AEP Retail Supplier To Engage In Energy Brokering

AEP Energy, Inc., AEP's competitive retail energy supplier, has applied for an Illinois electric agent, broker, and consultant license.

In its Illinois application, AEP Energy, Inc. stated, "Applicant is a retail electric and gas supplier in Illinois and other jurisdictions. For purposes of this Petition, AEP Energy intends to provide Energy Brokerage Services for the procuring of energy supply on behalf of commercial and industrial customers."

AEP Energy, Inc. marks the latest retail supplier (or in other cases, parent of a supplier) that has formed or acquired a broker or energy procurement consultant in recent months

As exclusively reported by EnergyChoiceMatters.com(story here), Exelon has launched a new business venture, Breakerbox, LLC, to provide energy consulting services to commercial and industrial customers.

As previously reported, NextEra Energy has acquired brokers including Usource and Premier Power Solutions

As first reported by EnergyChoiceMatters.com, Vistra Energy (parent of TXU, Dynegy, etc.) is the ultimate parent of formed broker-consultant EnergyBot (Blitz Ventures) which was formed in late 2017