Cheryl Kaften, Author at Environment + Energy Leader

CAL-ISO Proposal to FERC Would Curtail EIM Price Spikes

August 26, 2015 by Cheryl Kaften

The California Independent System Operator (CAL-ISO) filed a proposal (ER15-861-003) with the Federal Energy Regulatory Commission (FERC) on August 19 intended to avoid price spikes – also known as “power balance infeasibilities” or “price excursions” – in its two-partner Western Energy Imbalance Market (EIM). The suggested changes actually have been ... Read more »

Governor of Maine Implores Legislature to Help Trim Power Prices

August 26, 2015 by Cheryl Kaften

Maine Governor Paul R. LePage (R) sent a letter on August 21 to his state’s legislative leadership, calling for action to reform obsolete and costly energy policies that, he said, are making it difficult, if not impossible, for local businesses to remain competitive. The letter was prompted by an announcement ... Read more »

NPUC Staff Proposes $128 Million in Exit Fees for Three Las Vegas Casinos

August 26, 2015 by Cheryl Kaften

Three casino companies are betting big bucks that they will save more than the required utility exit fees when they terminate their relationship with NV Energy and begin powering their operations with natural gas and renewable energy. The Nevada PUC’s (NPUC’s) regulatory operations staff submitted its exit fee estimates on ... Read more »

With Purchase of ResCom, PowerOne Transitions from Broker to Retail Energy Provider

August 19, 2015 by Cheryl Kaften

PowerOne has finalized the purchase of a 100 percent interest in ResCom Energy, the Chicago-based competitive energy marketer announced on August 18. The disclosure follows acceptance by the Federal Energy Regulatory Commission (FERC) on August 6 of PowerOne’s request for approval of the ResCom purchase. ResCom already is an established retail energy ... Read more »

From Steep to Cheap: Deregulated Power Prices in Texas

August 19, 2015 by Cheryl Kaften

Texans living under retail electric deregulation paid less for electricity than the national average for the two consecutive years ending in 2013, according to a report released on August 12 by the Texas Coalition for Affordable Power (TCAP) – a group of about 160 municipalities that have joined together to ... Read more »

Study: Customer Service Is Key in Courting Retail Energy Prospects

August 19, 2015 by Cheryl Kaften

With fewer consumers shopping around for better electricity prices, retail electric providers (REPs) must focus on enhancing the entire customer experience – including ease of enrollment and frequent communications – in order to differentiate their brands and create greater satisfaction with their services. Those are the top-line findings of the ... Read more »

XOOM Energy Zooms to Elite Rank on Inc. 5000 List

August 19, 2015 by Cheryl Kaften

Thirteen has become a lucky number for Huntersville, North Carolina-based retail energy provider XOOM Energy, which earned that ranking on the Inc. 5000 list for 2015, an exclusive register of the nation’s fastest-growing private companies. XOOM, founded in 2011, earned its high place on the roster with 2014 revenues of $293.1 ... Read more »

ERCOT Selects New CEO

August 19, 2015 by Cheryl Kaften

The Board of Directors of the Electric Reliability Council of Texas (ERCOT) has selected Bill Magness to become its president and chief executive officer when the incumbent in the position, Trip Doggett, retires in 2016. Magness currently serves as general counsel and senior vice president for Governance, Risk and Compliance at ... Read more »

Massachusetts DPU Ponders Who Can Be Solicited for Municipal Aggregations

August 19, 2015 by Cheryl Kaften

Following an open meeting on August 13, the Massachusetts Department of Public Utilities (DPU) formally requested stakeholder comments concerning which utility ratepayers should be included in the customer lists provided to municipal aggregators – and specifically, which names can be provided by National Grid, a utility that serves 3.3 million ... Read more »

Energy Groups Bash NYSERDA Plan for Utility-Owned Renewable Projects

August 19, 2015 by Cheryl Kaften

Four power industry advocacy groups went on the record on August 13 with their objections to a proposal advocated by the New York State Energy Research and Development Authority (NYSERDA) to permit utility ownership of large-scale renewable energy projects. The Independent Power Producers of New York, Inc. (IPPNY), the Alliance ... Read more »

IDT Energy Hit with $2.4M Extra in Polar Vortex Refunds

August 12, 2015 by Cheryl Kaften

Pennsylvania Attorney General Kathleen Kane and Acting Consumer Advocate Tanya McCloskey announced a proposed settlement on August 6 with IDT Energy, a retail energy supplier accused of deceptively marketing its variable electric rates to Pennsylvania consumers, many of whom filed complaints about spikes in their rates during the winter of ... Read more »

Direct Energy Offers ‘No Regrets’ Electric Plan to NJ Business Customers

August 12, 2015 by Cheryl Kaften

Direct Energy Business introduced its No Regrets plan on August 7 – calling it a more “flexible, and transparent approach” for commercial and industrial energy buyers in New Jersey. The No Regrets plan gives customers the opportunity to re-sign their original contract at a lower price during a preliminary 10-20 ... Read more »

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