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• FEATURE
STORY: Prenova
seeking to serve multi-site chain stores
• Ending
default in Massachusetts leads to sticker shock
•
Detroit Ed develops new plan to kill Michigan
market
•
Neil Leibman isn't getting out of power
retailing
•
Texas shoppers have lots of choices and
prices to pick from
•
Direct Energy moving into commercial gas
sales in Ohio
Prenova
seeking to serve
multi-site chain stores
It’s
hard to be unique in the energy industry but Prenova comes close.
This firm has blended technical background
of facility energy management with the shopping expertise of a broker
to produce a service that saves multi-state, multi-site C&Is
money.
As the firm was forming in 2003 with
over $10 million in venture seed money, a group of executives from
diverse industries began to wonder what large power users needed
in managing their power use while leveraging the most of their physical
assets, CEO Ed Smith told us ...
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Ending
default in Massachusetts
leads to sticker shock
In
Massachusetts C&I customers have noticed the impact of market
pricing on their electric bills.
Some have decided to shop and others
are buying power from utilities at prices set in three-month blocks
but in both cases the feelings are similar.
"Customers are suffering from
extreme sticker shock," said Robert Schoenberger, CEO of Unitil
...
Detroit
Ed develops new plan
to kill Michigan market
Detroit
Edison's has a plan to unbundle generation, transmission and distribution
costs and thus end C&I subsidies of residential voters.
It's irritating old wounds too.
The plan -- ordered in November
by the Michigan PSC -- would cut business rates 15-25% and would
have residential customers pay rates closer to the IOU's cost
of serving them ...
Neil
Leibman isn't getting
out of power retailing
FPL
Energy wants the man who built Gexa Energy over the past three years
to make it into a national big brand organization going after medium-sized
power consumers.
In Texas he's specialized in apartment
complexes and smaller commercial accounts.
We mentioned the name of important
market leaders such as Constellation NewEnergy, Strategic Energy,
Direct Energy and Tractebel ...
Texas
shoppers have lots of choices
and prices to pick from
Though
fewer residential customers than C&Is are shopping for power in
Texas, they have plenty of choices and ample savings opportunities,
the PUC reported.
At five utilities with open markets,
residentials have at least seven and as any as 11 marketers -- including
utilities' affiliates -- offering nine to 14 products.
Some 85 marketers are licensed to sell
power in Texas with 55 actively serving
customers ...
Direct
Energy moving into commercial
gas
sales in Ohio
Direct
Energy is expanding its 170,000 residential and small business customer
list serving Ohio's gas market by moving into commercial sales.
New commercial customers -- more
than 17,000 so far -- range from mom-and-pops to multi-site manufacturers,
the Centrica subsidiary said, offering products like the Price Dropper
Plan where the price declines
in the second and third years.
Direct has been selling gas to Ohio
residential and small business customers for years, first under the
EnergyAmerica brand, concentrating its efforts at Dominion East Ohio
and Columbia Gas of Ohio where nearly half of all customers buy from
marketers ...
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