January 31, 2014
During an earnings call, Dominion said that margins have been shrinking for its competitive retail electric business, while the business has also been subject to increased volatility.
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January 29, 2014
NextEra Energy expects its retail and wholesale supply businesses to underperform in the first quarter of 2014 due to the extreme conditions experienced to date.
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January 28, 2014
AEP has forecast that its AEP Ohio service area will see customer switching reach 71% by the end of 2014, it said in reporting earnings yesterday.
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January 23, 2014
"PJM's capacity auctions, which are intended to provide support for competitive generators, do not, and instead have delivered unpredictable and inadequate results," FirstEnergy Corp. CEO Anthony Alexander said during an investor call yesterday.
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January 22, 2014
FirstEnergy Corp. announced a cut in its dividend as it also reported 2014 guidance which includes lower contribution from its competitive energy services segment.
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January 13, 2014
NRG Energy filed an 8-K on Friday informing investors that it expects to record a material impairment loss on certain assets located primarily in the East in the fourth quarter of 2013.
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January 8, 2014
Retail energy supplier Ethical Electric announced that it received $11 million in Series A funding confirmed on December 31, 2013.
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December 20, 2013
U.S. Gas & Electric, Inc. announced yesterday that it expects the fiscal year ending December 31, 2013 to be its most profitable ever.
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December 16, 2013
Just Energy Group Inc. announced that it has entered into a Share Purchase Agreement pursuant to which it has agreed to sell all of the issued and outstanding shares of Terra Grain Fuels Inc., an ethanol producer, to a group of unnamed Saskatchewan businesses.
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November 27, 2013
ONEnergy Inc. announced today that its wholly-owned retail energy supplier subsidiary Sunwave Gas & Power Inc. has entered into agreements with Shell Energy North America (Canada) Inc. and Shell Energy North America (US), L.P. under which Shell Energy will supply energy, credit support, and…
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November 25, 2013
An, "unexpected increase in PJM ancillary service and RPS compliance costs," negatively affected profitability at Washington Gas Energy Services, parent WGL Holdings recently said in reporting earnings.
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November 19, 2013
"Near-term market conditions in our Northeast markets will likely impact our results in the first quarter," Crius Energy Trust CEO Michael Fallquist said during an earnings call last week.
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November 15, 2013
Centrica, the parent of Direct Energy, released an interim management statement yesterday which said the following regarding Direct Energy:
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November 15, 2013
Crius Energy reported a slight uptick in customer growth for the three months ended September 30, 2013.
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November 13, 2013
The retail supply business was not even a secondary consideration of NRG Energy in deciding to enter into an agreement to acquire Edison Mission Energy, NRG CEO David Crane said on an earnings call yesterday, but the acquisition would allow NRG to take a "slightly harder" look at the municipal…
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November 12, 2013
NRG Energy saw only marginal growth in its retail customer base from June 30, 2013 to September 30, 2013, according to a presentation released in conjunction with quarterly earnings.
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November 8, 2013
Just Energy saw a net decline in its number of mass market energy marketing accounts from June 30, 2013 to September 30, 2013, it reported in releasing quarterly earnings.
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November 7, 2013
During an earnings call yesterday, CenterPoint Energy said that its CenterPoint Energy Houston Electric subsidiary, "continues to benefit from strong growth in our service territory."
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November 7, 2013
IDT Energy saw an increased level of net customer attrition during the three months ended September 30, 2013, from a slowdown in gross meter additions.
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November 7, 2013
"Continued competitive pressures," in the retail electric market have challenged the recovery of marketing costs, Integrys Energy Group said in a presentation released in conjunction with quarterly earnings today.
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November 6, 2013
"[O]ur competitive operations have been challenged, not by operational performance, but by capacity and energy markets that do not support investment in, or in some instances the operation of, generating units," FirstEnergy CEO Anthony Alexander said yesterday during an earnings call.
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November 6, 2013
EnTouch Controls, a provider of cloud-based energy management systems for restaurant and retail chains, said that it has raised a total of $8.25 million in Series B equity and debt financing.
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November 6, 2013
Dominion Retail expects the currently "very, very competitive" retail market climate to stabilize and allow for growth with the looming coal plant retirements owned by various competitors in the space.
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November 5, 2013
The Slater Technology Fund announced that it has committed an additional $100,000 to VCharge, an energy management services company whose operation includes retail electric supply in competitive markets, as part of their $1-million dollar round, bringing Slater's total investment to $600,000.
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November 1, 2013
Energy Future Holdings Corp., the parent of TXU Energy and 4Change Energy, continued to cut the net rate of residential customer churn for the second consecutive quarter, Energy Future Holdings disclosed in a 10-Q filed this morning.
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