May 11, 2020
Cites Experience In New York ISO Where New ESCO Allegedly Affiliated With Defaulting Supplier Sought To Register At NYISO; Also Cites Greehat
ERCOT is proposing changes to the qualifications and requirements, including financial and credit standards, for Qualified Scheduling Entities (QSEs) and/or Congestion Revenue Right (CRR) Account Holders (CRRAHs) -- i.e., ERCOT Counter-Parties (CPs) -- seeking to enter the ERCOT market as well as…
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May 6, 2020
On May 5, 2020, ERCOT received a Notification of Change of Generation Resource Designation (NCGRD) for the following Generation Resources:
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May 5, 2020
Residential Customer Count Lower Retail Segment Quarterly Adjusted EBITDA Higher On Acquisitions Since Prior Year
In reporting earnings today, Vistra Energy reported that it expects a negative $60 million impact to its Retail segment near-term from COVID-19, but affirmed 2020 guidance as the decline would be offset by gains in its Generation segment
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April 29, 2020
In response to a Texas PUC directive to the TDUs, Oncor, CenterPoint Energy Houston Electric, and AEP Texas have reported certain information concerning the COVID-19 Electricity Relief Program ("Program")
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April 27, 2020
ERCOT issued a market notice stating, "On April 23, 2020, ERCOT was informed by a Market Participant (disclosing MP) that its registration information (i.e., contact information and bank account information) with ERCOT may have been compromised. ERCOT and the disclosing MP immediately began…
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April 24, 2020
Led By Retail Market Vet
A new non-profit, Texas Commercial Energy Customers (TCEC), has been formed to represent commercial electric customers in Texas
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April 13, 2020
REP Makes Note Of Unpaid Balances Accrued Since First Disconnection Moratorium In March
The Texas Energy Association for Marketers filed comments with the Texas PUC seeking clarification of the PUC's COVID-19 Electricity Relief Program, under which eligible residential customers may not be disconnected for non-payment, as well as certain contemporaneously issued rule waivers
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April 8, 2020
The Executive Director of the Texas PUC has issued a directive concerning the start date for a process for retail electric providers to be reimbursed for energy charges under the COVID-19 Electricity Relief Program, under which eligible residential customers may not be disconnected for non-payment
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April 8, 2020
ERCOT has begun providing weekly updates regarding load pattern changes due to COVID-19 in the ERCOT region.
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April 6, 2020
The Public Utility Commission of Texas announced that Carrie Bivens has been named Independent Market Monitor (IMM) Director for the ERCOT marketplace.
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April 3, 2020
Energy Harbor To Use Third-Party QSE, Named In Application
Energy Harbor LLC, formerly known as FirstEnergy Solutions, has formally filed an application for an Option 1 Texas retail electric provider certificate
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April 2, 2020
GridPlus Energy announced that it is offering Texas consumers, "a special 12-month energy plan to address the financial needs of consumers during the COVID-19 pandemic."
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March 31, 2020
The Texas TDUs have submitted compliance filings to implement a new rider (Rider ERP) to fund the previously reported COVID-19 Electricity Relief Program which will reimburse retail electric providers and TDUs for customer non-payment during a disconnection moratorium for eligible non-residential…
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March 25, 2020
ERCOT, which recently held a market payment processes workshop to discuss several proposed changes to improve payment processes, issued a market notice stating that it will defer all improvement proposals, except one
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March 24, 2020
Program To Be Funded Via New TDU Rider Applicable To All Customer Classes
Texas PUC Chairman DeAnn Walker has proposed for consideration at the PUC's upcoming open meeting an Electricity Relief Program that would reimburse retail electric providers for energy charges associated with providing continuity of service to residential customers during a disconnection moratorium…
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March 24, 2020
On March 23, 2020, ERCOT received a Notification of Change of Generation Resource Designation (NCGRD) for the following Generation Resources:
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March 24, 2020
Vistra CEO Says Bad Debt Could Double Vistra "On The Lookout" For Acquisition Of Stressed Retail Providers
Curt Morgan, Vistra Energy's president and chief executive officer, said during a Wolfe Research fireside chat that Vistra, which owns various retail energy providers in Texas including TXU, is working with the PUC and other stakeholders on a bad debt "backstop mechanism" in light of the current…
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March 23, 2020
Seeks Funding For Customer Assistance, Extended Due Date For REP Payments To ERCOT, TDUs Suggests "Market Standard Of Conduct" For REP Prices, Fees During Pandemic Lower Collateral, Loans For REPs Also Suggested
Patrick L. Woodson, President of Texas retail electric provider ATG Clean Energy Holdings, filed a letter with the Texas PUC expressing concern with the strain being placed on the retail market by the ongoing Covid-19 pandemic, and suggested actions to prevent defaults by retail providers, including…
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March 6, 2020
ERCOT is hosting a workshop to discuss issues related to the Advanced Meter System (AMS) implementation for Interval Data Recorder (IDR) Meter customers.
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March 5, 2020
ERCOT will be hosting a workshop to discuss opportunities for shortening the existing Settlements timeline.
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March 5, 2020
The Electric Reliability Council of Texas (ERCOT) expects record electric use this summer and grid conditions similar to summer 2019.
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February 28, 2020
Retail Earnings Lifted By Acquisitions CEO: Taking Company Private Would Not Be "Silver Bullet" To Valuation
Vistra Energy, the parent of TXU and several other retail energy brands, said in announcing full-year 2019 earnings that it organically grew its ERCOT residential customer count in 2019, for the second year, "with strong customer acquisition and retention strategies and execution."
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February 27, 2020
During today's open meeting, Public Utility Commission Chairman DeAnn Walker said that Staff has shared with each of the Commissioners changes Staff has proposed to the retail electric complaints scorecard on the Power to Choose site
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February 7, 2020
146 MW of Peak Rebate/Direct Load Control
ERCOT filed with the Texas PUC a report on demand response during the summer of 2019
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February 5, 2020
Staff of the Public Utility Commission of Texas have filed an updated estimate of installed generation capacity in ERCOT.
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