March 17, 2011
Online Brokering Website EnergyCruncher.com Launches Service
Online energy shopping website EnergyCruncher.com has gone live, initially offering electric brokering in Maryland and the District of Columbia.
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March 11, 2011
Briefly
Phillip Tonge Named President of Spark Energy
March 11, 2011
WGL Seeks June 2011 Start for POR in Maryland
Given the deferral of action by the Maryland PSC on Washington Gas Light's Purchase of Receivables compliance tariff, as well as other scheduling conflicts, WGL has proposed that it implement POR effective with the June 2011 billing cycle.
March 10, 2011
License Briefs
Energy Plus Holdings, LLC Receives Ohio License
March 10, 2011
Md. Staff: Comptroller Informally Says Gas Brokers Do Not Need Sales & Use Tax License
Maryland PSC Staff have been informed orally by the Comptroller of Maryland that a sales and use tax license is not needed for natural gas brokers.
March 9, 2011
NEM Urges D.C. PSC to Implement POR, Cites Synergy with Pepco's Use in Maryland
The introduction of Purchase of Receivables by Pepco in Maryland, "represents an excellent opportunity for Pepco to leverage POR system implementation costs as well as experience," in extending the POR program to the District of Columbia, the National Energy Marketers Association said in comments to…
March 8, 2011
Briefly
Parties Appeal Proposed Order Which Would Eliminate Bypassable SOS Admin. Charge at Pepco, Delmarva
March 8, 2011
Allegheny Power Residential Bills Include Weighted Average SOS Prices for Two Periods, But Only Single Actual SOS Rate
Allegheny Power in Maryland is currently including two weighted average prices of SOS service on its residential bills, but has not yet included recently accepted actual SOS rates through May 31, 2012, according to materials submitted by Allegheny in response to a petition from the Office of…
March 7, 2011
Briefly
Stream Energy confirmed that it will begin accepting residential electric enrollments at Baltimore Gas & Electric and Pepco by March 21. The expansion to Maryland was first reported in Matters ( 1/27 and 3/3 ). Stream has not yet posted pricing for the Maryland offers, but its Maryland terms of…
March 7, 2011
RPM Not Providing for Long-Term SOS Needs, Maryland's Nazarian Says
PJM's Reliability Pricing Model, "may provide near-term value to system reliability, [but] these short term solutions will not provide for long-term SOS needs," Maryland PSC Chairman Douglas Nazarian said in testimony protesting proposed changes from PJM and the PJM Power Providers Group regarding…
March 4, 2011
License Briefs
Interstate Gas Supply Pa. Electric Application Limited to PECO
March 4, 2011
WGES Says Shorter Amortization of WGL POR Costs Would Jeopardize Supplier Participation
Using anything short of a five-year amortization period for Washington Gas Light's purchase of receivables program costs would create an, "unnecessarily high risk that suppliers active in residential markets would either not enter the residential market or forego using the utility’s billing services…
March 3, 2011
Briefly
Stream Energy to Announce Fourth State on March 5
March 3, 2011
License Briefs
Positive Energy Electricity Supply Receives Md. Broker License
March 3, 2011
Maryland PSC to Require Supplier, Broker Applicants to Provide Training, Marketing Materials
The Maryland PSC said yesterday that it will require all electric and natural gas supplier and broker applicants to submit training and marketing materials as part of their application.
March 2, 2011
License Briefs
Vectren Retail Seeking Ohio Electric License
March 1, 2011
Briefly
Nordic Energy Services Receives License to Serve Illinois Residential Customers
Nordic Energy Services said that it has received an amended Illinois electric supplier license to serve residential and other small volume customers. Nordic's application for an amendment was first reported in Matters (12/28) . Pricing for Nordic's new residential products was not immediately…
March 1, 2011
Constellation Supporting ComEd Residential Offer with Direct Mail, Other Channels
Constellation NewEnergy is supporting its Commonwealth Edison residential electric offers with 2.2 million pieces of direct mail, along with a variety of other marketing initiatives, said David Fein, Constellation Energy's Vice President of Energy Policy for the Midwest and Pennsylvania.
March 1, 2011
Spark Energy Launches Network Marketer Ampegy with Excel Communications Veteran
Spark Energy has launched a network marketing affiliate, Ampegy, which will include in a leadership role Steve Smith, co-founder of Excel Communications, a pioneer in the use of multi-level marketing in telecom during the 1990s.
February 28, 2011
Briefly
Connecticut Light & Power on Friday filed an updated Purchase of Receivables discount rate of 0.90%. CL&P will use the new factor effective with the purchase of supplier receivables for April 2011. The updated factor reflects the average uncollectibles factor from the past two years, 1.16% in 2009…
February 25, 2011
Direct Energy Says Texas Churn at Lowest Rate Ever
Despite a 7% decline in total residential energy supply customers year-over-year, Direct Energy said that its Texas residential book saw improved retention, driving churn to its lowest ever level.
February 24, 2011
Briefly
Flash: Direct Energy Loses 90,000 Residential Customers in Second Half of 2010
February 24, 2011
Interstate Gas Supply Acquires Accent Energy, Expanding Electric Service to Illinois, Pennsylvania
Interstate Gas Supply has recently acquired Accent Energy, Interstate Gas Supply disclosed in applying for an Illinois alternative retail electric supplier license.
February 23, 2011
Briefly
Aggie Energy to Offer Partial Renewable Products Aggie Energy, offered by broker Branded Retail Energy Company and supplied by Champion Energy Services, said yesterday that it will begin offering partial renewable plans in a bid to make rates more affordable to customers. Previously, Aggie Energy…
February 23, 2011
Md. PSC Staff, North American Power Agree on $35,000 Payment, Remedial Measures to Resolve Complaint
Maryland PSC Staff have recommended that North American Power and Gas, LLC make a payment of $35,000 to the Fuel Fund of Central Maryland, Inc., along with undertaking various remedial measures, to resolve Staff's complaint against the retail supplier (Case 9253).