June 4, 2014
New Jersey Releases More Granular Bidder Data from 2014 BGS Auction
New Jersey has posted additional data regarding winning bidders in the February 2014 Basic Generation Service Auction
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June 4, 2014
State Regulator Seeks Offer Data from Latest PJM Capacity Auction
PJM has received a request for confidential information from the New Jersey Board of Public Utilities: specifically, offer data from the latest RPM Base Residual Auction.
June 4, 2014
Broker-Manager Acquires Building Automation/Monitoring Provider
Albireo Energy, LLC yesterday announced the acquisition of New Jersey-based Energy Options, Inc., in partnership with management.
May 28, 2014
Exelon Says Three Nukes Did Not Clear PJM Capacity Auction
Exelon said in an 8-K yesterday that three Exelon Generation Company, LLC nuclear units located in PJM -- Byron and Quad Cities in Illinois and Oyster Creek in New Jersey -- did not clear the 2017/18 PJM Base Residual Auction.
May 28, 2014
IDT Energy Officially Launches Home Services and Energy Rewards
IDT Energy, Inc. officially announced the availability of IDT Energy Home Services and IDT Energy Rewards.
May 27, 2014
Backbreaking: Capacity Prices Double in Latest PJM Auction
Rest of RTO capacity prices in PJM increased by 100% in PJM's 2017/18 Base Residual Auction.
May 19, 2014
Preliminary PJM Staff Recommendation Would Allow Generators to Earn Energy Market Windfalls Without Depressing Capacity Price
Under a preliminary PJM Staff recommendation concerning "reforms" to the capacity market, PJM would allow generators to earn windfall energy market revenues without such revenues being used to offset the compensation required from the capacity market.
May 16, 2014
Retail Supplier to _Sell_ Solar Division
Just Energy has decided to begin the process to sell its commercial solar business, Hudson Energy Solar.
May 2, 2014
Merchant Generator in PJM Over-Collected Cost-Based Revenues
PSEG reported yesterday in releasing earnings that its PSEG Power merchant generation business, "has discovered that it incorrectly calculated certain components of its cost-based bids for certain generating units in the PJM energy market, with resulting over-collection of revenues related to its…
April 23, 2014
Retail Supplier Launches 100% Carbon Offset Natural Gas Plans
Oasis Energy has begun offering natural gas plans bundled with 100% carbon offsets in New York, New Jersey, Maryland, and Pennsylvania.
April 22, 2014
New Retail Supplier Offering Service in New Jersey
Censtar Energy is now offering electricity and natural gas service in New Jersey, at Public Service Electric & Gas.
April 22, 2014
Retail Supplier Announces Partnership With Astrum Solar
Astrum Solar and Ethical Electric announced a partnership that will cross-promote each company's offerings to their customer base.
April 15, 2014
Direct Energy Expected to Launch Residential Service in New Territory
Direct Energy is understood to be in the process of preparing to launch residential energy supply service in southern New Jersey.
April 14, 2014
Source Power & Gas Enters Another New State, Also Adds NJ Territories
Source Power & Gas has launched electricity service in Ohio, and has also entered additional territories in New Jersey
April 11, 2014
SaveOnEnergy.com Announces Aggressive Expansion into Northeast
Online retail energy comparison website SaveOnEnergy.com has announced an aggressive expansion of its presence in the Northeast energy markets.
April 8, 2014
Choose Energy Offering Platform to Referral Channel Partners Under 'Energy Mayor' Program
Choose Energy is making its online shopping comparison platform available to various referral channel partners -- energy consultants, school and charity groups, real estate professionals, and other community organizations -- who would otherwise drive their constituents to a single retail supplier.
March 31, 2014
Transferring RPS Obligation to Distribution Utilities, Long-Term Contracts Among Options in Draft New Jersey Solar Report
Transferring the RPS obligation from retail and Basic Generation Service suppliers to distribution utilities, or implementing long-term solar contracts through the BGS auctions, are two policy options included in a draft New Jersey report concerning volatility in the New Jersey solar market, and…
March 31, 2014
Texas Broker Expanding Nationally
Texas-based broker Energy Choice Solutions LLC d/b/a EnergyWize Services LLC is currently expanding to 12 additional states beyond Texas.
March 26, 2014
Texas REP Provides Entry Date For Northeast State, Seeks License in Another
TriEagle Energy, LP intends to begin serving customers in Maryland in the third quarter of 2014.
March 20, 2014
Texas REP Source Power & Gas Launches Service In Two Northeast States
Source Power & Gas has expanded electric service to New Jersey and Maryland, with offers at Public Service Electric and Gas Company (PSEG) and Atlantic City Electric (ACE) in New Jersey, and Potomac Electric Power Company (PEPCO) in Maryland.
March 18, 2014
Retail Supplier Cites "Failure" of Wholesale Markets "To Meet Demand At Reasonable Prices", Warns on Customer Churn
"The failure of the wholesale markets to meet demand at reasonable prices," required IDT Energy to raise its rates significantly to cover these costs, as the company expects to record increased churn during the first quarter, it said in reporting full-year 2013 earnings
March 17, 2014
PJM 'Statement' on Winter 2014 Cold Weather Events
PJM issued the following "statement" on the winter 2014 cold weather events to members on Friday:
March 12, 2014
NRG Energy to Acquire Dominion Retail Electric Book
NRG Energy, Inc. has entered into agreements with Dominion Resources, Inc. to acquire Dominion's retail electric business.
March 11, 2014
License Briefs
Crosslink Advisors Receives License in New State
March 7, 2014
Company Plans to Bring Electric Supplier Marketing to 2,000 Retail Storefronts, Establishments By Year-End
American Efficient plans to bring retail electricity supply marketing to 2,000 brick-and-mortar retail storefronts and establishments in the next year.