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SmartestEnergy, U.K. Retail Supplier Newly Entering U.S., Receives License In New State
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The Pennsylvania PUC granted SmartestEnergy US LLC, a U.K. retail energy supplier newly entering the U.S. market, an electric supplier license to serve residential, small commercial (25 kW and under demand), large commercial (over 25 kW demand), industrial, and governmental customers in the electric distribution company service territories of Duquesne Light Company, Metropolitan Edison Company, PECO Energy Company, Pennsylvania Electric Company, Pennsylvania Power Company, PPL Electric Utilities Corporation, and West Penn Power Company
In the U.K., SmartestEnergy affiliates offer retail electricity supply to businesses as well as wholesale procurement and trading services. It also offers demand response, peak load management, and electricity storage. SmartestEnergy also offers various services to generators including asset optimization. In the U.K., SmartestEnergy supplies about 8 TWh to over approximately 2,500 C&I customers across 11,000 sites
SmartestEnergy's entry into the U.S. had been exclusively first reported by EnergyChoiceMatters.com last year (story here)
As previously reported, SmartestEnergy is ultimately a subsidiary of the Marubeni Corporation, a major Japanese integrated trading and investment business conglomerate
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January 16, 2020
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Copyright 2010-20 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com
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