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June 14, 2011
IDT Energy reported $8.6 million in income from operations for the quarter ending April 30, 2011, versus $9.9 million a year ago, due to higher marketing expenses and well as a decrease in natural gas gross margin.
June 13, 2011
NextEra Energy Services Seeks Ohio Gas License
June 13, 2011
Ambit Energy will continue its New York expansion in July, entering two additional territories, CEO Jere Thompson, Jr. and Chief Marketing Officer Chris Chambless told Matters.
June 10, 2011
Ambit Energy announced that it passed 500,000 active customers in the first quarter of 2011.
June 8, 2011
PPL EnergyPlus Surpasses 10,000 Residential Customers
June 6, 2011
No doubt emboldened by several recent FERC decisions, several New York capacity suppliers have filed a complaint at FERC alleging that the New York ISO's implementation of its buyer-side market power mitigation provisions is in violation of its tariff.
June 3, 2011
If the Pennsylvania PUC removes the default service role from the electric distribution utilities, it must require, "that any default service provider(s) and all EGSs [electric generation suppliers] offer full net metering compensation to their customers," PennFuture said in comments to the PUC…
May 31, 2011
Alphabuyer Receives Maryland Broker License, Will Enter N.Y., N.J. Markets
May 27, 2011
FirstEnergy Solutions to Supply Fulton, Illinois Opt-Out Aggregation
May 26, 2011
"The effects of a competitive retail electricity market are mixed across states, but generally appear to lower prices in states with high participation and raise prices in states that have little customer participation," says a white paper from the Federal Reserve Bank of Dallas .
May 25, 2011
An Ambit Energy consultant has filed a suit against Ambit alleging breach of contract, and that Ambit's multi-level marketing network is a "pyramid scheme" contrary to federal law.
May 23, 2011
Of the Rochester Gas & Electric customers to be newly exposed to hourly default service over a two-year phase-in ending in 2012, about 85 are currently taking default service, the New York PSC reported in a written order on RGE's compliance plan.
May 20, 2011
Just Energy Group Inc. reported adjusted EBITDA of $118.3 million for the quarter ending March 31, 2011 (fourth quarter of fiscal 2011), up from $109.0 million a year ago (all figures Canadian).
May 20, 2011
The New York PSC approved a plan to lower the hourly priced default service threshold at Rochester Gas & Electric to 300 kW.
May 18, 2011
Viridian Energy Now Named Cincinnati Bell Energy in Ohio
May 17, 2011
Energy Plus Holdings, LLC, has entered into a partnership with the Penn State Alumni Association to offer more than 360,000 Penn State alumni a variable rate on electricity and ongoing cash-back rewards for residents of Connecticut, Illinois, Maryland, New Jersey, New York, Texas and most of…
May 16, 2011
In addition to transitioning to spot-based capacity pricing for retail customers, Niagara Mohawk must ensure that capacity costs are tied, to the maximum degree possible, to the customer's actual usage patterns, the Retail Energy Supply Association said in comments to the New York PSC (10-E-0050).
May 16, 2011
PJM's Base Residual Auction for the 2014-2015 Delivery Year produced a clearing price, for all resources except Limited Demand Response, of $125.99/MW-day for the Rest of RTO region, a spike of nearly $100 versus the 2013-2014 clearing price of $27.73/MW-day.
May 12, 2011
Constellation Energy announced this morning a definitive agreement to acquire 100 percent of MXenergy, which serves more than half a million customers in 15 states and two Canadian provinces.
May 6, 2011
Reliant Energy is "well along" in the process to launch as a residential retail provider in the Northeast, said NRG Energy COO Mauricio Gutierrez yesterday during an earnings call.
May 4, 2011
Reliant Receives Authority to Serve Residential Customers in Maryland
May 4, 2011
SouthStar Energy Services contributed EBIT of $68 million to AGL Resources for the first quarter of 2011, compared to $74 million for the same period in 2010.
May 3, 2011
BGE Files Updated Bypassable SOS Transmission Rates
May 3, 2011
Consolidated Edison and ESCOs were not able to reach complete consensus on modifications to ConEd's rate ready billing system to permit ESCOs to use rate ready billing for dynamic and demand-based rates (09-E-0428).
April 29, 2011
Viridian Energy is planning to launch electric service to residential customers at Commonwealth Edison in August, the supplier told Matters.
