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Subsidiary Of Gas Station Brand Owner Receives Texas Retail Provider Certificate
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The Texas PUC granted Metroplex Energy, Inc. an Option 1 Texas retail electric provider certificate
Metroplex Energy is an Atlanta-based wholesale fuel company that secures bulk fuel to supply rack sales and delivery of gasoline, diesel, and biofuel products by pipeline, rail, truck, barge, and vessel. Metroplex Energy's website indicates that it has facilities and/or offers services in the Houston and DFW areas
Metroplex Energy was created as a wholly-owned subsidiary of RaceTrac Petroleum, Inc., which operates (itself or through the Raceway brand operated by contractors) over 500 gas stations and convenience stores in the Southeast U.S., including Texas (with the Texas stations largely concentrated in the DFW area). Although RaceTrac is privately held, it is believed that Metroplex Energy remains a subsidiary of RaceTrac, based on testimony provided in the past 18 months as well as the apparent continued practice of shared executives, and language in recent RaceTrac job postings
In Metroplex Energy's REP application, Metroplex did not apply for the option of collecting deposits or advance payments from customers
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October 27, 2022
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Copyright 2010-21 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com
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