Texas PUC Revokes Registration Of Electricity Broker

Through a default order, the Public Utility Commission of Texas issued an order revoking the electricity broker registration of RES Nation, LLC, granting a petition from PUC Staff

Staff had alleged that RES Nation, LLC failed to respond to informal complaints in the timeline required by rule, and failed to update the PUC concerning the termination of its registration to conduct business in Texas at the Texas Secretary of State. Specifically, Staff alleged that RES had filed a certificate of termination at the Texas Secretary of State which had the effect of voluntarily terminating RES's registration to conduct business in Texas

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RES Nation, LLC did not submit any response to a Notice of Violation issued by the PUC

Given this lack of response, the PUC granted Staff's motion for a default order, and revoked RES Nation, LLC's Texas broker registration

The revocation is believed to be the first revocation of a broker registration in Texas

Docket 52992