En-Powered Receives Finding That Initial New York ESCO Eligibility Requirements Have Been Met

New York Department of Public Service Staff have informed En-Powered Inc. d/b/a EnPowered USA Inc. that all requirements for its initial state of its eligibility determination as an ESCO have been satisfied.

As previously reported, EnPowered is currently licensed as a retail electric supplier in Ohio and various Canadian markets. See more background on the company's entry into New York here

In a letter to the company, DPS Staff stated, "Please be advised that you may now continue with the utility approval state of the eligibility process by contacting those companies in whose service territories you intend to participate. The utility stage normally consists of a creditworthiness determination, completion of EDI Phase III Testing and the execution of any operating or billing service agreements. Each utility’s eligibility requirements pertain to only their retail access programs."

"Once you have satisfactorily completed the utility eligibility stage, Staff will be notified by the utility of your success. Please notify Staff of the actual production date in the utility service territories you intend to enroll customers. At that point Staff will confirm your final eligibility requirements have been satisfied," Staff stated

Staff noted that EnPowered filed a Retail Access Application Package to become an Energy Services Company (ESCO) serving a Variable Guaranteed Savings Product to residential and non-residential electric customers