 million and $50 million, respectively, for the second quarter of 2020 and primarily reflects the impact of a…

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Retail Supplier To Pay $200,000 In Refunds Under Assurance of Voluntary Compliance With Attorney General

Agreement Includes List Of Prohibited Terms During Marketing Requires Reporting To AG

SmartEnergy Holdings, LLC is to provide $200,000 in customer refunds under an Assurance of Voluntary Compliance ('AVC' or 'Agreement') with the Attorney General of the State of Illinois to resolve the Attorney General’s inquiry into certain SmartEnergy marketing practices in Illinois.

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Residential Customers On Competitive Supply At ComEd Paid $144 Million More Than Default Service Over Last Twelve Months, Annual ORMD Report Says

Customers On Retail Supply Paying On Average 1.7¢/kWh More Than ComEd Share Of Competitive Supply Residential Customers Served By Municipal Aggregations Grows 35% At ComEd, Nears 60%

The Illinois Commerce Commission's Office of Retail Market Development has published its annual retail market report, which includes a comparison of costs paid by customers served by an alternative retail electric suppliers (ARES), including through municipal aggregation, versus the costs that would…

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Wells Fargo Selects Retail Supplier To Serve 1,200 Locations

Wells Fargo today announced structured renewable energy agreements with Shell Energy North America (US), L.P. (Shell Energy), and its wholly owned subsidiary MP2 Energy LLC (MP2 Energy), to secure approximately 150,000 megawatt-hours of renewable energy annually under a renewable retail supply…

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Environmental Group Files Complaint Against Retail Supplier

The Environmental Law & Policy Center (ELPC) has filed a formal complaint at the Illinois Commerce Commission against CleanChoice Energy, Inc. (CleanChoice), alleging violations of Part 412 of the Illinois Commerce Commission’s regulations, the Public Utilities Act, and the Consumer Fraud and…

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Illinois Retail Energy News (Page 14) | EnergyChoiceMatters.com