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AES NewEnergy Receives License to Sell Electricity in Oregon.


Business Editors/Energy Writers

SALEM, Ore.--(BUSINESS WIRE)--Jan. 16, 2002

AES NewEnergy, America's leading retail electricity provider, has received its certification as a scheduling Electricity Service Supplier (ESS) from the Public Utility Commission of Oregon. AES NewEnergy, a subsidiary of The AES Corporation (NYSE NYSE

See: New York Stock Exchange
:AES), is now able to begin selling electricity to businesses currently being served by Portland General Electric This article is not to be confused with PG&E, a San Francisco, California-based utility company
Portland General Electric (PGE) (NYSE: POR) is an electrical utility, formerly owned by the Houston-based Enron Corporation (but now independent), that distributes electricity to
 and PacifiCorp.

"We're very excited about achieving this milestone in Oregon," declared Aaron Thomas, Vice President of AES NewEnergy. "We are looking forward to offering businesses in Oregon the high quality of service enjoyed by our customers in California, 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
, Massachusetts, Illinois, and numerous other states."

AES NewEnergy was formed in 1995 to serve commercial and industrial customers in the emerging deregulated electricity industry, and is currently serving customers in 13 states. The company's national scope combined with their local knowledge means customers always deal with people who are not only intimately familiar with their own unique market, but are also able to draw on a larger pool of experience from around the country.

As Oregon moves toward deregulating de·reg·u·late  
tr.v. de·reg·u·lat·ed, de·reg·u·lat·ing, de·reg·u·lates
To free from regulation, especially to remove government regulations from: deregulate the airline industry.
 its electricity market, consumers can sign up with any competitive provider (ESS) that has received its certification from the Oregon 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). . Consumers can begin receiving service from their ESS beginning March 1 of this year -- a little over a month and a half away. AES NewEnergy will focus on serving commercial and industrial customers, as it has in other markets around the country.

"We look forward to working with the State and other participants as the market opens to ensure a smooth transition to a competitive market, and more importantly, to doing business here and becoming a part of the Oregon business community," Thomas concluded.

AES NewEnergy is America's leading retail electricity provider, serving commercial and industrial customers in California, Texas, Illinois, Ohio, Pennsylvania, Maryland, Delaware, New Jersey Delaware, New Jersey could refer to:
  • Delaware, Warren County, New Jersey
  • Delaware Township, Camden County, New Jersey was the name of Cherry Hill Township, New Jersey prior to November 7, 1961.
  • Delaware Township, Hunterdon County, New Jersey
, New York, 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.
, New Hampshire New Hampshire, one of the New England states of the NE United States. It is bordered by Massachusetts (S), Vermont, with the Connecticut R. forming the boundary (W), the Canadian province of Quebec (NW), and Maine and a short strip of the Atlantic Ocean (E).  and Maine. The company offers businesses energy-related products and services. AES NewEnergy is a subsidiary of The AES Corporation (NYSE:AES), a leading global power company composed of competitive generation, distribution and retail businesses around the world. More information on AES NewEnergy's products and services can be found at www.newenergy.com.
COPYRIGHT 2002 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jan 16, 2002
Words:369
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