Advertisement
HomeCollectionsElectricity Market
IN THE NEWS

Electricity Market

FEATURED ARTICLES
BUSINESS
By Jamie Smith Hopkins, The Baltimore Sun | November 3, 2013
James Malaro Jr. bought electricity from a company other than his utility for the first time last fall. The deal quickly went bad. The Centreville man hadn't realized it, but the money-saving rate he'd been quoted was variable, not fixed. It more than doubled during the winter. As more customers and companies jump into Maryland's electricity-purchase market, reports of problems and outright scams are mounting. Maryland's Public Service Commission has seen a more than 50 percent spike in complaints about energy suppliers this year compared with all of last year, including so many about Starion Energy - the company that increased Malaro's rate - that it launched an investigation into the Connecticut firm.
ARTICLES BY DATE
BUSINESS
By Lorraine Mirabella, The Baltimore Sun | January 31, 2014
Clean Currents, a Silver Spring-based provider of renewable energy for residents and businesses, said Friday it has stopped serving customers after rising wholesale electricity prices in the recent cold snap caused the company to default on payments to its supplier, electricity grid operator PJM Interconnection. Customers, including 6,000 residential and 2,000 commercial, will not see interruptions in service, said Gary Skulnik, co-founder and president. Customers will be returned to their utility service effective immediately and will see the change reflected on one of the next two bills.
Advertisement
BUSINESS
By Shanon D. Murray and Shanon D. Murray,SUN STAFF | April 29, 2000
Constellation Energy Group, the parent of Baltimore Gas and Electric Co., reported yesterday that its first-quarter earnings dipped 13 percent below the first period last year -- a necessary part of the company's transition to a competitive electricity market in Maryland, the company's chairman said. Christian H. Poindexter, Constellation's chairman, president and chief executive, attributed the slide partly to power plant depreciation related to BGE's deregulation settlement agreement with the Maryland Public Service Commission, as well as expenses related to an early retirement plan offered to some workers.
BUSINESS
By Jamie Smith Hopkins, The Baltimore Sun | November 3, 2013
James Malaro Jr. bought electricity from a company other than his utility for the first time last fall. The deal quickly went bad. The Centreville man hadn't realized it, but the money-saving rate he'd been quoted was variable, not fixed. It more than doubled during the winter. As more customers and companies jump into Maryland's electricity-purchase market, reports of problems and outright scams are mounting. Maryland's Public Service Commission has seen a more than 50 percent spike in complaints about energy suppliers this year compared with all of last year, including so many about Starion Energy - the company that increased Malaro's rate - that it launched an investigation into the Connecticut firm.
BUSINESS
By Paul Adams and Paul Adams,Sun reporter | June 22, 2007
The wholesale electricity market that determines Mid-Atlantic power prices will be required to operate more in the open and submit to scrutiny from independent watchdogs under rules proposed by the Federal Energy Regulatory Commission yesterday. The changes being considered could have a direct impact on Maryland, where the Public Service Commission wants to probe whether certain wholesale market rules are hurting consumers. Baltimore Gas and Electric Co. customers were hit with a 50 percent rate increase this month that critics say is largely a result of deregulation rules that require utilities to buy power from wholesale suppliers.
NEWS
February 5, 2011
I am a planning analyst at BGE. In Thursday's State of the State Address, Gov. Martin O'Malley said, "There are some challenges so large we can only accomplish them together. Harnessing off-shore wind is one of them. Holding utilities accountable for reliable electric service is another. How long do you want to wait in the cold and dark for a deregulated market to solve these problems?" Deregulation of Maryland's electricity market took place in 1999 under a Democratic governor and Democratic General Assembly, but it did not change the fundamental nature of the electric delivery business (the "wires business")
BUSINESS
By Lorraine Mirabella, The Baltimore Sun | January 31, 2014
Clean Currents, a Silver Spring-based provider of renewable energy for residents and businesses, said Friday it has stopped serving customers after rising wholesale electricity prices in the recent cold snap caused the company to default on payments to its supplier, electricity grid operator PJM Interconnection. Customers, including 6,000 residential and 2,000 commercial, will not see interruptions in service, said Gary Skulnik, co-founder and president. Customers will be returned to their utility service effective immediately and will see the change reflected on one of the next two bills.
BUSINESS
Jamie Smith Hopkins | July 1, 2013
A new customer-satisfaction survey of residents using retail electricity providers ranks Constellation fourth of four in Maryland, its home base. J.D. Power and Associates says Dominion Energy Solutions received the highest marks from customers -- 648 on J.D. Power's 1,000-point scale -- with Washington Gas Energy Services (640) and Energy Plus (612) coming in second and third, respectively. Constellation trailed them with a 592 score. Customers also provided feedback about other companies but not in large enough numbers to rank, J.D. Power said.
BUSINESS
By Shanon D. Murray and Shanon D. Murray,SUN STAFF | June 18, 2000
A $5.6 million state advertising blitz in advance of the July 1 deregulation of electricity sales urges Marylanders, "You use it. Now, choose it." But customers ready to take the plunge will be hard put to pick a new supplier. Thus far, none of the seven power companies licensed by the Maryland Public Service Commission to sell electricity in the state have posted electricity rates. Although marketers have been allowed to solicit customers since April, Baltimore Gas and Electric Co. officials say they have yet to receive notification from power companies that any of BGE's 1 million residential customers have switched.
BUSINESS
By Lorraine Mirabella and Lorraine Mirabella,SUN STAFF | March 3, 2004
State lawmakers representing the Eastern Shore fear that residents' electricity rates could skyrocket this summer - as much as 35 percent - and want to impose rate limits to protect consumers as Maryland shifts to a competitive electric industry. Opponents - including the state's utilities and the chairman of the state Public Service Commission - say the proposal would hurt consumers in the long run by hindering the state's efforts to deregulate its electric industry. Del. D. Page Elmore, the Republican who chairs the Eastern Shore delegation, is proposing legislation that would prohibit utilities from raising rates by more than 10 percent a year over a four-year period after rate limits imposed in 2000 expire.
BUSINESS
Jamie Smith Hopkins | July 1, 2013
A new customer-satisfaction survey of residents using retail electricity providers ranks Constellation fourth of four in Maryland, its home base. J.D. Power and Associates says Dominion Energy Solutions received the highest marks from customers -- 648 on J.D. Power's 1,000-point scale -- with Washington Gas Energy Services (640) and Energy Plus (612) coming in second and third, respectively. Constellation trailed them with a 592 score. Customers also provided feedback about other companies but not in large enough numbers to rank, J.D. Power said.
BUSINESS
By Hanah Cho, The Baltimore Sun | April 27, 2012
While Constellation Energy Group has a new owner in Exelon Corp., 450 workers at three coal-fired plants once owned by the Baltimore company are in limbo. As a condition of its purchase of Constellation last month, the Chicago energy giant has committed to selling the Brandon Shores and H.A. Wagner plants in Anne Arundel County and the C.P. Crane plant in Baltimore County by the end of the year. The sale is not expected to be easy, because the economic prospects for coal plants have dimmed, given falling natural gas prices and stricter air-quality regulations due to come online over the next few years, analysts said.
BUSINESS
By Hanah Cho, The Baltimore Sun | November 3, 2011
A top Exelon Corp. executive said Thursday that separating Baltimore Gas and Electric Co. from parent Constellation Energy Group would be a "deal breaker" for the proposed $7.9 billion merger between the two energy giants. Exelon Chief Operating Officer Christopher M. Crane's remark came after two Maryland senators called on state energy regulators to order the spinoff of BGE into an independent, publicly traded company as a condition of merger approval. In a letter sent Thursday to the Maryland Public Service Commission — which has the power to veto the deal — Sens.
BUSINESS
By Hanah Cho, The Baltimore Sun | July 21, 2011
Maryland's ratepayer advocate is objecting to Exelon Corp.'s proposed buyout of Constellation Energy Group, telling federal regulators that the combined company would have too much control of electricity prices on the grid that serves much of the Mid-Atlantic region. The Maryland Office of People's Counsel, which represents state consumers in matters involving utilities, joined with its Pennsylvania counterpart this week to ask the Federal Energy Regulatory Commission to hold a hearing on the issue.
NEWS
February 12, 2011
In the past week, both Sun columnist Jay Hancock and state Senator James Rosapepe have used a deeply flawed premise to argue for a return to the days when Maryland consumers were captive to a monopoly utility ( "Misleading electric ads make case for reregulation," Feb. 6 and "Deregulation has made electricity less reliable," Feb. 7). Both fail to recognize the harm this would cause to the consumers they seek to protect. Approximately 179,800 residential customers of the state's largest utility are paying less for electricity, thanks largely to the significant savings offered by competitive energy marketers.
NEWS
February 5, 2011
I am a planning analyst at BGE. In Thursday's State of the State Address, Gov. Martin O'Malley said, "There are some challenges so large we can only accomplish them together. Harnessing off-shore wind is one of them. Holding utilities accountable for reliable electric service is another. How long do you want to wait in the cold and dark for a deregulated market to solve these problems?" Deregulation of Maryland's electricity market took place in 1999 under a Democratic governor and Democratic General Assembly, but it did not change the fundamental nature of the electric delivery business (the "wires business")
BUSINESS
January 14, 2010
BGE Home enters Maryland electricity market BGE Home, an unregulated company owned by Baltimore Gas & Electric parent Constellation Energy, has begun selling electricity for the first time to Central Maryland homes. BGE Home has offered residential deals on natural gas for years. Now the company is seizing on declining wholesale electricity prices to offer households a lower cost per kilowatt-hour than what BGE is charging, BGE Home officials said. BGE Home joins Washington Gas Energy Services and Dominion Retail in marketing alternative electricity deals locally.
BUSINESS
By Hanah Cho, The Baltimore Sun | July 21, 2011
Maryland's ratepayer advocate is objecting to Exelon Corp.'s proposed buyout of Constellation Energy Group, telling federal regulators that the combined company would have too much control of electricity prices on the grid that serves much of the Mid-Atlantic region. The Maryland Office of People's Counsel, which represents state consumers in matters involving utilities, joined with its Pennsylvania counterpart this week to ask the Federal Energy Regulatory Commission to hold a hearing on the issue.
BUSINESS
January 14, 2010
BGE Home enters Maryland electricity market BGE Home, an unregulated company owned by Baltimore Gas & Electric parent Constellation Energy, has begun selling electricity for the first time to Central Maryland homes. BGE Home has offered residential deals on natural gas for years. Now the company is seizing on declining wholesale electricity prices to offer households a lower cost per kilowatt-hour than what BGE is charging, BGE Home officials said. BGE Home joins Washington Gas Energy Services and Dominion Retail in marketing alternative electricity deals locally.
BUSINESS
January 14, 2010
BGE Home, an unregulated company owned by Baltimore Gas & Electric parent Constellation Energy, has begun selling electricity for the first time to Central Maryland homes. BGE Home has offered residential deals on natural gas for years. Now the company is seizing on declining wholesale electricity prices to offer households a lower cost per kilowatt-hour than what BGE is charging, BGE Home officials said. BGE Home joins Washington Gas Energy Services and Dominion Retail in marketing alternative electricity deals locally.
Baltimore Sun Articles
|
|
|
Please note the green-lined linked article text has been applied commercially without any involvement from our newsroom editors, reporters or any other editorial staff.