Retail Energy Buyer

Retail energy lets industrial, commercial and residential end-use customers buy electricity and natural gas from competitive retail energy suppliers. Retail energy choice is not available in all states, but if a state has “retail choice,” customers can purchase energy from their utility supplier, as usual, or can look to a number of competitive retail energy suppliers. Competitive retail energy suppliers often have services and plans that provide businesses flexibility, alternative energy choices, and purchase plans that offer a hedge against future rate increases. Retail energy markets are regulated by state regulatory commissions, such as the Public Utility Commission (PUC) or Public Service Commission (PSC).

Retail Energy Buyer

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Nuclear Bailout Still Could ‘Blow’ Chances for Illinois House Amendment 3

Cheryl Kaften

Exelon Generation and Commonwealth Edison (ComEd) announced on November 30 that they had reached an agreement with Illinois Governor Bruce Rauner (R) on the controversial Future Energy Jobs Bill (SB2814), House Amendment 3. Under the terms of the agreement, the parties are mandating an overall cost cap on all measures within the bill.


Caesars Files to Cut Ties with NV Energy

Cheryl Kaften

Caesars Entertainment formally applied to the Nevada Public Utilities Commission (PUC) on November 23 (Docket Nos. 16-11035 and 16-11034) to withdraw as a retail customer of NV Energy and “to purchase energy, capacity, and … ancillary services from a provider of new electric resources.”


Automakers Could Glean $500K Power Credit Under AEP Ohio Proposal

Cheryl Kaften

Central Ohio’s electric utility wants to support automakers with a new credit on their bills, according to a November 29 report in Columbus Business First.


Duke Energy Progress Reveals Retail Rate Reduction in Tar Heel State

Cheryl Kaften

Duke Energy Progress customers in the Tar Heel State will have more disposable income this holiday season, as fuel costs will decrease effective December 1, following approval by the North Carolina Utilities Commission (Docket No. E-2, SUB 1023).


AG Issues Scam Alert to Georgia Businesses

Cheryl Kaften

Georgia Attorney General Chris Carr sent out a warning on November 29 to area businesses about a telemarketing fraud scheme in which scam artists pose as representatives from Georgia Power and threaten to shut off the business’ power unless a payment is made immediately.


ERC Price Benchmark Trends Week Ending: November 25, 2016

Jim Moore, PhD

Shifting to a January 2017 contract start date, ERC’s national average benchmark price for electricity declined week-over-week by 1.3%, to $0.0717 per kilowatt hour (kWh). The biggest drop in prices last week occurred in the District of Columbia (-3.0%), Delaware (-2.6%), and New Jersey (-2.6%). By contrast, prices increased in Texas (+1.3%). Month-over-month, competitive electricity   …Continue Reading


PURA Draft Decision Specifies How Retailers Must Reimburse Net Metering Customers

Cheryl Kaften

On November 18, Connecticut’s Public Utilities Regulatory Authority (PURA) released a draft interim decision based on the results (Docket No. 15-09-03) of an investigation into “Net Metering Kilowatt-Hour Banking.”


PSC Capitulates in FPL Rate Case

Cheryl Kaften

(Docket No. 160007-EI)


Report: Preserving Illinois Nuclear Plants Would Save Ratepayers $3 Billion Over Next Decade

Cheryl Kaften

Continued operation of the Clinton and Quad Cities nuclear generation facilities in Illinois could save ratepayers $3.1 billion over the next decade, according to the findings of a study released on November 28.


PURA Preliminary Ruling Slashes UI’s Electric Distribution Rate Request

Cheryl Kaften

Connecticut’s Public Utilities Regulatory Authority (PURA) released a proposed final decision on November 23 (Docket No. 16-06-04) – trimming about $41 million from the amount that United Illuminating had sought to increase electric distribution rates to all classes of customers.