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February 24, 2021
PUC Staff Recommend Granting REP's Request To Be Relieved Of Non-Volunteer POLR Obligation
Evolve Retail Energy LLC d/b/a Octopus Energy filed a request at the Texas PUC to be designated a volunteer POLR (aka Voluntary Retail Electric Provider or VREP) for the residential and small commercial customer classes
February 24, 2021
Young Energy, LLC d/b/a Payless Power requested on an emergency basis that the Public Utility Commission of Texas order the Electric Reliability Council of Texas (ERCOT) to deviate from its protocol deadlines and timing related to settlements, collateral obligations, and invoice payments and suspend…
February 24, 2021
Texas Gov. Greg Abbott said in an address tonight that he and lawmakers are working on "reforms" to add more power to the grid
February 24, 2021
ERCOT Reports Further Short-Payment Of Invoices, Nearly $30 Million
ERCOT issued a market notice concerning IDR Meter Settlements as follows.
February 24, 2021
The Public Utility Commission of Texas formally announced today that it has opened, "an investigation into the business practices of Retail Electric Providers whose plans with pricing indexed to the electricity wholesale rate are reported to have inflicted unusually high bills on their Texas…
February 24, 2021
During an ERCOT board meeting, ERCOT Staff said that it has not, as of this time, defaulted any retail electric providers since the recent weather event
February 24, 2021
Exelon To Spin-off Its Competitive Retail Supply, Generation Business Into Separate Company; Exelon Will Focus Solely On Regulated Utilities
February 23, 2021
ERCOT Ends Temporary Deviation From Protocol Deadlines & Timing Related To Settlements, Collateral Obligations, & Invoice Payments
February 23, 2021
Rollover Variable Customers Will Be Charged Last Month's Rate With No Additional Charges
Champion Energy Services today announced that the extreme weather events Texans experienced over the past week, "will have absolutely no impact on the electricity rates for any of its residential customers."
February 23, 2021
Just Energy Group Inc. ("Just Energy" or the "Company") today made the following statement, "to reassure its residential customers in Texas that they are protected from higher energy rates on their February bills as a result of recent extreme weather (the 'Weather Event')"
February 23, 2021
Several Texas non-residential customers, which include several cities, (Coalition of Concerned Customers) have filed a letter with the Texas PUC in support of the previously reported request from the Texas Energy Association for Marketers (TEAM) which had asked the PUC to immediately instruct ERCOT…
February 23, 2021
Texas retail provider APG&E said in an update to customers that the company is "financially stable" and that its customers do not need to worry about being transferred to Provider of Last Resort
February 23, 2021
Texas Governor Greg Abbott will deliver a televised statewide address on Wednesday, February 24th at 6:02 PM CT.
February 23, 2021
The Electric Reliability Council of Texas, Inc. (ERCOT) filed with the Texas PUC a notice of the resignation of four Unaffiliated Directors from the ERCOT Board of Directors (Board), and the withdrawal of one Unaffiliated Director candidate from consideration for approval by the Commission to fill…
February 23, 2021
Genie Energy said on Feb. 22 that it, "continues to serve its 10,000 customers across Texas with no change in their rates under their current agreements despite the unprecedented price volatility in real-time electricity prices last week."
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February 22, 2021
Written by Thomas Pagnotta, Senior Portfolio Manager, Wood Mackenzie
The US central and southern plains experienced some of the coldest temperatures on record this past weekend, sending shockwaves through the Mid-Continent and Southern natural gas markets as spot prices reached as high as $1,250.00/mmbtu, (OnekOK). Prior to that day, the average settlement price for…
February 22, 2021
Pulse Power, LLC filed the letter republished below with the Texas PUC. Pulse's letter was dated Feb. 20
February 22, 2021
Spark Energy, Inc. ("Spark" or the "Company") said in an announcement that it, "wants to assure its customers that it is committed to serving and supporting its Texas customer base through this highly tumultuous time."
February 22, 2021
Texas Bill Would Require PUC To Obtain "Emergency Reserve Power Generation Capacity"
Various bills have been filed at the Texas legislature in response to the recent weather event
February 22, 2021
The following is a contribution from St. Clair Newbern IV, CEO of Live Energy Inc.
February 22, 2021
Macquarie Group Limited updated its short-term outlook that was recently provided to the market at the Group’s Operational Briefing on 9 February 2021.
February 22, 2021
REP Urges ERCOT Not To Use Draconian Remedies
Consistent with previously reported direction from the Texas PUC, ERCOT said in a market notice today that it, "is temporarily deviating from Protocol deadlines and timing related to settlements, collateral obligations, and Invoice payments while prices are under review."
February 22, 2021
Octopus Energy U.S. (formerly Evolve Energy), which has offered a wholesale pass-through electricity membership plan in Texas, announced that it is capping prices under its plan for the week of Saturday, February 13th through Friday, February 19th
February 22, 2021
Could Be Materially Adverse To Just Energy's Ability To Continue As A Going Concern
Just Energy Group Inc. ('Just Energy' or the 'Company') announced that it has, "updated its previous announcement that management is continuing to assess the impact of the extreme cold temperatures throughout the State of Texas (the 'Weather Event') on the Company, and cannot finalize its unaudited…
February 21, 2021
Also Directs ERCOT To Use Discretion On Settlement, Invoice Payment Timelines, In Addition To Collateral
