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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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OPC: Low-Income Customers On Competitive Supply At Single Utility Paying ~$20,000 More Per Month Than SOS, In Aggregate

Utility Voluntarily Provided Aggregate Bill Data To OPC; OPC Asks PSC To Order Other EDCs To Provide Data

The Maryland Office of People's Counsel reported that low-income residential customers who are served by a competitive retail electric supplier at the Southern Maryland Electric Cooperative (SMECO) paid, on average, about $20,000 more in aggregate than what they would have paid under SOS, in each of…

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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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County Agency Seeks Retail Supplier License

The Washington Suburban Sanitary Commission (WSSC), which is a, "bi-county agency of the state of Maryland," applied for a Maryland natural gas license as a supplier/marketer eligible to serve commercial and industrial customers (as discussed below) at Washington Gas Light

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People's Counsel Seeks Order Directing Retail Supplier To Cease Telephonic Solicitations

Show Cause Complaint Prompted By Alleged Telemarketing Call From Supplier To Deputy People's Counsel Containing Alleged Violations

The Maryland Office of People’s Counsel (OPC) petitioned the Maryland PSC to issue an order directing SunSea Energy, LLC to, among other things, cease telephone solicitations in Maryland and to show cause and answer various alleged violations of consumer protection regulations

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Retail Suppliers Oppose New Jersey Fixed Resource Requirement

Exelon, PSEG Propose FRR, Allocation Of Capacity Costs To Retail Suppliers Clean Energy Group Urge Consideration Of Long-Term Contracts For BGS

Various retail suppliers filed comments with the New Jersey BPU opposing, or otherwise expressing concerns with, a Fixed Resource Requirement (FRR), while PSEG and Exelon Generation Company, LLC proposed an "Integrated FRR Procurement" to address resource adequacy and clean energy goals in light of…

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Maryland Retail Energy News (Page 26) | EnergyChoiceMatters.com