April 20, 2020
Aggressive Energy, Marathon Energy Elected to NEM Executive Committee
The National Energy Marketers Association (NEM) announced that Aggressive Energy and Marathon Energy have each been elected to NEM's Executive Committee.
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April 17, 2020
FERC Rules That State Default Service Auctions Are "State Subsidies" For Purposes Of PJM Capacity Market Minimum Offer Price Rule (MOPR)
FERC Also Says Voluntary REC Generators Must Ensure Purchasers Do Not Resell RECs For RPS Compliance, In Order To Receive MOPR Exemption
April 17, 2020
Integrated Generator-Retailer Recommends PUC Adopt Long-Term Capacity-Only Product For Default Service Load
Retail Suppliers Suggest PUC Embrace Secondary Market For Capacity -- Encourage Transactions Between "Willing Buyers And Sellers", Rather Than Relying Entirely On The PJM RPM
April 15, 2020
Energy Management, Demand Response Provider Newly Entering U.S. Market Names Managing Director Of U.S. Operations
Rodan Energy Solutions, a Canadian-based provider of distributed energy resource asset optimization, demand response services, energy intelligence, and energy management information systems which has recently expanded to the United States, named John Carroll as Managing Director of U.S. Operations…
April 8, 2020
Energy Harbor (Formerly FirstEnergy Solutions) Receives Natural Gas Supplier License In New State
The New Jersey BPU granted Energy Harbor, LLC f/k/a FirstEnergy Solutions Corp. a natural gas supplier license
March 27, 2020
New Jersey BPU Opens Resource Adequacy Proceeding To Consider Leaving PJM Capacity Market
Seeks Comments On Changes To Default Service; State Power Authority, Portfolio Manager
The New Jersey Board of Public Utilities formally initiated a proceeding, "to examine whether New Jersey can achieve its long-term clean energy and environmental objectives under the current resource adequacy procurement paradigm and, if not, recommend how best to meet New Jersey’s resource adequacy…
March 19, 2020
Updated: New Jersey BPU Adopts Door-to-Door Sales Ban For Retail Energy Suppliers
The BPU's written order specifically provides that, "All door-to-door sales activity by third-party suppliers or other sales persons selling energy or energy related products (for example: residential solar, community solar, or energy efficiency offerings) are to be suspended immediately."
March 18, 2020
New Jersey BPU Set To Consider Door-to-Door Sales Ban For Retail Energy Suppliers On March 19
At an emergency meeting tomorrow (March 19), the New Jersey BPU is to consider an order under which, "Any door-to-door sales activity by Third Party Suppliers or other sales persons selling energy or energy related products (for example: residential solar, community solar, or energy efficiency…
March 17, 2020
Wind-Solar Group: Retail Market "Flaw" Of Allowing Insufficiently Creditworthy Retail Suppliers Harms Long-Term Contracting To Support Renewable Development
The Wind-Solar Alliance published a report entitled, "Retail Electric Market Structure Reforms In Support Of Resource Adequacy And Clean Energy Deployment," which states "insufficient creditworthiness standards" for retail electric providers in non-ERCOT states, "affect the ability of retailers to…
March 13, 2020
Updated: Update #3: Pennsylvania Prohibits Disconnections; ComEd Suspends Shutoffs
PUCs Undertake Coronavirus Measures, Disconnection Moratoriums, New Utilities Added (Including States With Supplier Consolidated Billing)
March 13, 2020
PJM Proposes Schedule To Conduct 2022/2023 & Later Base Residual Capacity Auctions
During a stakeholder meeting yesterday, PJM proposed a schedule for the base residual capacity auctions (BRA) for 2022/2023, and later years, which have been delayed due to a FERC order
March 12, 2020
New COO Named For Company's Energy Marketing Holding Segment
New Jersey Resources today announced its board of directors named Amy Cradic as Senior Vice President and Chief Operating Officer (COO) of Non-Utility Businesses, Strategy and External Affairs and Dave Johnson as Vice President of Corporate Business Development.
March 6, 2020
Energy Harbor (Formerly FirstEnergy Solutions) To Enter Texas Retail Electric Market, Additional States
Energy Harbor Seeks Ohio Natural Gas Supplier License
Energy Harbor LLC applied for an Ohio natural gas supplier license to serve all customer classes in all service areas
March 4, 2020
Another State To Use Capacity Proxy Price For SOS Auctions Due To Lack Of PJM Forward Capacity Price
Maryland PSC Staff, in presenting recommendations from a working group, have presented to the Commission revisions to the electricity SOS residential and Type I procurement process due to the ongoing delay of several PJM Base Residual Auctions for capacity for delivery periods beginning June 1, 2020
February 21, 2020
AEP Energy Reports Higher Retail Margins, Customer Growth
AEP, in reporting earnings for the year 2019, said that its competitive retail segment (AEP Energy) saw higher retail margins and customer growth.
February 20, 2020
New Jersey Lifts Advanced Metering Pre-Approval Moratorium, Directs EDCs To File Petitions For AMI Implementation
The New Jersey BPU has lifted the moratorium on pre-approval of advanced metering infrastructure (AMI) implementation programs
February 5, 2020
New Jersey Residential, Small C&I BGS Default Service Auction Results In Higher Prices Versus 2017 Rates Being Replaced
"Slightly" Higher Energy Costs For Customers
The New Jersey BPU has approved the 2020 procurement of contracts for one-third of the fixed price Basic Generation Service (BGS) default electric service
January 22, 2020
New U.S. Retail Supplier Entrant SmartestEnergy Launches Pricing
SmartestEnergy, a U.K. retail energy supplier newly entering the U.S. market, is now actively pricing in all New York utilities
January 22, 2020
PSE&G To Issue Bill Credits For Default Service Gas Supply In February And March
PSE&G announced today that it is issuing a bill credit to its default service customers for its gas supply during February and March due to lower gas supply costs.
January 22, 2020
Retail Energy Supply Association Announces Election Of 2020 Executive Committee And State Chairs
The Retail Energy Supply Association (RESA) announced the election of its new officers and state chairs for 2020.
January 22, 2020
Retail Electric Supplier Expanding To Natural Gas
Rushmore Energy, LLC applied for an Ohio natural gas supplier license to serve all customer classes in all service areas
January 20, 2020
Utility Affiliate FirstEnergy Home Seeks Electric Broker/Aggregator License
Suvon, LLC, d/b/a FirstEnergy Advisors and FirstEnergy Home, applied for an Ohio power broker and aggregator license to serve all customer classes in all service areas.
January 9, 2020
PJM Won't Run Base Residual Capacity Auctions Until FERC Approves Price Floors, Could Delay BRAs Beyond 2020
Vistra Energy Reports Negative Impact On Retail Contract From Delay
At a Market Implementation Committee yesterday, PJM said that it will not conduct a Base Residual Auction for capacity until FERC rules on new price floors to be developed as a result of FERC's recent order expanding the minimum offer price rule (MOPR)
January 8, 2020
Parents Of Retail Suppliers To Exchange Ownership Of Generation Assets
Vistra Energy Corp. and NextEra Energy, Inc. have applied at FERC for a series of transactions that will ultimately result in two generating assets currently co-owned by the companies to each becoming solely owned by one of the respective companies
December 20, 2019
PSE&G Lowers Default Service Rate
PSE&G announced today that it will lower its residential natural gas supply rate, effective Jan. 1, 2020.