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Pa. PUC Staff, EDCs, Retail Suppliers Reach Settlement To Continue Purchase of Receivables (POR) Clawback Charge On Pilot Basis

PUC Staff Had Proposed Implementing Discount To POR

The FirstEnergy Pennsylvania EDCs, the Pennsylvania PUC's Bureau of Investigation and Enforcement, the Retail Energy Supply Association and Respond Power, LLC have entered into a joint stipulation for the FirstEnergy EDCs to continue their purchase of receivables (POR) clawback charge for four years…

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Pa. PUC Staff: Low-Income Assistance Customers Should Be Prohibited From Shopping At EGS Rate That Exceeds Price To Compare "At Any Time"

Emphasizes Statutory Obligation For PUC To Ensure Electricity Provided On "Reasonable" Terms

The Pennsylvania PUC's Bureau of Investigation and Enforcement has recommended that Customer Assistance Program (CAP, or PCAP) customers at the FirstEnergy EDCs be prohibited from shopping for electricity rates that exceed the EDCs' Price to Compare, "at any time."

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Sale Price Revealed For Sale Of Retail Supplier

In a 10-Q, New Jersey Resources Corporation (NJR) disclosed the sale price for its disposition of NJR Retail Services Company, which as exclusively reported by EnergyChoiceMatters.com, was sold to Direct Energy Business Marketing, LLC

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Vistra (TXU Parent) To Grow Retail Business Through Dual Strategy Of M&A, Organic Growth

But CEO Says Current Retail M&A Opportunities Passing Value Test Is "Not Easy" Vistra Reports Retail Customer Growth, Higher Earnings

Vistra Energy, which as previously reported will engage in a strategy of expanding its retail business now that it has completed its acquisition of Dynegy, said during an earnings call this morning that it will pursue a "dual strategy" of organic retail growth and evaluating retail M&A opportunities…

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Pennsylvania Retail Energy News (Page 56) | EnergyChoiceMatters.com