The designation of a party responsible for providing retail electric service if no other entity willingly seeks to provide such service.
A REP certified in Texas that has been designated by the Commission to provide a basic, standard retail service package to requesting or default customers.
A legal obligation, traditionally given to utilities, to provide service to a customer when competitors have chosen not to provide service.
A Retail Electric Provider offering a standard retail service package for each class of customer at a fixed, non-discountable rate. In the event that a REP fails to serve any or all of its customers, the provider of last resort will offer that customer the standard retail service package for that customer class with no interruption of service.
A legal obligation, traditionally assigned to utilities, to provide service to any customer who requests it at any time.
The Provider of Last Resort becomes your provider when a Retail Electric Provider exits the market for any reason. If this happens, customers may switch back to the Affiliate Retail Electric Provider or establish service with a new Retail Electric Provider.
The Provider of Last Resort serves as the “back-up” provider when a REP leaves the market for any reason. If this happens, customers may switch back to the AREP or choose another competitive REP offering electric service in their area.
A legal obligation (traditionally given to utilities) to provide service to a customer where competitors have decided they do not want that customer's business.
This is the "backup" provider should a REP leave the market for any reason.