August “Gus” Fromuth was elected as a Vice-Chair of the New England Power Pool (NEPOOL) Participants Committee during its recent Annual Meeting. The Participants Committee is the principal governing body of the 425-member NEPOOL.
Fromuth returns to the position of Participants Committee Vice-Chair and principal representative of the End User Sector after a one-year hiatus. The End User Sector is comprised of companies and institutions purchasing electricity directly from the wholesale market, consumer advocates, public interest organizations, and government entities. NEPOOL’s overall membership is made up of six Sectors: Generation, Transmission, Supplier, Publicly Owned Entity, Alternative Resources, and End User, comprising virtually all companies active in New England’s wholesale electricity markets. One representative from each Sector is elected annually to serve as an officer of the Participants Committee.
With the region’s not-for-profit regional transmission organization (RTO), ISO New England, Inc., NEPOOL assures that the bulk power supply system within New England conforms with national reliability standards, that New England’s unbundled wholesale markets for electricity are open, non-discriminatory, and competitive, and that costs, benefits and responsibilities associated with participation in those competitive markets are allocated equitably among all market participants. NEPOOL is the principal stakeholder organization for the RTO, providing the key vehicle for collaboration among the RTO, New England state representatives and NEPOOL members on regional bulk power issues.
Fromuth is Managing Director of the Freedom Energy Logistics family of companies headquartered in Manchester, NH, and serving all of New England, New York and New Jersey.
Fromuth’s past endeavors include leading a company twice listed on Inc’s Top 500 Fastest Growing Companies and serving as Deputy Assistant Secretary for Trade Adjustment Assistance at the U.S. Department of Commerce. He is a graduate of George Washington University and received his MIPP from Johns Hopkins University.
The Freedom Energy Logistics family of companies obtains power at the lowest possible price for New England consumers. FEL Power (felpower.com) provides high-end energy management services in electricity and natural gas. Its unique Direct to Grid (or Self-Supply) model guides large-scale users into New England’s wholesale electricity market, guaranteeing them access to electricity at the lowest available cost. Halifax American Energy Company (haecpower.com) is a retail electric energy marketer which, in partnership with South Jersey Energy, specializes in transactions converting wholesale and bulk power products into shapes and durations suitable for industrial, commercial, institutional and governmental end users. Its newest division, Resident Power (residentpower.com), is New Hampshire’s first competitive electricity aggregator to focus exclusively on residences and small businesses.