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Just Energy CEO: If ERCOT Sees The Volatility The Market Is Worried About Right Now, "Everybody's Book" At Risk If Not Hedged

Says Pricing Power Returning In ERCOT, As Competitors Pull Back Due To Expected Summer Volatility Will Be More Aggressive In Passing Through To Customers More Unhedgeable Capacity, Ancillary Costs

If ERCOT this summer sees the volatility that the market is worried about right now, "you're going to see everybody's book at risk if they're not hedged, naturally or through weather structures like us," Just Energy’s CEO Pat McCullough said during an earnings call

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Retail Supplier Enters New Supply, Credit Agreement

On May 1, 2018, Summer Energy Holdings, Inc. ("SEH"), and its subsidiaries Summer Energy, LLC ("Summer LLC") and Summer Energy Northeast, LLC ("Summer Northeast"; together with SEH and Summer LLC, the "Company") closed a transaction with EDF Energy Services, LLC and EDF Trading North America, LLC…

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Calif. PUC Releases Draft Review Of Choice Issues, As "Call To Action" On Retail Market Structure Warns Choice Being Implemented By Piecemeal Statutory Directives And Decisions, Could Lead To Another Crisis

The California PUC released a draft study of issues facing the retail sale of electricity in the state (known as the Green Book), observing that current policy is being driven by disparate actions undertaken to achieve various goals in the wake of the 2000-01 energy crisis, and cautioning that the…

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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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NRG Reports Higher Retail Earnings

NRG Energy reported that its Retail segment recorded Adjusted EBITDA of $188 million for the first quarter of 2018, $55 million higher than first quarter 2017, due to lower operating costs and higher gross margin with increased customer count, higher customer usage and favorable weather in 2018

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Texas Retail Energy News (Page 150) | EnergyChoiceMatters.com