April 20, 2010
Source: Champion Energy Services
Champion Energy Services said it received approval to serve deregulated residential electricity markets in Pennsylvania. The company was granted a license to serve commercial, industrial and governmental customers in October 2009 and later sought an amendment to also serve all classes of commercial and residential markets.
Champion Energy's first residential offering in Pennsylvania is in the PPL Electric Utility (PPL) market, where residential customers received a nearly 30 percent increase on the default residential service rate that became effective on January 1, 2010 after the elimination of rate caps that had been in place since 1999.