August 10, 2020
Staff of the Public Utility Commission of Texas have recommended that program benefits under the COVID-19 Electricity Relief Program end on September 30, 2020.
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August 7, 2020
--- OhmConnect Provides Mass Market Demand Response Via Rewards, Gamification
OhmConnect Texas LLC applied for an Option 1 Texas retail electric provider certificate
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August 7, 2020
Reports Retail Revenue, Volumes
In a 10-Q for the quarter ending June 30, 2020, NRG reported a decline in mass market customer count versus March 31, 2020
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August 7, 2020
Would Grant ERCOT Motion For Summary Decision
A proposal for decision (PFD) from a Texas ALJ would deny a complaint filed by Aspire Commodities, LLC (Aspire) against the Electric Reliability Council of Texas, Inc. (ERCOT), in which Aspire has sought an order directing ERCOT to re-price the published settlement prices for interval 14:50 on May…
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August 6, 2020
Blue Star Energy, LLC applied for an Option 1 Texas retail electric provider certificate
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August 6, 2020
NRG reported Adjusted EBITDA of $574 million for the second quarter of 2020, versus $469 million a year ago
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August 6, 2020
Start-up retail energy supplier Rhythm Ops, LLC d/b/a Rhythm applied for an Option 1 Texas retail electric provider certificate
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August 6, 2020
Start-up Declaration Energy LLC applied for an Option 1 Texas retail electric provider certificate
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August 5, 2020
Retail Segment Earnings Higher On Acquisitions Vistra "Active" In Reviewing Retail Book Acquisition Opportunities From REPs Experiencing Stress From COVID-19
Vistra, the parent of TXU and other retail brands, reported earnings for the quarter ending June 30, 2020.
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August 4, 2020
Asked About Prospects For Divesting Generation, CEO Says Non-Nuclear Merchant Generation In Constant "Flux", From Annual Valuation Review
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…
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August 3, 2020
Griddy recently announced three rooftop solar partnerships, with Freedom Solar, Longhorn Solar, and Texas Solar Brokers, for each to offer special deals to Griddy members for rooftop solar installation
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July 30, 2020
Chevron U.S.A Inc. (CUSA), a wholly owned subsidiary of Chevron Corporation, and Algonquin Power & Utilities Corp. ("Algonquin") announced an agreement seeking to co-develop renewable power projects that will provide electricity to strategic assets across Chevron's global portfolio.
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July 30, 2020
Reliant announced a new relationship with SimpliSafe, a maker of home security systems, which will provide Texas renters and homeowners in both urban and rural markets with special offers and discounts
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July 28, 2020
Enchanted Rock, LLC, which provides resiliency microgrids and related solutions for commercial, industrial, and institutional customers, announced today the appointment of Ian Blakely as Chief Technology Officer (CTO).
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July 27, 2020
Would Ask Which Entities Should Be Permitted To Own EV Charging Stations
Staff of the Public Utility Commission of Texas proposed that the Commission issue the following questions for stakeholder comment in Project No. 49125, Review of Issues Relating to Electric Vehicles
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July 24, 2020
In providing a business update in connection with its announced agreement to acquire Direct Energy (story here) , NRG disclosed the capital allocated for small book acquisitions.
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July 24, 2020
--- Centrica North America C&I Segment "Underlying" Retail Margins Improved, But Saw Wider Loss On COVID Demand & Bad Debt Impacts --- Residential Customer Count Falls Due To Loss Of Face to Face Sales Channels
Centrica, the parent of Direct Energy, reported interim results for the six months ending June 30, 2020
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July 24, 2020
Would Result In NRG Owning Four Of The Former Affiliated REPs (Utility Spin-offs) In Texas Update: NRG Details Strategy Under Acquisition; Product, Geography Expansion; Pro Forma Customers, Volumes
Update: NRG Details Strategy Under Acquisition; Product, Geography Expansion; Pro Forma Customers, Volumes
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July 22, 2020
Reliant Energy Retail Services, LLC would pay $100,000 under a settlement with Staff of the Public Utility Commission of Texas to resolve alleged violations of 16 Texas Administrative Code (TAC) § 25.474, concerning Reliant's alleged failure to maintain and produce authorization of verification, as…
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July 22, 2020
Hybrid Power, LLC applied for an Option 1 Texas retail electric provider certificate
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July 21, 2020
Enel Green Power has started construction of the Lily solar + storage project, its first hybrid project in North America that integrates a renewable energy plant with utility-scale battery storage.
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July 17, 2020
Start-up JP Energy Resources LLC applied for an Option 1 Texas retail electric provider certificate
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July 16, 2020
Orders REPs To Continue Offering Deferred Payment Plans To Customers Upon Request
As expected, the Texas PUC today adopted an order to extend the Electricity Relief Program (ERP) until August 31, 2020
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July 16, 2020
Exploring Expansion To New Markets
Pulse Power, a Texas retail electric provider, announced that late last week the company surpassed 100,000 residential enrollments, in less than eighteen months from launch.
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July 15, 2020
Proposes Deferred Costs Be Included In Bypassable Price To Compare, If Utilities' Financial Health Is A Concern
In comments to the New York PSC in a COVID proceeding, the NRG retail companies ("NRG") said that the PSC should deny, for the utilities, deferred accounting for all but an extremely limited number of costs that were incurred in relation to the utilities’ strict compliance with governmental mandates…
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