Briefly

Texas REP Withdraws Complaint Against TDU

Champion Energy Services, LLC filed at the Public Utility Commission of Texas has filed to withdraw its complaint against Texas New-Mexico Power Company concerning inaccurate settlement meter data (click here for background). Champion said that TNMP and Champion have entered into an agreement that fully resolves the matters disputed between them in this proceeding and eliminates the need for further prosecution of all the claims presented by Champion in its complaint against ERCOT and TNMP. In its filing, Champion did not discuss specifics of the agreement. Docket 42775

PSE&G Corrects Bill Increase Data from BGS Auction

Public Service Electric & Gas said that the total residential electric bill increase starting in June as a result of the recent BGS auction will be 2.1%, stating that the figure of 5.1% previously provided by the utility was based on a calculation error. The listed actual wholesale prices in our February 13 story were correct. Under the new BGS pricing, the bill for a PSE&G residential customer who uses the statewide average of 650 kilowatt-hours per month will pay $123.82 a month, or $2.58 more per month when averaged over the entire year.