Texas TDU Details Alleged Default Balances Owed By Retail Electric Provider

In a motion to intervene in a Texas PUC proceeding in which PUC Staff have petitioned for the revocation of the retail electric provider certificate of Axon Power & Gas, LLC, AEP Texas Inc. said that it had sent Axon Power & Gas, LLC a Notice of Default under the delivery tariff, and detailed the alleged charges owed to AEP Texas

PUC Staff's petition to revoke the REP certificate of Axon Power & Gas, LLC had been first exclusively reported by EnergyChoiceMatters.com (see the allegations prompting the petition to revoke here)

As previously reported, PUC Staff had said that, as of the date of the June 17 petition to revoke, Axon Power & Gas continues to provide retail electric service to customers.

In its motion to intervene, AEP Texas alleged, "Axon has a current balance of $132,982.53 in charges owed to AEP Texas - Central Division and $5,941.74 in charges owed to AEP Texas - North Division for service supplied under the respective tariffs of AEP Texas - Central and North Divisions. On May 17, 2019, AEP Texas sent Axon a Notice of Default pursuant to the notice requirements of Section 4.4.6 - Delinquent Payments of AEP Texas Company's Tariff for Retail Electric Delivery Services, notifying Axon of required deposits as follows: AEP Texas - Central Division requires a deposit of $132,763.39 and AEP Texas - North Division requires a deposit of $7,860.69, neither of which has been provided by Axon to date."