January 2001 - As a result of sharp increases in wholesale power costs triggered by higher natural gas prices, some alternative providers, including those that have offered clean or green power options, are exiting retail power markets in several Northeast and Mid-Atlantic states. According to an article in the Asbury Park Press, AES Power Direct became the latest marketer to announce that it will return its customers to their default suppliers. The company will turn back more than 15,000 customers in New Jersey, including those that were purchasing its environmentally friendly power offering. The company is also no longer accepting new customers in Pennsylvania.
Utility.com is another casualty of "soaring wholesale rates," according to a recent article in the Pittsburgh Post-Gazette. The company has informed its 30,000 Pennsylvania customers that they must select an alternative provider or be returned to their default supplier. Utility.com is also returning customers in other parts of the country, including California, where it was supplying green power.
Prior to these most recent announcements, Conectiv Energy had ceased its retail marketing activities in Pennsylvania and New Jersey, where the company was offering both conventional and green power products.
News Article - New Jersey Alternative Energy Supplier to Leave State - No longer online at app.com
News Article - Utility.Com Plans to Disconnect 30,000 Pennsylvania Electric Customers - No longer online
July 2000 - On June 30th, President Clinton signed into law the Electronic Signatures in Global and National Commerce Act, which gives legal status to electronic signatures and electronic contracts. The federal law is expected to obsolete state-imposed "wet signature" rules that have made it difficult for alternative marketers to sign up customers directly over the Internet. The bill signing prompted GreenMountain.com and Utility.com—two companies that rely on the Internet to market clean electricity products—to issue statements commending the new law.
News Release - Eliminating Barriers to Electronic Commerce While Protecting Consumers: The Electronic Signatures in Global and National Commerce Act - No longer online at whitehouse.gov
News Release - Greenmountain.Com Says New E-Sign Law Will Empower Energy Customers - No longer online at greenmountain.gov
News Release - Utility.com Applauds 'E-Signature' Law - No longer online at utility.com
March 2000 - The Center for Resource Solutions announced that Utility.com, a web-based marketer of utility services, is the latest company to receive Green-e certification for its "green power" product. Utility.com is offering GreenPlanet, a 100% renewable energy product, to residential customers in California at a price 20% below the default utility rate. The company is also registered to provide energy services in Massachusetts, Nevada, and Pennsylvania but at this time is only offering a green power product in California.
Green-e currently certifies five residential power products and 12 business power products for the California market.
News Release - Green-e Certifies Utility.com's GreenPlanet
CRS Contact: Meredith Wingate (415) 561-2100