March 26, 2019
ISO New England has filed at FERC for approval to implement an inventoried energy program for the winters of 2023-2024 and 2024-2025
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March 20, 2019
Winning Suppliers Disclosed
National Grid has filed with the Massachusetts DPU new basic service rates for residential and commercial customers for the six-month period beginning May 1, 2019, and for industrial customers, for the three-month period beginning May 1, 2019
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March 18, 2019
The City of Worcester, MA, has filed at the Massachusetts DPU for authorization to implement an opt-out municipal aggregation for electricity customers.
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March 18, 2019
Commercial Discount Falls 20%
National Grid in Massachusetts has filed new proposed purchase of receivables discount rates (standard complete billing percentages) to be effective May 1, 2019.
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March 18, 2019
Nstar Residential Discount Falls 30% Versus Current East Rate, But Would Have Been Even Lower Without Consolidation
Nstar (Eversource) has filed new proposed purchase of receivables discount rates (standard complete billing percentages) to be effective May 1, 2019.
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March 15, 2019
A slate of state regulators and other energy officials will discuss issues facing retail energy markets at the National Energy Marketers Association's 22nd Annual National Energy Restructuring Conference , to be held April 10 - April 12, 2019 in Washington, DC
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March 12, 2019
Suggests Prohibiting Competitive Supply Service To Low-Income Customers Calls Variable Rates A Barrier To An Efficient Residential Competitive Market
In comments to the Massachusetts DPU, Nstar (Eversource) said that the DPU should require retail electric suppliers to provide the EDCs with customers' product information, including the next cycle rate, for inclusion on utility bills
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March 11, 2019
Suggests Alternative Provider Of Default Service, Citing Statute Recommends Creation Of Massachusetts Electricity Market Improvement Favors Task Force To Improve Billing Paradigm, Says Supplier Consolidated Billing Is Best Outcome
Proposes Additional Financial Assurance Requirements For Suppliers Engaged In Door-to-Door Marketing
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March 11, 2019
If Choice Remains, AG Seeks Warning That Suppliers Typically Do Not Provide Overall Savings Recommends Posting Of Historic, Charged Rates Requirement For Guaranteed Savings For Low-Income Customers
The Massachusetts Office of the Attorney General (AGO) said in comments to the DPU that the AG has analyzed an additional year (July 2017 – June 2018) of data and found that, in this third year, Massachusetts residential customers on competitive supply suffered consumer losses of $76.2 million…
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March 11, 2019
Such Aggregations Have Enrolled Customers Onto Default Prices Higher Than Basic Service With No Signature Required
A group of municipalities which run opt-out aggregations recommended to the Massachusetts DPU that retail suppliers should be required to obtain a customer’s signature on a copy of a proposed disclosure sheet
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March 11, 2019
Suggests "Limits" On Transition To Variable Rate From Fixed Price
The Massachusetts Department of Energy Resources recommended to the Massachusetts DPU that a recommended disclosure form, "should be presented to and signed by every customer that elects to sign-up for competitive supply," via door-to-door sales
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March 7, 2019
SourceOne recommended to the Massachusetts DPU that broker and similar fees related to a retail energy sale should be disclosed to residential and commercial customers.
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March 7, 2019
PowerOptions, Inc. recommended to the Massachusetts DPU that the DPU should eliminate the "predatory practice" of oral authorization for the initiation of retail energy supply service.
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March 6, 2019
Service King International Brokers LLC d/b/a SKI Brokerage, a start-up, is seeking broker or similar licenses in Pennsylvania, Illinois, Maryland, Massachusetts, New Jersey, Ohio, Maine, Delaware, and New Hampshire, and will broker in New York and Connecticut as well.
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March 1, 2019
Targets Achieving Investment Grade Rating, Says Will Help C&I Retail Business Provides More Data On Retail Customer Counts
During an earnings call yesterday, Vistra Energy CEO Curt Morgan said that Vistra is "fully prepared" to take any necessary legal action to defend its previously reported acquisition of Crius Energy should a hostile bidder attempt to disrupt the process.
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February 26, 2019
FERC has terminated a show cause proceeding, with no penalty, into Footprint Power LLC and Footprint Power Salem Harbor Operations LLC after Enforcement Staff agreed that no tariff violation occurred upon the review of new information provided by Footprint during the proceeding
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February 21, 2019
Nstar (Eversource Energy) has filed with the Massachusetts DPU new basic service rates for the Medium & Large Commercial and Industrial customer class in the Eastern Massachusetts service areas (NEMA, SEMA load zones), for the period April 1, 2019 to June 30, 2019.
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February 20, 2019
Court Backs "Quotidian" Pricing Practices Court Says Deregulation Not Meant To Replace Regulator's Oversight With After-The-Fact Review By Courts
Direct Energy announced that, on Monday, February 4, 2019, the United States Court of Appeals for the Second Circuit issued an opinion, "affirming dismissal of a class action alleging that Direct Energy overcharged variable-rate electricity customers in Connecticut and Massachusetts."
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February 20, 2019
Great Eastern Energy in a letter to PURA provided further detail on the return of its New England customers to default service and the retirement of its ISO-NE load asset IDs, confirming that all of its customers in the ISO-NE markets (MA, CT) are being returned to default service.
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February 20, 2019
Vistra Energy Announces Increased Purchase Price For Crius Energy Hike Follows Unsolicited Third Party Acquisition Proposal For Crius That Was Higher Than Original Price
Note: This story has been updated with additional detail, see the update below
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February 18, 2019
The Massachusetts DPU has extended until March 8 the deadline for comments regarding the DPU's wide-ranging investigation into customer protection rules and related issues in the retail electric market (D.P.U. 19-07)
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February 18, 2019
In comments on a wide-ranging Massachusetts DPU proceeding on the retail electric market, the National Energy Marketers Association raised concerns with various proposals that would place the electric distribution companies in the role of policing the marketplace
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February 15, 2019
BBPC, LLC d/b/a Great Eastern Energy, along with GEEnergy Holding Co. LLC (Debtors), have filed voluntary petitions for bankruptcy under Chapter 11
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February 14, 2019
Nstar (Eversource Energy) has filed with the Massachusetts DPU new basic service rates for the Medium & Large Commercial and Industrial customer class in the WCMA Load Zone, the former Western Massachusetts Electric Company (WMECO) service area, for the period April 1, 2019 to June 30, 2019.
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February 7, 2019
ISO New England's 13th Forward Capacity Market (FCM) primary auction (FCA #13), for the delivery year 2022-2023, closed at a preliminary clearing price of $3.80 per kilowatt-month (kW-month) across New England, compared to $4.63/kW-month in last year’s auction.
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