Industry Group Withdraws Complaint Against Retail Supplier

The Connecticut Business & Industry Association has withdrawn its petition for the Connecticut PURA to investigate alleged possible unfair or deceptive trade practices by Mint Energy, as CBIA noted Mint stated that Mint will relinquish its license as part of its previously reported market exit

See background on CBIA's petition regarding Mint's trade practices here

On June 5, 2018, CBIA submitted correspondence said that it would withdraw its January 11, 2018 petition to investigate the business practices of Mint Energy, LLC, on the condition that Mint Energy verify through a filing to PURA that Mint Energy will no longer be entering into new supply contracts with Connecticut energy customers.

CBIA noted that, "On June 11, Mint Energy filed a correspondence with PURA confirming that it will no longer be entering into new supply contracts with Connecticut energy customers."

CBIA noted that, "Further, Mint Energy’s June 11 filing stated its intention to relinquish its electric supplier license once all of its retail customers have transferred to alternative retail electric supply. After it relinquishes its license, Mint Energy stated it will report its final intrastate gross revenues for 2018 and will pay any required assessments pursuant to Connecticut General Statutes section 16-49. Mint Energy stated it will also make the necessary Connecticut renewable portfolio standard filings and remain liable, pursuant to Connecticut General Statutes section 16-245a, for its total load obligations through the date the customer transfers are completed."

"Based on Mint Energy’s June 11 filing, CBIA hereby withdraws its January 11 petition requesting PURA to investigate the business practices of Mint Energy," CBIA said