June 16, 2017
Michigan PSC Adopts Findings For Process To Set Electric Choice Cap To 0%, Start Date
The Michigan PSC has issued an order interpreting statutory language concerning when the PSC shall set the electric choice cap at a utility to 0%
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June 16, 2017
Michigan PSC Adopts Locational Capacity Requirement, And Finds It Has Authority To Allocate Locational Requirement To LSEs
Seeks Solutions To Address Allocation to LSEs, Shopping Issues
The Michigan PSC has adopted a locational requirement as part of the mandatory capacity obligations required under statute, but said that the allocation to LSEs and related issues will be addressed after further proceedings
June 6, 2017
Sperian Energy Eyes Texas Market, Expanding To Natural Gas, CEO Tells ECM
Sperian Energy's geographic expansion over the next six to nine months will include expansion into natural gas, as the company also wants to play a part in the Texas retail electric market, Sperian's newly appointed CEO Paul Keene told EnergyChoiceMatters.com.
May 31, 2017
Parent of Retail Supplier, Broker Announces Marketing Agreement With Viridian For Commercial Electricity And Natural Gas Supply
The Chron Organization, Inc. announced today that it has entered into a strategic marketing agreement with Viridian International Management, a direct selling organization, for medium to large commercial energy supply and related services.
May 30, 2017
Update: Crius Energy Trust To Acquire U.S. Gas & Electric
Update, 5/31: MVC Capital, Inc., the parent of U.S. Gas & Electric, Inc., said that the Crius Acquisition (first reported yesterday, see below) was determined to be superior to the Equus transaction announced last month.
May 12, 2017
Chiding Utilities, Michigan PSC Says Determining How LSEs May Demonstrate Capacity Compliance Shall Be Addressed Via Technical Conference Process, Not Rate Cases
The Michigan PSC affirmed that determining how load serving entities, including retail suppliers, are able to demonstrate compliance with certain statutory capacity requirements shall be addressed in the PSC's previously adopted technical conference process, not utility rate cases nor cases…
May 12, 2017
PSC Denies Utility's Attempt To Compel Disclosure Of Retail Suppliers' Capacity Compliance Showings
The Michigan PSC denied a request from Consumers Energy which had sought to compel the disclosure of retail electric suppliers' confidential resource adequacy compliance showings filed with the PSC
April 25, 2017
Retail Supplier To Be Acquired By Publicly Traded Firm
MVC Capital, Inc. announced that Equus Total Return, Inc., a publicly-traded business development company that previously announced its intention to become an operating company, has entered into a definitive agreement to acquire MVC’s largest portfolio holding, U.S. Gas & Electric, Inc.
April 14, 2017
DTE Lowers Natural Gas Default Service Rate
DTE Energy said that its supply cost for natural gas default service has decreased 9%
April 14, 2017
MISO Capacity Prices (Including Illinois, Michigan) Crater
MISO Says Still Working With Illinois On "State-Based" Approach For Long-Term Resource Adequacy
Clearing prices in the Midcontinent ISO capacity auction for the 2017-18 delivery year were $1.50/MW-day for all zones.
April 11, 2017
License Briefs
Starion Energy Seeks License In New State
March 27, 2017
Parent Re-branding One Of Its Retail Suppliers
Effective April 1st, Just Energy is re-branding its Commerce Energy subsidiary as Just Energy
March 22, 2017
Group Purchasing Organization With 10,000+ Member Locations Selects Retail Supplier
CHAMPS Group Purchasing, a group purchasing organization originally focused on various health care institutions but which has expanded to non-health members, announced that it signed an expanded contract with IGS Energy to offer IGS services to its members under an agreement that runs through Oct.…
March 14, 2017
Michigan PSC Proposes Changes To Choice Enrollment Procedures
The Michigan PSC has issued proposed revisions to the electric choice enrollment and queue procedures as a result of the recent PA 341, to incorporate various modifications to statute
March 13, 2017
Michigan PSC Moves Forward With Adoption Of State Reliability Mechanism, Setting Charge For Retail Suppliers
With FERC rejecting the Midcontinent ISO's proposal for a forward capacity auction specific to retail choice states, the Michigan PSC, consistent with recent legislation, has established a process to establish a State Reliability Mechanism (SRM), under which retail suppliers will be required to pay…
March 1, 2017
With MISO Auction Changes Rejected, Michigan Seeks Comment On Adopting State Reliability Mechanism, Capacity Charges For Retail Suppliers
The Michigan Public Service Commission is seeking comment on how to proceed in light of the Federal Energy Regulatory Commission’s Feb. 2 order rejecting the Midcontinent Independent System Operator’s proposal to establish a three-year forward capacity auction specific to retail choice states.
February 8, 2017
Midwest Retail Supplier To Expand To Pennsylvania, Discloses Customer Count
Santanna Energy Services said that it plans to enter the Pennsylvania market in early 2017.
February 6, 2017
Michigan Utilities File Final Levels For 2017 10% Choice Caps
Michigan electric utilities have filed final levels for the 2017 10% choice caps.
February 3, 2017
FERC Rejects MISO Forward Capacity Market For Retail Choice Areas
Use of State-Determined Capacity Payment For Michigan Retail Suppliers Implicated
FERC has rejected the Midcontinent ISO's proposal to create a three-year forward capacity auction specific to those areas of MISO with retail choice (often called the "competitive retail solution" or CRS)
January 26, 2017
Parent of U.S. Retail Supplier To Be Acquired By Canadian Utility, Retail Supplier Holding. Co.
WGL Holdings, Inc., the parent of retail supplier WGL Energy, and AltaGas Ltd. announced that the Boards of Directors of both companies have unanimously approved a definitive agreement and plan of merger for WGL Holdings to be acquired by AltaGas in an all cash transaction for approximately $6.4…
January 13, 2017
Michigan Directs Retail Suppliers To File Assessment of Capacity Supply Plans For 2017-2021
The Michigan PSC has issued a customer annual order requiring retail electric suppliers and other LSEs to submit a self-assessment of their ability to meet their customers’ expected electric requirements and associated reserves during the five-year period of 2017 through 2021
January 13, 2017
PSC Approves $35,000 Settlement With Retail Supplier
The Michigan PSC approved a settlement with Direct Energy Services, LLC (DES) to resolve an investigation into alleged slamming of natural gas customers, which includes, among other provisions, a fine of $35,000
January 10, 2017
Marketing, Telecom Entrepreneur Launching New Retail Supplier
Start-up National Choice Energy LLC has filed for a Michigan electric supplier license and also sought market-based rate authorization at FERC, stating an intent to act as a power marketer, purchasing electricity and reselling it to retail customers and to wholesale entities to balance load…
January 5, 2017
Retail Energy Supply Association Elects 2017 Officers and State Chairs
The Retail Energy Supply Association (RESA) has elected a new slate of officers and state chairs for 2017.
January 4, 2017
Given Gravity of NY Developments, NEM Opens Winter Executive, Policy Development Meeting To All ESCOs
NEM Meeting Will Include Strategy To Preserve NY Retail Choice, All ESCOs Welcome
Due to the gravity of the current state of affairs in New York, the National Energy Marketers Association has opened its annual winter executive committee and policy development meeting to all members and prospective members, and all ESCOs are invited to attend.