February 26, 2015
Retail Supplier Inks Marketing Partnership With N.Y. Yankees
Major Energy announced a new multi-year marketing partnership with the New York Yankees that names Major Energy as the organization's Official Energy Supply Company.
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February 18, 2015
Update: Crius Acquisition of TriEagle Adds Geographic, Customer Diversity
Crius Energy, which as first reported yesterday is acquiring TriEagle Energy for $22.2 million , has provided details of how the TriEagle acquisition, which will give Crius entry into the Texas market, will diversify its customer book.
February 17, 2015
TriEagle Energy Acquired by Retail Supplier
Crius Energy Trust today announced that Crius Energy LLC has entered into a binding share purchase agreement to acquire all of the outstanding equity interests in TriEagle Energy LP, a Houston-based energy retailer, for an aggregate purchase price of approximately $22 million, subject to regulatory…
February 16, 2015
Briefly
Texas REP Withdraws Complaint Against TDU
February 13, 2015
New Jersey BGS Default Service Rates to Fall In Most Territories, Higher At PSE&G
New Jersey's Basic Generation Service auction generally produced lower or stable supply prices for three-year contracts to serve one-third of Fixed Price (under 500 kW) customers for the period starting June 1, 2015, with the exception of Public Service Electric & Gas, where transmission costs drove…
January 28, 2015
PPL, Riverstone Agree to FERC's Additional Mitigation Measures for Talen Energy
PPL Corporation and Riverstone Holdings LLC affiliate RJS Power Holdings LLC have accepted additional market power mitigation measures required for FERC approval of the previously reported spinoff of PPL Energy Supply and its combination with competitive generation assets owned by RJS Power Holdings…
January 27, 2015
Ambit Energy To Enter Six New Territories This Spring, Announces Solar Partnership
Ambit Energy will enter six new territories this spring, and also announces a partnership to offer solar installations to customers.
January 22, 2015
NRG Home Solar Launches Strategic Partnership with Upromise by Sallie Mae
NRG Home Solar announced a new partnership with Upromise by Sallie Mae, a service that helps families pay for college by earning cash back on everyday purchases.
January 21, 2015
Load Coalition: PJM's Capacity Performance Transition Essentially a Bailout for Generators Who Have "Seller's Remorse" Over Existing Capacity Prices
Given that no improvement in generator performance is evident from PJM's proposed transition mechanism for its sought new capacity performance capacity market construct, a coalition of retail suppliers, wholesale power markets, cooperatives, industrial customers, and state regulators (the Transition…
January 21, 2015
Direct Energy Warns of "Political Consequences" From PJM Transitional Capacity Performance Mechanism (State Lawmaker Retreat from Markets)
The disruption of existing capacity procurements and prices ( more fully described in our related story today, click here ) under PJM's transitional capacity performance proposal, "may have unintended political consequences at the state level," and jeopardize state policymakers' acceptance of…
January 9, 2015
Retail Supplier to Pay $2.1 Million Under Settlement with AG, Regulators
HIKO Energy, LLC has agreed to pay $2.1 million, including $1.85 million in restitution to consumers, and to significantly revise its business practices, in order to resolve a complaint filed by the Acting Attorney General, New Jersey Board of Public Utilities (BPU), and New Jersey Division of…
January 6, 2015
Briefly
Nordic Energy Services Joins Retail Energy Supply Association
January 6, 2015
Retail Energy Supply Association Elects 2015 Officers and State Chairs
The Retail Energy Supply Association (RESA) has elected a new slate of officers and state chairs for 2015, with Brenda Crockett of Champion Energy Services being elected President.
December 24, 2014
State Proposes Changes to Municipal Aggregation Rules: New Disclosure Requirements, Permanent Opt-Out
Staff of the New Jersey BPU have issued potential changes to Government Energy Aggregation (GEA) Program Rules under consideration as the Staff reviews the current rules in Docket Number EX14111343
December 22, 2014
Retail Supplier No Longer Affiliated With EDF Trading
AP Holdings, LLC has informed FERC that it and its retail energy supplier subsidiaries are no longer affiliated with EDF Trading North America, LLC.
December 16, 2014
SFE Energy Offering Service in New State
SFE Energy has launched electric and natural gas service for residential and commercial customers in New Jersey
December 15, 2014
NRG Home Now Offering "Ongoing" Goal Zero Product Rewards for Customers ($340 Value)
NRG Home is now offering to customers in its Northeast markets an electricity plan offering "ongoing" Goal Zero products during the term of the plan.
December 4, 2014
U.S. Dept. of Justice Issues Civil Investigative Demand to PJM
The U.S Department of Justice has issued a Civil Investigative Demand, which is similar to a subpoena, to PJM.
November 24, 2014
New Jersey to Allow Default Service Supplier to Pass-Through New PJM Capacity Costs to Protect "Integrity" of BGS Auction
The New Jersey BPU will allow Basic Generation Service (BGS) suppliers to pass-through incremental costs associated with PJM's enhanced capacity proposal.
November 5, 2014
World Energy Solutions Acquired By Energy Intelligence Software Provider
EnerNOC, Inc. announced that it has entered into an agreement to acquire World Energy Solutions, Inc.
October 31, 2014
Update: PSEG Confirms FERC Investigating Its Cost-Based Bids
PSEG confirmed in reporting earnings yesterday that PSEG Power has been verbally notified by the FERC Staff that Staff has initiated a preliminary, non-public staff investigation into certain bidding by PSEG Power.
October 30, 2014
Retail Suppliers: PJM Using "Express Lane" to Impose Billions of New Capacity Costs on Consumers, Provide $2 Billion Windfall to Existing Resources
PJM is taking an "express lane" to impose billions of new capacity costs on consumers under its flawed capacity performance and transition mechanism, several retail suppliers, public power utilities, state regulators, and industrial customers (the transition coalition) said in comments to the PJM…
October 22, 2014
Liberty Power Expands Residential Service to New State
Liberty Power recently expanded its residential electric service to Massachusetts.
October 20, 2014
Proposed Rule Would Require Double Verification of Most Contracts: Signed Contract AND TPV for Telesales, Door-to-Door Sales
Proposed rule changes from the District of Columbia PSC would essentially require double verification of most electric and natural gas sales, adding a written contract requirement to telesales, and a third party verification (or other recording) requirement for door-to-door sales.
October 13, 2014
Broker Names Market Veteran to Bolster New Jersey, Pennsylvania Presence
Usource announced that it has hired Greg DiGiovine as an energy advisor.