July 5, 2013
The Public Utility Commission of Texas directed Staff to proceed with an evaluation of credit requirements for retail electric providers, and other issues, prompted by the increase in the ERCOT price cap, eventually to $9,000/MWh in 2015.
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June 27, 2013
Staff of the Public Utility Commission of Texas have sought guidance on moving forward with several projects to address retail market impacts from the higher system wide offer cap (SWOC), including potentially increasing the capital required of retail electric providers for certification.
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June 26, 2013
Staff of the Public Utility Commission of Texas and Glacial Energy of Texas, Inc. have reached a settlement to fully resolve a Staff Notice of Investigation into, and petition to revoke the REP certificate of, Glacial Energy of Texas, Inc., which allows Glacial Energy of Texas, Inc. to maintain its…
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May 29, 2013
The Arizona Corporation Commission has issued a series of questions for stakeholder comment regarding its review of instituting a formal proceeding to re-open retail electric access, with the questions emphasizing rate and other impacts on small customers from any opening of the retail market.
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May 22, 2013
Connecticut Light and Power has filed Standard Service Rates for the period July through December 2013, and Last Resort Service Rates for July through September 2013. CL&P Standard Service Rates, Jul. 2013 - Dec. 2013 (¢/kWh) Rate 1 7.573 Rate 5 7.573 Rate 7 On-Peak 10.194 Off-Peak 6.694 Rate 18…
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May 17, 2013
Texas Legal Services Center and Texas Ratepayers' Organization to Save Energy have raised concern regarding a Texas strawman rule to revise the Provider of Last Resort mechanism to allow a non-volunteer POLR (LSP) to delegate its LSP obligations to a REP-certificated affiliate of the LSP.
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May 8, 2013
FirstEnergy reported that increased volumes of contracted sales at FirstEnergy Solutions, including retail sales, were responsible for a $38 million gain in earnings versus the year-ago quarter, but these gains were offset by negative drivers, including lower capacity revenues.
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April 29, 2013
Staff of the Public Utility Commission of Texas have filed a strawman for potential changes to PUC Subst. R. 25.43, relating to Provider of Last Resort (POLR), for the limited purpose of allowing a Large Service Provider (LSP), also known as a non-volunteer POLR, to request that the commission…
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April 10, 2013
The Staff of the Public Utility Commission of Texas are set to release a strawman that would amend P.U.C. Subst. R. 25.43, relating to Provider of Last Resort (POLR).
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March 7, 2013
Texas Assigns Docket for Rulemaking Relating to Provider of Last Resort
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March 1, 2013
The Pennsylvania PUC approved Duquesne Light's petition for approval of revised procurement dates for residential and small commercial SOS, in light of the PUC's recent order requiring that procurements occur no earlier than 5 months prior to the start of delivery.
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February 26, 2013
FirstEnergy does not expect the retail electric market investigation newly launched by the Public Utilities Commission of Ohio to result in "significant changes" to the market rules, the company told investors yesterday in reporting earnings.
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February 4, 2013
Duquesne Light has petitioned the Pennsylvania PUC to approve revised procurement dates for residential and small commercial SOS in light of the PUC's recent order requiring that procurements occur no earlier than 5 months prior to the start of delivery.
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February 4, 2013
The existence and growth of opt-out municipal aggregations, "frustrates choice," Paul Koonce, Executive Vice President of Dominion Resources, Inc. and Chief Executive Officer of Dominion Virginia Power, said during an earnings call last week.
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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.
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January 29, 2013
Although the New York Attorney General supports the end of purchase of receivables without recourse, New York utilities have balked at the idea, raising concerns that requiring POR with recourse could harm customers and increase administrative costs.
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January 25, 2013
Mega Energy disclosed several details of the recent sale of its Texas retail customer book to TXU Energy in seeking an order from the Public Utility Commission of Texas rescinding a prior designation as a Provider of Last Resort.
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January 23, 2013
The Retail Energy Supply Association has asked the Maryland PSC to modify the cost recovery mechanism for Baltimore Gas and Electric's natural gas Provider of Last Resort (POLR) Capacity cost rate, under BGE's Rider 7 - Gas Choice and Reliability Charges, such that the POLR charge is recovered…
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January 4, 2013
The executive director of the Public Utility Commission of Texas issued a Notice of Violation to EBC Energy Today, LLC, in which Commission Staff is recommending a $1.5 million administrative penalty against EBC Energy Today, LLC for, among other things, allegedly acting as retail electric provider…
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December 28, 2012
FERC erred in requiring the Midwest ISO to include in its tariff a mechanism allowing the Provider of Last Resort to recover, through the MISO tariff, "administrative" costs of procuring so-called "gap" capacity -- demand that is unserved due to load switching among load serving entities, MISO said…
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December 20, 2012
Dayton Power & Light shall be allowed to continue charging customers a nonbypassable Rate Stabilization Charge (RSC), which acts as a provider of last resort (POLR) charge, under the extension of its current electric security plan (ESP) beyond December 31, 2012.
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November 28, 2012
Implementation of a revised capacity market in the Midwest ISO continues to get more complex for competitive retail suppliers as FERC ordered the Midwest ISO to propose a mechanism to allow Providers of Last Resort, which are allocated any capacity obligations not accounted for in individual LSE…
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November 19, 2012
Connecticut Light and Power has filed Standard Service Rates for the period January through June 2013, and Last Resort Service Rates for January through March 2013. CL&P Standard Service Rates, January 2013 - June 2013 (¢/kWh) Rate 1 7.615 Rate 5 7.615 Rate 7 On-Peak 10.236 Off-Peak 6.736 Rate 18…
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October 15, 2012
Staff of the Public Utility Commission of Texas have filed the Commission's final determination of the retail electric providers (REPs) designated to provide Provider of Last Resort (POLR) service for the 2013-2014 term.
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October 1, 2012
The Midwest ISO said in a FERC filing that a further review of the resource adequacy construct as accepted and modified by FERC in a June 11 Order is subject to two risks: (1) that some Planning Resource Margin Requirement may not be sufficiently accounted for and modeled at the time of the Planning…
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