August 29, 2012
Consumer Sales Solutions, LLC Acquires Majority of New York ESCO Holding Company
Consumer Sales Solutions, LLC has acquired a majority stake in AP&G Holdings LLC.
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August 28, 2012
License Briefs
TERM Power & Gas, LLC Receives Gas Supplier License in New State
August 28, 2012
New York Consumer Protection Unit Intends to Propose Online Calculator of ESCO, Utility Costs at NiMo
The Utility Intervention Unit (UIU) of the New York State Department of State's Division of Consumer Protection said in the comments to the PSC that it intends to propose that Niagara Mohawk offer an online calculator on its website, "to assist current ESCO customers to determine whether it was…
August 24, 2012
New York Approves Change to RG&E Cashout Procedure
The New York PSC approved Rochester Gas & Electric's request to modify its tariff to allow the use of an alternative suitable index for cashouts as set forth in its Gas Transportation Operating Procedures (GTOP) Manual.
August 23, 2012
Briefly
CL&P Reports Last Resort Service Supplier for Q4 2012
August 23, 2012
New York Approves Pipeline Refunds to Aggregation Customers in Addition to Sales Customers at NYSEG
The New York PSC granted New York State Electric & Gas Corporation a temporary waiver of certain portions of the company's Gas Cost Refund tariff provision to allow a refund received by the company from Tennessee Gas Pipeline Company to be returned to non-daily metered (aggregation) gas customers as…
August 23, 2012
Central Hudson Revises Proposal to Implement WACOC Pricing for Capacity Releases
Central Hudson Gas & Electric has modified its tariff filing to implement Weighted Average Cost of Capacity (WACOC) pricing for capacity released to retail suppliers required to accept mandatory assignment of capacity.
August 16, 2012
Start-up Perigee Energy, LLC Prepping Retail Market Launch
Perigee Energy, LLC, a Texas-based start-up, is preparing to launch as a retail energy marketer.
August 16, 2012
North American Power Launches Gas Service in Two States; All Products Include Carbon Offset
North American Power has launched natural gas service in New York and New Jersey.
August 15, 2012
Federal Judge Dismisses Lawsuit Against Ambit Energy as Unsupported
A federal judge has dismissed a suit filed against Ambit Energy, and several of its principals, finding that claims made by BH Seven, LLC (and in an earlier version of the complaint, by BH Seven, LLC's president, Nicole Gubin) are unsupported and fatally deficient of facts.
August 15, 2012
Glacial Energy Begins Residential Marketing for Electricity, Gas in Two Additional States
Glacial Energy has begun offering residential energy supply in New York and New Hampshire.
August 14, 2012
New York ISO to Lower Credit Requirements for ESCOs, Other LSEs in ICAP Spot Auction
The New York ISO has filed tariff revisions at FERC to reduce Market Participant credit requirements to participate in the ICAP Spot Market Auction, which is mandatory for load serving entities.
August 13, 2012
Energy Choice, Inc. Expanding to Brokering
Energy Choice, Inc., which offers a variety of energy project development services, is expanding to energy brokering.
August 9, 2012
IDT Energy Focuses on Electric Customer Growth, Reports Increased Competition
IDT Energy continued to record customer growth during the three months ended June 30, 2012, though at a slower pace than the three months ended March 31, 2012, as the company focused on growing the more profitable electric customer book, rather than both its electric and gas customer base.
August 7, 2012
Retail Supplier Iron Energy to Undergo Change in Control; Sell 50% Stake
Retail supplier Iron Energy LLC has received FERC approval for a transaction under which 50% of the membership interests in Iron Energy LLC will be transferred to Circle Tree Energy Partners, LLC.
August 6, 2012
NYSEG Proposes Merging Gas Supply Areas, Using System-Wide WACOC for Releases to ESCOs
NYSEG has proposed consolidating its remaining two Gas Supply Areas (GSAs) into a single GSA, and adopting a system-wide weighted average cost of capacity (WACOC) for the release of capacity to ESCOs, in a report on a NYSEG and Rochester Gas & Electric gas supply collaborative filed with the New…
August 1, 2012
Briefly
Sale of Retail Supplier Alpha Gas & Electric Consummated
July 31, 2012
BMW Selects Green Mountain Energy for Affinity Program
BMW and Green Mountain Energy Company on July 31 announced a partnership to offer drivers of the BMW ActiveE electric vehicle the opportunity to purchase either RECs, or load-following electric supply, from Green Mountain Energy.
July 26, 2012
Direct Energy Reports Six-Month Results
Direct Energy reported operating profit for the first six months of 2012 of US$263 million, versus US$279 million for the first half of 2011.
July 26, 2012
BlueRock Energy Announces Growth Milestones, Will Expand Beyond New York
Syracuse, New York-based BlueRock Energy, Inc., has announced several growth milestones experienced in 2012, and stated an intention to expand beyond the New York market.
July 26, 2012
Stream Energy to Expand to New York
Stream Energy is to expand its retail electric marketing to New York.
July 25, 2012
New York Posts Electric Migration Data Through March 2012
The New York PSC has posted updated electric migration statistics, through March 2012.
July 23, 2012
License Briefs
Xoom Energy Receives Licenses in New State
July 13, 2012
ConEdison Solutions Expanding to Natural Gas Supply
ConEdison Solutions has expanded to natural gas supply.
July 12, 2012
Direct Energy to Acquire Energetix, NYSEG Solutions
Centrica plc's North American subsidiary, Direct Energy, has agreed to acquire New York-based energy retailers Energetix, Inc. and NYSEG Solutions, Inc. for US$110 million in cash, plus additional working capital.