May 12, 2017
License Briefs
BlueRock Energy, Inc. has received a registration as a Connecticut natural gas supplier.
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May 5, 2017
Dynegy CEO On Zone 4 Capacity: "MISO Is Not Going To Fix Their Market"
Asked by an analyst during an earnings call this morning when Dynegy should stop waiting for, in the analyst's words, "the MISO magical regulatory fix," and instead accelerate a rationalization of Dynegy's generating assets in Midcontinent ISO Zone 4, Dynegy CEO Robert Flexon answered, "I certainly…
May 5, 2017
Dynegy CEO Says Trends "Favorable" For Retail Growth, Actively Pursuing New Markets
Retail Growth Remains A Top Goal After Deleveraging
In reporting earnings today, Dynegy reported that it is actively pursuing broadening its retail business beyond Ohio and Illinois
May 3, 2017
U.S. Retail Supplier Entering Japan, Said To Be Second U.S. Supplier Licensed In Market
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.
May 1, 2017
Global Commodities Merchant Officially Announces Start of New Retail Business Operations
Freepoint Commodities LLC officially announced today that its retail energy supply subsidiary, Freepoint Energy Solutions LLC has commenced operations.
April 26, 2017
MC Squared Energy Services Launches "Guaranteed Energy Savings" Program
MC Squared Energy Services, LLC (mc2) has launched a new "Guaranteed Energy Savings" program at Commonwealth Edison in Illinois, which guarantees savings versus the Purchased Electricity Charges tariff rate
April 25, 2017
Retail Supplier To Be Acquired By Publicly Traded Firm
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.
April 24, 2017
Retail Gas Supplier Serving 100,000+ Customers Expanding To Electricity, Hires VP To Lead New Business
Vista Energy Marketing, L.P. is expanding from retail natural gas supply to retail electricity supply, having recently applied for or obtained electric licenses in a number of states
April 17, 2017
License Briefs
U.S. Gas & Electric Seeks License In New State
April 14, 2017
MISO Capacity Prices (Including Illinois, Michigan) Crater
MISO Says Still Working With Illinois On "State-Based" Approach For Long-Term Resource Adequacy
Clearing prices in the Midcontinent ISO capacity auction for the 2017-18 delivery year were $1.50/MW-day for all zones.
April 13, 2017
Direct Energy Launches Energy Offers Bundled With Own Brand (Hive) Smart Thermostat In Texas, Five Other States
Direct Energy has begun offering retail electricity and natural gas plans in six states bundled with a Hive Active Thermostat, the connected home brand of its parent Centrica
April 4, 2017
Satori Energy Acquires Broker-Consultant
David C. Wiers, President of Satori Energy, announced that Satori Energy has acquired the assets of Chicago-based Energy Choices, Inc.
April 3, 2017
Reliant Seeks To Serve Customers In New Service Area
Reliant Energy Northeast LLC applied for an amendment to its Illinois alternative retail electric supplier license to include service to all customer classes, including residential customers, at Ameren
March 29, 2017
Draft Drops Proposal For Comprehensive Uniform, Approved Training Of Retail Supplier Agents
A proposed second notice order from an Illinois ALJ concerning broad changes to the retail electric marketing rules would delete an earlier proposal for a comprehensive mandatory uniform training program, approved by the ICC, for all sales agents
March 29, 2017
Latest Draft Would Tweak Prohibition on Use of Utility Name By Retail Suppliers To Reflect Use Of Long-Standing Names
A proposed second notice order from an Illinois ALJ revises earlier language concerning the prohibition on the use of a utility's name by a retail supplier to reflect long-standing use of a name in the market.
March 27, 2017
Regulator Drops Earlier Proposal That Retail Supplier Renewal Offers Include "Side By Side" Comparison of Rates Under Current Contract, Renewal Offer
In a proposed second notice order to adopt a host of new retail electric marketing rules, an Illinois ALJ is proposing to drop an earlier proposal that would have required a "side by side" comparison of current and new rates when a customer is provided a renewal offer or notice.
March 27, 2017
Parent Re-branding One Of Its Retail Suppliers
Effective April 1st, Just Energy is re-branding its Commerce Energy subsidiary as Just Energy
March 27, 2017
State Moves Closer To Adopting Separate "Written" Notice for Variable Rate Increases Greater Than 20%, Additional Disclosures
An Illinois ALJ has issued a proposed second notice order to adopt a host of new retail electric marketing rules, including new rules requiring the advance posting of variable rates, including a separate notice for rate increases above a set threshold.
March 27, 2017
States Moves Closer To Requiring Double Verification (LOA and TPV) For All In-Person Sales
An Illinois ALJ has issued a proposed second notice order to adopt a host of new retail electric marketing rules, including new rules that would subject all in-person sales, including multi-level marketing sales, and sales conducted outside the customer's home (such as at kiosks), to the same…
March 24, 2017
Court Dismisses RICO Claims, Suit That Had Sought Class Action Status Against Retail Supplier, In Granting Summary Judgment
Says Auto-Renewal Onto Variable Rate Does Not Amount To Mail/Wire Fraud
A federal judge for the United States District Court For The Northern District Of Illinois, Eastern Division has granted summary judgment in favor of Ambit Energy, and dismissed a suit, that had sought class auction status, that had alleged that Ambit violated the Racketeer Influenced and Corrupt…
March 23, 2017
Illinois Regulators Open "NextGrid" Investigation On Utility of the Future, Consumers, Markets
The Illinois Commerce Commission will initiate a collaborative process called NextGrid, "in which the industry and other stakeholders can develop a shared base of information and work to build consensus on critical issues facing the electric utility industry now and as it continues to rapidly…
March 22, 2017
LifeEnergy (LS Power) Affiliate Launches Service In Four New States
LifeEnergy, LLC, an affiliate of LS Power, announced that it has expanded its electricity offerings to Maryland, New Jersey, the District of Columbia, and Delaware.
March 22, 2017
Group Purchasing Organization With 10,000+ Member Locations Selects Retail Supplier
CHAMPS Group Purchasing, a group purchasing organization originally focused on various health care institutions but which has expanded to non-health members, announced that it signed an expanded contract with IGS Energy to offer IGS services to its members under an agreement that runs through Oct.…
March 16, 2017
License Briefs
Source Power & Gas Seeks To Serve New Service Area
March 13, 2017
Retail Supplier Announces Broadband Services Provider To Offer Supplier's Integrated Energy Platform
Crius Energy, LLC ("Crius Energy") has entered into a three-year strategic agreement with Rise Broadband, which Crius said is the largest fixed wireless internet and digital voice provider in the U.S., to offer energy products to Rise's customers through the Energy Rewards Integrated Energy Platform…