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February 10, 2011
The New Jersey BPU approved results of the Basic Generation Service auction for 1/3 of supplies for BGS fixed priced customers for the three-year period starting June 1, 2011, and 100% of supplies for BGS Commercial and Industrial Energy Price (CIEP) customers for the one-year period starting June 1…
February 8, 2011
North American Power to Expand Non-Profit Affinity Programs North American Power reported yesterday information related to its ".Org" affinity program for non-profits, in announcing its intent to grow the program. Non-profits participating in the affinity program enroll customers with North American…
February 7, 2011
Constellation expects to invest additional marketing dollars over the next few years to expand its NewEnergy retail supplier into new regions and increase the number of mass market customers its serves, Constellation CEO Mayo Shattuck said during an earnings call Friday.
February 4, 2011
In reporting earnings this morning, Constellation Energy reported that its residential offerings in Maryland and New Jersey have resulted in more than 80,000 customers by year end.
February 4, 2011
Viridian Energy will begin offering electric service in New York on February 14, the company confirmed yesterday, as it issued a sustainability report .
February 3, 2011
Direct Energy said yesterday that it is looking to expand its residential business "rapidly" in 2011, as it consolidated its U.S. Northeast residential operations in Pittsburgh.
February 2, 2011
The PJM (P3) Power Providers Group filed a complaint at FERC regarding the current Minimum Offer Price rule in the PJM Reliability Pricing Model market, nakedly claiming it is no longer "just and reasonable" because capacity suppliers stand to lose up to $3 billion annually in easy money as New…
February 2, 2011
Direct Energy has launched residential electric and natural gas offerings at Public Service Electric & Gas.
February 1, 2011
Christie Signs N.J. Capacity RFP Bill As expected, New Jersey Gov. Chris Christie signed into law S2381, which requires the Board of Public Utilities to acquire 2,000 MW of new capacity for the delivery year starting June 1, 2014 or June 1, 2015 ( see 1/11 for full discussion of the bill’s…
January 31, 2011
The introduction of 1,800 MW of new capacity in the Pepco zone, which would bid into the Reliability Pricing Model at $0 due to a ratepayer-based long-term contract, would save PJM end users $1 billion annually in capacity payments, according to an analysis by the Independent Market Monitor.
January 27, 2011
Capacity prices in PJM must rise in order for new entrants to invest in generation, Exelon CEO John Rowe said during an earnings call yesterday.
January 27, 2011
The Maryland PSC yesterday heard from Staff and North American Power and Gas LLC regarding Staff's complaint against North American Power (see 1/10) , and took the matter under advisement after several hours of testimony.
January 25, 2011
Shahid Malik Joins South Jersey Industries Board South Jersey Industries, whose South Jersey Energy Co. subsidiary continues to expand its retail supply operations (see 11/9 and 8/6 ), has elected former Strategic Energy CEO Shahid Malik to the board of directors of SJI and South Jersey Energy Co.…
January 17, 2011
The New Jersey BPU has formed a working group to address Purchase of Receivables and the Price to Compare, for both electricity and natural gas.
January 11, 2011
New Jersey lawmakers overwhelmingly approved Monday evening a bill (S2381) which requires the Board of Public Utilities to acquire 2,000 MW of new capacity for the delivery year starting June 1, 2014 or June 1, 2015.
January 4, 2011
Verde Energy USA announced that it recently enrolled its 100,000th customer for retail electric service.
December 31, 2010
Direct Energy Intends to Serve Residential Customers at Peoples Natural Gas Direct Energy, "has made a firm commitment to file an application for a [natural gas supplier] license in the Peoples [Natural Gas Company] service territory [in Pennsylvania]," and, "intends to service residential and small…
December 28, 2010
Maine PUC Discloses Standard Offer Supply Winners NextEra Energy Power Marketing, LLC won 33% of the Standard Offer load requirements for the residential and small commercial customer class at Central Maine Power for the three year period beginning March 1, 2011. New Brunswick Power Generation…
December 28, 2010
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 28, 2010
The New Jersey BPU will hold a series of stakeholder meetings in early 2011 as it continues to evaluate the need for new capacity, BPU President Lee Solomon said in a statement.
December 20, 2010
Constellation Electric Offering Susan G. Komen Affinity Program in Maryland Constellation Electric (BGE Home Products & Services) is offering an affinity program with the Maryland Affiliate of Susan G. Komen for the Cure which includes an initial $10,000 donation and additional donations if electric…
December 15, 2010
Constellation NewEnergy has submitted an amendment to its Pennsylvania electric generation supplier license to expand the customer classes it may serve to include residential customers and commercial customers under 25 kW in all service areas.
December 10, 2010
GearyEnergy Receives Ohio Electric License The Public Utilities Commission of Ohio granted GearyEnergy, LLC an electric supplier license to serve commercial, mercantile, and industrial customers in all service areas (11/8).
December 8, 2010
AGL Resources has entered into an agreement to purchase Nicor Inc. for $2.4 billion, in a transaction that would create a combined firm with over 1 million unregulated retail customers.
December 7, 2010
Public Power, Energy Plus Holdings LLC Post Residential PECO Rates Public Power LLC has started offering residential electric service at PECO, with a fixed rate of 9.799¢/kWh for 12 months. The product includes an early termination fee of $75. Additionally, Public Power customers receive $500…
