Retail Supplier To Pay $21,000 Under Settlement With Regulator's Staff

Prosecutorial Staff of the Connecticut PURA, the Connecticut Office of Consumer Counsel, and Think Energy have entered into a settlement agreement under which Think Energy would pay a civil penalty of twenty-one thousand dollars ($21,000) to resolve alleged violations related to Historical Variable Rate (HVR) reporting requirements

Prosecutorial Staff had alleged that Think had: (i) submitted inaccurate HVR data and (ii) has failed to submit HVR data in a timely basis on several occasions.

Think Energy issued the following statement concerning the settlement:

"While ENGIE Retail, LLC (d/b/a Think Energy) works to be fully compliant in all jurisdictions in which we sell electricity and natural gas, the Connecticut PURA prosecutorial unit identified a monthly report of variable rates for small commercial customers that was not filed for a period of time.

"Think Energy fully cooperated with the inquiry and the parties agreed to settle the matter, as outlined in the settlement agreement."

-- Think Energy statement

Think Energy will also institute a compliance plan related to HVR reporting

The Settlement Agreement does not represent an admission or concession by the Parties as to the claims, or facts and circumstances surrounding the claims, or proper disposition of any issue related to a December 10, 2019 Letter instituting the proceeding (see prior story) or the Settlement Agreement

Docket No. 11-10-14