Texas Retail Supplier, Previously Subject To Default, Completes Payments To Three TDUs, Engaged In Further Discussions On Market Re-entry
May 18, 2020 Email This Story Copyright 2010-20 EnergyChoiceMatters.com
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Retail electric provider Axon Power & Gas, LLC, which has been subject to default under a TDU tariff, said in a status update with the Texas PUC that Axon, "has completed payment to three of the four TDUs."
As previously reported, Axon said that it has been in discussions with PUC Staff to address outstanding issues and re-enter the market
In an update, Axon stated, "Axon and Staff have continued their discussions about operational and management
changes to Axon and administrative penalties and, since the last status report, have reached the
point where those discussions have resulted in a draft document formalizing Axon's
commitment to certain conditions required for market reentry."
Axon requested a further abatement of the Staff revocation petition, and, as it has done previously, Axon represented that it currently has no customers and will take no action
to enroll any new customers while the proceeding is abated.