April 26, 2011
Viridian Energy Serving Half of Migrated N.J. Households, Passes 150,000 Customer Milestone
Viridian Energy confirmed that it has reached 150,000 active customers after just 20 months of operations.
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April 19, 2011
NEM Announces Slate of Regulators, Public Officials Speaking at April Restructuring Conference
The National Energy Marketers Association has announced speakers for its upcoming 14th Annual National Energy Restructuring Conference on April 26-27 in Washington, D.C.
April 13, 2011
Briefly
Clearview Offering Supply at Rockland Electric
April 13, 2011
FERC Orders Retail Customers in PJM to Pay $3 Billion More for Capacity
FERC yesterday rushed to adopt tariff changes regarding the PJM Reliability Pricing Model administrative capacity mechanism which are solely designed to raise the capacity prices paid by end use customers by up to $3 billion, in accepting revisions related to the Minimum Offer Price Rule (MOPR).
April 11, 2011
NextEra Energy Services Expands Residential Marketing to N.J., D.C., Delaware
NextEra Energy Services has expanded its residential electricity supply offers to New Jersey, Delaware, and the District of Columbia. NextEra Energy Services had previously been offering residential service in Pennsylvania and Maryland (2/14) .
April 7, 2011
License Briefs
Scope of Green Mountain Illinois Application Revealed, Supplier Receives N.J. License
April 7, 2011
Constellation Energy Begins Offering Residential Service at Atlantic City Electric
Constellation Energy has begun offering residential electric supply at Atlantic City Electric in New Jersey.
April 6, 2011
License Briefs
Green Mountain Energy Seeks Illinois Electric License
April 5, 2011
License Briefs
Texas Retail Energy Seeks Maryland Supplier License
April 4, 2011
David Pearsall Leading New Start-up Supplier
David Pearsall, who previously founded and led Public Power & Utility until selling the supplier in 2010, has formed a new competitive supplier called People's Power & Gas, which is seeking licenses in nearly 10 states.
March 31, 2011
Briefly
Positive Energy Begins Maryland Marketing
March 30, 2011
N.J. Acts to Lower Capacity Prices in Competitively Neutral Manner
The New Jersey Board of Public Utilities yesterday awarded three long-term Standard Offer Capacity Agreements to build new mid-merit electric generation facilities, which are anticipated to reduce retail electric rates by $1.8 billion.
March 25, 2011
Constellation to Supply U.S. Dept of State Under PPA
Constellation Energy has signed a 20-year power purchase agreement with the federal government, which will provide an estimated 120,000 MWh of energy annually to the State Department and other federal government facilities
March 24, 2011
Lower Electric Bill Today Expands to Gas Brokering
Online broker Lower Electric Bill Today has expanded its service to natural gas supply with LowNaturalGasPrices.com .
March 23, 2011
License Briefs
Adagio Energy Seeks Illinois, N.J., N.Y. Electric Licenses
Adagio Energy LLC applied for an Illinois alternative retail electric supplier license to serve all customer classes at Commonwealth Edison, with a focus on residential and commercial customers. Adagio Energy is a wholly owned subsidiary of Energy Plus Holdings, LLC. Adagio Energy said that it is…
March 21, 2011
Direct Energy Services to Acquire Gateway Energy Services
Direct Energy Services, LLC has agreed to acquire Gateway Energy Services Corporation for $90 million in cash (including $13 million of tax assets) plus additional working capital, parent Centrica said this morning.
March 15, 2011
North American Power Confirms New York, New Jersey Entry in Second Quarter, Looks to Illinois, Ohio by Year-End
North American Power confirmed yesterday that it expects to enter the New York and New Jersey retail electric markets during the second quarter of 2011, and plans to also expand to Illinois and Ohio by the end of the year.
March 7, 2011
License Briefs
Green Mountain Energy Company Seeking, N.J., Pa. Electric Licenses
March 1, 2011
Constellation Supporting ComEd Residential Offer with Direct Mail, Other Channels
Constellation NewEnergy is supporting its Commonwealth Edison residential electric offers with 2.2 million pieces of direct mail, along with a variety of other marketing initiatives, said David Fein, Constellation Energy's Vice President of Energy Policy for the Midwest and Pennsylvania.
February 23, 2011
PSEG Forecasts Higher Migration in New Jersey Continuing in 2011
The migration of customers away from Basic Generation Service negatively impacted PSEG Power's earnings by about $5.1 million in the fourth quarter of 2010 versus the year-ago quarter, parent Public Service Enterprise Group said yesterday.
February 23, 2011
Champion Energy Offering Residential Service in N.J.
Champion Energy Services is now serving deregulated residential electric customers in the Jersey Central Power & Light and Public Service Electric and Gas Company service areas in New Jersey.
February 22, 2011
License Briefs
Hawk Energy Corp. Seeks Pa. Electric License
February 16, 2011
Briefly
Md. PSC Sets Hearing on Price to Compare Calculation The Maryland PSC has scheduled a hearing for March 29 on the Office of People's Counsel petition for modifications to the utility SOS Price to Compare calculation process (Case 9228). OPC's petition was exclusively reported by Matters ( 2/11 ). In…
February 14, 2011
PJM Files Anticipated "Reforms" to Protect Generator Revenue in RPM
PJM has filed its expected tariff changes at FERC to "reform" the capacity market Minimum Offer Price Rule so that it can be applied to protect $2 billion in capacity payments that is expected to be paid to generators absent action (or potential action) for new capacity to be built under long-term…
February 10, 2011
Court of Appeals Denies Appeal of FERC Order on RPM Buyers Complaint
The U.S. Court of Appeals for the District of Columbia Circuit denied an appeal brought by several load interests, collectively referred to as RPM Buyers, against a prior FERC order which dismissed the RPM Buyers' complaint against the transitional Reliability Pricing Model auctions ( 9/22/08 ).