Cumberland County awarded South Jersey Energy, the marketingaffiliate of South Jersey Industries, a one-year gas supplycontract yesterday. A company spokesman said the contract was worth$500,000. South Jersey will supply gas to all municipal facilitiesand aims to save the county government 20% off its regular gasbill. The announcement marks South Jersey’s third contract with NewJersey county governments in the past 12 months. It also has supplydeals with Atlantic and Camden Counties.
Marketing
Articles from Marketing
CMS Scores 10-Year Prepaid Municipal Supply Deal
CMS Marketing, Services and Trading (CMS-MST), has jumped on thebandwagon of offering municipal customers prepaid gas supply totake advantage of low municipal bond interest rates.
CPUC Cites Dynegy; Urges FERC Keep Caps
Controversial arrangements between pipelines and marketers -similar to the one awarding Dynegy Marketing and Trade sole controlof 1.3 Bcf/d of the remaining unsubscribed capacity on El PasoNatural Gas – could proliferate if FERC should uncap prices in theshort-term capacity market without first ensuring that adequatesafeguards are in place for pipeline customers, Californiaregulators warned.
Columbia Inks Management Deal With Eckerd
Columbia Energy Services, the nonregulated gas and electricmarketing subsidiary of Columbia Energy Group, signed a deal Mondayto supply many of the Eckerd Corp.’s drugstores with gas andelectric management. No terms of the deal were released.
Aquila Energy Moving to Kansas City
Aquila Energy, UtiliCorp United’s main energy marketing arm,announced Wednesday it is moving from Omaha, NE, to Kansas City,MO.. The company will bring 405 employees to occupy 70,000 squarefeet on three floors of the Town Pavilion in downtown K.C.
CPUC’s Bilas: Capacity ‘Hoarding’ Takes Toll on Retail Competition
Retail gas unbundling in California is “currently beingundermined” by Dynegy Marketing and Trade’s withholding of asignificant portion of firm transportation capacity on El PasoNatural Gas from the market, the head of the California PublicUtilities Commission (CPUC) said last week. As a remedy, CPUCPresident Richard A. Bilas called on FERC to implement regulationsprohibiting the “hoarding” of pipeline capacity and to investigateallegations of anticompetitive conduct, which he contends wasevident in the Dynegy-El Paso arrangement.
CPUC’s Bilas: Capacity ‘Hoarding’ Slows Competition
Retail unbundling in the California natural gas market is”currently being undermined” by Dynegy Marketing and Trade’swithholding of firm transportation capacity on El Paso Natural Gas,the head of the California Public Utilities Commission (CPUC) saidThursday. As a remedy, CPUC President Richard A. Bilas called onFERC to implement regulations prohibiting the “hoarding” ofpipeline capacity and to investigate allegations of anticompetitiveconduct, which he contends was prevalent in the Dynegy-El Pasocontract arrangement.
Columbia Found to be Misleading in Michcon Pilot Program
Columbia Energy took a hit Wednesday as the Michigan AttorneyGeneral stepped in to halt one of Columbia’s marketing efforts. Dueto an objection by the Attorney General over the wording in a mailsolicitation sent to Michcon pilot program customers, Columbia hasconsented to end the solicitation and offer any customer it hassigned to an out. Currently, Columbia has signed 12,200 customersaway from Michcon.
Sempra Inks Optimization Deal with Connecticut Gas
Significantly increasing its presence in the Northeast, SempraEnergy’s marketing arm, Sempra Energy Trading, agreed Thursday tomanage the supply and delivery of gas to serve Southern ConnecticutGas Co.’s 158,000 customers. Terms of the one-year agreement werenot disclosed. Sempra will begin April 1.
Columbia, Amway Target Georgia
With its California power marketing arrangement with Enron nowhistory, Amway Corp. has hooked up with Columbia Energy, asubsidiary of Columbia Energy Group, to market gas and electricityto residential and small business users, first in Georgia and thennationwide.