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March 29, 2012
The Maine PUC ordered Bangor Hydro-Electric to remove certain language regarding the extension of a contract between a customer and the BHE-selected retail supplier offering dynamic pricing, but otherwise approved the BHE dynamic rate trial which will be conducted through a competitive supplier…
November 21, 2011
Stream Spe, Ltd. would pay $20,000 under a settlement with PUCT Staff to resolve allegations that Stream, "in certain limited instances," was not in compliance with several provisions of the Substantive Rules.
November 8, 2011
Superior Plus' fixed-price energy services business generated gross profits of $9.5 million for the third quarter of 2011, compared to $6.9 million in the prior year quarter (all figures Canadian).
August 26, 2011
As part of a notice to levy an administrative penalty against Just Energy Ontario L.P., the Ontario Energy Board said that independent associates selling energy under a network marketing model must comply with all regulations applicable to traditional sales agents.
July 8, 2011
Early termination fees for electric service would be limited to $50, and shall be waived for cancellations within 10 days of the first bill, under a new First Notice Order concerning electric customer protections in Illinois (Docket 09-0592).
May 20, 2011
Just Energy Group Inc. reported adjusted EBITDA of $118.3 million for the quarter ending March 31, 2011 (fourth quarter of fiscal 2011), up from $109.0 million a year ago (all figures Canadian).
May 9, 2011
Constellation's NewEnergy segment reported an adjusted loss of $16 million for the first quarter of 2011, versus adjusted earnings of $109 million a year ago, due to a combination of the February weather event in Texas, lower margins, as well as charges related to its international divestiture.
January 18, 2011
Exempting New York ESCOs from obtaining new customer authorizations for fixed rate contract renewals with no material changes, with a change in rate not constituting a material change, "is not in the best interest of New York State Consumers and should be modified," the New York State Consumer…
December 20, 2010
ESCOs will have to receive a new customer consent to renew residential customers onto contracts with material changes, but the definition of material changes excludes changes only in price, or renewals onto a monthly variable rate, under revisions to the New York Uniform Business Practices issued…
November 15, 2010
The New York PSC should not require the express consent of customers for ESCOs to renew such customers, the Retail Energy Supply Association said in comments regarding the proposed ESCO Consumer Bill of Rights and related changes to the Uniform Business Practices (98-M-1343).
November 10, 2010
Just Energy Income Fund reported higher Adjusted EBITDA of $39.4 million, versus $36.6 million a year ago (all figures Canadian), on higher gross margin from U.S. electric sales.
November 1, 2010
Constellation NewEnergy is "look[ing] to expand our participation in the residential markets by 2012," Kathleen Hyle, COO of Constellation Energy Resources, said during an earnings call Friday.
October 26, 2010
The Ontario Energy Board denied the relief requested by several competitive energy suppliers regarding the treatment of renewals during the period in which the Board has yet to finalize new disclosure statements required to be provided to customers in order to perform automatic renewals.
October 25, 2010
Several retail energy suppliers have informed the Ontario Energy Board that their renewal activities will be constrained by the lack of new final regulations governing the renewal process.
October 15, 2010
The Pennsylvania PUC denied, 4-1, the Office of Small Business Advocate's request for rehearing of the PUC's decision allowing Direct Energy to retain, without affirmative action by the customer, the customers it currently serves under the aggregation program at Pike County Light & Power if those…
