Texas Retail Vets Returning To ERCOT Market With New REP

Capital Energy PA LLC applied for an Option 1 Texas retail electric provider certificate

As exclusively first reported by EnergyChoiceMatters.com a year ago, Capital Energy PA LLC, which is active in several Northeast retail energy markets under its Sunrise Power and Gas brand, was previously acquired by a holding company led by several Texas retail market veterans

Specifically, leadership of Capital Energy PA LLC since last year's ownership change now includes:

• Neville Ravji - CEO

• Mohsin Hassan - COO

• C. Gibson - Sr. Vice Pres.

• Tanveer Sayani - Vice President

All of these officers previously served in similar roles at Discount Power (Texas) and/or its holding company Volterra Energy Holdings LLC. As previously reported, NRG acquired the customers of Discount Power and related brands, as well as certain brand assets, in 2018.

In its Texas REP application, Capital Energy PA LLC sought to use the trade names Sunrise Power & Gas Texas, Value Power, Value Energy

An existing, unrelated Texas retail electric provider owned by Vistra is currently certificated under the name Value Based Brands LLC

In its Texas REP application, Capital Energy PA LLC sought authority to have the option of collecting deposits or advance payments from customers