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AES NewEnergy Files for Certificate to Offer Retail Electric Service in Texas.


Business Editors & Energy Writers

AUSTIN, Texas--(BUSINESS WIRE)--Jan. 9, 2001

AES NewEnergy Inc., America's leading energy service provider, has requested certification to serve retail electric customers in Texas.

The company filed its application today with intentions of participating in the state's competitive retail electricity market beginning with the Pilot Program this year.

AES NewEnergy, which sells electricity to commercial and industrial customers in competitive electric markets, is already serving customers in Illinois, Ohio, Pennsylvania, New Jersey, Delaware, Maryland, New York Maryland is a town in Otsego County, New York, United States. The population was 1,920 at the 2000 census.

The Town of Maryland is on the county's south border, and was named for the U.S. state of the same name.
, Massachusetts, Rhode Island Rhode Island, island, United States
Rhode Island, island, 15 mi (24 km) long and 5 mi (8 km) wide, S R.I., at the entrance to Narragansett Bay. It is the largest island in the state, with steep cliffs and excellent beaches.
, California and Maine. The company, a subsidiary of The AES Corp. (NYSE NYSE

See: New York Stock Exchange
:AES), has been actively working with lawmakers and the Texas PUC (Public Utility Commission) A regulatory body in every state in the U.S. that governs public utilities within its jurisdiction such as electricity, gas, oil, sewer, water, transportation and telephone service. Some states call it the Public Service Commission (PSC).  in implementing the state's competitive market.

The Texas Electric Choice Program, which provides customers the "Power to Choose" their electricity supplier, opens a pilot program for customers on a limited basis starting June 1, 2001, prior to full implementation of retail competition starting Jan. 1, 2002.

"AES NewEnergy has been a leader in emerging deregulated electricity markets throughout the nation, and we are excited about bringing our experience to Texas consumers," said Amy Gasca, vice president of AES NewEnergy. "We have proven results in all states currently offering customer choice, providing customers significant energy savings and great customer service."

AES NewEnergy is America's leading energy service provider, with offices in Austin; Boston; Chicago; Columbus, Ohio Columbus is the capital and the largest city of the American state of Ohio. Named for explorer Christopher Columbus, the city was founded in 1812 at the confluence of the Scioto and Olentangy rivers, and assumed the functions of state capital in 1816. ; Houston; Los Angeles; New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
; Philadelphia; Tucson, Ariz.; and the San Francisco Bay Area “Bay Area” redirects here. For other uses, see Bay Area (disambiguation).

The San Francisco Bay Area, colloquially known as the Bay Area or The Bay
.

NewEnergy strives to help its customers increase their profitability through integrated, high-value energy solutions. Its services include electricity products, information services See Information Systems. , energy- efficiency services, site generation, energy-related equipment and supplies, and a telecom service offering.

A subsidiary of The AES Corp. (NYSE:AES), NewEnergy was formed in 1995 to serve customers nationwide in the emerging competitive retail electricity market. AES is a leading global power company composed of competitive generation, distribution and retail supply businesses in 18 countries. AES is dedicated to providing electricity worldwide in a socially responsible way.

More information on NewEnergy and its products and services is available at www.newenergy.com.
COPYRIGHT 2001 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Jan 9, 2001
Words:341
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