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Retail Suppliers Granted Extension Of Deadline To Comply With New Restrictive Renewable Retail Energy Offer Rules
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Retail electric suppliers in Connecticut were granted an extension of the deadline to comply with various new renewable energy marketing and disclosure rules
A prior PURA decision adopted new requirements and standards for voluntary renewable electricity supply offers (VRO) from retail electric suppliers
As previously reported, the VRO order prohibits suppliers from using the term "renewable energy" for REC-based VRO products. Under the order, a supplier may not market the product as "renewable energy" unless the offer is supported by an ownership interest in or PPA for a renewable resource used to serve the contract.
The order also established certain universal standards for REC-only and suppliers' VRO offers, including geographic limitations
See more details on the new rules here
PURA had directed a work group to develop a new disclosure label to be used by suppliers under the new rules. The work group's deadline for submission of a new disclosure label was originally set as Jan. 15, 2024
PURA's original order established a compliance deadline of February 15, 2024 for suppliers. While this was one month after the original deadline for the filing of a new disclosure label, the supplier compliance deadline was not explicitly linked to approval by PURA of the work group disclosure label filing
The work group had requested an extension until January 29, 2024 to file the new disclosure label, which PURA granted
In light of such extension, PURA extended the deadline for supplier compliance, but maintained a hard date for compliance, regardless of if/how PURA addresses the filing of the disclosure label
Specifically, PURA has now directed that, "all new and renewing VROs are now required to comply with the new standards by
Thursday, February 29, 2024."
Docket No. 16-12-29RE01
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January 24, 2024
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Copyright 2010-23 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com
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