March 17, 2021
National Grid Residential, Commercial Default Service Rates To Decrease 20%
National Grid has filed with the Massachusetts DPU new electricity basic service rates for the period beginning May 1, 2021.
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March 17, 2021
Hearing Officer Orders Development Of Straw Proposal For Calculation Of Monthly Wholesale Index Cost For Use In Comparison To Retail Supplier Variable Rate Offerings
A Massachusetts DPU hearing officer issued directives to retail energy suppliers and DPU Staff to develop straw proposals regarding various Tier Two initiatives in the DPU's ongoing retail energy markets investigation (DPU 19-07)
March 16, 2021
Utility Seeks To Maintain Current POR Discount Rates, Saying Change Under Normal Formula Would Result In Higher Than Normal Payments To Retail Suppliers Due To Shut-off Moratoriums
Another Utility Files Negative POR Discount Rate For Residential Service
Nstar (Eversource) has filed with the Massachusetts DPU proposed purchase of receivables discount rates (standard complete billing percentages) to be effective May 1, 2021, with Nstar seeking to maintain the current level of POR discount rates because it says that a shut-off moratorium would…
March 5, 2021
Customers Begin Receiving Refunds As Part Of $10 Million Settlement With Retail Supplier
Massachusetts Attorney General Maura Healey announced today that customers of competitive retail electric supplier Starion Energy, Inc. (Starion) are beginning to receive restitution payments as part of a previously reported $10 million settlement reached with the AG’s Office over allegations that…
March 4, 2021
Spark Energy Reports 20% Decline In RCEs From Sept. 30 To Dec. 31, 2020
Spark Seeing, "Increased M&A Opportunities"
In a 10-K, Spark Energy disclosed a nearly 20% decline in its residential customer equivalents (RCE) count from September 30, 2020 to December 31, 2020, as the company continues to shift away from lower margin C&I accounts and new customer additions were hampered by COVID restrictions
February 12, 2021
Capacity Auction Clearing Prices Higher For 2024-25 Term Across ISO-NE; Double In Southeast New England Zone
ISO New England released preliminary clearing prices for its Forward Capacity Market (FCA 15) for the 2024-25 term.
February 11, 2021
Backed By AG, Bills Re-Filed With Legislature To End Residential Electric Choice
Massachusetts Attorney General Maura Healey announced that bills (SD674 / HD1614) have been re-filed with the Massachusetts legislature that would ban new competitive electric supply contracts for individual residential customers beginning in 2022.
February 5, 2021
Arcadia Partners With Goldman Sachs, Biogen to Offer Clean Energy to Homes as an Employee Benefit
Arcadia, which describes itself as, "a monthly subscription service that connects renters and homeowners across the U.S. to clean energy through their existing utility," announced a new partnership with Goldman Sachs that will offer all of the firm's U.S.-based employees access to 100% clean energy…
January 14, 2021
GREENCROWN Energy & Water Selected To Manage Energy, Including Supply Procurement, At 22 College Campuses
Lincoln Educational Services Corporation, a provider of career education and specialized technical training, has selected GREENCROWN Energy & Water to manage its entire energy portfolio, and to drive sustainability at all campuses nationwide.
January 14, 2021
Constellation Selected By Massachusetts Information Technology Center For $17M Energy Efficiency Project
The Massachusetts Division of Capital Management and Maintenance (DCAMM) has selected Constellation, an Exelon company, to implement more than $17 million in energy efficiency improvements at the Massachusetts Information Technology Center (MITC).
January 8, 2021
Utilities Propose Alternatives To Enroll-By-Wallet Mechanism
During a technical session, the Massachusetts electric distribution companies offered several proposed alternatives that would allow customers to enroll "on the go" while still relying on use of the account number for enrollments, instead of personal data contemplated under "enroll by wallet"…
December 18, 2020
Regulator Issues Directive To Retail Suppliers On Displaying Minimum Percentage Of Renewable Energy Given New Standard
A Massachusetts DPU hearing officer issued an email to retail suppliers concerning the display of the the minimum percentage of renewable energy resources that electric supply products must include, given the implementation of the new Clean Energy Standard for Clean Existing Generation Units…
December 16, 2020
DPU Directs Boston To Cease Marketing A Low-Income Discount Associated With SMART Program As Part Of Boston's Municipal Aggregation
The Massachusetts Department of Public Utilities issued a letter to the City of Boston stating that the DPU has identified certain issues with the City's marketing of a low-income customer discount, apparently associated with the Solar Massachusetts Renewable Target ("SMART") Program, as an…
December 16, 2020
National Grid Files New Default Service Rates; Winning Suppliers Disclosed
National Grid has filed with the Massachusetts DPU basic service electricity rates for the industrial customer group for the period February 1, 2021 through April 30, 2021
December 15, 2020
Freight Farms Partners With Renewable Energy Provider, Broker To Offer Green Energy To Its Customers
Freight Farms, a provider of hydroponic vertical container farming, and Arcadia, which among other services provides a monthly subscription service that connects customers across the U.S. to clean energy, have partnered to provide Freight Farms' U.S. customers with access to clean energy for their…
December 15, 2020
Report: Low-Income Customers On Competitive Supply At Utility Paid 108% More Than Default Service
Regulator's Staff Proposes Product, Rate Increase Limitations; Auto-Renewal Rules
The aggregate cost to low-income natural gas customers on competitive supply at National Grid Gas in Massachusetts was 108% higher than the default service cost, according to a filed presentation from Massachusetts DPU Staff.
December 7, 2020
Mega Energy Announces Commodity And Market Expansion To Enable Acquisition-Based Growth
Initiatives Include Northeast Expansion Through Partnership With Wholesale Energy Supplier
Mega Energy Holdings LLC announced the extension of a credit and supply arrangement with Pacific Summit Energy LLC (PSE), the North American marketing and trading subsidiary of Sumitomo Corporation and its largest U.S. affiliate, Sumitomo Corporation of Americas, "to enable current market growth and…
December 1, 2020
Regulator Approves POR Discount Rate Of Nearly 8%
The Massachusetts DPU approved new Standard Complete Billing Percentages (purchase of receivables [POR] discount rates) at Fitchburg Gas and Electric d/b/a Unitil, to be effective December 1, 2020
December 1, 2020
State Utility Regulator "Request[s]" That Retail Suppliers Cease Door-to-Door Marketing Due To "Significant Increase" In COVID Rate Of Transmission
The Chair of the Massachusetts DPU issued a letter to retail energy suppliers and brokers requesting that they cease all door-to-door marketing activities, due to a, "significant increase in COVID-19's rate of transmission."
November 25, 2020
Updated: Default Product Pricing For Boston Opt-Out Municipal Aggregation Released
The City of Boston has filed with the Massachusetts DPU a final consumer notification form concerning its opt-out municipal electricity aggregation which has a start date of February 2021
November 20, 2020
Nstar East Residential, Small C&I Default Service Electric Rates Rising 20%
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, 2021
November 20, 2020
Retail Regulator's Staff Propose That Default Service Rate Be Included On Retail Supplier's Contract Summary
A Massachusetts DPU hearing officer has sought comment on several DPU Staff and stakeholder proposals regarding the DPU's ongoing investigation into retail energy marketing issues (Docket 19-07)
November 17, 2020
Parent Of Broker Acquires Meter-Reading Company
"Representing a growth strategy focused on clean energy, Veolia North America, through its energy subsidiary, SourceOne Inc., has acquired Energenix, a Boston-based utility meter reading and billing service that provides services throughout Eastern Massachusetts," Veolia said
November 17, 2020
Utility Removes Fixed Price Option For Default Service
As part of a rate case compliance filing, Nstar in Massachusetts has removed its fixed price option pilot program for default service from its natural gas tariff
November 16, 2020
Texas Retail Provider Launches Affinity Program With Texas Tech Alumni Association
The Texas Tech Alumni Association (TTAA) announced that it has partnered with TriEagle Energy for a program under which alumni who sign up with TriEagle Energy will see a portion of what they pay TriEagle for electricity contributed to the TTAA.