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CenterPoint Intervenes in dPi Energy Amendment Docket, Says Sure Electric Owes $310,000
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October 5, 2010
CenterPoint Energy has moved to intervene in the application
of dPi Energy for an amendment of its REP certificate to reflect new ownership (37917),
alleging that the application proposes to permit an owner of another retail electric
provider which defaulted on more than $310,000 in charges owed to CenterPoint to
become an owner of dPi Energy.
Specifically, CenterPoint said that upon information and belief, Z. Ed Lateef, who is or is seeking to become a direct or indirect owner of dPi Energy, is the same Mr. Lateef who was, upon information and belief, a direct or indirect owner of Sure Electric, LLC (d/b/a Riverway Power). dPi was purchased by Amvensys Telecom Holding late last year. As noted by Matters, one of the owners of Amvensys Telecom Holding was Z. Ed Lateef, who became owner of 50% of dPi Energy under the transaction (Only in Matters, 12/11/09).
PUCT Staff is currently seeking revocation of dPi's certificate for, among other reasons, dPi's failure to disclose the revocation of Sure Electric's REP certificate in its amendment seeking a change in control (see Matters, 7/5/10).
CenterPoint said that Sure Electric failed to pay more than $310,000 for delivery service.
CenterPoint reported that since the summer, it has been negotiating with counsel for Sure Electric and/or Mr. Lateef to resolve the approximately $310,000 in outstanding charges owed for service provided to Sure Electric. CenterPoint said that it was attempting to reach an agreement with Sure and/or Mr. Lateef so that it would not need to intervene in Docket 37917 to protect its interest, but stated that the parties have not yet reached an agreement.
dPi and PUCT Staff are in continued discussions to resolve the amendment application as well as a Staff Notice of Violation in Docket 38384. Though such discussions continue, Staff and dPi recently filed a procedural schedule proposed to govern the NOV proceeding as well as the amendment proceeding, should the cases be consolidated as sought by Staff and agreed to by dPi if the NOV proceeding is not settled. This recently proposed procedural schedule prompted CenterPoint to seek intervention at this time.
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