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Another ESCO Withdraws Its Eligibility In New York

Counsel for Lexington Power & Light, LLC (Lexington), filed with the New York PSC a notice that, effective April 5, 2019, "Lexington formally withdraws from the NYS Retail Access Program, and terminates its eligibility to act as an Energy Service Company in New York."

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Passed New York Budget Includes Elimination Of Delivery Sales Tax Exemption For Customers Taking ESCO Service

Final Budget Expands Customers Able To Procure Electricity Through NYS Office Of General Services Program

A final New York budget agreed to by both New York Gov. Andrew Cuomo and legislative leaders, which has been passed by both Houses and delivered to the governor, eliminates the exemption from "sales" tax for deliveries of electricity and natural gas supply to customers of ESCOs.

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Retail Supplier Receives $5 Million Credit Facility

Greenlight Energy Corporation, retail energy provider serving natural gas and electricity markets in Maryland, New Jersey, Pennsylvania and New York, has entered into a $5,000,000 first lien credit and commodity supply facility with V3 Commodities Group Holdings, LLC

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New York State Assembly, Senate Budgets Would Eliminate Delivery Sales Tax Exemption For Customers Taking ESCO Service

Budget Proposals Would Expand Customers Able To Procure Electricity Through NYS Office Of General Services Program Bill Would Create Utility Consumer Advocate

The New York State Assembly and Senate have released budget resolutions which include elimination of a current exemption from "sales" tax for deliveries of electricity and natural gas supply to customers of ESCOs.

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Former Retail Supplier EVP Launching New Broker

Service King International Brokers LLC d/b/a SKI Brokerage, a start-up, is seeking broker or similar licenses in Pennsylvania, Illinois, Maryland, Massachusetts, New Jersey, Ohio, Maine, Delaware, and New Hampshire, and will broker in New York and Connecticut as well.

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New York Retail Energy News (Page 40) | EnergyChoiceMatters.com