June 2, 2014
Former Retail Supplier SVP Launching Broker
Retail Energy Partners LLC has applied for an Ohio electric broker license to serve all customer classes in all service areas.
Ohio
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May 30, 2014
Duke Energy Files New Default Service Plan, Proposes "Price Stabilization" Rider
Duke Energy Ohio has filed for approval of an electric security plan governing the procurement and pricing of default service for the period June 1, 2015 to May 31, 2018
May 30, 2014
Retail Supplier Signs Credit, Supply Agreement
Retail supplier Star Energy Partners LLC announced that it has, "entered into an agreement with an unnamed, large competitive energy supplier with generating facilities throughout the country, and operations and business activities in the U.S. and Canada."
May 29, 2014
Ohio Discloses Winning Bidders in AEP Ohio Default Service Auction
The Public Utilities Commission of Ohio has disclosed the winning bidders of a May auction for 25% of AEP Ohio's standard service offer (SSO) energy requirements for the delivery period November 2014 through May 2015.
May 29, 2014
PUCO Approves One Nonbypassable Generation Rider at DP&L, Denies Another
The Public Utilities Commission of Ohio has approved implementation of a nonbypassable rider for certain deferred generation costs at Dayton Power & Light, but denied making additional deferred transmission costs nonbypassable.
May 29, 2014
License Briefs
Retail Supplier Park Power Seeks License in New State
May 27, 2014
Backbreaking: Capacity Prices Double in Latest PJM Auction
Rest of RTO capacity prices in PJM increased by 100% in PJM's 2017/18 Base Residual Auction.
May 22, 2014
Ohio Changes Calculation of Price to Compare
The Public Utilities Commission of Ohio has changed the calculation of the electric Price to Compare, in an order on rehearing of its retail market order.
May 21, 2014
Ohio Staff Recommend Denial of AEP Ohio's Power Purchase Agreement Rider
Staff of the Public Utilities Commission of Ohio have proposed that the Commission reject AEP Ohio's proposed Power Purchase Agreement Rider, in testimony on AEP Ohio's electric security plan filing.
May 21, 2014
License Briefs
The Georgia PSC recently granted Colonial Energy, Inc. a natural gas marketer certificate. Colonial had been serving interruptible customers in Georgia, but the certificate now allows Colonial to serve firm service customers in Georgia. Colonial has said that it would focus on serving commercial and…
May 21, 2014
Ohio Staff Recommend Changes to AEP Ohio Default Service Plan to Address 'Rate Volatility', Add 36-Month Contracts
Staff of the Public Utilities Commission of Ohio have proposed changes to the procurement of default service under AEP Ohio's proposed electric security plan covering the period starting June 1, 2015 to address "potential rate volatility."
May 21, 2014
Ohio Staff Proposes 'Significant' Changes to AEP Ohio Purchase of Receivables Proposal, Including Use of Supplier-Specific Discounts
Staff of the Public Utilities Commission of Ohio have recommended "significant" changes to AEP Ohio's proposed purchase of receivables program, in testimony filed in AEP Ohio's electric security plan proceeding.
May 20, 2014
License Briefs
Star Energy Partners Seeks Gas Supplier License
May 15, 2014
Crius Energy Targets New Markets, Including Texas
Crius Energy intends to expand its Viridian Energy brand into five new states in 2014, including Texas.
May 13, 2014
Ohio Retail Market Veteran Launching New Broker
Thomas McCune, an eight-year veteran of the Ohio retail energy market, is launching a new broker, Daybreak Energy LLC
May 13, 2014
Former Ameresco Manager Launches New Energy Broker
Walter Jones, who spent over a decade at Ameresco, has launched a new energy broker, Barranca Energy Procurement Services, LLC
May 12, 2014
Retail Supplier Suggests That State Should "Standardize" Certain Terms of Service in Contracts
Champion Energy Services, LLC has suggested to the Public Utilities Commission of Ohio that PUCO should consider, "standardiz[ing] certain terms of service in CRES contracts for the residential and small commercial customer class," in order to avoid misleading and deceptive practices concerning…
May 12, 2014
Municipalities Allege FirstEnergy Solutions Behavior Violates Ohio Code
FirstEnergy Solutions' decision to pass-on higher PJM ancillary costs to customers on fixed contracts is in violation of several rules, a coalition of municipalities alleged in comments to PUCO.
May 9, 2014
Parent of DPL Energy Resources Records Impairment Due to Retail Supplier Goodwill Valuation
The AES Corporation recorded a $136 million impairment charge during the first quarter of 2014 related to all of the goodwill at retail supplier DPL Energy Resources.
May 8, 2014
Ohio Accepts Results of AEP Ohio Default Service Auction
The Public Utilities Commission of Ohio approved the results of AEP-Ohio's second energy-only auction that will ultimately determine its retail generation service rates through May 2015.
May 8, 2014
Duke Retail Reports Lower Earnings from Polar Vortex
Duke Energy's competitive retail business reported lower earnings during the first quarter of 2014 from the purchase of market power to meet polar vortex-driven customer demand.
May 7, 2014
FirstEnergy Confirms Review of Potential Regulatory Mechanism to Bring Supply Price Stability to Ohio Utility Customers
FirstEnergy confirmed during an earnings call yesterday that it is considering proposing a mechanism to provide the customers of its Ohio utilities with greater generation price stability, Leila Vespoli, FirstEnergy's Executive Vice President of Markets, said during an earnings call yesterday.
May 7, 2014
FirstEnergy Solutions Adopting More "Conservative" Retail Strategy Post-Vortex
FirstEnergy is taking a more "conservative" approach to its competitive business, including its competitive retail supplier, in response to evolving market dynamics, Leila Vespoli, Executive Vice President of Markets, said during an earnings call yesterday
May 6, 2014
Cincinnati Area Purchasing Cooperative Selects Broker
The Cooperative Purchasing Effort of the Archdiocese of Cincinnati has selected Muirfield Energy to provide electric procurement and management services to its members.
May 6, 2014
License Briefs
The Public Utilities Commission of Ohio granted TriEagle Energy, LP an electric supplier license to serve all customer classes in all service areas.