Start-up Natural Gas Supplier Expanding To Retail Electricity

Bolt Energy, LLC, which entered several retail natural gas markets last year, is expanding to retail electricity sales

Bolt Energy, LLC has applied for FERC electricity market-based rate authority

In doing so, Bolt Energy stated that it will be, "seeking authorization to operate as a Power Broker, Power Marketer and Aggregator in the State of Ohio."

Bolt Energy further stated, "The Applicant is seeking expedited treatment so that, as soon as possible, the Applicant may qualify to transact business as a retail supplier of electricity in certain regional transmission organization service areas and state jurisdictions where authorization to undertake wholesale sales of electricity may be a condition to conducting such retail electricity sales."

Bolt Energy's formation and natural gas market entry had been exclusively first reported by EnergyChoiceMatters.com last year. See background on the company here

Bolt Energy is licensed as a natural gas supplier in Ohio and Illinois