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Exelon Generation Adjusted Earnings Lower

Exelon's Generation unit reported adjusted earnings of $499 million for the third quarter of 2010, versus $504 million a year ago, on lower energy gross margin largely due to lower energy prices under the power purchase agreement with PECO and higher nuclear fuel costs.

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PECO to Raise Residential Generation Rates Oct. 28

As part of a reconciliation of the competitive transition charge (CTC), PECO is raising its residential generation rates effective October 28, according to a tariff supplement filed with the Pennsylvania PUC (Docket M-2009-2128478). The rates would remain in place until the new post-2010 default…

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Rendell: Direct Energy Auction Proposal Deserves Consideration

Direct Energy's retail auction proposal to serve mass market customers at what would be the combined FirstEnergy Corp.-Allegheny Energy distribution companies in Pennsylvania should be considered "carefully," Pennsylvania Governor Ed Rendell said in a keynote to a National Energy Marketers…

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Briefly

Md. Staff Recommend Commission Note IGS Filing to Use Columbia Retail Energy Trade Name

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Pa. PUC Approves Increase in PECO Retainage Rate

The Pennsylvania PUC approved a settlement in PECO's 1307(f) Purchased Gas Cost rate investigation which requires PECO to increase the retainage volume adjustment for natural gas transportation service customers from 2.5% to 2.8% for a period of one year commencing December 1, 2010 (R-2010-2174034…

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Pennsylvania Retail Energy News (Page 169) | EnergyChoiceMatters.com