August 19, 2021
PSC Imposes $400,000 Civil Penalty On Retail Supplier, Won't Revoke License
The Maryland PSC issued an order imposing a civil penalty of $400,000 against SunSea Energy, LLC.
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August 12, 2021
PSEG Enters Agreement To Sell PSEG Fossil Generating Portfolio, Buyer Named
Public Service Enterprise Group (PSEG) has entered into an agreement to sell its 6,750-megawatt fossil generating portfolio to newly formed subsidiaries of ArcLight Energy Partners Fund VII, L.P., a fund controlled by ArcLight Capital Partners, LLC for aggregate consideration of approximately $1.92…
July 30, 2021
AltaGas Reports "Marked Improvements" In Retail Energy Marketing Business, Higher Margins From Stronger Pricing Environment (WGL Energy)
In reporting second quarter results, AltaGas Ltd. reported "marked improvements" in its retail energy marketing business due to, "a stronger pricing environment and improved power and gas margins."
July 27, 2021
Shell To Acquire Retail Energy Supplier Serving Over 200,000 Residential Customers
Shell New Energies US LLC (Shell), a subsidiary of Royal Dutch Shell plc, has signed an agreement to buy 100% of the equity interests of Inspire Energy Capital LLC (Inspire), a renewable energy residential retail energy supplier with joint headquarters in Santa Monica, CA and Philadelphia, PA.
July 22, 2021
PSC Begins Process To Implement New Law Allowing Opt-out Municipal Aggregation Pilot
The Maryland PSC has initiated Public Conference 54 ('PC 54') to implement certain requirements under House Bill 768 ('HB768'), enacted during the 2021 Maryland legislative session and establishing the Montgomery County Community Aggregation Pilot Program.
July 14, 2021
Texas Natural Gas Marketer Launching Retail Supplier To Serve Northeast Markets
IGT Ohio applied for an Ohio retail natural gas supplier license to serve all customer classes in all service areas.
July 13, 2021
New Mitsubishi Retail Energy Subsidiary Receives License In New State
The Public Utilities Commission of Ohio granted Diamond Energy East, LLC an electric supplier license to serve all customer classes in all service areas
July 8, 2021
New Mitsubishi Retail Energy Subsidiary Seeks License In Yet Another New State
Diamond Energy East, LLC, which is ultimately a subsidiary of Mitsubishi Corporation, applied for a District of Columbia electric supplier license to serve all customer classes, including residential customers
July 8, 2021
PJM Board Of Managers Approves Proposal To Address Capacity Market Reform; Addresses Default Service Auctions
PJM Interconnection's Board of Managers has approved a proposal to address what PJM termed, "long-standing concerns with the Minimum Offer Price Rule (MOPR) in the PJM capacity market."
July 2, 2021
Retail Supplier To Contribute 100% Of Its Equity Interests To Joint Venture With Another Supplier
By the end of 2021, Dominion Energy, Inc. will contribute 100% of its equity interests in retail supplier Dominion Energy Solutions, Inc. to Wrangler Retail Gas Holdings, Inc. (Wrangler), the previously reported joint venture owned 80% by Interstate Gas Supply, Inc. and 20% by Dominion Energy, Inc.
July 1, 2021
After Court Directive, PSC Adopts Findings In Support Of Approving Utility's Renewable SOS Option For Non-shopping Customers
The Maryland PSC has adopted an order setting forth its conclusions that led to its approval, last year, of the optional renewable electricity Standard Offer Service – Green (SOS-G) rider offered by Southern Maryland Electric Cooperative to its default service customers.
June 30, 2021
New Mitsubishi Retail Energy Subsidiary Seeks License In Another New State
Diamond Energy East, LLC, which is ultimately a subsidiary of Mitsubishi Corporation, applied for a Maryland electric supplier license to serve all customer classes, including residential customers, in all service areas
June 29, 2021
Private Equity Firm Closes On Acquisition Of Retail Energy Supplier
Effective June 16, 2021, Gainline Equity Fund LP ('Gainline') has indirectly acquired a majority of the limited liability company interests in Atlantic Energy Group LLC ('Atlantic Energy Group'), which is the direct parent company of retail energy supplier Atlantic Energy MD, LLC
June 10, 2021
PSC Approves Higher Purchase Of Receivables (POR) Discount Rates At Several Utilities
The Maryland PSC recently approved new purchase of receivables (POR) discount rates at the four investor-owned utilities. The effective date varies by utility.
June 2, 2021
Sunnova Launches Solar + Storage Lease Service Offerings In Texas, Pennsylvania, New York & Three Other Retail Choice States
Sunnova Energy International Inc. has expanded its lease service offerings, for solar + Tesla and Generac storage systems, to nine new markets: Illinois, Maryland, New Mexico, Pennsylvania, South Carolina, Texas, Florida, New York and Rhode Island homeowners
June 2, 2021
PJM Rest-Of-RTO BRA Capacity Price Falls By Nearly $100/MW-day For 2022-23; Locational Prices Drop Significantly As Well
PJM's base residual auction for the 2022-23 delivery year saw Rest-of-RTO and most locational prices drop significantly versus 2021-22
May 21, 2021
PSC Staff Seeks Order Enjoining Retail Supplier From Marketing
The Staff of the Public Service Commission of Maryland (Staff) filed a Motion to Enjoin Statewise Energy Maryland, LLC from marketing in Maryland during the pendency of a complaint proceeding brought by Staff against Statewise
May 17, 2021
PJM IMM Says Creation Of D.C.-Specific Fixed Resource Requirement Would Increase Capacity Prices For D.C. Customers, Though Costs Fall Under One FRR Scenario
Analysis Prepared At Request Of D.C. PSC Chair
In response to a request from District of Columbia PSC Chairman Willie L. Phillips, the PJM Independent Market Monitor analyzed the impacts of the creation of Fixed Resource Requirement (FRR) entities in the District of Columbia (DC). FRR entities elect to not participate in the PJM Capacity Market…
May 14, 2021
Retail Supplier To Pay $150,000 Under Settlement With PSC Staff
Would Pay $305,000 In Early Termination Fee Refunds
U.S. Gas & Electric, Inc. d/b/a Maryland Gas & Electric and Energy Service Providers, Inc. d/b/a Maryland Gas & Electric (together, 'MDG&E'), would pay a civil penalty of $150,000 and provide certain customer re-rates under a partial settlement with Staff of the Maryland Public Service Commission…
May 10, 2021
PSC Approves Increase In Purchase Of Receivables (POR) Discount Rate
The District of Columbia PSC approved new purchase of receivables (POR) discount rates at Washington Gas Light, with the new rates effective immediately
May 3, 2021
Talen Energy Unveils 1 Gigawatt of Battery Storage Development Projects
Talen Energy Corporation ("Talen" or "the company") announced today that, as part of its strategic transformation to a "renewable energy and digital infrastructure growth platform," the company is developing one gigawatt of stand-alone battery storage projects across its U.S. footprint.
May 3, 2021
BGE Residential Generation Rate To Increase 12% In October
Baltimore Gas & Electric has filed new residential and Type I SOS rates for the period beginning October 1, 2021, new Type II rates for the three-month period beginning June 1, 2021, and new bypassable SOS admin. charges, to be effective June 1, 2021 (impacting the previously set summer 2021 SOS…
April 30, 2021
Three Utilities File New Purchase Of Receivables (POR) Discount Rates; Includes Higher Discounts For Some Residential, Small C&I Classes
In Maryland, Pepco, Delmarva, and Potomac Edison have filed new purchase of receivables (POR) discount rates, to be effective June 1, 2021.
April 29, 2021
Retail Supplier To Pay $125,000 Under Settlement With PSC Staff
Direct Energy Services, LLC ('Direct' or 'Direct Energy') would pay a civil penalty of $125,000 under a partial settlement with Staff of the Maryland Public Service Commission ('Staff') and the Maryland Office of Peoples Counsel ('OPC') to resolve certain alleged violations of COMAR
April 20, 2021
BGE Files New Purchase Of Receivables POR Discount Rates
Baltimore Gas & Electric has filed with the Maryland PSC new purchase of receivables (POR) discount rates.