June 9, 2016
Former NRG Exec Joins Distributed Energy Provider as VP, Business Development
United Wind, a provider of distributed wind energy solutions, announced that it has hired Joseph Yurcisin as its Vice President, Business Development.
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June 7, 2016
Direct Energy: NY Staff Whitepaper Price Cap Logistically Unworkable; "Puzzling" Given Negative Impact on Renewal Customers
Among other deficiencies with a proposed reference price benchmark (or price cap) to which all mass market New York fixed ESCO rates would be subject, Direct Energy said in comments on a PSC Staff whitepaper that the proposed timeline for the release and application of the benchmarks is logistically…
June 7, 2016
RESA: NY Staff Price Benchmark Proposal Would Focus on Making ESCOs "Jockey" Around Commodity-Only Reference Price, Contravening PSC's Stated Intent To Move To Value-Added Retail Market
The introduction of a reference benchmark price to which all mass market ESCO fixed rates would be subject create a market where ESCOs are forced to focus on, "jockeying around an administratively set benchmark," for a commodity-only product, rather than creating energy-related value-added products…
June 7, 2016
ESCO: Broker Fees Becoming "Larger and Larger"; NY PSC "Remiss" Not To Address Disclosure of Such Fees
The New York PSC would be "remiss" to not address the "larger and larger" share of the customer's electricity price made up of broker fees, Big Apple Energy said in comments to the PSC on a price benchmarking whitepaper
June 3, 2016
Marketer Acquires Retail Supplier
Big Apple Energy, LLC will acquire retail supplier Iron Energy, LLC under Big Apple's previously reported acquisition of Vantage Commodities Financial Services, LLC, according to a FERC filing
May 31, 2016
NY PSC Sets Technical Conference on ESCOs' Compliance With New Clean Energy Standard, Use of RECs
The New York PSC has scheduled for June 9, 2016 a technical conference concerning a new clean energy standard (CES) to be imposed on load serving entities such as ESCOs
May 25, 2016
NY PSC Schedules Technical Conference on Staff Whitepapers Regarding ESCO Price Benchmarks, Affirmative Consent, Security
The New York PSC scheduled for May 31, 2016 a technical conference on several whitepapers issued by Staff concerning the PSC's ongoing implementation of the retail market reset order
May 24, 2016
NY Utility Says Customers "Conscripted" Into Municipal Aggregation May Create Ill-Will, Opposes PSC's Inclusion of Larger C&I Customers on Opt-out Basis
National Fuel Gas Distribution Corporation sought rehearing of the New York PSC's generic order authorizing municipal aggregation on an opt-put basis statewide, as Distribution said that, "the benefits of a state-wide Opt-out enrollment model have not been demonstrated and are, accordingly, a matter…
May 23, 2016
Parent of N.Y. ESCO To Expand To New States
The parent of Citizens Choice Energy, LLC d/b/a AmeriChoice Energy has created several new subsidiaries as part of an expansion into new retail markets beyond New York.
May 23, 2016
ESCO Protests "Exorbitant" Increase in Consolidated Billing Charge Sought By NY Utilities, Seeks Phase-In
Direct Energy has sought to phase-in "exorbitant" increases in the consolidated billing charge at KeySpan New York and KeySpan Long Island (National Grid), in testimony on the KeySpan LDCs' current rate case
May 23, 2016
NY PSC Staff Seek To Double Under-Delivery Penalties For ESCOs
Staff of the New York PSC have recommended doubling certain under-delivery penalties for ESCOs at KeySpan New York and KeySpan Long Island (National Grid), in testimony on the KeySpan LDCs' current rate case
May 20, 2016
New York REV Order Allows Utilities To Offer Value-Adding "Smart Home Rate"
A New York PSC order in its Reforming the Energy Vision (REV) proceeding allows utilities to offer a "Smart Home Rate" on a "demonstration" basis.
May 18, 2016
ConEdison Solutions Preps For Sale of Retail Supply Biz, Says No Specific Buyer Yet Identified
ConEdison Solutions is taking steps to prepare for a potential transaction involving the sale of ConEdison Solutions' existing retail electricity and natural gas business
May 11, 2016
ESCO Partners With Solar Provider
Kiwi Energy recently launched a partnership with SunPower.
May 11, 2016
NEM: Case Law Does Not Support NY PSC's Attempt To Regulate ESCO Prices Through Reset Order
New York's Public Service Law (PSL) does not confer to the PSC ratemaking authority over ESCOs, and the PSC has not cited any case law supporting its reset order which the PSC has attempted to justify in part based upon its PSL obligation to ensure just and reasonable rates, the National Energy…
May 10, 2016
Retail Supplier Parent Acquires Green Charge Networks
ENGIE (f/k/a GDF Suez) announced that it has acquired an 80 percent stake in Green Charge Networks (Green Charge), a battery storage company based in California.
May 6, 2016
ConEdison Solutions Names New CEO
Mark A. Noyes has been named President and Chief Executive Officer at ConEdison Solutions
May 5, 2016
NRG Revamps Residential Solar To Originate Business For Sale To Other Providers; Sells Majority Share of EV Charging Business
NRG Energy announced today the conclusion of the GreenCo strategic review process with an agreement to sell a majority share of EVgo, and with a restructuring and simplification of its residential solar business
May 5, 2016
NY PSC Staff Whitepaper Provides Options For Imposing Additional Security Requirements on ESCOs
Staff of the New York PSC have issued a whitepaper that provides potential options for imposing additional security requirements on ESCOs
May 5, 2016
NY PSC Staff Whitepaper Proposes Alternatives To Receiving Express Customer Consent For Material Changes in Contract Terms/Renewals
The New York PSC Staff have issued a whitepaper for an alternative to the requirement to obtain express customer consent for material contract changes and contract renewal.
May 5, 2016
NY PSC Staff Whitepaper Proposes Benchmark Price That ESCOs Would Need to Beat To Offer Fixed Price Product
Staff of the New York PSC have issued a whitepaper that would establish a formula for determining an appropriate not to exceed benchmark "reference price" for a 12-month fixed price offering, thereby allowing ESCOs, contingent on a further PSC order, to offer such a product as an additional…
May 5, 2016
Spark Energy Acquires Multiple Retail Suppliers Encompassing 335,000 RCEs; CEO Hopes More Acquisitions To Be Done
Spark Energy is acquiring Major Energy and Provider Power under separate transactions, encompassing about 335,000 residential customer equivalents (RCEs)
May 4, 2016
Temporary Restraining Order Against PSC "Full Stop" Retail Market Orders Extended Further
The temporary restraining order applicable to certain orders contained in the New York PSC's "full stop" retail market order has been extended again, until May 20, 2016, Genie Energy told investors in reporting earnings this morning.
May 3, 2016
Retail Supplier Affiliate Launches Community Solar Projects for New York State Residents and Businesses
BlueRock Solar, the solar energy affiliate of BlueRock Energy, has launched a community solar offering in New York.
May 2, 2016
Retail Supplier Names Market Veteran As New President
Iron Energy LLC d/b/a Kona Energy named John Cooper as President.