Newly Launched Affiliate Of Wholesale Power Marketer, Retail Natural Gas Supplier, Receives Texas REP Certificate

October 7, 2020

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Reporting by Paul Ring • ring@energychoicematters.com

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The Texas PUC granted Hybrid Power, LLC an Option 1 Texas retail electric provider certificate

As listed in its original application, the psychical address, phone number, and one of the websites listed for Hybrid Power, LLC are the same as those of Rainbow Energy Marketing Corporation, a wholesale power marketer, which is organized under the holding company United Energy Corporation

As stated in its original application with the PUC, the officers of Hybrid Power serve in similar positions at United Energy Corporation and/or Rainbow Energy Marketing Corporation. Loren Kopseng, CEO/President of United Energy Corporation, serves as Chairman of Hybrid Power, LLC

K. J. Coghlan serves as President, and Director of Retail Power, at Hybrid Power, according to its original application with the PUC

Hybrid Power received authority to collect deposits or advance payments from customers

United Energy Corporation currently operates several retail energy suppliers, and/or natural gas marketers serving large end users, including United Energy Trading, LLC, Rainbow Gas Company, and Peak Energy Ltd.

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