November 21, 2013
Abest Power & Gas Launches New Product Offering
Retail supplier Abest Power & Gas has begun offering wind power to customers in Connecticut, Massachusetts, New York and New Jersey.
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November 19, 2013
Retail Supplier Launches Direct Mail Campaign in Response to Nearly 40% Spike in National Grid SOS Rate
Dominion Retail d/b/a Dominion Energy Solutions has launched a new direct mail offer for residential electricity customers at National Grid in Massachusetts, noting the recent nearly 40% increase in the utility's basic service rate.
November 18, 2013
Texas Capacity Market Supporter Warns Customers of Added Costs from ISO-NE's Need to Procure "Backup Generation" (Capacity Market Not Providing Reliability)
Direct Energy, a supporter of a centralized capacity market in Texas, has warned business customers in ISO New England that this winter customers will be subject to, "additional costs associated with procuring backup generation [that] will result in higher electricity bills during these months."
November 12, 2013
New Retail Supplier Offering Service in Ohio, Massachusetts
Perigee Energy LLC has begun offering residential electric service in Ohio at AEP Ohio.
November 12, 2013
NRG Residential Solutions Launches in New State, Territories, Rate Under 5¢
NRG Residential Solutions has begun offering electricity service in Illinois, and has also expanded service to additional territories in Pennsylvania, Maryland, and New Jersey.
November 8, 2013
Retail Supplier Names Entry Date for New Markets in Announcing New Supply Relationship with Pacific Summit Energy LLC
Mint Energy, LLC announced the signing of a definitive long-term credit and supply agreement with Pacific Summit Energy LLC (PSE), a subsidiary of Sumitomo Corporation, for Mint Energy's current and future energy markets.
November 7, 2013
IDT Energy Sees Higher Net Customer Attrition on Slower Gross Acquisitions
IDT Energy saw an increased level of net customer attrition during the three months ended September 30, 2013, from a slowdown in gross meter additions.
November 5, 2013
Retail Supplier Receives $100,000 Investment, $280,000 Grant
The Slater Technology Fund announced that it has committed an additional $100,000 to VCharge, an energy management services company whose operation includes retail electric supply in competitive markets, as part of their $1-million dollar round, bringing Slater's total investment to $600,000.
October 23, 2013
It Never Ends: More Briefing Scheduled for Massachusetts Purchase of Receivables
After an October 8 technical conference failed to reach a consensus, the Massachusetts DPU has set forth a schedule for additional briefing of remaining outstanding issues regarding the implementation of electric purchase of receivables.
October 21, 2013
NRG Residential Solutions Expands to New States, NFL-Themed Offerings Expanded
NRG Residential Solutions, NRG's newly launched Northeast retail electric brand focused on offering customized and innovative plans, is now offering service in several new states.
October 9, 2013
Affiliate of Texas Retail Electric Provider to Expand to the Northeast
An affiliate of a Texas retail electric provider is preparing to launch operations in the Northeast.
October 8, 2013
PowerOptions Selects Retail Supplier for $375 Million Contract
PowerOptions and Direct Energy Business announced that they have signed a $375 million, four-year electricity supply contract to supply more than 500 Massachusetts nonprofits and government institutions in the PowerOptions aggregation.
October 7, 2013
Massachusetts Continues to Pursue Large Hydro Import Initiative
Massachusetts state energy officials will travel to Canada this week to tour large hydro facilities, "furthering Massachusetts' efforts at expanding large hydro imports."
September 26, 2013
Unitil Describes Mechanics of Solution to Purchase of Receivables
Fitchburg Gas and Electric Light Company, d/b/a Unitil, has updated the Massachusetts DPU on the status of purchase of receivables implementation, including a more detailed description of the mechanics to implement POR prior to a new CIS.
September 23, 2013
Viridian Launches Partnership to Offer Distributed Solar, Also Launches Carbon Offset Product for Gas Service
Viridian Energy is teaming with Solar City to provide distributed solar installations to its customers.
September 20, 2013
ISO New England: "Difficult" to Call Capacity Market a Success When Resources Fail to Perform, and NERC Violation Occurs (Solution is to Borrow from Energy-Only Market!)
"It is difficult to declare the [ISO New England] capacity market a success if a significant number of the resources that have been selected and compensated as capacity resources fail to perform as needed," Robert Ethier, Vice President of Market Development for ISO New England, said in comments at…
September 19, 2013
Massachusetts DPU Chair: 70 Additional Communities Expected to Launch Municipal Aggregation in Next Two Years
Over 70 additional Massachusetts communities are expected to seek approval for opt-out municipal aggregations over the next two years, Ann Berwick, Chair of the Massachusetts DPU, told the Retail Energy Supply Association's Energy Competition Symposium.
September 17, 2013
Lesson for Texas: ISO-NE Capacity Market Fails; FERC (Again) Tells Retail Suppliers to Pound Sand; Allocates New, Unhedgeable Backstop Costs to Real-Time Load
Showing once again its utter indifference to realities of the retail electric market, FERC has assigned unhedgeable, out-of-market costs to load serving entities, such as retail suppliers, deeming that retail suppliers "benefit" from such costs.
September 11, 2013
New Canadian Retail Supplier to Expand to U.S., with Wealth of Retail Market Veterans
A Canadian retail energy supplier is expanding its operations to the United States.
September 10, 2013
Briefly
AEP, Dominion Retail File Settlement Over SECA Charges
September 5, 2013
ISO-NE Seeks to Change Capacity Market Rules Because Current Regs Have Yet to Require Capacity Resources to Perform
ISO New England has sought changes to the forward capacity market design because the current rules have never actually required capacity resources to meet performance obligations.
September 4, 2013
Retail Supplier Energy.me Nears 250,000 RCEs, Names New CEO to Continue Growth
Retail energy supplier Energy.me announced that 20 months since its launch, it has acquired 6,000 mid-market commercial customers, or the equivalent of 230,000 residential customers.
September 3, 2013
FERC Orders ISO-NE to Clarify Tariff Provisions Related to CFTC Exemption due to Impact on Small Retail Suppliers
On August 30, FERC conditionally accepted a tariff filing by ISO New England Inc. to reflect that market participants may qualify for an exemption from certain provisions of the Commodities Exchange Act (CEA) and Commodity Futures Trading Commission (CFTC) regulations when engaging in specified…
September 3, 2013
Dominion Retail Launches New Direct Mail Campaign for Guaranteed Savings Offer
Dominion Energy Solutions is now offering a residential electric plan at Fitchburg Gas & Electric (Unitil) in Massachusetts with a rate that is guaranteed to be lower than the default service rate through May 2014.
August 26, 2013
Start-up ESCO Preparing to Launch Operations
A start-up power marketer, Premier Empire Energy, LLC, is working to launch operations, including retail electric and natural gas service.