Start-Up, Technology-Focused REP GridPlus Tells Texas PUC That It Does Not Plan To Offer Customer-to-Customer Sales Of Electricity In Texas In The Near Future

GridPlus Texas Inc., a start-up which is seeking a Texas retail electric provider certificate, said in response to a request for information from Texas PUC Staff that GridPlus does not plan to offer or facilitate customer-to-customer sales of electricity in Texas in the near future.

See background on GridPlus in our prior stories here:

• Start-up Launching Blockchain-Based Retail Electric Service Taps Retail Market Vet For Leadership, Applies For Texas REP Certificate

• Texas Consumer Advocates Raise Concerns With Retail Provider Application Of Grid+, And Its Cryptocurrency, Prepaid Service

In response to a PUCT Staff RFI, GridPlus stated, "GridPlus does not plan to offer or facilitate customer-to-customer sales of electricity in Texas in the near future."

Staff's RFI has noted that, "Under PURA § 39.352(a), a person may not provide retail electric service unless the person is certified as a REP. How do the customer-to-customer sales mentioned in the 'White Paper' at p24 (located at http://gridplusio/assets/Gridwhitepaper.pdf) (referred to as 'peer-to-peer' sales) comport with the statutory requirement that retail electric sales be limited to certified REPs?"

Also in response to a Staff RFI, GridPlus responded to Staff that, "GridPlus does not plan to offer prepaid service in Texas in the near future. If GridPlus were to offer prepaid service in Texas, GridPlus would first file with the Commission a notice of its intent to provide prepaid service in accordance with 16 TAC § 25.498(c)(1), and GridPlus would also comply with all other applicable laws, rules, and regulations pertaining to prepaid service."