Energy News

CT Electricity Choice – Can You Save on Electricity?

The Connecticut Office of Consumer Counsel recently called for the end of electricity choice in Connecticut. The OCC says electricity choice doesn’t save money. Retailers say you can save. But what’s the reality?

We’ll give you both sides of the argument. We’ll tell you why Connecticut electricity rates are so high. And we’ll show how you really can save on your United Illuminating or Eversource bill when you switch suppliers.

Read More about CT Electricity Choice – Can You Save on Electricity?

Power to Choose Alternatives Grow as PUCT Tries New Fixes

Electricity customers in Texas are searching for a Power to Choose alternative. And it’s no wonder. The Texas Power to Choose site has long been called the Power to Confuse. There are hundreds of plans to choose from, multiple rate structures to decipher, and fine print gotchas in most plans. The Public Utility Commission of Texas (PUCT) is not happy with the games that retail energy providers are playing. They have publicly blasted electricity providers for taking advantage of consumers. Now they are taking action to address these issues.

Read More about Power to Choose Alternatives Grow as PUCT Tries New Fixes

FES Bankruptcy – Exelon Saves the Day?

When First Energy Solutions (FES), a retailer serving nearly 1 million electricity customers entered bankruptcy in April, Ohio regulators were concerned.  After all, FES is the electric generation supplier of a large number of electricity municipal aggregations across Ohio.  What would happen to consumers as FES fought its way through bankruptcy proceedings?  It looks like a white knight has appeared on the horizon — Exelon Constellation.

Read More about FES Bankruptcy – Exelon Saves the Day?

The Breeze Energy Meltdown: A Sign of Things to Come?

Breeze Energy customers got a rude surprise on May 30, 2018. They received notification that their retail electric provider had gone out of business.  They would now be served at a high market rate by the Provider of Last Resort, or POLR. What would you do if you received such a notice? And what is the risk of it happening to you?

Read More about The Breeze Energy Meltdown: A Sign of Things to Come?

The High Risk of Summer 2018 Texas Month to Month Electricity Plans

Texas electricity customers face historically high electricity prices this summer. The rising energy rates are not so much a result of the cost of natural gas, the primary commodity used to generate electricity, but are a result of increased demand and anticipated shortages in supply. What does this mean for customers on variable rate, month to month electricity plans? High, high, high electricity rates for the dog days of summer. Who is most at risk? Prepaid electricity customers and customers on holdover rates from expired electricity contracts.

Read More about The High Risk of Summer 2018 Texas Month to Month Electricity Plans

What’s Ahead for Texas Summer Electricity Rates: Supply, Demand, and Reserve Margins

If you’ve shopped for an electricity plan in Texas recently, you’ve probably noticed that rates are rising. In fact, some of the energy rates for Texas plans have increased over 30% so far in 2018 and will continue to rise as the summer approaches.

What’s contributing to this rise? In short, it’s simple economics. Understanding the market forces at play in ERCOT will help you make an informed decision about your energy needs going into the summer and avoid a painful utility bill.

Read More about What’s Ahead for Texas Summer Electricity Rates: Supply, Demand, and Reserve Margins

The Oncor/Sharyland Deal: How Customers Will Benefit

Sharyland customers – your nightmare electricity bills are officially coming to an end.

On July 24, 2017, Oncor announced that it had reached a definitive asset swap agreement with Sharyland Utilities (SU) valued at approximately $400 million. Upon PUCT approval and successful close of the transaction, Sharyland will receive approximately 258 miles of 345 kV transmission lines from Oncor, and Oncor will receive all of Sharyland’s distribution network and, following ERCOT transitioning, all of Sharyland’s retail delivery customers.

Read More about The Oncor/Sharyland Deal: How Customers Will Benefit

Relief for Texas Electric Customers Affected by Hurricane Harvey

As the people of Southeast Texas return to their homes and assess the damage from Harvey, the Public Utility Commission of Texas (PUCT) has taken steps to help those directly impacted. On August 31, the PUCT passed emergency order #47552 requiring Retail Electric Providers to offer deferred payment plans to customers, by request, in areas covered by a disaster proclamation until September 29, 2017.

Read More about Relief for Texas Electric Customers Affected by Hurricane Harvey