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PUC Proposes To Revoke Licenses Of Six Retail Suppliers, Several Brokers
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The Pennsylvania PUC on February 22 issued a tentative order proposing to revoke the licenses of five retail natural gas suppliers, and several gas brokers, for allegedly either failing to file an annual report or allegedly failing to pay either their annual or supplemental PUC fees through 2023
The tentative gas order is not final, and an entity's inclusion within the tentative order should not be construed as a finding that the entity has not complied with any rule or regulation. Similar prior tentative orders from the PUC have included erroneous information
Entities may challenge the draft findings of the gas 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 entities within a specific order demonstrate compliance by the deadline
The identity of entities subject to the gas tentative order can be found in the tentative order here (Pa. PUC Docket M-2024-304525)
Separately, the Pennsylvania PUC on February 22 issued a tentative order proposing to revoke the licenses of a retail electric supplier, and three electric brokers, for alleged failure to file proof of security in the format approved by the PUC.
The electric tentative order is not final, and an entity's inclusion within the tentative order should not be construed as a finding that the entity has not complied with any rule or regulation. Similar prior tentative orders from the PUC have included erroneous information
Inclusion in the electric tentative order does not necessarily mean that an electric generation supplier (EGS, a term which includes brokers) 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 February 22, 2024 electric tentative order are as of February 13, 2024, and ostensibly would not reflect any resolution of the matters beyond such date.
Entities may challenge the draft findings of the electric 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 entities within a specific order demonstrate compliance by the deadline
The identity of entities subject to the electric tentative order can be found in the tentative order here (Pa. PUC Docket M-2024-3045251)
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February 22, 2024
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Copyright 2010-23 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com
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