JCP&L warns customers about possible scams

By: Asbury Park Press |

Jersey Central Power & Light (JCP&L) reminds customers to beware of telemarketers and door-to-door salespeople claiming to be employees of JCP&L or FirstEnergy.

Some third-party salespeople are reportedly using deceptive and/or aggressive tactics to convince customers to switch electric generation suppliers. While JCP&L customers have the right to choose an […]

2015-05-07T15:38:30-05:00August 30th, 2013|New Jersey Market|

Texas regulators advance plan to raise prices when supplies tighten

By: Eileen O’Grady |

Texas utility regulators on Thursday directed the state grid operator to create draft rules for a market reform that would raise wholesale electric prices at times when high consumption strains generating supply.

Electric use in Texas is growing faster than generation is being built, shrinking the state’s reserve margin and increasing the […]

2015-05-07T15:44:09-05:00August 30th, 2013|Texas Market|

NRG study: Texas will see outages, $14 billion in losses under current electricity market

By: James Osborne |

A study sponsored by Houston-based power company NRG Energy projects that Texas will suffer $14 billion in losses through power outages over the next 15 years under the current market system for electricity.

The study, which was filed with the Texas Public Utility Commission Tuesday afternoon, reports that by 2016 Texas […]

2015-05-07T15:38:30-05:00August 29th, 2013|Texas Market|

Market Summary: 19 Aug – 23 Aug 2013

The following is a summary of last week’s market activity and the market outlook:

  • Natural gas futures moved up due to a lower-than-expected storage injection and some modestly bullish weather forecasts. The Prompt Month moved up 13 cents to $3.36 and the 12-month Strip closed at $3.69, up 14 cents for the week. Calendars ’14, ’15 […]
2015-05-07T15:38:30-05:00August 27th, 2013|Market Watch|

NJ’s solar warfare rages on

By: Dave Neese |

Arabian Peninsula sheikhs don’t own the wind. And American oil industry fat cats don’t own the sun. So New Jersey’s aggressive push for renewable energy’s gotta be a win-win proposition. Right?

That’s a fiercely debated question, it turns out. And the debate pits two of the state’s behemoth business interests against […]

2015-05-07T15:38:30-05:00August 26th, 2013|New Jersey Market|

NJ Nuclear Reactor Back Up After Leak Repaired

The Nuclear Regulatory Commission says the spill was confined to the plant’s containment building and there was no threat to the public or workers

By: NBC10 |

A nuclear reactor in Salem County, New Jersey resumed operations Saturday after crews repaired a leak in the containment building that was discovered two days earlier.

Regulators say the […]

2015-05-07T15:38:30-05:00August 26th, 2013|Pennsylvania Market|