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National Gas Electric Texas Receives Texas Retail Electric Provider Certificate

November 6, 2020

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Copyright 2010-20 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com

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The Public Utility Commission of Texas granted National Gas Electric Texas, LLC an Option 1 retail electric provider certificate

As previously reported, W. Keith Maxwell III serves as CEO of National Gas & Electric Texas, LLC

Maxwell currently serves as Spark Energy's Chief Executive Officer. Maxwell also founded Spark Energy, and Spark Energy has noted in SEC filings that, "W. Keith Maxwell, III (our 'Founder') is the owner of a majority of the voting power of our [Spark's] common stock[.]"

Under its Texas REP certificate, National Gas & Electric Texas, LLC received authority for the option of collecting deposits or advance payments from customers

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