Multi-State Retail Supplier Dropping Customers To Default Service, Ceasing Supply Service

East Coast Power & Gas, LLC ("ECPG") and East Coast Power & Gas of New Jersey, LLC ("ECPG NJ") (collectively, the "Company") have informed brokers that the Company, "has decided to cease supply service of electricity and natural gas in New York, New Jersey, and Delaware, as early as June, 2020."

The Company informed brokers that, "Please know that our decision to cease supply service to customers has not been made lightly and came, in part, as a result of the impact of COVID-19 to our industry. The unprecedented changes caused by the pandemic have made it very difficult to continue supplying service."

The Company informed brokers that brokers may wish to switch their ECPG customers to another supplier before the drop to SOS.

The Company informed brokers that, "Whether accounts are on fixed or variable rate agreements, transferring your customers to an alternative supplier will not constitute a waiver of any amounts owed to ECPG by the customer for electric or gas service through the date of their drop by ECPG, but ECPG will waive early termination fees pursuant to the Customer."