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October 20, 2021
The Public Utilities Commission of Ohio adopted without modification a settlement among PALMco Power OH, LLC and PALMco Energy OH, LLC (PALMco), Staff of the Public Utilities Commission of Ohio, and the Office of the Ohio Consumers' Counsel under which PALMco will provide up to $215,000 in further…
September 22, 2021
PALMco Power OH, LLC and PALMco Energy OH, LLC (PALMco) have entered into a settlement with Staff of the Public Utilities Commission of Ohio and the Office of the Ohio Consumers' Counsel under which PALMco would provide up to $215,000 in further re-rates to customers, and forego collection of over…
November 2, 2020
PALMco Energy PA L.L.C. (Defendant) has entered into a settlement agreement in a putative class action complaint before a federal court, under which PALMco would contribute $1 million to a settlement fund
May 8, 2020
Consumer Counsel Seeks Sanctions Against Retail Supplier
Palmco Energy and Palmco Power have filed a complaint with the Supreme Court of Ohio seeking a writ of prohibition against the Public Utilities Commission of Ohio, as Palmco alleges that PUCO exceeded its authority in opening a second investigation of Palmco and that PUCO lacks jurisdiction to…
May 5, 2020
The Delegated Commissioner of the Massachusetts Department of Public Utilities has issued a Notice of Probable Violation (NOPV) to Palmco Power MA, LLC d/b/a Indra Energy, alleging, among other things, that Indra Energy, "has obstructed the Department’s review of a consumer complaint," and "provided…
March 11, 2020
Staff Seeking Up To $10 Million Forfeiture
The Public Utilities Commission of Ohio has opened a second investigation of PALMco Energy OH, LLC d/b/a Indra Energy and PALMco Power OH, LLC d/b/a Indra Energy.
March 11, 2020
PALMco Power OH, LLC, d/b/a Indra Energy and PALMco Energy OH, LLC d/b/a Indra Energy said in a filing at the Public Utilities Commission of Ohio that a sale of its Ohio book, contemplated as a means to exit the Ohio market per a previously reported settlement agreement, did not occur.
January 22, 2020
The Public Utilities Commission of Ohio approved without modification a settlement among PALMco Power OH, LLC d/b/a Indra Energy (PALMco Power) and PALMco Energy Ohio, LLC d/b/a Indra Energy (PALMco Energy) (collectively PALMco) and PUCO Staff under which PALMco is to sell its Ohio book of customers…
January 2, 2020
PALMco Power OH and PALMco Energy Ohio (collectively, "PALMco") filed a response to a second notice of probable non-compliance recently issued by Staff of the Public Utilities Commission of Ohio, under which PUCO Staff, among other things, recommended that PALMco should immediately re-rate, to the…
December 16, 2019
Staff of the Public Utilities Commission of Ohio have issued a new notice of probable non-compliance to PALMco Power OH, LLC, d/b/a Indra Energy and PALMco Energy OH, LLC d/b/a Indra Energy (collectively, PALMco) under which Staff is seeking a forfeiture of up to $10.2 million due to alleged…
September 16, 2019
Adam Bashe today submitted a resignation from his role as Global Chief Marketing & Sales Officer at Palmco/Indra Energy
September 5, 2019
OCC Seeks Immediate Return Of Customers To Default Service
The Office of the Ohio Consumers’ Counsel submitted testimony to the Public Utilities Commission of Ohio opposing a proposed settlement between the PALMco Power companies (Indra Energy) and PUCO Staff under which, among other things, PALMco would sell its Ohio book of customers and cease operating…
August 1, 2019
PALMco Power OH, LLC d/b/a Indra Energy (PALMco Power) and PALMco Energy Ohio, LLC d/b/a Indra Energy (PALMco Energy) (collectively PALMco) would sell its Ohio book of customers and cease operating in the state under a stipulation with Staff of the Public Utilities Commission of Ohio to resolve…
May 8, 2019
In seeking stay of a procedural schedule in a Public Utilities Commission of Ohio investigation proceeding, Verde Energy USA Ohio, LLC stated that it has voluntarily agreed to immediately take steps to cease marketing retail electricity and gas to Ohio residents and cease enrolling new retail…
April 24, 2019
In substantially similar motions to intervene in recently opened and separate PUCO investigations of PALMco Power OH, LLC d/b/a Indra Energy (PALMco) and Verde Energy USA Ohio, LLC the Office of the Ohio Consumers’ Counsel requested that the Public Utility Commission of Ohio suspend or rescind each…
April 17, 2019
The Public Utilities Commission of Ohio opened an investigation of PALMco Power OH, LLC d/b/a Indra Energy (PALMco) after Staff of the Public Utilities Commission of Ohio alleged that PALMco has engaged in misleading and deceptive practices.
July 9, 2018
PALMco Energy has named Jeremy Schupp as Chief Operating Officer.
May 9, 2018
PALMco Power OH, LLC informed the Public Utilities Commission of Ohio that it had registered a new fictitious name: Indra Energy
March 12, 2018
Energy Marketing Conferences will gather retail energy executives and thought leaders on March 14 in Houston for the 9th Energy Marketing Conference to discuss a variety of pressing issues facing the industry, including M&A climate, customer acquisition and engagement, channel partnerships, risk…
May 3, 2017
PALMco Energy announced its first international expansion with the introduction of electricity supply services into the Japanese energy market. The service will be provided by Family Energy, GK, an affiliate of PALMco Energy.
March 10, 2017
The Connecticut PURA, in ruling on a motion, rejected a $5 million settlement between Palmco Power CT, LLC and the Connecticut Attorney General and Consumer Counsel as resolving a PURA investigation into Palmco, with PURA stating that, "it is important for dispositive conclusions and findings to be…
February 24, 2017
Palmco Power CT, LLC has entered into a settlement with the Connecticut Attorney General and Consumer Counsel under which it is returning all of its remaining Connecticut electricity customers to default service, and is making a voluntary $5 million donation and contribution to the State of…
February 22, 2017
The Connecticut PURA has sought further comment on proposed marketing standards for electricity supply service.
September 29, 2016
Freedom Logistics Receives License In New State
September 22, 2016
Josco Energy Receives Supplier Licenses In New States
