September 24, 2021
Energy Consultant Acquires Retail Energy Broker
A1 Restoration, Inc., d/b/a A1 Energy, has acquired all of the stock of retail energy broker Susquehanna Energy Advisors, Inc. (SEA)
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September 21, 2021
Retail Supplier Affiliate Secures $175 Million Of Capital From PE Firm For Bitcoin Mining, Data Center Venture
Talen Energy Corporation ("Talen") and its wholly-owned subsidiary Cumulus Growth Holdings LLC ("Cumulus Growth") announced today that, "they have taken additional steps forward in capitalizing and executing Talen's strategic transformation to a renewable energy and digital infrastructure growth…
September 16, 2021
Retail Energy Supplier Acquiring Book Of Customers
Respond Power LLC d/b/a Major Energy Electric Services, a brand of Via Renewables (f/k/a Spark Energy), is acquiring a book of retail electric customers from Starion Energy
September 15, 2021
PUC Denies Waiver Sought By Retail Supplier In Connection With Acquisition
The Pennsylvania PUC denied a petition from IGS Energy related to licensing as a result of a series of transactions related to the acquisition of customers, from Dominion Energy Solutions, by its joint venture with Dominion Energy
September 15, 2021
BP Energy Retail Receives Texas REP Certificate
The Public Utility Commission of Texas granted BP Energy Retail LLC an Option 1 Texas retail electric provider certificate
September 15, 2021
Shell Closes On Acquisition Of Retail Supplier Serving Over 200,000 Residential Customers
Retail energy supplier Inspire announced that it has officially completed its acquisition agreement with Shell New Energies US LLC (Shell), a subsidiary of Royal Dutch Shell plc.
September 8, 2021
Retail Supplier Acquiring Book Of Customers
Major Energy Services, LLC, a brand of Via Renewables (f/k/a Spark Energy), is acquiring a book of retail natural gas customers from CIMA Energy Solutions, LLC
September 3, 2021
Vistra-Owned Electricity Shopping Service (Broker) Seeks To Serve Residential Customers In Another New State
Blitz Ventures, Inc. d/b/a EnergyBot, the retail electricity plan comparison website owned by Vistra, filed for an amendment to its Maryland electric and natural gas broker licenses to serve residential customers in all service areas
September 3, 2021
Autonomous Vehicle, Utility Transformation Vets Form Start-up Retail Supplier Focused On Electrification, Clean Energy Transition
Start-up Elephant Energy, LLC has been formed to, "accelerat[e] the transition to a sustainable future by building a 21st century energy supplier that (1) delivers an amazing customer experience, (2) integrates low-cost renewables and demand flexibility, and (3) delivers products for consumers to…
September 2, 2021
Grand Energy Seeks Retail Supplier Licenses In New State
Grand Energy, LLC applied for Pennsylvania electric and natural gas retail supplier licenses
August 31, 2021
Retail Supplier To Pay $42,000 Under Settlement With PUC Staff Concerning Alleged Misrepresentations
Investigation Once Again Prompted By PUC's Oversight Director Receiving Retail Energy Sales Pitch
Discount Power, Inc. ('Discount Power,' 'DPI,' or 'Company') would pay approximately $42,000 under a settlement with the Pennsylvania PUC's Bureau of Investigation and Enforcement ('I&E') to resolve various alleged violations, including alleged instances of deceptive and misleading telemarketing…
August 30, 2021
Retail Supplier Affiliate Which Recently Launched Data Center Subsidiary Applauds Pennsylvania Data Center Tax Exemption
Talen Energy Corporation ("Talen" or "the Company"), which continues to operate as a retail supplier on a scaled back basis, and its newly created subsidiary Cumulus, applauded the enactment of an exemption of data center IT infrastructure investments from state sales and use tax in Pennsylvania.
August 26, 2021
Pa. PUC Proposes To Extend Five-Day Waiting Period For Natural Gas Switches
The Pennsylvania PUC has proposed in a tentative order to continue, for another three years, a waiver which provides for a shortened five-day waiting period related to natural gas switches, as the issue continues to be addressed in a pending rulemaking
August 26, 2021
Pennsylvania PUC Says Electric Utilities May Use On-Bill Billing For Their Own Non-Regulated Services Without Offering Same Service To Retail Suppliers
The Pennsylvania PUC has reversed an initial decision from an ALJ and has found that the use of "on-bill billing" by the FirstEnergy Pennsylvania electric utilities for their own non-commodity goods and services, while not offering the same on-bill billing service for the non-commodity goods and…
August 25, 2021
United Energy Trading Seeks Supplier License In New State
United Energy Trading, LLC applied for a District of Columbia natural gas supplier license to serve commercial and industrial customers
August 24, 2021
New Retail Supplier Created By Texas Natural Gas Marketer Receives License In Northeast State
The Public Utilities Commission of Ohio granted IGT Ohio a retail natural gas supplier license to serve all customer classes in all service areas.
August 24, 2021
Start-up Progressive Light and Power Seeks Retail Supplier Licenses
Start-up Progressive Light and Power LLC applied for Pennsylvania electric and natural gas retail supplier licenses
August 23, 2021
New Wave Energy Corp Launching Service In New State
New Wave Energy Corp has announced, "its approval on Florida Gas Transmission and by Tampa Electric Co/People’s Gas (TECO) to directly provide natural gas to end users in the Sunshine State."
August 20, 2021
Bankrupt Retail Supplier Enters Stalking Horse Agreement For Sale
Expected Sale Price, Bidder Disclosed Bankrupt Retail Supplier Serving Over 100,000 RCEs
Liberty Power Holdings, LLC, Liberty Power District of Columbia, LLC, LPT, LLC, and Liberty Power Maryland, LLC (collectively, Liberty or Debtors') have filed for approval at a bankruptcy court to designate NRG Retail, LLC as a stalking horse bidder
August 12, 2021
Natural Gas E&P Company To Buy Temple Power Plant In ERCOT
BKV Corporation, in partnership with Banpu Power US Corporation, has signed a purchase and sale agreement to purchase all of the equity interests in Temple Generation Intermediate Holdings II, LLC, the entity that owns, through its subsidiary Temple Generation I, LLC, the Temple 1 power plant in…
August 12, 2021
Pennsylvania PUC Asks Further Questions On Utility Ownership Of Energy Storage, Wholesale Market Participation
The Pennsylvania PUC issued a further set of questions for stakeholder comment in its proceeding examining the utilization of storage resources as electric distribution assets
August 6, 2021
PUC Schedules Online Door-to-Door Marketing Training As Moratorium Lifted, All Suppliers Advised To Attend
The Pennsylvania Public Utility Commission’s (PUC) Office of Competitive Market Oversight (OCMO) announced upcoming online training in the door-to-door marketing regulations at 52 Pa. Code Chapter 111.
August 5, 2021
NRG Reports Higher Adjusted EBITDA Excluding Uri Impact, On Direct Energy Acquisition
NRG Reports Impairment Losses Due To Planned Retirement Of PJM Assets
NRG Energy reported Adjusted EBITDA, (excluding Winter Storm Uri impacts), of $656 million for the quarter ending June 30, 2021, up from $574 million a year ago.
August 5, 2021
PUC Approves $150,000 Settlement With Retail Supplier
Investigation Prompted When Mailer With Alleged Violations Received By PUC's Director Of Oversight
The Pennsylvania PUC approved without modification settlement between National Gas & Electric, LLC (NG&E) and the PUC's Bureau of Investigation and Enforcement ('I&E') under which National Gas & Electric will pay a $120,000 civil penalty and contribute $30,000 to PPL's hardship fund to resolve…
August 3, 2021
Retail Supplier Announces Bitcoin Mining Joint Venture
Talen Energy Corporation ("Talen" or "the Company"), which continues to act as a retail electric supplier on a scaled back basis, announced today that, as part of its previously reported, "strategic transformation to a renewable energy and digital infrastructure growth platform," it has entered into…