August 4, 2011
License Briefs
Reliant Receives Authority to Serve Residential Customers at ComEd
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August 4, 2011
Reliant Energy Posts Continued Customer Growth, Affirms Northeast Mass Market Expansion
Reliant Energy reported lower adjusted EBITDA for the quarter of $176 million, down from $195 million a year ago, on lower unit margins, parent NRG Energy reported this morning.
August 3, 2011
License Briefs
Viridian Energy Seeks Maine Electric License
August 3, 2011
Constellation's NewEnergy Segment Reports Higher Earnings
Constellation's NewEnergy segment reported higher adjusted earnings of $52 million for the second quarter, versus $44 million a year ago.
August 3, 2011
Amerigreen Energy Begins Offering Residential Electricity on PA Power Switch
Amerigreen Energy has begun offering residential electric supply at PECO and PPL Electric Utilities on PA Power Switch.
August 2, 2011
Respond Power Providing Cash to Customers Reducing Usage in Response to Alerts
Respond Power has modified its dynamic rate product for customers at PPL Electric Utilities, now providing rewards for residential and commercial customers who reduce usage in response to alerts in addition to the previously offered rebates which were not tied to specific load reductions.
August 2, 2011
Pa. PUC Orders Met-Ed/Penelec Referral Program to Resume as Scheduled
In an order issued Monday, the Pennsylvania PUC ordered that the letter-based customer referral programs at Met-Ed and Penelec shall move forward, given the recent entry of several additional retail suppliers into the territories (P-2009-2093053).
August 1, 2011
Weekly Residential Migration at West Penn Power Nears 5,000
Weekly residential migration at West Penn Power approached 5,000 customers, according to the latest statistics from the Pennsylvania PUC.
July 29, 2011
Briefly
Pa. PUC Grants Temporary Waiver from Budget Billing to Constellation NewEnergy
July 29, 2011
License Briefs
Energy Services Providers, Inc. Receives Expanded Pennsylvania Electric License
July 28, 2011
Direct Energy Reports Higher Profits, Lists Top Markets for Residential Entry
Direct Energy reported a 32% increase in profit for the first six months of 2011, from US$212 million to US$279 million, due to strong sales performance of Direct Energy Business as well as the acquisitions of Clockwork Home Services and the Wildcat Hills gas assets.
July 28, 2011
Pennsylvania PUC Concludes Default Service Is Barrier to Electric Choice, Changes to be Investigated in Phase II
The "inescapable conclusion" from the Pennsylvania PUC's first phase of its investigation of the retail electric market is that, "Pennsylvania's current retail market requires changes in order to bring about the robust competitive market envisioned by the General Assembly when it passed the…
July 27, 2011
Exelon Energy Retail Electric Volumes Up by Over 50%
Retail supplier Exelon Energy recorded "significant growth" during the first six months of the year, executives said during an earnings call this morning.
July 27, 2011
Texzon Utilities Pitching City Marketing/Affinity Program
Broker Texzon Utilities, LTD is marketing an energy affinity program to cities as a way to raise city revenues.
July 27, 2011
GDF Suez Retail Energy Solutions to Serve Residential Customers As Well
According to an application it filed for a REP certificate in Texas, GDF Suez Retail Energy Solutions LLC will serve residential customers in addition to small commercial customers.
July 25, 2011
Briefly
PUC Grants Extension for Alternative Default Service Proposal at PGW
July 22, 2011
PPL Large C&I Optional Fixed Product Again Unsubscribed, Will Not be Offered
PPL will not offer the optional monthly pricing service to large commercial and industrial customers on default service in the next quarter, the Pennsylvania PUC directed in a Secretarial letter.
July 21, 2011
Md. OPC, Pa. OCA Call Exelon-Constellation Mitigation Proposal Inadequate
In a protest at FERC (EC11-83), the Maryland Office of People's Counsel and Pennsylvania Office of Consumer Advocate called the proposed mitigation offered by Exelon and Constellation Energy as part of their merger application inadequate, while also calling the analysis of retail market issues…
July 21, 2011
PECO, Penelec, West Penn Power Vie for Lead in Residential Migration Growth
Residential migration growth for the week topped 3,000 accounts at PECO, Penelec, and West Penn Power.
July 21, 2011
NextEra Energy Services Launches Residential Service at Met-Ed/Penelec
NextEra Energy Services has expanded its residential electric marketing to Met-Ed and Penelec.
July 20, 2011
Start-up EnergyBidder Launches Online Brokering Website
Atlanta-based EnergyBidder announced that the company will launch a new online brokering website: www.energybidder.com .
July 20, 2011
Briefly
Constellation Energy has signed an agreement to provide electricity to U.S. Postal Service facilities in New York, Massachusetts and Maine through July 2012, continuing a six-year relationship with USPS. Constellation also currently provides electricity to the USPS in Connecticut, Pennsylvania…
July 20, 2011
Alphabuyer Survey Finds Most Cited Reason for Not Shopping is Lack of Perceived Savings
The most cited reason by Pennsylvania customers for not switching energy providers is that, "the perceived cost savings was not significant enough to make switching energy providers worthwhile," according to a survey conducted on behalf of aggregator Alphabuyer.
July 19, 2011
Briefly
Texas Power has announced a new 12-month fixed rate of 8.2 cents per kWh for service in the Oncor area (based on 1,000 kWh usage), which Texas Power said is its lowest fixed-term rate to date. The rate ties for the lowest 12-month fixed rate on Power to Choose (with Potentia Energy and Pennywise…
July 19, 2011
Pennsylvania Residential Gas Migration Rate Slides in All Areas Except Columbia, PECO
The Pennsylvania Office of Consumer Advocate has posted updated residential natural gas migration statistics as of July 1, 2011.