ECM, Energy Choice Matters

Informing the Industry on What Truly Matters
in Retail Energy

Sign InRegister

HomeMarch 24, 2016

Update: Texas REP Discloses Size of Acquired Book of Customer

Email This Story

Copyright 2016 EnergyChoiceMatters.com.

Now Power, a trade name of Brooklet Energy Distribution, has confirmed to EnergyChoiceMatters.com certain details of its acquisition of a book of customers from TruSmart Energy

EnergyChoiceMatters.com had first reported that TruSmart had reached an agreement for the sale of its prepay and weekly/biweekly product customer contract portfolio to Now Power

Now Power confirmed that such prepaid and weekly/biweekly customers only represent a portion of TruSmart’s book.

Now Power also told EnergyChoiceMatters.com that it acquired approximately 2,900 customers from TruSmart

TruSmart did not respond to requests for comment. It was unclear if TruSmart has sold (or is seeking to sell) any remaining customers to another REP, or if intends to maintain service to the remaining customers, or if the remaining book is small enough to be disposed of through natural attrition. As previously reported, on March 21, Staff of the Public Utility Commission of Texas (PUCT) filed a petition under Docket 45749 to revoke the retail electric provider (REP) certificate of TruSmart Energy, LLC (click here for details)

You can follow specific tags with a free account and see their newest stories in one place. Sign up or sign in.

Copyright 2016 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.

Energy Search PartnersEnd of Story BannerBefore NewNow 728 × 90New slot. Directly under the article text, at peak attention.

More News

Update: Texas REP Discloses Size of Acquired Book of Customer | EnergyChoiceMatters.com