March 16, 2022
Retail Supplier Names Industry Vet As Director of Energy Marketing
A retail energy industry veteran was recently named Director of Energy Marketing for…
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March 15, 2022
National Grid Residential, Commercial Default Service Rates To Fall 22%
National Grid has filed new default service electric rates
March 14, 2022
Retail Supplier Launches Service In New State
A retail energy supplier has launched…
March 10, 2022
ISO New England Reports Prices From Capacity Auction
ISO New England released preliminary clearing prices for its Forward Capacity Market (FCA 16) for the 2025-26 term.
March 9, 2022
Energy Marketing Vet Launching New Retail Supplier
A retail energy vet is launching a new supplier
March 3, 2022
Via Renewables (Spark Energy) Provides Update On Purchase Price For 2021 Book Acquisition
Via Grows Customer Book, Reports Q4 And Full-Year Results
Via Renewables, Inc. ("Via Renewables" or the "Company", formerly known as Spark Energy) provided an update on the purchase price for a book acquisition which occurred in 2021, as the Company reported fiscal results for the fourth quarter and full year 2021
February 21, 2022
Utility Proposes Alternative Default Service Procurement Methodology, Potential Mitigation
An EDC has proposed an alternative procurement methodology for default service electricity supply
February 18, 2022
Newly Spun-Off Community Solar Company Offering Retail Energy Shopping Service; Fee Based On Shared Savings
A spun-off company has launched as an independent business focused on accelerating access for customers to community solar and renewable energy and recently launched a, "direct-to-consumer digital platform that offers greater choice in clean energy options and exceptional value through continuous market analysis."
February 10, 2022
Regulator Issues Order On Purchase Of Receivables (POR) Discount Rates
The Massachusetts DPU, at both Eversource (Nstar, East & West) and National Grid, has ordered that the currently effective purchase of receivables discount rates (standard complete billing percentages or SCBPs) shall remain in effect until the Department orders otherwise
January 27, 2022
Retail Supplier Returning Customers To Default Service
Sunwave Gas & Power has informed customers in New England that Sunwave will no longer be serving customers in the ISO-NE market
January 19, 2022
Data Center Operator Selects Supplier For PPA For Massachusetts Facilities
Markley Group, a provider of data center facilities, cloud computing, and network services, announced it has entered a community solar power purchase agreement (PPA) advised by Atlas Retail Energy, with Borrego, a developer, EPC and O&M provider for large-scale renewable energy projects throughout…
January 6, 2022
Retail Supplier Identifies Further Contracts Not Being Included In Book Sale Due To Switch Blocks, Will Drop Such Customers To SOS
Liberty Power Holdings, LLC, and related debtors (collectively, "Liberty"), have identified certain additional pre-petition and post-petition Selected Customer Accounts that are not either being sold to buyer NRG Energy under the previously reported Stalking Horse Agreement or where such the…
January 6, 2022
Retail Energy Broker Announces Sale Process For Business
Trusted Energy LLC d/b/a T.E. Energy Consultants LLC (NJ) announced a sale process for its business
December 27, 2021
Retail Supplier To Return Residential Customers In State To Default Service, Pay $100,000 Under Settlement
Mega Energy of New England, LLC ('Company') and the Delegated Commissioner of the Massachusetts Department of Public Utilities have entered into a settlement agreement under which Mega Energy would return its residential customers in Massachusetts to default service, and pay $100,000.
December 16, 2021
Retail Supplier Preparing Application For Trading On OTC Markets
Summer Energy Holdings, Inc., (the "Company"), a provider of retail electricity to commercial and residential customers in designated target markets within the states of Texas, Massachusetts, New Hampshire, and Ohio, announced that the Company is in the process of preparing its application filing…
December 9, 2021
Retail Supplier Affiliate, Community Solar Provider Team To Offer Community Solar In Massachusetts
Arcadia has teamed with ENGIE North America to deliver community solar in Massachusetts
December 6, 2021
Renewable Energy Marketer Inks Credit Agreement To Help Launch Retail Supply Business
Hampshire Power Corporation announced the signing of a definitive long-term credit agreement with CF Energy Finance, LLC (Capital Foundry) for Hampshire’s current and future energy markets.
November 23, 2021
Regulator Approves Decrease In Residential Purchase Of Receivables (POR) Discount, Increase In Commercial Discount
The Massachusetts DPU approved new Standard Complete Billing Percentages (purchase of receivables [POR] discount rates) at Fitchburg Gas and Electric d/b/a Unitil, effective on and after December 1, 2021
November 22, 2021
Nstar East Residential, Small C&I Default Service Electric Rates Rising 50%
Nstar (Eversource Energy) has filed basic service electric rates with the Massachusetts DPU for its Eastern MA service area for the period beginning January 1, 2022
November 17, 2021
Retail Supplier To Drop Up To 12,000 Customers To Default Service
Town Square Energy, LLC is dropping up to 12,145 customers in Connecticut to default service, unless such customers first select an alternative supplier, due to such customers' contracts expiring during the peak winter season and the high prices that would be applicable if Town Square Energy…
November 16, 2021
Attorney General Warns Customers To Beware Of Retail Suppliers As Default Service Rates Spike
As part of a recently announced education effort to inform customers about various bill payment assistance options and other measures to mitigate the impact of higher energy prices, the office of Massachusetts Attorney General Maura Healey warned customers to, "[b]eware of competitive suppliers."
November 15, 2021
NSTAR Residential, Small C&I Default Service Rates Increasing 45%
NSTAR Electric Company d/b/a Eversource Energy filed with the Massachusetts DPU new basic service electricity rates for its Western Massachusetts service territory (WMA), formerly WMECO, for the period beginning January 1, 2022
November 9, 2021
Municipal Aggregation Consultant Seeks Broker License
MassPowerChoice, LLC applied for a Massachusetts electricity broker license to serve commercial and industrial customers.
November 5, 2021
NRG Won't Acquire Liberty Power Connecticut Customers, Customers Will Be Dropped To Default Service
Liberty Power Holdings, LLC and related affiliates (Liberty, or Debtors) asked a bankruptcy court to approve an amended customer book purchase agreement with NRG under which NRG agrees that it will no longer acquire any Connecticut customers from Liberty as originally contemplated
October 22, 2021
Regulator Caps Default Service Rates, Makes Recovery Of Mitigated Costs Nonbypassable
The Massachusetts DPU has approved a rate mitigation mechanism for basic service (default service) rates at Fitchburg Gas & Electric (Unitil) that will cap an upcoming increase in basic service electric rates for the period December 1, 2021 through May 31, 2022