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March 5, 2021
Several Texas bills have been introduced which would allow a customer to provide demand response in ERCOT by contracting directly with a demand response provider, rather than through a retail electric provider
March 5, 2021
A bill has been introduced in the Texas House of Representatives (HB 2828) that would provide one-time cash payments from state funds to customers of retail electric providers and other LSEs
March 5, 2021
A bill, HB 2808, has been introduced in the Texas House of Representatives to ban variable and indexed electric rates for residential customers
March 5, 2021
In response to a petition from the ERCOT TDUs, the Texas PUC issued an order directing TDUs to take certain actions to mitigate demand charges and related issues that customers would otherwise incur due to cold load pickup at the time of service restoration from the winter weather event
March 5, 2021
During today's open meeting, in response to a public comment about the recent weather event and outages, Texas PUC Chairman Arthur C. D'Andrea said that his "current view" is that, "a capacity market would not have helped us here."
March 5, 2021
The Texas PUC today decided not to re-price ERCOT energy market prices from the recent weather event, but did not act on petitions to re-price ancillary services (AS), and will further consider the AS issues
March 5, 2021
During today's open meeting, the Texas PUC said that the current prohibition on REPs issuing disconnect for non-pay (DNP) order will remain in place
March 5, 2021
During today's open meeting, the Texas PUC said that it is working on the issue of extending the settlement invoice dispute timelines at ERCOT, though no formal action was taken at the meeting
March 4, 2021
AEP Texas Inc.; CenterPoint Energy Houston Electric, LLC; Oncor Electric Delivery Company LLC; and Texas-New Mexico Power Company (collectively, the ERCOT TDUs) filed at the Texas PUC an Emergency Request for a good cause exception with regard to demand readings and billings that cover the period of…
March 4, 2021
Bulb Protects Customers From Price Shocks and Petitions for a Better Energy System for Texans
March 4, 2021
ERCOT issued a market notice stating that, "Qualified Scheduling Entities (QSEs) and Congestion Revenue Right Account Holders (CRRAHs) that are owed monies from ERCOT on Settlement Invoices due for payout on March 4, 2021, will notice that the amount of funds transferred is short of the balance…
March 4, 2021
Oncor in a market notice provided an update on the status of estimation and billing activities related to the winter storm event.
March 4, 2021
IMM Says, "ERCOT Exceeded The Mandate," Of The PUC By Continuing Price Adder After Load Shed Ended
Vistra Opposes Rule Change To Cap Future Ancillary Services At $9,000/MW/h; Says Any Adjustment To Prior Prices Should Examine Energy, AS Prices Holistically
March 4, 2021
During a hearing before a Texas Senate committee, Thomas Gleeson, Executive Director of the Public Utility Commission of Texas, said that he "anticipate[s]" more drops of customers to the Providers of Last Resort (POLR) from the winter weather event and related liquidity issues
March 4, 2021
Spark Seeing, "Increased M&A Opportunities"
In a 10-K, Spark Energy disclosed a nearly 20% decline in its residential customer equivalents (RCE) count from September 30, 2020 to December 31, 2020, as the company continues to shift away from lower margin C&I accounts and new customer additions were hampered by COVID restrictions
March 4, 2021
ERCOT has publicly identified those generators that experienced an outage or a reduction in available power during the ERCOT grid emergency
March 4, 2021
Says Private Right Of Action Should Be Allowed For Wholesale Market Manipulation Claims
March 4, 2021
The Coalition of Competitive Retail Electric Providers (CCR) urged the Texas PUC to rescind the disconnect for nonpayment (DNP) moratorium it recently imposed in response to the weather event
March 3, 2021
Volt Electricity Provider provided the following statement to EnergyChoiceMatters.com:
March 3, 2021
Drew Gormley, CEO of Texas retail provider Energy Monger, LLC, issued the letter below to brokers suggesting that brokers move customers to another REP, given that a, "POLR process looks to be imminent," due to an ERCOT breach and, as stated by Gormley, "ERCOT ... advised they would no longer work…
March 3, 2021
On Wednesday, March 03, 2021, ERCOT revoked all rights of ENTRUST ENERGY INC (LSE) to conduct activity under the ERCOT Protocols due to a Payment Breach.
March 3, 2021
Spark Reports "Sufficient Liquidity"
In reporting fourth quarter and full year 2020 earnings, Spark Energy said that it, "expect[s] the impact of winter storm Uri will result in a significant loss that will be reflected in our first quarter 2021 results of operations," but that the impact remains uncertain due to settlement data and…
March 3, 2021
ERCOT's Board of Directors issued the following statement on March 3: "The ERCOT Board of Directors met this evening and directed the Corporate Secretary to exercise the 60 days’ termination notice to ERCOT President and CEO Bill Magness pursuant to the employment agreement with ERCOT. During this…
March 3, 2021
Just Energy Group Inc. announced today that, "it has filed a petition with the Public Utility Commission (the 'Commission') requesting an order that the Electric Reliability Council of Texas ('ERCOT') deviate from the deadlines and timing in its Protocols and Market Guides related to settlements…
March 3, 2021
ERCOT issued a market notice detailing $147,000 in short payments for Settlement Invoices due for payout on March 3, 2021
