Lecithotrophic larvae of the cheilostome bryozoan, Bugula neritina (L.), lose metamorphic competence 12 to 24 h after release from the maternal zooid. The high respiration rate of newly released larvae (mean=306.3 pmol O2 larva-1 h-1, range=149.3 to 466.6, n=18 trials, 22.5°C) from adults collected at Link Port, Fort Pierce, Florida during the winter/spring of 1990–1991 reflects their active swimming behavior. The average energy content per larva was 15.24 mJ (range: 13.35 to 20.17 mJ ind-1, n=5 groups). If all cells have an identical energy content and metabolic rate, then 2 and 20% of the total energy content would be consumed by the onset (2 h post-release) and the loss (24 h post-release) of metamorphic competence. Larvae of B. neritina are a composite of both larval and juvenile tissues and the loss of metamorphic competence may be due to regional depletion of labile energy stores in transitory “larval” cells, particularly the ciliated cells that comprise the locomotory organ, the corona. Although “nonfeeding”, B. neritina larvae can acquire nutrients from the environment in the form of dissolved organic materials (DOM) in seawater. Both the amino acid alanine and the fatty acid palmitic acid can be transported from seawater ([S]=1 μM, 22.5°C). The rates of alanine influx (appearance of label in tissue) averaged 0.366 pmol larva-1 h-1 and, based on comparisons between rates of solute transport and metabolism, would contribute little (<1% of required energy) to offset the metabolic demand. The average rate of palmitic acid influx was 4.668 pmol larva-1 h-1 and assuming that the measured influx equals the net solute flux, could account for 21 to 72% of energy requirements. These data suggest that the duration of planktonic life of B. neritina larvae is principally regulated by the amount of endogenous energy stores, but may be modulated by available DOM in seawater.