|
|
|
|
In New Action, PSC Initiates Consideration Of Broad Retail Market Reforms, Customer Protection
The following story is brought free of charge to readers by VertexOne, the exclusive EDI provider of EnergyChoiceMatters.com
The Maryland PSC, which as previously reported has essentially undergone a re-constitution with a majority of Commissioners having been newly seated within the past few months, has invited comment on broad retail market reforms and customer protection
The PSC issued a notice seeking such comments is response to a petition from the Maryland Energy Advocates Coalition (MEAC) to eliminate the purchase of receivables program at the electric and gas utilities in the state
See our prior story for background on the MEAC petition
While the PSC sought comment on the MEAC petition, including MEAC's pro-ration proposal for use in lieu of POR, the PSC also more broadly sought comment on the retail market and potential market reforms
"Without assessing the merits of MEAC’s Petition at this time, the Commission notes that
the retail choice market has matured significantly since 1999, when the Retail Choice Act was
enacted, and the subsequent changes in RM17, including the recent enactment of low-income
supply offers and supplier consolidated billing. Additional market reform may be warranted at
this time," the PSC said
"The utilities, retail suppliers, the Commission’s Technical Staff, Office of People’s
Counsel and other market participants may have comments that extend well beyond POR’ [sic][.] In
addition to comments on MEAC’s Petition, the Commission requests comments on the
appropriateness of pursuing market reform at this time and what those reforms may be which
could include but not limited to, additional or modified customer protection, alternative
modifications to POR in lieu of MEAC’s Petition, changes to utility consolidated billing (UCB)
with the establishment of SCB, supplier licensing and bonding requirements, or other possible reforms. Any proposed market reforms should be structured, with phase-in and phase-out
timelines as they pertain to any existing and proposed requirements," the PSC said
"Based upon stakeholder comments, the Commission may establish a public conference,
and a rulemaking proceeding as requested by MEAC, or the Commission may direct workgroup
proceedings to develop POR-focused or other market reform proposals, including rulemaking
proceedings that address POR or other energy retail supplier issues," the PSC said
ADVERTISEMENT ADVERTISEMENT Copyright 2010-23 Energy Choice Matters. If you wish to share this story, please
email or post the website link; unauthorized copying, retransmission, or republication
prohibited.
Changes To POR, UCB, Licensing & Bonding Cited, As PSC Says Market Has "Matured" Significantly
August 3, 2023
Email This Story
Copyright 2010-23 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com
NEW Jobs on RetailEnergyJobs.com:
• NEW! -- Senior Billing Subject Matter - (Remote) -- -- Retail Supplier
• Retail Energy Account Manager
|
|
|