Start-up Retail Supplier Receives Finding That Initial New York ESCO Eligibility Requirements Have Been Met

New York Department of Public Service Staff have informed Pivot Point Energy Group, LLC that all requirements for Pivot Point's initial state of its eligibility determination as an ESCO have been satisfied

Pivot Point Energy Group, LLC had sought authorization to serve a renewable electric renewable product to residential and small non-residential (mass market) electric customers, as well as serving large commercial and industrial electric and natural gas customers.

At the time of its initial filing in December 2022, Pivot Point Energy Group, LLC stated that it is wholly owned by TKJ Holdings LLC. Joseph Graham, CEO of Pivot Point Energy Group, ultimately owns 100% of TKJ Holdings.

New York DPS Staff advised Pivot Point LLC that, with the initial eligibility now satisfied, "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."

Staff further noted, "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."