August 7, 2020
Retail Energy Supplier Makes Offer To Purchase Competitor For Up To $30 Million
Eligo Energy has made an offer to purchase a New York-based retail energy supplier.
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August 5, 2020
RESA Files Protest Against Pennsylvania Broker Application Of FirstEnergy Advisors
The Retail Energy Supply Association filed a protest nunc pro tunc at the Pennsylvania PUC opposing the application of Suvon, LLC d/b/a FirstEnergy Advisors for an electric broker/marketer license, as RESA alleged, "FirstEnergy Advisors lacks the technical fitness to maintain the Pennsylvania Public…
August 4, 2020
UGI Energy Marketing Segment Reports Lower Retail Commodity Margin, Cites Lower Volumes From COVID-19
In reporting earnings for the quarter ending June 30, 2020, UGI Corporation said that its Midstream & Marketing segment, which includes retail supplier UGI Energy Services, saw lower retail commodity margin, largely related to lower volumes attributable to COVID-19
August 4, 2020
Exelon Reports Impact On Competitive Business From COVID-19
In reporting second quarter results, Exelon reported that the estimated impact of COVID-19 to Exelon utilities’ and Generation’s GAAP Net income as a result of COVID-19 is approximately $100 million and $50 million, respectively, for the second quarter of 2020 and primarily reflects the impact of a…
August 3, 2020
McLean Packaging Selects Retail Supplier
McLean Packaging, a turnkey provider of rigid set boxes, folding cartons, corrugated displays, and thermoformed packaging solutions with emphasis on the beauty and personal care sectors, has contracted with energy advisory firm 5 and ENGIE Resources LLC on a five-year electricity supply agreement
August 3, 2020
Marathon Energy Closes On Acquisition of Book Of Customers From NFR
Marathon Energy (Marathon) announced that it has closed on its previously reported Asset Purchase Agreement with National Fuel Resources, Inc. ('NFR'), whereby Marathon acquired NFR’s commercial and industrial gas contracts in New York and Pennsylvania, along with select other assets.
July 28, 2020
Retail Supplier Expanding To PJM
New York-based retail supplier EnergyMark said in a news release that, "EnergyMark has announced their approval for service in the PJM Electric Grid, which serves 65 million energy users and is the nation's largest regional power transmission system."
July 27, 2020
IGS Energy: Pa. PUC "Unfairly" Decided IGS In-Person Marketing Petition On Facts Only Relevant To Other Supplier Which Has "Substantial Negative Baggage"
Interstate Gas Supply, Inc. d/b/a IGS Energy petitioned the Pennsylvania PUC for reconsideration and/or rehearing of the PUC's July 16, 2020 Order that had denied IGS's motion for a partial rescission of the PUC's prohibition on in-person marketing, in order to allow IGS to conduct certain specific…
July 27, 2020
Retail Supplier To Pay $1 Million, Extend In-Person Marketing, Telemarketing Suspension For Six Months, Under Settlement With PUC Staff
Verde Energy USA, Inc. would pay $1 million and extend a moratorium on in-person marketing and telemarketing in Pennsylvania for six months under a settlement with the Pennsylvania PUC's Bureau of Investigation and Enforcement ('I&E') to resolve alleged instances of slamming and alleged misleading…
July 21, 2020
Met-Ed Residential Price To Compare Increasing 7%, Most Other FirstEnergy-PA PTCs Increasing
West Penn Power PTCs Decreasing 4-6%
The FirstEnergy Pennsylvania utilities have filed new tariffed residential and commercial PTC Default rates with the PUC for the three-month period starting September 1, 2020
July 21, 2020
PECO Small Commercial Generation Rate Increasing 7%
Residential Generation Rate Falling
PECO has filed with the Pennsylvania PUC new electric Generation Supply Adjustment (GSA) charges for the period beginning September 1, 2020
July 16, 2020
Pennsylvania PUC Denies Petitions From Retail Suppliers For Resumption Of Door-to-Door, Public Event, By Appointment In-Person Marketing
The Pennsylvania PUC denied separate petitions from StateWise Energy Pennsylvania LLC & SFE Energy Pennsylvania, Inc., and also Interstate Gas Supply, Inc., that had sought varying authorization to resume door-to-door marketing, public event marketing, and/or by-appointment in-person marketing under…
July 13, 2020
Direct Energy Seeks Order From Pennsylvania PUC Allowing In-Person Marketing To C&I Customers To Resume
Direct Energy Business, LLC and affiliates filed with the Pennsylvania PUC a Petition for Clarification or Modification of the Commission’s June 4, 2020 Order, which lifted certain restrictions on in-person marketing by retail energy suppliers, to allow Direct Energy to, "conduct in-person sales and…
July 7, 2020
PJM Formally Files At FERC To Allow Surety Bonds As Collateral, Except For FTRs
PJM formally filed tariff revisions at FERC to allow the use or surety bonds, which conform to proposed PJM requirements, as collateral, except for the Financial Transmission Rights (FTR) market
July 2, 2020
PSC Approves New POR Discount Rates, Comments On Utility's Sought Change In Discount Calculation
The District of Columbia PSC approved updated discount rates for purchase of receivables (POR) at Pepco
June 30, 2020
Pennsylvania PUC Warns Customers of "Questionable 'Rebate Check' Robocalls" From Retail Suppliers
The Pennsylvania PUC issued a news release stating, "With potential increases in energy sales and marketing as the cooling season kicks into high gear, the Pennsylvania Public Utility Commission (PUC) continues urging consumers to remain vigilant about questionable energy marketing activities and…
June 29, 2020
PECO Seeks Approval For Measures That Would Result In Additional Customers On CAP (Ineligible To Take Competitive Retail Electric Supply)
PECO Energy Company petitioned the Pennsylvania Public Utility Commission for expedited approval of several temporary universal service measures, "designed to address the current economic hardships faced by low-income customers as a result of the COVID-19 pandemic and provide additional…
June 26, 2020
Energy Harbor (Former FES) Receives Natural Gas Supplier License In New State
The Pennsylvania PUC recently granted Energy Harbor LLC a natural gas supplier license to serve residential, small commercial (under 6,000 MCF annually), large commercial (6,000 MCF or more annually), industrial, and governmental customers in the natural gas distribution company service territories…
June 24, 2020
Wells Fargo Selects Retail Supplier To Serve 1,200 Locations
Wells Fargo today announced structured renewable energy agreements with Shell Energy North America (US), L.P. (Shell Energy), and its wholly owned subsidiary MP2 Energy LLC (MP2 Energy), to secure approximately 150,000 megawatt-hours of renewable energy annually under a renewable retail supply…
June 22, 2020
IGS Energy Seeks Pennsylvania PUC Order Allowing Resumption Of Door-to-Door As Well As Public Event Marketing; IGS Details Proposed 'Touchless' Experience
Interstate Gas Supply, Inc. d/b/a IGS Energy petitioned the Pennsylvania PUC for a partial recission of the Commission’s March 16, 2020 Emergency Order ('Order'), which suspended door-to-door and other in-person marketing, with IGS specifically asking the PUC to rescind that portion of the order…
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June 16, 2020
EC Infosystems Successfully Implements EDI/Billing for New Retail Supplier Led By Texas Retail Market Vets
UNIONDALE, N.Y. – June 16, 2020 – EC Infosystems, a leader in Electronic Data Interchange (EDI) and Billing/Customer Information Solutions (CIS) for companies in the deregulated energy industry , has announced the successful implementation of Sunrise Energy Holdings, LLC for billing and EDI services…
June 16, 2020
Retail Suppliers Petition Pennsylvania PUC To Allow Door-to-Door Sales With "Touchless" Enrollment Process
StateWise Energy Pennsylvania LLC and SFE Energy Pennsylvania, Inc. (collectively, "StateWise") submitted to the Pennsylvania PUC a Petition for Partial Rescission, or in the alternative, Petition for Partial Waiver, of the Commission’s March 16, 2020 Emergency Order which prohibited door-to-door…
June 16, 2020
FirstEnergy Advisors (Utility Affiliate) Seeks Broker License In Pennsylvania, Bringing, "Brand Name, Relationship History," To Customers Seeking Energy Advice
Suvon, LLC d/b/a FirstEnergy Advisors applied for a Pennsylvania electric broker/marketer license to serve all customer classes in all service areas
June 16, 2020
Direct Energy Launching Electric Broker, Concierge Shopping Service
Bounce Energy, Inc. applied for a Pennsylvania electric broker/marketer license to serve all customer classes in all service areas
June 12, 2020
Pennsylvania Court Denies Retail Supplier's Appeal Of PUC Decision Concerning Allocation Of Costs Between Delivery Rates, Default Service
The Commonwealth Court of Pennsylvania has affirmed a decision from the Pennsylvania PUC which had, in a final order in a PECO rate case, denied a proposal from NRG Energy to re-allocate approximately $100 million in costs at PECO which NRG had argued are attributable to electricity default service…