|
|
|
|
|
Palmco Seeks Rehearing Of Denial Of Ohio License Applications, Calls Decision Inconsistent With Other Recent License Grant
The following story is brought free of charge to readers by VertexOne, the exclusive EDI provider of EnergyChoiceMatters.com
PALMco Energy OH, LLC and PALMco Power OH, LLC ("Palmco") have sought rehearing of the PUC of Ohio's recent decision denying applications from Palcmo for retail electric and gas supplier and broker licenses
As previously reported, PUCO had found that, "Applicant [Palmco] is not managerially fit and capable of performing as either a CRES [competitive retail electric service] or a CRNGS [competitive retail natural gas] marketer and broker to large commercial and industrial customers in Ohio in compliance with all applicable regulations adopted pursuant to R.C. Chapters 4928 and 4929."
Palmco had exited the Ohio market and was subject to certain stay-out provisions under two settlements to resolve alleged marketing violations. One of the stay-out provisions allows, after July 31, 2024, Palmco to file an application to provide retail supplier service to only large C&I customers
See full background here
Palmco in the new applications for Ohio licenses had sought to serve only large commercial and industrial customers. Palmco's applications were for certification as both a "marketer" (supplier) and "broker"
Palmco called PUCO's denial inconsistent with the prior grant of a CRES and CRNGS license to CGE Renewables LLC, which was limited to large commercial, industrial, and mercantile customers. CGE Renewables is affiliated with Palmco and has "identical ownership structure".
The CGE Renewables licenses were limited to broker services
PUCO Staff had recommended that the Palmco applications be approved, limited to large C&I service
Palmco said that, in denying the Palmco applications, "the Commission wholly ignored the fact that it approved Applications more than a year ago filed by an entity [CGE Renewables] with the identical ownership structure and identical enforcement action history that would be providing service to an identical class of customers."
Palmco also said that PUCO's order disregarded a 90-day statutory deadline for rendering a decision on an application, and that, per statute, Palmco's applications were approved by operation of law as of April 17, 2026.
"The statutes at issue provide a ninety-day deadline, and the Commission exceeded it by eighty three (83) days," Palmco said
While PUCO had suspended an automatic approval process, Palmco said that such suspension requires that PUCO issue an order within 90 days of the suspension
"Because the automatic approval process was merely suspended during the statutory deadline, the Applications were automatically approved once the timeline expired and the Commission failed to issue its order as required. As the Ohio Supreme Court has made clear, the Commission is not permitted to defy deadlines that have been provided by the legislature," Palmco said
Palmco provided the following statement concerning the matter: "We look forward to the consideration of our appeal by the PUCO. As this matter remains pending, we have no additional comment at this time."
Palmco uses the trade name Indra Energy
Case 10-138-GA-CRS, 10-139-EL-CRS
ADVERTISEMENT Copyright 2026 EnergyChoiceMatters.com. Unauthorized copying, retransmission, or republication
prohibited. You are not permitted to copy any work or text of EnergyChoiceMatters.com without the separate and express written consent of EnergyChoiceMatters.com
August 10, 2026
Email This Story
Copyright 2026 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com
NEW Jobs on RetailEnergyJobs.com:
• NEW -- Enrollment & Rate Management Director - Retail Supplier
• NEW -- Strategic Sales Channels Manager - Retail Supplier
• NEW -- Controller - Retail Provider
• NEW -- Manager, Product I - VXRetail (Retail Energy)
• Refreshed 5/27/26 -- Manager, ISO Coordination (electricity), Retail Supplier
|
|
|
|
|