Pennsylvania Gas & Electric Welcomes Proposed Changes to Improve Competitive Market

By: Pennsylvania Gas & Electric |

Pennsylvania Gas & Electric (“PAG&E”), a U.S. Gas & Electric company, today applauded the Pennsylvania Public Utility Commission (PUC) for its efforts to strengthen electric customer disclosure requirements and to reduce the time it takes for consumers to change electricity suppliers.

“These are important changes that, combined, are a step […]

2015-05-07T15:35:51-05:00March 21st, 2014|Pennsylvania Market|

New England’s wholesale electric prices soared by 55 percent last year

By: Jon Chesto |

If New England’s governors wanted something to help buttress their case for an unprecedented new electricity tariff, ISO New England just gave it to them.

The Holyoke-based grid operator reported today that the volatile natural gas market in this region pushed wholesale electric prices up by 55 percent last year. We’re […]

PUC wants speedier process for switching electricity suppliers

By: Scott Kraus |

Responding to consumer outrage over winter electricity rate spikes, and beating state lawmakers to the punch, regulators plan to make electric utilities dramatically shorten the time it takes for customers to switch from one supplier to another.

The Pennsylvania Public Utility Commission has drafted new regulations that would require utilities such […]

2015-05-07T15:35:51-05:00March 19th, 2014|Pennsylvania Market|

Con Ed ups its energy-saving incentives

By: Daniel Geiger |

Con Edison is sweetening by 60% the pot of incentives that it will offer to major landlords who cut their electrical energy consumption during peak hours in the summer, an increase that the energy utility and services company is calling unprecedented.

The added incentive will be made in a host of programs […]

2015-05-07T15:35:51-05:00March 18th, 2014|New York Market|

Market Summary: 10 Mar – 14 Mar 2014

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

  • The near-term markets were much less volatile last week–ignoring key fundamentals (weather & storage)–and closed down for the second week in a row. Conversely, there was increasing strength further out on the pricing curve–with Cal’17 up 5 cents, Cal ’18 up 9 […]
2015-05-07T15:35:51-05:00March 17th, 2014|Market Watch|