June 6, 2019
ERCOT IMM Offers Six New Recommended Market Changes In State Of The Market Report
IMM: Risk From Generator Outages Should Decrease With Smaller, Distributed Resource Proliferation
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June 6, 2019
U.K. Retail Supplier Bulb Sets Entry Timeline For U.S. Market Entry
Serves 1.3 Million Members In U.K. As Largest Green Supplier
Bulb, a U.K. retail energy supplier which describes itself as the U.K.'s biggest green supplier, announced its international expansion plans
May 31, 2019
Texas Retail Electric Providers Request That Oncor McAllen Service Area Not Be Transitioned To AEP Texas Until Various AEP Rate Proceedings Complete
The Alliance for Retail Markets has requested at the Public Utility Commission of Texas that any transition of customers in Oncor's current McAllen/Mission service area to AEP Texas not occur until various AEP Texas rate proceedings are complete
May 31, 2019
Settlement Reached To Set Oncor DCRF Charge Applicable To Retail Providers, With 150% Increase For Residential Service
Oncor and various parties have filed a settlement agreement to set the levels of the Distribution Cost Recovery Factor (DCRF), a charge applicable to retail electric providers taking delivery service, effective September 1, 2019
May 31, 2019
Texas Retail Electric Provider Enters Settlement With PUC Staff Over Collection Of Customer Deposits
Quest Distributors, LLC (Quest) would pay $20,000 under a settlement with Staff of the Public Utility Commission of Texas to resolve alleged violations of 16 Texas Administrative Code (TAC) § 25.107(f)(2)(B), concerning protection of customer deposits and (i)(3), concerning requirements for…
May 30, 2019
Texas Coalition for Affordable Power Says Price Gap Between Deregulated and Non-Deregulated Prices In Texas Nearly Gone
TCAP: Areas With Electric Choice Have Lower Prices Than Monopoly, Non-ERCOT Areas Of State
The Texas Coalition for Affordable Power said that while, "Texans buying electricity from competitive providers historically have paid higher prices, on average, than Texans receiving power from providers exempt from competition," a new snapshot analysis shows that, "the persistent price gap has…
May 30, 2019
Products and Services USA, Start-up Led By Market Vet, Receives Texas Aggregator License
The Texas PUC granted Products and Services USA, LLC an electric aggregator certificate to serve residential, commercial, and industrial customers, and municipalities
May 29, 2019
Infinite Watts LLC Withdraws Application For Texas Retail Electric Provider Certificate
Infinite Watts LLC filed at the Texas PUC to withdraw its application for a retail electric provider certificate
May 28, 2019
Vistra Energy, TXU Parent, Names Texas Market Veteran As New EVP, CFO
Vistra Energy Corp. today announced the appointment of David A. Campbell as executive vice president and chief financial officer, effective June 5, 2019.
May 28, 2019
NextEra Launches AI-Powered Retail Energy Concierge Shopping Service For Texas Market
Subscription-Based Service Guarantees Savings
NextEra Energy has launched a retail electric concierge shopping service in Texas, called Power Wizard, which relies on artificial intelligence (AI) to monitor rate plans and select the best plans for each customer's unique situation
May 24, 2019
Texas PUC Rejects Aggregator Application Of "Power of Choosing Inc."
The Texas PUC has rejected, without prejudice, the application of Power of Choosing Inc. for an electric aggregator certificate.
May 24, 2019
Texas Retail Provider, Whose Parent Is A Utility-Scale Solar Development Firm, Receives Authority To Use Trade Name Chariot Energy
Company To Bring Suite Of Disruptive, Clean Energy Solutions To Texas Retail Market
The Public Utility Commission of Texas granted start-up retail electric provider 174 Power Global Retail Texas, LLC an amendment to its REP certificate to include the trade name Chariot Energy
May 24, 2019
ERCOT Receives Notification of Suspension of Operations
ERCOT has received a Notification of Suspension of Operations (NSO) for the following Generation Resource: West Texas Wind Energy Partners, LP (Resource Entity) – Southwest Mesa (SW_MESA_SW_MESA)
May 23, 2019
Texas House Passes Amended Bill Removing Retail Electric Providers From Being Subject To PUC "Monitoring" Of Cybersecurity
Senate-Passed Language Includes REPs As Subject To PUC Cybersecurity Monitoring
The Texas House has passed an amended version of a Senate bill, SB 64, with the House amendments removing retail electric providers as entities that would be subject to the monitoring of cybersecurity practices by the Texas Public Utility Commission
May 23, 2019
New Brand Of Genie Energy Receives Texas Retail Electric Provider Certificate
The Public Utility Commission of Texas granted Southern Federal Power, LLC an Option 1 retail electric provider certificate
May 22, 2019
Texas Retail Electric Providers Oppose Sought New Mandates For More Frequent Reporting Of Dynamic Pricing, Demand Response Info To ERCOT
The Retail Electric Provider (REP) Coalition has filed comments at ERCOT opposing, as filed, Nodal Protocol Revision Request (NPRR) 933 (Reporting of Demand Response by Retail Electric Providers and Non-Opt-In Entities, submitted by ERCOT) which would include in the protocols a specific mandate for…
May 22, 2019
City Of Dallas Selects Retail Electric Provider For New 10-Year Contract
The City of Dallas recently completed a reverse auction managed by Tradition Energy to select a retail electric provider for a new contract term, to power all City facilities with green energy for 10 years
May 21, 2019
Texas Senate Concurs On House Changes To Electricity Broker Regulation Bill -- Now Bill Heads To Governor
The Texas Senate today has concurred with amendments made by the House when the House recently passed SB 1497, which would subject electricity brokers to a registration requirement and regulation by the Public Utility Commission of Texas
May 21, 2019
ADK Solutions Receives Texas Electric Aggregator License
The Texas PUC granted ADK Solutions, LLC an electric aggregator certificate to serve commercial customers. Churches are the main focus of the proposed service. The company is currently active as a broker
May 20, 2019
Texas Governor Signs Bill Ending General Land Office's Authority To Sell Retail Electricity State Power Program
Texas Governor Greg Abbott has signed HB 2263 which terminates the authority of the Texas General Land Office to sell retail electricity (currently done via a contracted REP, which is Cavallo Energy Texas, a wholly-owned subsidiary of Calpine) under the State Power Program
May 20, 2019
Updated: NRG Energy Agrees To Acquire Stream Energy's Retail Electricity And Natural Gas Business
Stream To Be "Exclusive Marketer" To The Retail Energy Business Acquired By NRG
Stream said that, "At closing, Stream’s remaining business will emerge as a new brand to market energy and wireless services through its independent sales organization and will be the exclusive marketer to the retail energy business acquired by NRG"
May 17, 2019
Retail Energy CEO: "If Customers Get Screwed All The Time, They'll Re-regulate"
Speaking during a panel at DNV GL's Energy Executive Forum, Gregory Craig, CEO of Griddy, said that, "if customers get screwed all the time, they'll re-regulate."
May 16, 2019
Texas House Passes Electric Broker Regulation Bill (Version Differs From Senate)
The Texas House has passed a committee substitute for SB 1497, which would subject electricity brokers to a registration requirement and regulation by the Public Utility Commission of Texas
May 16, 2019
Summer Energy Parent Reports Profit, Compressed Unit Margins On Shift To C&I Market
Summer Energy Holdings, Inc. reported net income of $112,254 for the three months ended March 31, 2019, versus a loss of $637,155 a year ago
May 16, 2019
NRG Energy Objects To Allegedly "Misleading" Name Of Texas Aggregator
NRG Energy, Inc. ("NRG"), on its own behalf and on behalf of the retail electric providers ("REPs") and power generation companies ("PGCs") it owns and operates in Texas, filed an objection to the application of CNRG Group, LLC, an entity unaffiliated with NRG, for a Texas electric aggregator…