November 13, 2012
IDT Energy Sees Increased Customer Growth
IDT Energy reported higher customer growth during the three months ended September 30, 2012 (third quarter), versus the three months ended June 30, 2012.
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November 9, 2012
Duke Energy Retail Reports Lower Results
Duke Energy Retail results were about $7 million lower for the quarter ending September 30, 2012 versus the year-ago quarter, Duke Energy said in reporting earnings yesterday.
November 9, 2012
Higher Volumes of Direct Retail Sales Lift FirstEnergy Solutions Margin
Higher volumes of competitive retail sales directly to large and mass market customers by FirstEnergy Solutions in the third quarter of 2012 more than offset the negative impact of lower pricing and produced increased commodity margin, versus the year-ago quarter, FirstEnergy Corp. said in reporting…
November 9, 2012
Just Energy Reports Lower Net Customer Growth on Contract Roll-off
Just Energy recorded a slower rate of net customer growth during the three months ended September 30, 2012, versus the growth recorded in the three months ended June 30, 2012, due to the impact of a large contract which was not renewed.
November 5, 2012
NRG Energy Sees Acceleration in Retail Growth, Gross Margin Higher
NRG Energy saw faster customer growth during the three months ended September 30, 2012, and reported higher gross margin from its retail segment.
November 2, 2012
PSEG Execs Maintain BGS Migration Forecast
Electric customer migration away from Basic Generation Service was relatively flat at PSE&G during the three months ended September 30, 2012, executives reported on an earnings call.
November 2, 2012
SouthStar Sees Increased Margins; Marginal Attrition in Georgia Book
AGL Resources' retail operations, consisting of SouthStar Energy Services and the Nicor retail businesses, contributed EBIT of $5 million for the third quarter of 2012, an increase of $10 million compared to the EBIT loss of $5 million for the same period in 2011.
November 2, 2012
Constellation Tempers Retail Expectations on Aggressive Competition, Pricing
Exelon has cut its outlook for retail supply volumes and margins from an earlier forecast in response to, "aggressive competition and pricing," Exelon CEO Chris Crane said during an earnings call yesterday.
October 31, 2012
TransCanada Seeing Retail Business Growth
Continued growth in TransCanada Power Marketing's retail business was reflected in higher purchased power volumes during the quarter ending September 30, 2012.
October 30, 2012
Flash: TXU Sees Significant Improvement in Customer Churn
TXU Energy continued its significant improvement in customer churn during the three months ended September 30, 2012, according to an Energy Future Holdings 10-Q posted this morning.
October 26, 2012
Dominion Retail Customer Count Relatively Steady
Dominion Retail reported a loss including noncontrolling interests before interest and taxes of $8 million for the quarter ending September 30, 2012, on mark-to-market impacts, versus a loss of $1 million a year ago.
October 25, 2012
AEP Reports Impact from Shopping in Ohio
Customer switching to competitive supply represented 42% of load in the AEP Ohio territory as of September 2012, AEP said in reporting third quarter earnings yesterday.
October 15, 2012
U.S. Gas & Electric Announces Performance Milestones in Issuing Dividend
U.S. Gas & Electric, Inc. announced today that its board of directors declared a dividend of $4.0 million, to be distributed to its shareholders, as a result of achieving "significant performance milestones" which it reported.
September 27, 2012
Preliminary Prospectus for Crius Energy Trust IPO Discusses New Markets, Acquisition Strategy for Retail Suppliers
Crius Energy Trust yesterday filed a preliminary prospectus with the securities regulatory authorities in all provinces and territories of Canada in connection with a proposed initial public offering of its trust units.
September 12, 2012
Summit Power Group Announces Major Milestones in Financing & Construction of the Texas Clean Energy Project
The text below is an unedited press release from Summit Power Group regarding its Texas Clean Energy Project generating capacity being developed in Texas
September 12, 2012
Clarification: IPO Market Conditions Cited by MVC Capital Were for the Period Leading Up To The Date Of Its Financial Statements; MVC Capital Remains Committed to Pursuing a Monetization Event in U.S. Gas & Electric to Maximize Shareholder Value
IPO market conditions cited in a story posted yesterday describing MVC Capital, Inc.'s view of the IPO markets related to conditions that existed during the three months ended July 31, 2012, and should not be viewed as MVC Capital, Inc. terminating its pursuit of an IPO for U.S. Gas & Electric, Inc.
September 11, 2012
Potentia Energy Named Fastest Growing Company in Houston
Retail provider Potentia Energy LLC has been ranked as the fastest growing private company in the Houston area by the Houston Business Journal
September 11, 2012
MVC Capital to Continue to Pursue IPO for U.S. Gas & Electric
This story was revised at 4:44pm to reflect a clarification that the timeframe for the described IPO market conditions was solely for the three months ended July 31, 2012, and not current conditions
August 21, 2012
Clearview Electric Leads Retail Supply Companies in Inc. 500 Rankings
Clearview Electric led retail supply-related companies in this year's Inc. Magazine 500/5000 rankings of revenue growth at private companies from 2008 to 2011.
August 10, 2012
Just Energy Group Results Lifted by Higher Gross Margin
Just Energy Group reported higher Adjusted EBITDA for the three months ended June 30, 2012 of $42.3 million, versus $37.4 million a year ago, on increased gross margin, partially offset by higher operating expenses (all $ in this story Canadian).
August 10, 2012
Integrys Energy Services Reports Intensified Competitive Pressure, Earnings Rise on Lower Costs
Integrys Energy Services reported core earnings for the second quarter of $2.3 million, up from $1.2 million a year ago, but said that it is facing increased competitive pressures.
August 9, 2012
Flash: Just Energy Customer Growth Steady In Last Three Months
Just Energy reported consistent customer growth, in terms of long-term Residential Customer Equivalents (RCEs), during the three months ended June 30, 2012, it reported today in releasing earnings.
August 9, 2012
IDT Energy Focuses on Electric Customer Growth, Reports Increased Competition
IDT Energy continued to record customer growth during the three months ended June 30, 2012, though at a slower pace than the three months ended March 31, 2012, as the company focused on growing the more profitable electric customer book, rather than both its electric and gas customer base.
August 8, 2012
FirstEnergy Solutions Reports Low Attrition at Affiliated Ohio EDCs
FirstEnergy Solutions is "doing very well" with attrition and retaining customers "that we've traditionally held," FirstEnergy Solutions President Donald Schneider said during an earnings call yesterday.
August 8, 2012
NRG Energy Retail Business Sees Consistent Customer Growth; Higher Margins
NRG Energy's retail businesses saw consistent growth in customer count during the three months ended June 30, 2012, the company said today in reporting earnings.