February 28, 2013
TriEagle Energy Receives New License, Looking to New Markets as 10th Anniversary Celebrated
TriEagle Energy, LP, which recently celebrated 10 years of service, has been granted an electric supplier license in a new state.
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February 27, 2013
Bounce Energy Launches Build Your Own Energy Plan
Bounce Energy is offering customers in Texas the opportunity to build their own energy plan, allowing customers to customize, by answering several questions, the term, renewable content, billing, and payment options of the plan.
February 27, 2013
Direct Energy Names New CEO, Says Bolt-On Acquisitions Remain a Focus, in Announcing Earnings
Direct Energy announced earnings today, and named a new President and CEO.
February 27, 2013
NRG Sees Slowdown in Retail Growth, Reorganizes Leadership of Texas/Northeast Businesses
NRG Energy reported that its retail energy businesses were serving 2.210 million customers as of December 31, 2012.
February 25, 2013
License Briefs
Ethical Electric Benefit Co. Receives Supplier License in New State
February 22, 2013
Calpine, Texas Staff Reach Settlement on Voluntary Mitigation Plan
Staff of the Public Utility Commission of Texas and Calpine Corporation have filed for approval of a settlement agreement establishing a Voluntary Mitigation Plan (VMP) for Calpine, which specifies offering practices that Calpine may use when offering its generation resources into the ERCOT…
February 21, 2013
Briefly
Entrust Energy Launches RE/MAX Sponsorship
February 21, 2013
Texas Staff Do Not Recommend Approval of Start-up REP's Application for Certificate
Staff of the Public Utility Commission of Texas have not recommended approval of the application of Bose Energy, LLC for a retail electric provider certificate.
February 21, 2013
Friends Like These: Competitive Generator Says Competitive Retail Market, With Transient Customers, Can't Support "Investment," Innovation
Investment, and by implication, innovation, cannot occur in competitive retail energy markets characterized by "transient customers," a competitive generator shockingly told the Public Utility Commission of Texas, in comments urging the PUCT to not rely on demand response for long-term resource…
February 20, 2013
Entergy Texas Files at PUCT to Transfer Transmission Assets to ITC Subsidiary
Entergy Texas, Inc. has formally applied at the Public Utility Commission of Texas to transfer its transmission assets to a subsidiary of ITC Holdings Corp., under a previously announced transaction (click here) .
February 20, 2013
Texas Electricity Ratings Updates REP Scoring
Website TexasElectricityRatings.com has updated its ranking of ERCOT retail electric providers.
February 20, 2013
Energy Future Holdings Raises Specter of Default, Bankruptcy
Energy Future Holdings, parent of TXU and Luminant, has noted in its annual 10-K filing that an acceleration in repayment of all borrowings demanded by noteholders could cause the company or the applicable subsidiary to go into, "bankruptcy, liquidation or insolvency."
February 20, 2013
TXU's Jim Burke: July and August Could Be An "Issue" for Some REPs Due to Higher ERCOT Caps, Cites Margin Pressure
Texas retail electric providers will be challenged to preserve margin in a rising cost environment, and July and August could be an "issue" for certain retail electric providers, TXU Energy CEO Jim Burke said during an earnings call yesterday.
February 19, 2013
ERCOT Issues Initial Determination of RMR Status for LCRA Plant
ERCOT has issued an initial determination concerning the Notification of Suspension of Operations for the Lower Colorado River Authority's Ferguson unit FERGUS_FERGUSG1.
February 19, 2013
Flash: TXU Net Churn Up When Excluding Inorganic Additions
TXU Energy saw net churn of only 6,000 residential customers from September 30, 2012 to December 31, 2012, but when excluding customers acquired from Mega Energy, churn was up slightly versus churn during the three months ended September 30, 2012, according to an Energy Future Holdings 10-K and…
February 14, 2013
Pablos to Resign from Public Utility Commission of Texas
Texas Public Utility Commissioner Rolando Pablos announced at today's open meeting that he had submitted his resignation from the Commission to Gov. Perry, effective close of business March 1.
February 14, 2013
Briefly
ERCOT Files Backcast of Operating Reserve Demand Curve Proposal
February 13, 2013
Capacity Market Called "Tax" on Texas Customers
Introducing a capacity market into ERCOT would subject customers to an unavoidable "tax," an industry panelist said yesterday at an Infocast conference.
February 13, 2013
Separate Reports Find Capacity Market Would Increase Texas Electric Rates
Two reports from think tanks on opposite ends of the political spectrum have both reached the inescapable conclusion that a capacity market in ERCOT would raise customer rates, without addressing any specific causes of the current resource adequacy concerns.
February 13, 2013
License Briefs
Texas REP Authorized to Use New Trade Name
February 13, 2013
Analysis: ERCOT Does Not Dip Below Reserve Margin Until After 2018
An updated analysis of ERCOT resource adequacy from Texas Public Utility Commissioner Kenneth Anderson shows that ERCOT is not projected to fall below the 13.75% reserve margin until after 2018.
February 12, 2013
Texas Retail Provider to Pay $25,000 to Resolve Allegations of Unauthorized Switches
First Choice Power Special Purpose, L.P. has entered into a settlement agreement with Staff of the Public Utility Commission of Texas to resolve an investigation into alleged violations of PURA § 17.004 and 39.101, and P.U.C. SUBST. R. 25.474, concerning selection of a retail electric provider.
February 12, 2013
Texas Retail Provider to Pay $40,000 Regarding Use of Switch-hold At Enrollment
Young Energy, LLC has entered into a settlement agreement with Staff of the Public Utility Commission of Texas to resolve an investigation into alleged violations of various customer protection rules, including the practice of applying deferred payment plans and switchholds contemporaneously with…
February 12, 2013
New Retail Electric Provider Offering Residential Service in Texas
ENCOA has begun offering residential electric service in Texas, at Oncor and CenterPoint Energy Houston Electric.
February 8, 2013
Texas Staff File Draft Proposal to Allow Customers to Opt-Out of Communicating Advanced Meters
Staff of the Public Utility Commission of Texas have filed a draft proposal for publication that would allow a customer to select an alternative to a fully functioning advanced meter.