December 4, 2012
Updated: Xoom Energy Acquires Planet Energy's Customers in Three States
Updated to include service areas, confirmation on Planet's US operations
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December 3, 2012
Breaking: Xoom Energy Acquires Planet Energy's Customers in Three States
Updated: Xoom Energy Acquires Planet Energy's Customers in Three States
November 30, 2012
License Briefs
Entrust Energy Affiliate North Eastern States Seeking License in Another New State
November 29, 2012
Maryland Orders WGL to Apply Late Payment Revenues to POR Discount; Residential Discount Now Under 1%
The Maryland PSC ordered Washington Gas Light to use revenues from late payment fees as an offset to the purchase of receivables discount, resulting in a lower POR discount rate which will go into effect with January 2013 billings.
November 28, 2012
Maryland PSC to Hold Rulemaking Session on Switching Rules
The Maryland PSC will conduct a rulemaking session on January 9, 2013 to consider whether to finally adopt the proposed revisions to COMAR 20.52.03 relating to conforming changes to the electric switching period.
November 27, 2012
WGL Retail Marketing Segment Reports Record Yearly Earnings, Sees Customer Churn During Q4
WGL Holdings' retail energy marketing segment recently reported non-GAAP operating earnings of $8.9 million for the quarter ended September 30, 2012 (fourth quarter of fiscal 2012), compared to non-GAAP operating earnings of $11.8 million for the same quarter of the prior fiscal year.
November 27, 2012
License Briefs
Start-up NG Energy Michigan Seeks Supplier License
November 26, 2012
Maryland Staff Again Recommend 70% Cut in Filed POR Discount Rate for Washington Gas Light
Staff of the Maryland PSC have recommended that the Commission adopt a four-year amortization of IT implementation costs related to Washington Gas Light purchase of receivables, which results in the updated discount rate for residential receivables being cut by 70% versus the filed updated rate.
November 23, 2012
Surprise! BGE SOS Customers to Receive Bypassable 3¢/kWh Credit in January
Baltimore Gas & Electric has filed a true-up to the bypassable charges applicable to Type II SOS customers, which are designed to recover prior rate mitigation credits, with the proposed true-up resulting in Type II Schedule GS SOS customers receiving a nearly 3¢/kWh credit for the month of January…
November 21, 2012
License Briefs
Entrust Energy Affiliate North Eastern States Seeking Gas, Electric Supplier Licenses in New State
November 20, 2012
Briefly
Washington Ho Joins Unified Energy Services
November 20, 2012
License Briefs
Noble Americas Subsidiary Focused on Mass Market Seeks Licenses in New State
November 15, 2012
License Briefs
Entrust Energy Affiliate North Eastern States Seeks License in New State
November 15, 2012
Exelon to Pay $400,000 Under Settlement With Justice Dept.
Under a settlement with the U.S. Department of Justice, Exelon has agreed to make a civil payment of $400,000 to the United States Treasury to resolve allegations that Exelon violated a prior court order, which adopted conditions on its merger with Constellation, due to "inadvertent" errors which…
November 13, 2012
IDT Energy Sees Increased Customer Growth
IDT Energy reported higher customer growth during the three months ended September 30, 2012 (third quarter), versus the three months ended June 30, 2012.
November 13, 2012
Washington Gas Light Files New Update to POR Discount Rates, Residential Rate Still Approaches 6%
Washington Gas Light has filed updates to its prior proposed increases in the purchase of receivables discount rates with the Maryland PSC, and while the newly updated rates are lower, the residential discount rate which results under the current tariff still approaches 6%
November 12, 2012
License Briefs
New Retail Electric Provider Certificated in Texas
November 9, 2012
Higher Volumes of Direct Retail Sales Lift FirstEnergy Solutions Margin
Higher volumes of competitive retail sales directly to large and mass market customers by FirstEnergy Solutions in the third quarter of 2012 more than offset the negative impact of lower pricing and produced increased commodity margin, versus the year-ago quarter, FirstEnergy Corp. said in reporting…
November 9, 2012
Mass Megawatts to Launch Retail Energy Sales Division
Mass Megawatts Wind Power, Inc. this morning announced plans, "to position itself as an affordable, green-energy supplier in the Northeast region of the United States," with the launch of a retail energy sales division in December.
November 9, 2012
License Briefs
Start-up Collegiate Clean Energy Seeks Supplier License
November 6, 2012
License Briefs
CenStar Energy Corp. Receives Supplier License in New State
November 5, 2012
Baltimore Gas & Electric Files New SOS Rates
Baltimore Gas and Electric has filed with the Maryland PSC new Type II SOS rates for the period beginning December 1, 2012, and projected mass market SOS rates for the period starting June 1, 2013.
November 5, 2012
Illinois Denies, Without Prejudice, Expanded License for Retail Supplier, Citing Complaints
The Illinois Commerce Commission denied, without prejudice, the application of HIKO Energy, LLC for an expanded alternative retail electric supplier license, citing concerns about complaints.
November 2, 2012
Constellation Tempers Retail Expectations on Aggressive Competition, Pricing
Exelon has cut its outlook for retail supply volumes and margins from an earlier forecast in response to, "aggressive competition and pricing," Exelon CEO Chris Crane said during an earnings call yesterday.
November 1, 2012
Potomac Edison Files New SOS Rates
Potomac Edison has filed new Type II SOS rates for the three month period beginning December 1.