Public Power LLC

About Public Power LLC

Public Power, LLC is a competitive retail electricity supplier operating in deregulated markets. It became a Crius Energy subsidiary around 2012/2013, and is now a Vistra Corp retail brand following Vistra's July 2019 acquisition of Crius Energy Trust.

Ownership timeline

Documented corporate events. Each entry links to a primary source.

1. 2007-09-17
   Connecticut electric supplier license granted to Public Power, LLC under PURA Docket No. 07-06-07 (a near-primary anchor for the founding period; multiple secondary sources cite a 2008 founding date). [source]
2. 2012-09-18
   Regional Energy Holdings, Inc. combined with Public Power LLC to form Crius Energy LLC, with Crius taking majority interests in both. Public Power's controlling shareholder Robert Gries became chairman of Crius Energy Administrator Inc. [source]
3. 2019-07-15
   Vistra Energy completed its acquisition of Crius Energy Trust; Public Power became a Vistra retail brand. [source]

Track record

Documented regulatory actions, litigation outcomes, and major corporate events. Each entry is sourced. Pending matters and unresolved allegations are not listed.

• regulatory
  2016

  Pennsylvania PUC approved a settlement with Public Power, LLC: $72,500 civil penalty plus customer refunds. The Bureau of Investigation & Enforcement found 119 instances between January and April 2014 in which Public Power did not honor a '15% Price Protection Plan' for variable-rate customers, resulting in overbilling. [source]

• regulatory
  2022-07

  Connecticut Attorney General and PURA reached a $3 million settlement with Public Power and affiliates over failure to publish 'next cycle rate' information that denied customers the chance to switch suppliers before rate increases. Public Power, Viridian, CT Gas & Electric, and Energy Rewards permanently exited the Connecticut electric supplier market as part of the settlement. [source]

Rate history

Public Power LLC's lowest fixed and variable rates over time, broken out by territory.