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NH Columnist: Electricity Market Is A Mess (Resident Power, PP&G Litigation)

March 24,2014



Writing in the Manchester Union Leader columnist Dave Solomon takes a look at New Hampshire's retail electric market, including the recent default of People's Power & Gas.

Solomon reports that aggregator Resident Power, "has sued the company [PP&G] and obtained a court order freezing customer payments held by PSNH and a bond held by ISO-NE." "Bart Fromuth, president of Resident Power, said he hasn't heard from PPG in months, despite repeated attempts and the lawsuit, filed on Feb. 4, seeking $70,000 for commissions owed and other damages," Solomon reports.

Check out more in the Union Leader



Tags:
New Hampshire   People's Power & Gas   Resident Power  

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