Article: The New Power Company Challenges Green Mountain Energy.

GREENWICH, Conn., Oct. 30 /PRNewswire/ --

The New Power Company (NYSE: NPW) characterized as "completely false" the October 23 contention of Green Mountain Energy Company that PECO did not negotiate in good faith with regards to its award of its "Competitive Default Customers" to The New Power Company. The New Power Company filed its response to Green Mountain's October 23 protest of the contract award to New Power on Monday October 30.

New Power's filing described the PECO bidding process and how New Power submitted its winning bid within the bidding period established by PECO in its RFP. By contrast, Green Mountain only submitted its current bid 12 ...

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