January 26, 2011
License Briefs
TES Energy Services Seeks Maryland Broker License TES Energy Services, LP has applied for a Maryland electric broker license. A copy of TES Energy Services' application was not available.
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January 21, 2011
Briefly
N.Y. PSC Approves Monthly Balancing at KEDLI The New York PSC approved KeySpan Energy Delivery Long Island's tariff (06-G-1186) to implement an Interim Monthly Balancing Transportation Program for its non-firm transportation customers receiving service under Service Classification No. 7…
January 12, 2011
Retail Suppliers Oppose "Windfall" to Generators Under Proposed Peak Energy Rent Change
New England generators, with the support of ISO New England, are seeking to implement "knee jerk" changes to the Peak Energy Rent mechanism of the Forward Capacity Market which would retroactively cost load in excess of $100 million, retail and load suppliers said in protests at FERC (ER11-2427).
January 11, 2011
License Briefs
Start-up Veteran Energy Seeks Texas REP Certificate Veteran Energy LLC applied for a Texas REP certificate. Veteran Energy, a start-up, was founded by Kevin Barber, a 17-year gas and power industry veteran who was most recently a regional trading team leader at Integrys Energy Services for wholesale…
January 6, 2011
NEPGA Alleges Nstar-NU Merger Would Harm Competition
The New England Power Generators Association, Inc. alleged that the merger of Nstar and Northeast Utilities will harm competitive energy markets, in a motion for intervention at the Massachusetts DPU (Docket 10-170).
January 4, 2011
Constellation Completes Acquisition of BostonGen Assets
Constellation Energy has completed a $1.1 billion agreement to purchase the 2,950-megawatt Boston Generating fleet in New England.
December 30, 2010
Mass. DPU Approves National Grid Basic Service Rates
The Massachusetts DPU approved new basic service rates for National Grid industrial customers for the period February through April 2011.
December 28, 2010
License Briefs
Nordic Energy Services Seeks to Serve All Illinois Electric Customers, Expand to Additional Territories Nordic Energy Services, LLC applied at the Illinois Commerce Commission to amend its alternative retail electric supplier license to serve all customer classes, serve additional territories, and…
December 23, 2010
FERC Approves Constellation Acquisition of Boston Generating Assets
FERC has approved Constellation Energy's acquisition of the portfolio of Boston Generating, dismissing conditions sought by Nstar and finding that the acquisition will have no adverse effect on competition (EC10-85).
December 14, 2010
HOP Energy Seeking Pennsylvania Electric License
HOP Energy, LLC, which operates several fuel oil distributors in eastern Pennsylvania, applied for a Pennsylvania electric generation supplier and aggregator license to serve all customer classes.
December 6, 2010
ABACCUS Residential Rankings Shift As Load Size Added to Criteria
Texas retained its top spot in the Annual Baseline Assessment of Choice in Canada and the United States (ABACCUS) for residential markets reported by Distributed Energy Financial Group, but the addition of several new criteria jumbled the rankings after the top three.
December 6, 2010
Viridian Energy Seeks Ohio License, Anticipates Q1 2011 Entry in New York
Viridian Energy PA LLC applied for an Ohio electric supplier license to serve all customer classes, including residential customers, in all service areas.
December 1, 2010
License Briefs
Md. PSC Fines Affinity Energy Management, Grants Broker License The Maryland PSC declined to adjust Staff's recommended penalty and fined Affinity Energy Management, LLC $22,500 for operating as a broker in the state without the requisite license. The PSC also granted Affinity Energy Management an…
November 29, 2010
Briefly
Md. PSC to Consider Utility Choice International Applications on Dec. 1 The Maryland PSC has listed on its final agenda for its December 1 administrative meeting the applications of Utility Choice International for electric and natural gas broker licenses, which the Commission previously took under…
November 23, 2010
Mass. DPU Approves Nonbypassable Charge for Cape Wind Above-Market Costs
Finding that National Grid's proposed method of cost recovery is not prohibited by statute, the Massachusetts DPU approved National Grid's power purchase agreement with Cape Wind, including its petition to recover above-market costs from all distribution customers through a nonbypassable charge…
November 16, 2010
Briefly
MXenergy Seeking Illinois Electric License MXenergy has submitted an application for an Illinois alternative retail electric supplier license. A copy of MXenergy's application was not immediately available.
November 12, 2010
WMECO Files New Basic Service Rates
Western Massachusetts Electric Co. has filed default service rates for the six-month period beginning January 1, 2011 for small customers, and the three-month period beginning January 1, 2011 for large customers.
November 10, 2010
Just Energy U.S. Electric Margin Lifts Adjusted EBITDA
Just Energy Income Fund reported higher Adjusted EBITDA of $39.4 million, versus $36.6 million a year ago (all figures Canadian), on higher gross margin from U.S. electric sales.
November 2, 2010
License Briefs
Vanguard Energy Services Seeks Illinois Gas Supplier License
October 19, 2010
Northeast Utilities, Nstar Agree to "Merger of Equals"
Northeast Utilities and Nstar yesterday announced that both companies' Boards of Trustees have unanimously approved a definitive stock for stock "merger of equals."
October 18, 2010
Mass. AG Seeks Hearing on Purchase of Receivables Terms and Conditions
The Massachusetts Attorney General asked the Massachusetts DPU to require competitive suppliers and the electric distribution companies to submit witness testimony and exhibits, with discovery and cross examination on such evidence, to support their respective positions regarding Purchase of…
October 13, 2010
License Briefs
BlueStar Energy Solutions Receives Massachusetts Electric License
October 11, 2010
Briefly
Viridian Seeks to Expand Pa. Electric License
October 8, 2010
Mass. DPU Orders Nstar to Modify, Re-file Proposed Changes to Nstar Green Rates
The Massachusetts DPU has denied Nstar's petition to revise the adders applicable to the Nstar Green product, and will require Nstar to propose a method for calculating, and schedule for updating, its wholesale energy market price forecasts used to set the adders (Docket 10-12).
October 7, 2010
RESA Urges Mass. DPU to Use Uncollectibles from All Distribution Customers in POR Reconciliation
The Retail Energy Supply Association has urged the Massachusetts DPU to reject the electric distribution companies' proposed calculation of the Past Period Reconciliation Percentage to be contained in the Purchase of Receivables discount rate, with RESA arguing that the reconciliation component…