August 13, 2013
Nearly 100,000 Have Selected a TXU Energy Right Time Pricing Plan
TXU said today that nearly 100,000 Texans have selected free electricity at night or free electricity all weekend from TXU Energy.
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August 13, 2013
Briefly
Texas Gov. Rick Perry named Kathy Walt as chief of staff. Market speculation has tipped outgoing Perry chief of staff Brandy Marty as a potential appointee for the open seat on the Public Utility Commission.
August 13, 2013
Affiliate of Texas REP Launches Service in Two New States
North Eastern States Inc., an affiliate of Texas REP Entrust Energy, has launched service in two new states.
August 12, 2013
Texas Commission Concerned with Loss of Control to Feds in Entergy-ITC Transaction (Risk Remains Under MISO Membership)
Entergy Texas and an ITC Holdings subsidiary withdrew, without prejudice to re-filing, their request for approval from the Public Utility Commission of Texas for a sale of Entergy Texas' transmission assets to ITC, after it became clear that the Commission was prepared to reject the transaction…
August 12, 2013
Noting Concern, Texas Commission Adopts Settlement Allowing Glacial Energy of Texas, Inc. to Retain REP Certificate
The Public Utility Commission of Texas approved a settlement between Staff and Glacial Energy of Texas, Inc. which fully resolves a Staff Notice of Investigation into, and petition to revoke the REP certificate of, Glacial Energy of Texas, Inc., and which allows Glacial Energy of Texas, Inc. to…
August 12, 2013
Texas Approves Smart Meter Opt-Out, Assigns Obligations to REPs, TDUs
The Public Utility Commission of Texas adopted a final rule to allow customers to opt-out of having a provisioned advanced meter, which splits responsibility between the TDU and REP for various provisions under the rule.
August 12, 2013
NRG Retail Margins Down on Supply Costs, C&I Pressure
NRG Energy reported that its retail supply businesses have seen lower unit margins for the first six months of 2013, from higher supply costs and pressure on commercial and industrial pricing.
August 12, 2013
Anderson: More Than 1,000 MW of Texas Quick Start Units Will Close on Financing if Operating Reserves Demand Curve Adopted
The Public Utility Commission of Texas deferred until its next open meeting a decision on adopting an Operating Reserves Demand Curve (ORDC) for the ERCOT market, as Commissioner Kenneth Anderson said that the delay, particularly from a potential rulemaking process, could impede over 1,000 MW of new…
August 9, 2013
NRG CEO Admits Merchant Build "Nearly Impossible" in Any Market, Including Capacity Markets, As Texas Chair Nelson Says Capacity Market Warrants Exploration
This story updated 3:30 pm ET 8/9 to reflect Crane's use of the term "nearly" impossible throughout. An earlier version has incorrectly used both the terms virtually and nearly in different places.
August 9, 2013
Briefly
ERCOT Experiences Third Highest Demand In History
August 9, 2013
Constellation Units to Pay $42,500 Under Texas Settlements
Two Exelon companies would collectively pay $42,500 under separate settlements with Staff of the Public Utility Commission of Texas relating to performance under the Emergency Interruptible Load Service (EILS) program.
August 9, 2013
CenterPoint Utility to Cease Charging Transition Charge to Texas REPs
CenterPoint Energy Houston Electric, LLC has informed retail electric providers that its compliance filing to temporarily cease billing Transition Charges under schedule TC effective August 9, 2013, under Docket No. 41610, received PUCT approval on July 19, 2013.
August 9, 2013
Texas Staff File Proposal to Require REPs to Notify Municipalities of Multi-family Dwelling Disconnections
Staff of the Public Utility Commission of Texas have filed a draft proposal for publication that would, consistent with recent legislation, require retail electric providers to send a copy of a disconnection notice to municipalities when ordering the disconnection of certain multi-family dwellings.
August 8, 2013
Briefly
Power2Switch.com announced that it has expanded its online electricity shopping platform to Ohio. Constellation Energy and Direct Energy are among the suppliers offering Ohio service through the site.
August 7, 2013
Texas Take Note: FirstEnergy CEO Says PJM Capacity Market Has "Fundamental Flaws" Which "Impede Investments," "Impact Reliability"
The design of PJM's capacity auction has "fundamental flaws" which will not only "impede investments," but also, "impact reliability," said Anthony Alexander, President and Chief Executive Officer of FirstEnergy Corp.
August 6, 2013
FERC Issues Show Cause Order Seeking $28 Million Penalty for Alleged Market Manipulation
FERC issued an order to BP Energy Company and affiliates directing the companies to show cause why they should not be found to have violated section 1c.1 of the Commission’s regulations and section 4A of the Natural Gas Act.
August 6, 2013
Texas REP Offering $600 Incentive for Enrollment
A Texas retail electric provider is offering customers a $600 incentive for new enrollments.
August 5, 2013
Briefly
BBVA Compass Selects Electric Supplier for 300 Branches Under Deal Brokered By Choice! Energy Services
August 5, 2013
Texas Staff File Proposal to Allow Affiliate to Assume REP's Non-Volunteer POLR Obligation
Story edited at 11:27 a.m. ET to reflect the filing was a proposal for publication, not adoption. A filing this spring had been a strawman
August 5, 2013
Exelon Likens Increased Reliance on "Planned" (New, Cleared) Resources in Capacity Market as "Anomaly" Requiring a "Fix"
The increased reliance on "planned" resources -- meaning new resources clearing the capacity market -- to meet the PJM mandated reserve margin has been likened by Exelon to other "issues" in the capacity market which required reforms
August 5, 2013
Texas REPs Would Remain Responsible for Collecting Monthly Smart Meter Opt-Out Fee Under Staff Proposal
A draft proposal for adoption from Staff of the Public Utility Commission of Texas would place the responsibility for collecting from customers the ongoing monthly charge for opting out of a communicating advanced meter on retail electric providers.
August 2, 2013
License Briefs
Texas REP Receives Authorization to Use Trade Name Accel Electric
August 2, 2013
Centrica Exec's Comments Highlight How Capacity Market Would Put Independent Texas REPs Out of Business
Centrica's Chief Executive Sam Laidlaw demonstrated in an earnings presentation this week how introduction of a capacity market in Texas, which compels retail electric providers to provide payments to capacity owners, would destroy the Texas retail market, and leave only a handful of generation…
August 2, 2013
FLASH: TXU Parent Sees Churn Continue at Lower Rate During Q2
Energy Future Holdings Corp., the parent of TXU Energy and 4Change Energy, continued to see a reduced level of net residential customer churn during the second quarter of 2013, Energy Future Holdings disclosed in a 10-Q filed this morning.
August 2, 2013
Direct Energy Now Sees Market Purchases, Not Generation Ownership, as Best Mechanism to Manage Texas Super-peaks, Weather Risk
Centrica, parent of Direct Energy, said during an earnings presentation this week that it now sees market products, along with its existing Texas generation ownership, as the preferred method of managing the pricing and load following risks of super-peaks in ERCOT, rather than owning additional…