January 22, 2014
Updated: NRG Energy Confirms It Is "Working With" Comcast on Retail Energy Initiative
NRG Energy has confirmed to EnergyChoiceMatters.com that it is "working with" Comcast on a retail energy initiative.
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January 22, 2014
Updated: ABACCUS Report Ranks Best Retail Electric Markets
Distributed Energy Financial Group LLC (DEFG) has released its 2014 Annual Baseline Assessment of Choice in Canada and the United States (ABACCUS), which identifies the states that have the most active retail electricity markets in North America.
January 22, 2014
Briefly
TXU to Pay Customers $37 Million in Cashback Rewards
January 22, 2014
New Retail Supplier Offering Service at West Penn Power
Oasis Power, LLC d/b/a Oasis Energy has begun offering residential electric service at West Penn Power in Pennsylvania.
January 22, 2014
Retail Supplier Parent Expects Lower Commodity Margin in 2014, Cuts Dividend
FirstEnergy Corp. announced a cut in its dividend as it also reported 2014 guidance which includes lower contribution from its competitive energy services segment.
January 21, 2014
American Power & Gas Launches Service in Three New Territories
American Power & Gas has launched residential natural gas service at UGI Utilities-Gas Division, UGI Central Penn, and UGI Penn Natural Gas in Pennsylvania.
January 21, 2014
New Retail Supplier Offering Service at Duquesne Light
Park Power has begun offering residential electricity supply at Duquesne Light in Pennsylvania.
January 21, 2014
Affiliate of Canadian Retail Supplier Offering Service in Five New U.S. Territories
SFE Energy has begun offering residential electric service at Duquesne Light, Met-Ed, Penelec, Penn Power, and West Penn Power in Pennsylvania.
January 17, 2014
Draft Order Would Authorize Spot-Market-Based Default Service
A recommended decision from a Pennsylvania ALJ would continue the spot-market-based default service mechanism at Pike County Light & Power for two additional years.
January 16, 2014
License Briefs
Mint Energy, LLC applied for a New Hampshire electric supplier license. Mint Energy said that, initially, it will operate in the PSNH territory. Mint Energy said that during its first two years in its New Hampshire operations, it intends to operate in the service territories of Unitil, Liberty…
January 16, 2014
PUC Judge: "De Minimus" Overcharge by Retail Supplier Does Not Warrant Civil Penalty Sought by Customer
An initial decision from a Pennsylvania ALJ would decline to impose a civil penalty on Direct Energy for erroneously overcharging a customer by $1.93, finding that, "this de minimus amount does not rise to a violation warranting the need for a civil penalty to deter future violations."
January 16, 2014
Choose Energy Expands Natural Gas Comparison Site to Six States
Choose Energy officially announced the expansion of its online comparison shopping portal to natural gas service in six states: Illinois, Maryland, New Jersey, New York, Ohio and Pennsylvania.
January 15, 2014
Report: Percent of PJM Forced Outages During Cold Snap Grid Stress Four Times That of ERCOT
A white paper by ICF International regarding recent grid emergency conditions prompted by the polar vortex notes that forced outages in PJM as a percentage of generation were four times higher than forced outages in ERCOT.
January 15, 2014
Retail Supplier Opposes "Anti-Competitive" Cost Recovery Proposal Filed by PECO
Recovering the costs of a tool allowing retail electric suppliers, with customer authorization, to look-up an account number remotely, in order to facilitate shopping decisions outside of the home, should not be done through an "anti-competitive" discount to the purchase of receivables discount rate…
January 14, 2014
Ambit Energy Announces Entry for Two New States, Texas Expansion
Ambit Energy announced that it will be expanding service to Virginia and New Hampshire.
January 14, 2014
New Entrant CEO: Retail Market "Screaming" for Consolidation; Company Will Be Active in M&A; Organic Focus Is On Value-Add, Partnerships
The fragmented U.S. retail energy market is "screaming out" for consolidation, Mark Lewis, CEO of retail energy holding company ONEnergy, Inc., told EnergyChoiceMatters.com.
January 13, 2014
Consumer Advocate: Supplier Bonding Levels Should Cover Contractual Guarantees, Incentives If Supplier Defaults
The bonding required of electric generation suppliers must reflect contractual guarantees and incentives provided to customers, in case the supplier defaults and cannot perform on such obligations, the Pennsylvania Office of Consumer Advocate said in comments to the PUC.
January 13, 2014
License Briefs
Ambit Northeast, LLC d/b/a Ambit Energy applied for a New Hampshire electric supplier license, to serve residential and small commercial customers at Public Service of New Hampshire.
January 10, 2014
Briefly
FirstEnergy Solutions Offering Six-Year Rate in New Territory
January 10, 2014
Program to Allow Low-Income PECO Customers to Take Retail Supply Won't Include Price Cap; PUC Cautions Suppliers on "Great Social Responsibility"
The Pennsylvania PUC approved a program to expand retail choice eligibility to electric customers in PECO's Customer Assistance Program (CAP).
January 10, 2014
License Briefs
Affiliate of Texas REP Receives Licenses in Northeast State
January 9, 2014
License Briefs
Canadian Retail Supplier Newly Entering U.S. Receives New License
January 9, 2014
Former Retail Supplier CEO Joins Frontier Utilities as New Executive, Frontier Confirms Expansion to Natural Gas, Northeast Markets in 2014
Frontier Utilities, LLC announced that Chris Weaver has joined its executive team as Chief Financial Officer.
January 7, 2014
Capacity-Market Dependent PJM Issues "Third World" Plea for Electric Conservation
It's well-established that the ERCOT energy-only market, since the introduction of retail choice, has never been forced to shed firm load due to a lack of installed capacity compared to the reserve margin (with the two rotating outage events occurring at times ERCOT has had installed capacity in…
January 7, 2014
Retail Energy CEO, Ex-Wal-Mart Exec: "Lot of Room" to Make Energy Choice Shopping Easier for Customers
There's a "lot of room" for the retail energy industry to make it easier to understand the process for choosing a retail energy supplier, new Choose Energy CEO Kerry Cooper said during a recent interview with EnergyChoiceMatters.com.