SFE Energy Ohio, Inc

About SFE Energy Ohio, Inc

SFE Energy Ohio, Inc. is a retail electricity and natural gas supplier certified by PUCO, operating under the Summitt Energy corporate family — a Canadian-headquartered energy retailer. The company offers fixed-price protection programs to residential and small commercial customers and is one of several U.S. state-level subsidiaries operated by SFE Energy, Inc. from its U.S. base in Pittsburgh, Pennsylvania.

Ownership timeline

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

1. 2006
   Summitt Energy Inc. founded in Mississauga, Ontario, Canada — the ultimate parent of SFE Energy Inc. [source]
2. July 30, 2013
   SFE Energy Ohio, Inc. incorporated as a foreign corporation with the Ohio Secretary of State (Entity No. 2218417) to supply electricity and natural gas in Ohio's deregulated market. [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
  February 26, 2021

  PUCO approved a stipulation (Case No. 20-1216-GE-COI) under which SFE Energy Ohio, Inc. and affiliate Statewise Energy Ohio, LLC collectively paid a $174,000 civil forfeiture to the state of Ohio, resolving a PUCO investigation into misleading and deceptive door-to-door sales practices including a June 2020 video showing a sales representative making false statements while not wearing required PPE. Under the settlement, both companies suspended all residential marketing and new customer enrollment in Ohio through March 15, 2021, terminated their hybrid/daily-rate plan product, and paid approximately $105,000 in re-rates and restitution to customers enrolled November 2019–June 26, 2020 who were charged more than the utility default rate. [source]

• regulatory
  January 11, 2024

  Maryland PSC approved a settlement (Case No. 9690) requiring SFE Energy to pay a $150,000 civil penalty and refund $400,000 to customers who were enrolled via door-to-door marketing, paid early termination fees, or received state utility bill assistance but were charged above the utility's default rate. The complaint arose from dozens of PSC customer complaints received from January 1, 2020 through September 30, 2022 alleging deceptive marketing, failure to comply with contracting requirements, and unauthorized customer enrollment. [source]

Rate history

SFE Energy Ohio, Inc's lowest fixed and variable rates over time, broken out by territory.