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BidURenergy's License to Conduct Business as Electricity and Natural Gas Aggregator Canceled

Strategic Insights

— 1 min read

Virginia State Corporation Commission (VSCC) has canceled the license of BidURenergy, Inc. to act as an aggregator for electricity and natural gas in the Commonwealth of Virginia, effective immediately. On June 12, 2025, BidURenergy filed a request to abandon its license, citing that all business operations in Virginia are now conducted through its parent company, L5E, LLC, and that it no longer provides energy broker services in the state. The Commission has granted the request, canceling License No. A-65 and dismissing the case.

Key Takeaways:

  • BidURenergy, Inc. had completed an application with the VSCC on February 8, 2019, to obtain a license to conduct business as an aggregator for electricity and natural gas in the service territories of various companies.
  • The Commission granted License No. A-65 to BidURenergy on March 27, 2019, allowing the company to provide competitive aggregator service for electricity and natural gas.
  • BidURenergy filed a request to abandon License No. A-65 on June 12, 2025, stating that all business operations in Virginia are now conducted through L5E, LLC and that it no longer provides energy broker services in the state.
  • The Commission has canceled License No. A-65 and dismissed the case, effective immediately.
  • The service territories affected include Washington Gas Light Company, Columbia Gas of Virginia, Inc., and other companies.
  • The VSCC has sent a copy of the cancellation order to all persons on the official Service List in this matter.

Statistics:

  • 2/8/2019: BidURenergy completed its application with the VSCC to obtain a license to conduct business as an aggregator for electricity and natural gas.
  • 3/27/2019: The Commission granted License No. A-65 to BidURenergy, effective immediately.
  • 6/12/2025: BidURenergy filed a request to abandon License No. A-65.
  • 7/11/2025: The Commission issued the cancellation order for License No. A-65.
  • 1: BidURenergy cited that all business operations in Virginia are now conducted through L5E, LLC.
  • 1: BidURenergy stated that it no longer provides energy broker services in Virginia.

Sources:

- COMMONWEALTH OF VIRGINIA 250720005 STATE CORPORATION COMMISSION AT RICHMOND, JULY 11, 2025

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