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February 4, 2011
Texas Retail Energy Seeks Illinois License Texas Retail Energy, LLC applied Thursday for an Illinois alternative retail electric supplier license. A copy of Texas Retail Energy's application was not immediately available. Texas Retail Energy, which serves as Wal-Mart's self-supplier, is currently…
February 3, 2011
Ambit Energy Offering Residential Service at PECO Ambit Energy has started offering residential electric service at PECO through PA Power Switch, with a variable rate currently priced at 8.4¢/kWh. Ambit is also offering a 12-month fixed product, as well as fixed and variable renewable products…
February 3, 2011
Direct Energy said yesterday that it is looking to expand its residential business "rapidly" in 2011, as it consolidated its U.S. Northeast residential operations in Pittsburgh.
February 2, 2011
TriEagle Energy's expansion outside of ERCOT is driven by the desire to diversify its operations, and due to the saturation of the ERCOT market, Rob Cantrell, TriEagle Senior Vice President of Sales and Chief Marketing Officer, told Matters yesterday.
January 31, 2011
The introduction of 1,800 MW of new capacity in the Pepco zone, which would bid into the Reliability Pricing Model at $0 due to a ratepayer-based long-term contract, would save PJM end users $1 billion annually in capacity payments, according to an analysis by the Independent Market Monitor.
January 31, 2011
AEP Ohio has proposed for Ohio Power an electric security plan for the period January 1, 2012 through May 31, 2014, that would include a half dozen new nonbypassable riders, plus the continuation of several existing nonbypassable riders (11-0348-EL-SSO et. al.). The electric security plan presumes…
January 31, 2011
Ohio Power's proposed electric security plan is designed to eliminate the "free ride" enjoyed by competitive suppliers and decrease migration in the AEP Ohio territories, AEP CEO Michael Morris said during an earnings call Friday.
January 31, 2011
AEP Texas Commercial & Industrial Limited Partnership has applied to amend its Texas REP certificate from an Option 2 REP to an Option 1 REP.
January 28, 2011
Yesterday, the Public Utilities Commission of Ohio issued a further order regarding the credit to be paid to Columbus Southern Power customers as a result of the determination that Columbus Southern Power over-earned under the application of the Significantly Excessive Earnings Test (SEET), but the…
January 28, 2011
The Public Utilities Commission of Ohio has approved the results of the latest procurement for default service supplies under the FirstEnergy Ohio utilities' electric security plan.
January 26, 2011
Pepco, Delmarva Ask to Withdraw SOS CWC Tariffs from Admin Meeting Pepco and Delmarva Power filed formal requests with the Maryland PSC to withdraw their January 18, 2011 tariff filings, under which SOS rates would be increased next month to reflect higher cash working capital costs, from today's…
January 21, 2011
N.Y. PSC Approves Monthly Balancing at KEDLI The New York PSC approved KeySpan Energy Delivery Long Island's tariff (06-G-1186) to implement an Interim Monthly Balancing Transportation Program for its non-firm transportation customers receiving service under Service Classification No. 7…
January 21, 2011
FERC ruled yesterday that Columbus Southern Power and Ohio Power are not authorized to introduce a new formula rate to set the price paid for capacity by competitive retail suppliers under the AEP Ohio Fixed Resource Requirement (ER11-2183).
January 20, 2011
The Public Utilities Commission of Ohio approved higher fuel adjustment clause (FAC) rates for customers at Ohio Power, effective with bills rendered beginning with the next billing cycle of 2011 (10-3043-EL-FAC et. al.).
January 20, 2011
Vectren Energy Delivery of Ohio's second Standard Choice Offer (SCO) auction produced a Retail Price Adjustment of $1.35 per Mcf, which was approved by the Public Utilities Commission of Ohio yesterday (07-1285-GA-EXM).
January 19, 2011
5Linx Enterprises Seeks Maryland Broker Licenses 5Linx Enterprises, Inc. applied for Maryland electric and natural gas broker licenses. Copies of the applications were not immediately available. As only noted in Matters, 5Linx Enterprises is a direct marketer expanding its product suite to energy…
January 18, 2011
FirstEnergy Solutions Revises Residential Pricing FirstEnergy Solutions has revised its residential electric pricing in several areas. FirstEnergy Solutions' new residential pricing is as follows:
January 14, 2011
PSEG Power Selling Texas Gas-fired Assets PSEG Power has agreed to the sale of its Texas generating assets, consisting of two 1,000 megawatt gas-fired combined cycle generating units which will be sold in two separate transactions. The Odessa facility in West Texas will be sold, pursuant to an asset…
January 14, 2011
AEP Retail Energy has begun offering residential electric service in Ohio.
January 13, 2011
IDT Energy Offering PECO Residential Service on PA Power Switch IDT Energy has started offering a residential electric rate on PA Power Switch for the PECO territory. IDT is offering a variable rate currently priced at 9.8139¢/kWh. As previously reported, IDT Energy began offering service through PA…
January 13, 2011
Exelon Seeking Texas Option 1 REP Certificate ExTex Retail Services Company, LLC, which is Exelon's Texas retail electric provider, applied at the PUCT to transition from an Option 2 REP to an Option 1 REP. Option 2 REPs are limited to serving only specifically identified customers, each of whom…
January 12, 2011
The Public Utilities Commission of Ohio ruled yesterday that Columbus Southern Power generated $42.6 million in significantly excessive earnings in 2009, which will be refunded to customers through bill credits and the elimination of deferrals.
January 12, 2011
AEP Ohio sought rehearing of the Public Utilities Commission of Ohio's order establishing a state compensation mechanism for capacity under the AEP Ohio Fixed Resource Requirement (FRR) plan, arguing that PUCO lacks such authority, and that PUCO's order infringes upon FERC's exclusive jurisdiction…
January 11, 2011
Start-up Veteran Energy Seeks Texas REP Certificate Veteran Energy LLC applied for a Texas REP certificate. Veteran Energy, a start-up, was founded by Kevin Barber, a 17-year gas and power industry veteran who was most recently a regional trading team leader at Integrys Energy Services for wholesale…
January 7, 2011
BlueStar Energy Services Applies for Texas REP Certificate BlueStar Energy Services, Inc. applied for an Option 1 Texas REP certificate. BlueStar serves residential customers in Illinois and Pennsylvania, and serves medium and large non-residential customers in those states as well as California…
