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August 2, 2013
Centrica, parent of Direct Energy, said during an earnings presentation this week that it now sees market products, along with its existing Texas generation ownership, as the preferred method of managing the pricing and load following risks of super-peaks in ERCOT, rather than owning additional…
July 29, 2013
A Pennsylvania court has affirmed that a default service portfolio containing only a single product -- in this case, spot market pricing -- can meet the statutory "prudent mix" standard required of default service plans.
February 21, 2013
Washington Gas Energy Services, Inc. announced that it has entered a five-year secured supply arrangement with Shell Energy North America (US), L.P.
February 20, 2013
Texas retail electric providers will be challenged to preserve margin in a rising cost environment, and July and August could be an "issue" for certain retail electric providers, TXU Energy CEO Jim Burke said during an earnings call yesterday.
February 19, 2013
AEP is not focused on creating a national retail energy player, AEP President & Chief Executive Officer Nick Akins affirmed during an investor presentation last week.
February 5, 2013
Hudson Energy Supply UK Limited, a subsidiary of Just Energy Group Inc., has entered into a 5-year strategic supply arrangement with Shell Energy Europe Limited for Hudson's retail business in the United Kingdom.
January 31, 2013
Rejecting recommendations from the Retail Market Review Committee, the Alberta government has elected not only to maintain the Regulated Rate Option (RRO) for electric default service, but has expanded the time over which RRO supplies may be procured.
January 25, 2013
Retail supplier Kiwi Energy, Inc. announced that it has closed a new $10 million financing facility via a revolving line of credit.
January 23, 2013
Energy Future Holdings Corp. has filed in an 8-K selected preliminary unaudited financial data for the year ended December 31, 2012.
January 22, 2013
A Pennsylvania ALJ would grant the petition of UGI Utilities, Inc. - Electric Division to "roll over" its existing default service plan for customers above 500 kW (GSR 3 Group customers) for an additional one-year period ending May 31, 2014.
January 13, 2013
Liberty Power has developed what appears to be a unique provision regarding early termination fees for residential electric contracts that waives the termination fee if the customer contacts Liberty Power to terminate the contract, rather than cancelling by contacting the utility or through…
December 10, 2012
A retail electric provider cannot change its fixed rate provided to a small customer due changes in the level of the high price cap in ERCOT, the Public Utility Commission of Texas has determined.
November 19, 2012
The Illinois Commerce Commission has issued a proposed order regarding the Illinois Power Agency's default service procurement plan which would defer ruling on whether the ICC, through the procurement plan, can compel alternative retail electric suppliers to purchase the output from a clean coal…
October 31, 2012
Despite lower wholesale electric prices and natural gas prices, retail pricing across REPs in ERCOT has not come down as much as may be expected, due to last summer's volatility, and expectations for future volatility lifting forward pricing, TXU Energy executives said on an earnings call yesterday.
October 16, 2012
An appeal filed earlier this year by the Pennsylvania Office of Consumer Advocate concerning the procurement of default electric service at Pike County Light & Power has taken on new significance in light of the PUC's proposed end-state retail electric market design, which is similar to the adopted…
October 4, 2012
NRG Texas Power LLC has filed a Notification of Suspension of Operations with ERCOT for several of the units at its SR Bertron facility, namely, units G1, G2 and GT2.
October 1, 2012
On September 28, the Illinois Power Agency filed a proposed default service procurement plan covering the period June 2013 through May 2018 which recommends that the Illinois Commerce Commission require the utilities as well as alternative retail electric suppliers to enter into "sourcing…
September 11, 2012
Kinder Morgan CO2 Company, L.P. filed comments at the Public Utility Commission of Texas regarding congestion in the West Zone, expressing dissatisfaction with the congestion revenue rights (CRR) process, and warning of economic consequences from continued West Zone congestion.
September 11, 2012
A contractual pass-through by retail electric providers to customers of charges meant to assure the reliability of the electric grid, "cause customer confusion and frustration," a group of retail suppliers have said.
September 5, 2012
Connecticut Light and Power is not contemplating entering into any long-term contracts under its self-managed Standard Service portfolio, the Prosecutorial Unit of the Connecticut Public Utilities Regulatory Authority said in an interrogatory response.
August 13, 2012
Parties have reached a settlement to establish a new level for the reservation charge applicable to choice customers at Michigan Gas Utilities Corporation (MGUC)
July 27, 2012
The Brattle Group conceded in a response to industrial customers that it has not studied issues regarding Texas retail electric provider credit and qualification provisions, "in detail" -- despite recommending that the PUC revisit REP qualification standards to address certain "risks."
June 1, 2012
In its report on ERCOT resource adequacy (see related story) , The Brattle Group urged the Public Utility Commission of Texas to, "revisit provisions to ensure that retail electric providers (REPs) can cover their positions as reserve margins tighten and price caps increase."
May 30, 2012
Retail electric providers offered differing interpretations regarding whether a change in the ERCOT System Wide Offer Cap would amount to a change in law allowing REPs to modify fixed price contracts with small volume customers.
May 25, 2012
In accepting the continued exclusive reliance on the New York ISO spot market for default service at Pike County Light and Power, the Pennsylvania PUC made a finding with implications for not only future default service proceedings, but the PUC's investigation of the continued future of default…
