HomeOctober 5, 2012
Texas Commission Revokes Retail Electric Provider's Certificate
Copyright 2012 EnergyChoiceMatters.com.
The Public Utility Commission of Texas revoked the certificate of TexRep7, LLC d/b/a Saturn Power, LLC in a default order.
As previously reported, TexRep7 defaulted under its Standard Form Market Participant Agreement with ERCOT in June, which prompted a mass transition event.
TexRep7 was serving only a single ESI ID at that time. The size of the associated load was approximately 0.039 MWhs per day.
Due to the default, Staff of the Public Utility Commission of Texas filed a petition to revoke the TexRep7 certificate, and TexRep7 did not respond to the petition or request a hearing
The Commission on October 4 entered a default order granting Staff's petition and revoking the TexRep7 certificate.
You can follow specific tags with a free account and see their newest stories in one place. Sign up or sign in.
Copyright 2012 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.
