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Mitsubishi Retail Energy Suppliers Withdraw Supplier Licenses

May 24, 2023

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Copyright 2010-23 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com

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Various Diamond Energy retail energy supplier entities have voluntarily relinquished their retail electric supplier licenses (or equivalent) in several states

Mitsubishi Corporation is the ultimate parent of the Diamond Energy retail electric supplier entities

In each instance, the Diamond Energy retail supplier stated that it had not commenced operations and had never served retail customers

In Texas, Diamond Energy TX, LLC filed to relinquish its Option 1 Texas REP certificate

"Diamond Energy TX, LLC no longer intends to commence operations as a REP. Diamond Energy TX, LLC has not begun operations and has no customers," Diamond Energy TX, LLC said in the filing

In Ohio, Diamond Energy East, LLC filed to relinquish its electric supplier license

Diamond Energy East, LLC, as well as entity Diamond Retail Energy, LLC, each filed to relinquish its respective FERC market-based rate authority

Diamond Energy's website, diamondenergy.com, also does not appear to be operational at this time

Diamond Energy is licensed as a supplier in several other jurisdictions, including but not limited to Pennsylvania and the District of Columbia, and, based on public filings to date, has not yet filed to relinquish its certificates in such jurisdictions.

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