March 6, 2015
Company Makes Investment in Retail Supplier
Fidus Investment Corporation announced in reporting earnings that it had made an investment in Plymouth Rock Energy, LLC.
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March 1, 2015
NRG Expects to Add 25,000-30,000 Home Solar Customers During 2015
By the end of 2015, NRG Home Solar expects to have 35,000-40,000 lease customers totaling approximately 245–280 MW, of which 25,000-30,000 are expected to be added during the year 2015, NRG said in reporting earnings.
February 20, 2015
Direct Energy Cites "Challenging" Sales Environment in Texas, Northeast for Profit Decline; C&I Margins Up Significantly in Second Half of 2014
Direct Energy operating profit fell by 46% for fiscal 2014, due in part to "challenging" market conditions in Texas and the U.S. Northeast
February 20, 2015
Volunteer Energy Announces Completion of Syndicate Financing to Fund Growth
Volunteer Energy announced the successful execution of a new secured asset based credit agreement with a six member bank group led by PNC Bank N.A., and includes JP Morgan Chase Bank N.A., KeyBank N.A., The Huntington Bank, Signature Bank N.A., and Webster Business Credit Corporation.
February 19, 2015
Flash: Direct Energy Residential Supply Customer Count in Texas, US Northeast Slides By 150,000
Direct Energy saw its residential energy supply customer count fall in both Texas and the U.S. Northeast from June 30, 2014 to December 31, 2014, parent Centrica said in reporting earnings this morning.
February 16, 2015
Exelon Expects Retail Competitors to Remain "Aggressive" In Pursuit of Market Share
Exelon expects that retail energy competitors will remain "aggressive" in pursuing market share in the current commodity price environment.
February 13, 2015
Just Energy Mass Market Customer Count Surges
Just Energy reported a 44,000 increase in the number of mass market Residential Customer Equivalents (RCEs) from the period September 30, 2014 to December 31, 2014, bringing its mass market customer total to nearly pre-polar vortex levels.
February 12, 2015
SouthStar Energy Services Reports Customer Count, Volumes
AGL Resources filed a 10-K for fiscal 2014, which included data related to SouthStar Energy Services' customer count and volumes.
February 9, 2015
Dominion Retail Reports Customer Growth
Dominion Retail reported growth in its average customer count for the three months ending December 31, 2014, versus the three months ending September 30, 2014
February 6, 2015
Retail Supplier WGL Energy Services To Focus on Large Commercial, Government Sales
WGL Energy Services is focusing its retail energy business on large commercial and government accounts, executives said yesterday during an earnings call
February 5, 2015
WGL Retail Supplier Reports Higher Margins, EBIT
WGL Holdings' retail energy marketing segment reported higher adjusted EBIT for the quarter ending December 31, 2014, on higher margins
January 15, 2015
NRG Sees $3,800 in Added Value Per Customer From Added Services Beyond System Power
During an investor day presentation, NRG CEO David Crane presented NRG's vision that it can extract $3,800 in additional value per customer from services beyond its traditional provision of retail system power.
November 20, 2014
Direct Energy Sees 50% Higher C&I Unit Margins, Residential Customer Count Drops
Direct Energy is seeing improved margins in its commercial and industrial supply business, but saw its residential customer count fall during the third quarter, Centrica said in an interim management statement.
November 19, 2014
Parent of Retail Supplier Acquires Energy Efficiency, Distributed Generation Firm, Expands to Massachusetts Retail Market
ONEnergy, the parent of Sunwave Gas & Power, has acquired substantially all of the assets of AVACOS Clean Energy for $1.73 million (all $ Canadian).
November 18, 2014
Texas REP Reports Wider Loss
Summer Energy Holdings, the parent of Texas REP Summer Energy, LLC, reported a wider loss for the three months ending September 30, 2014, as the company continues to attempt to obtain economies of scale.
November 17, 2014
Crius Energy Reports Reduced Churn, But Customer Base Still Declines By 3%
Crius Energy reported reduced levels of churn in the third quarter of 2014, but the company still saw a 3% decline in its customer base.
November 14, 2014
Just Energy Sees Return to Mass Market Customer Growth
After two quarters of declining mass market customer count, Just Energy saw net growth in its mass market customer book for the three months ended September 30, 2014.
November 13, 2014
Dominion Retail Reports Lower Customer Count in Remaining Business Lines
Dominion Retail reported a lower average customer count in its natural gas and products & services business lines during the third quarter, versus the average during the second quarter of 2014.
November 13, 2014
Spark Energy Discloses Purchase Price for Two Recent Customer Book Acquisitions, Sees More M&A Opportunities
In announcing quarterly earnings, Spark Energy has disclosed the purchase price for Connecticut books of customers it has agreed to acquire from Discount Power, Inc. and Town Square Energy, LLC.
November 12, 2014
Retail Supplier Parent Credits "Rapid Recovery" From Polar Vortex in Announcing Dividend
The Board of Directors of Genie Energy Ltd., the parent of IDT Energy, has initiated payment of a quarterly dividend to holders of its Class A and Class B common stock and declared a dividend of $0.06 per share for the third quarter of 2014.
November 12, 2014
Sprague Resources Reports Higher Margins in Natural Gas Retail Supply Business
In announcing earnings this morning, Sprague Resources LP announced "marginally higher" unit margins.
November 6, 2014
NRG Reports Higher Retail Margins, But Challenging C&I Space Prompts "Repositioning"
NRG Energy saw higher margins in its retail business which led to improved adjusted EBITDA, but margins for non-residential customers remain challenging.
November 6, 2014
IDT Energy Customer Count Stabilizes As Churn Returns to Normal Levels; Will Roll Out New Green Brand
The retail customer base of Genie Energy, parent of IDT Energy and new brand Residents Energy, essentially stabilized during the third quarter, as churn returned to normalized levels after the polar vortex.
November 5, 2014
TXU Parent Reports Less Than 1% Decline in Residential Customer Count
Energy Future Holdings reported in a 10-Q that its competitive retail businesses recorded a net loss of residential customers from June 30, 2014 to September 30, 2014, but the loss was less than 1% of its customer base.
November 5, 2014
NRG Energy: 20% of Texas Customers Buy More Than One Product from NRG
At the end of the third quarter, 20% of NRG Energy's Texas customers were buying more than one product from NRG, COO Mauricio Gutierrez said during an earnings call this morning.