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March 3, 2020
The Virginia Senate's Committee on Commerce and Labor has reported out a substitute for HB 889 with the substitute significantly reducing the retail electric choice provisions versus the version passed by the House
February 25, 2020
A substitute for Virginia HB 889 was submitted to the Senate Committee on Commerce and Labor, with the substitute significantly reducing the retail electric choice provisions versus the version passed by the House
February 13, 2020
The Virginia House of Delegates has passed HB 889, which would, among other things, allow all customers of the investor-owned utilities to purchase 100% renewable electricity from a competitive retail supplier regardless of any utility green offering
February 10, 2020
A Virginia House of Delegates committee has reported favorably and advanced to a first reading in the House HB 889, which would, among other things, allow all customers of the investor-owned utilities to purchase 100% renewable electricity from a competitive retail supplier regardless of any utility…
January 22, 2020
The Retail Energy Supply Association (RESA) announced the election of its new officers and state chairs for 2020.
January 22, 2020
Craig Goodman, who is retiring as President and CEO of the National Energy Marketers Association (NEM), has seen a lot in his 40 years of bringing competitive markets to the energy industry, but the constant has been the growing appetite of customers for choice in their purchases, including energy -…
January 16, 2020
Sprint and Direct Energy Renewable Services announced today that all of Sprint's more than 800 Virginia locations will now be served with 100% renewable energy.
January 7, 2020
While a separate bill, the Virginia Energy Reform Act, is to be unveiled today broadly calling for an end to monopoly control of electricity in Virginia and to expand "consumer choice" ( see preview of the legislation in our prior story here , more details expected later today), a separate Virginia…
January 7, 2020
Legislation will be introduced for Virginia's 2020 General Assembly session, "that would end monopoly control over Virginia’s electricity system, creating competition in the retail sector," proponents of the bill, the Virginia Energy Reform Act, announced today
January 3, 2020
Bill Would, "Increase Consumer Choice By Establishing A Competitive Market"
On January 7, Virginia Delegate Mark Keam and Delegate Lee Ware will announce what is described by proponents as, "bipartisan legislation to eradicate the current system of monopoly utilities controlling the electricity system in Virginia."
December 19, 2019
FERC today issued an order directing PJM to expand its current Minimum Offer Price Rule (MOPR) in the capacity market
November 13, 2019
A federal bankruptcy court has approved the sale of various Agera Energy LLC, Aequitas Energy, Inc. and energy.me midwest llc retail energy customer contracts to Exelon Generation Company, LLC (Constellation)
November 4, 2019
In September 2019, Dominion Energy entered into an agreement to form Wrangler Retail Gas Holdings, LLC, a partnership with Interstate Gas Supply, Inc. Wrangler will operate a nonregulated natural gas retail energy marketing business with Dominion Energy contributing its nonregulated retail energy…
November 1, 2019
Staff of the Virginia State Corporation Commission filed testimony which generally did not oppose the proposed 100 percent renewable energy tariff filed by utility Dominion Energy (Virginia Electric and Power Company).
October 30, 2019
In reporting earnings this morning, AltaGas Ltd. said that Normalized EBITDA for its Power segment for the third quarter, excluding the impact of asset sales, was lifted by improved results in its U.S. retail electric marketing business (WGL Energy Services)
October 29, 2019
Direct Energy Business has created a specialized group, Renewable Energy Services, to focus on renewable and sustainable energy solutions for customers, "and meet the ever-changing needs of commercial & industrial customers."
October 17, 2019
Retail Supplier Had Said Change Would Disrupt Long-Term Retail Contracts
FERC has approved a filing by Virginia Electric and Power Co., d/b/a Dominion Energy Virginia (Dominion) to change the calculation of Network Service Peak Load (NSPL) for transmission customers within the Dominion Zone in PJM, with FERC approving Dominion's new twelve month coincident peak (12-CP)…
October 7, 2019
The Chapter 11 bankruptcy filing of Agera Energy LLC and affiliates (the Debtors) reveals that Constellation's (Exelon Generation Company, LLC, or Exelon) acquisition of the Agera customer book is subject to a bid process under which Exelon has been named the stalking horse bidder
October 4, 2019
Agera Energy and its affiliates have filed for chapter 11 bankruptcy protection in the United States Bankruptcy Court, Southern District of New York and is facilitating an asset sale to Constellation, a subsidiary of Exelon Corporation, subject to bankruptcy court approval. If approved by the…
October 2, 2019
PJM earlier today declared a Pre-Emergency Load Management Reduction Action in the AEP, Baltimore Gas & Electric (BGE), Dominion (DOM) and PEPCO service territories.
September 18, 2019
The Virginia State Corporation Commission rejected a petition for a declaratory judgment from Dominion Virginia Power which had sought a finding that retail suppliers must demonstrate that they have control of sufficient renewable "capacity", with renewable energy provided on an "around the clock"…
September 18, 2019
Constellation has announced an agreement with three commercial customers to power their operations with solar energy under a 15-year agreement which begins in 2021
August 30, 2019
The Virginia SCC released a report stating that, in 2018, Dominion Virginia's Generation segment earned $376.3 million above the base Return on Equity of 9.2% that was most recently approved by the Commission for Dominion's RACs (rate adjustment clauses)
August 21, 2019
The Virginia SCC issued an order directing Dominion Virginia Power, "to immediately resume processing enrollment requests under Section A 5 for customers who wish to purchase from Direct Energy or Calpine," pending a final order from the Commission concerning a dispute regarding the requirements for…
July 31, 2019
Confirms Company Has Been Fielding Inbound Inquiries About Retail Supply Business
During an earnings call this morning, Dominion addressed reports that it was considering a potential sale of its competitive retail natural gas supply business.
