Tesla will now be able to sell electricity to retail customers in Texas after a request was approved by the state’s Public Utilities Commission (PUC).
PUC announced it has issued a retail electric provider (REP) certificate to the company’s Tesla Energy Ventures subsidiary to provide retail electric services throughout the area covered by the Electricity Reliability Council of Texas (ERCOT), which serves more than 80% of the state’s electric load.
According to PUC, REPs buy wholesale electricity, delivery service and related services, price electricity for customers, and seek customers to buy electricity at retail.
