Market Summary: 21 Oct – 25 Oct 2013

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

  • NYMEX futures had a notable dip early in the week, breaking below $3.60, before rebounding late in the week.  Near-term prices are in the middle of the recent range, with the 12-Month Strip at $3.86 (its range has been $3.60 to 4.10 […]
2015-05-07T15:37:44-05:00October 28th, 2013|Market Watch|

Didn’t pick electricity provider? Supplier may be picked for you

By: Andrew Maykuth |

The 3.6 million Pennsylvania utility customers who have not picked a competitive power supplier may have the decision taken out of their hands.

Legislation promoted by electricity marketing firms would eliminate the system in which incumbent utilities such as Peco Energy Co. provide default service for customers who don’t shop.

Under the proposed […]

2015-05-07T15:37:44-05:00October 28th, 2013|Pennsylvania Market|

Texas Regulators Support Mandatory Reserves for Power Market

By: Mark Chediak & Naureen S. Malik |

Texas regulators voiced support for requiring the state’s power companies to have access to extra electricity during times of peak demand, changes that may lead to additional payments for generators.

Public Utility Commission Chairman Donna Nelson and Commissioner Brandy Marty indicated a preference for mandating reserve margins at […]

2015-05-07T15:44:09-05:00October 28th, 2013|Texas Market|

Liberty Power Donates Wind-Generated RECs To Event In Texas

By: NAW |

Liberty Power, an independent retail electric supplier, has announced it will donate wind-generated renewable energy certificates (RECs) to match 100% of the estimated electricity consumption at the 2013 National Minority Supplier Development Council (NMSDC) Conference and Business Opportunity Fair.

The NMSDC Conference is scheduled to take place Oct. 27 through Oct. 30 […]

2015-05-07T15:37:44-05:00October 25th, 2013|Texas Market|