Puleo Energy was founded in 2012 by Sam Puleo, an energy industry veteran. At a young age, Sam founded Coastal Energy Consultants where he was at the helm of energy deregulation in the U.S. Unfortunately, as CEO of Coastal Energy Consultants, was charged criminally by the FBI in 2013 for his involvement in an energy pricing fraud related to Coastal Energy. After completing his sentence in 2015, the Pennsylvania Public Utility Commission granted Mr. Puleo and Puleo Energy the right to operate as an exclusive subcontractor of a licensed electric power and/or natural gas brokerage. Under this order, the company began to acquire new energy supply clients. The company then applied for its own energy brokers license in 2020 and disclosed these events in its application. Puleo Energy was granted an energy brokers license in 2020 by the Pennsylvania PUC. Please read the disclosure letter below from Sam Puleo.