August 28, 2020
New York Department of Public Service Staff have informed Alist Energy LLC that all requirements for its initial state of its eligibility determination as an ESCO have been satisfied.
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August 28, 2020
In a newly filed rate case at the New York PSC, Central Hudson Gas & Electric (the Company) offered two potential proposals to increase the use of renewable natural gas (RNG), with one of the proposals being the offering of a renewable gas supply option to default service customers
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August 26, 2020
ESCOs Warn $500,000 Level For Security Would Preclude Small ESCOs From Participating In Market NRG Supports $500,000 Security Level
Several ESCO groups warned the New York PSC that a proposed minimum $500,000 level for ESCO security, as proposed in a Department of Public Service Staff whitepaper, would preclude smaller retail suppliers from participating in the market
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August 26, 2020
New York natural gas ESCO High Rise Energy Group, LLC has formed a new retail supplier subsidiary: Grand Energy, LLC
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August 20, 2020
UNIONDALE, N.Y. – August 20, 2020 – EC Infosystems, a leader in Electronic Data Interchange (EDI) and Billing/Customer Information Solutions (CIS) for companies in the deregulated energy industry , has announced the successful implementation of Clearview Energy for billing and EDI services in the…
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August 11, 2020
East Coast Power & Gas of New Jersey, LLC and East Coast Power & Gas, LLC (collectively 'ECPG') informed the New York PSC that, "All ECPG's natural gas and electricity customers have been returned to their utility company as of June 30, 2020 and July 13, 2020 respectively."
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August 7, 2020
Eligo Energy has made an offer to purchase a New York-based retail energy supplier.
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August 4, 2020
Asked About Prospects For Divesting Generation, CEO Says Non-Nuclear Merchant Generation In Constant "Flux", From Annual Valuation Review
In reporting second quarter results, Exelon reported that the estimated impact of COVID-19 to Exelon utilities’ and Generation’s GAAP Net income as a result of COVID-19 is approximately $100 million and $50 million, respectively, for the second quarter of 2020 and primarily reflects the impact of a…
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August 3, 2020
National Grid Calculates New Backout Credits, Billing Charges To ESCOs Updates Merchant Function Charge, POR Discounts
As part of a rate case newly filed with the New York PSC, Niagara Mohawk (National Grid, NiMo, or "the Company") is proposing to close its non-core daily balancing transportation service to new customers, and is proposing to offer a new core daily balancing transportation service, which will require…
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August 3, 2020
Marathon Energy (Marathon) announced that it has closed on its previously reported Asset Purchase Agreement with National Fuel Resources, Inc. ('NFR'), whereby Marathon acquired NFR’s commercial and industrial gas contracts in New York and Pennsylvania, along with select other assets.
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August 3, 2020
Would Initially Recover Costs Through Merchant Function Charge; MFC Also To Be Used As "Backstop" ConEd: 60% Of Customers Express "Preference" To Purchase Their Green Power From ConEdison
Consolidated Edison Company of New York, Inc. (the "Company") petitioned the New York PSC for approval to provide residential and small commercial full-service customers with a renewable, carbon-free electricity option (the 'Green Power Program').
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July 31, 2020
Public Service Enterprise Group announced today that it is exploring strategic alternatives for PSEG Power’s non-nuclear generating fleet, which includes more than 6,750 megawatts of fossil generation located in New Jersey, Connecticut, New York and Maryland, as well as the 467-megawatt Solar Source…
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July 29, 2020
Funding To Be Used To Purchase Retail Electric & Gas Suppliers Target Market Announced
Start-up Catalyst Power Holdings LLC (Catalyst), an integrated retail energy and distributed energy solutions provider, announced today an initial equity backing of up to $60 million from the energy-focused private equity fund BP Energy Partners (BPEP) of Dallas, Texas, and Catalyst management.
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July 28, 2020
Retail supplier Kiwi Energy said that it has, "joined forces with Ampion in order to offer community solar to New York customers that reside within the Ampion serviceable areas."
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July 28, 2020
New York-based retail supplier EnergyMark said in a news release that, "EnergyMark has announced their approval for service in the PJM Electric Grid, which serves 65 million energy users and is the nation's largest regional power transmission system."
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July 27, 2020
Sustainable Westchester (SW) has issued an RFI for the electricity supply for the Consolidated Edison territory of its opt-out municipal aggregation (Westchester Power), and will issue an RFP at the beginning of September 2020
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July 21, 2020
Opens New York City Office
Arcadia, which offers a retail energy concierge service in addition to offering various clean energy solutions, has appointed Sanjiv Sanghavi as its new Chief Product Officer.
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July 15, 2020
Proposes Deferred Costs Be Included In Bypassable Price To Compare, If Utilities' Financial Health Is A Concern
In comments to the New York PSC in a COVID proceeding, the NRG retail companies ("NRG") said that the PSC should deny, for the utilities, deferred accounting for all but an extremely limited number of costs that were incurred in relation to the utilities’ strict compliance with governmental mandates…
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July 14, 2020
ESCOs Serving C&I Customers, "Are Losing Money At A Rapid And Unsustainable Rate"
Comments filed on behalf of Aggressive Energy LLC (AE) at the New York PSC, in a proceeding on COVID-19, proposed that the PSC allocate a portion of previously collected, and uncommitted, funds from various public policy riders to provided financial relief to ESCOs which are experiencing an…
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July 14, 2020
The Secretary of the New York PSC has granted ESCOs a further extension to comply with various ordering clauses under the New York PSC's retail energy market reset order
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July 13, 2020
The Retail Energy Supply Association requested from the New York PSC an extension of time to comply with Ordering Clauses 1, 2, 5, 6, and 8 of the PSC's December 2019 retail market reset order (Reset II Order).
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July 13, 2020
Direct Energy Services, LLC and several affiliates submitted comments to the New York PSC, in a proceeding concerning COVID-19, stating that Direct Energy is, "fundamentally concerned about the accuracy of ... [utility] estimated reads as well as the potential pricing, billing and general service…
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July 10, 2020
Sustainable Westchester (SW) has issued an RFI for the electricity supply for the NYSEG territory of its opt-out municipal aggregation (Westchester Power), and will issue an RFP later this month
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July 10, 2020
Group Suggests ESCOs Be Required To Continue To Fund Public Policies, But Be Prohibited From Charging Customers Line Item For Costs During Pandemic
UtiliSave, L.L.C., a utility auditing consultant, and the Public Utility Law Project of New York filed separate comments at the New York PSC concerning customer relief measures related to COVID-19, and both implicated ESCO service in their responses
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July 9, 2020
Kiwi Energy NY LLC ('Kiwi Energy') sought from the New York PSC a declaratory ruling that recognizes Kiwi Energy’s home warranty and maintenance product, hereinafter referred to as 'Kiwi Guard,' as a permissible energy-related value-added product and service (ERVAS) under the PSC's second retail…
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