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PUC Proposes To Revoke Licenses Of Two Retail Suppliers
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The Pennsylvania PUC on November 9 issued a tentative order under which the PUC would conclude that two retail electric suppliers failed to file proof of security in the format approved by the PUC. The November 9 tentative order proposes to revoke the license of each entity cited in the tentative order
The November 9 tentative order is not final, and an entity's inclusion within the tentative order should not be construed as a finding that the supplier has not complied with any rule or regulation. Similar prior tentative orders from the PUC have included erroneous information
Inclusion in the tentative order does not necessarily mean that an electric generation supplier (EGS) does not have the required security, but rather that the PUC alleges that the EGS has not demonstrated compliance in the specific manner required by the PUC.
Notably, the alleged compliance deficiencies alleged in the November 9, 2023 tentative order are as of October 31, 2023, and ostensibly would not reflect any resolution of the matters beyond such date.
Entities may challenge the draft findings of the tentative order, or otherwise come into compliance by a deadline established in the tentative order, in order to avoid license revocation
Such tentative orders are routinely issued by the PUC, and historically most active entities included within a specific order demonstrate compliance by the deadline
The identity of suppliers and brokers subject to the November 9 tentative order can be found in the tentative order here (Pa. PUC Docket M-2023-3037455)
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November 9, 2023
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Copyright 2010-23 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com
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