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Utility Withdraws Proposed New Credit Requirements For Retail Suppliers
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As part of an updated tariff to implement purchase of receivables, which is said to reflect a "general consensus" among parties, Public Service of New Hampshire (Eversource) has withdrawn its prior proposal to include in its supplier tariff new credit requirements for retail electric suppliers
As previously reported, PSNH had proposed that, for retail suppliers not meeting a defined "creditworthy" level set in the proposed tariff, such suppliers would have been required to provide an additional credit assurance amount to PSNH (via letter of credit or other form accepted by PSNH)
See full details on PSNH's proposed credit standards here
PSNH's latest, general consensus tariff and associated master supplier agreement to implement POR omit these previously proposed new credit requirements for retail suppliers
PSNH's earlier proposal for a modified supplier agreement would have also required suppliers to be ISO-NE market participants, which is not required under the current supplier agreement.
Under the latest agreement, PSNH has removed this proposed ISO-NE MP requirement
The consensus agreement further notes that if a municipal aggregator is acting as the LSE, then the municipal aggregator does not need to be licensed by the DOE as a supplier, though the municipal aggregator must have a PUC-approved aggregation plan (the master supplier agreement otherwise requires retail suppliers to be licensed by the state's DOE)
The latest tariff maintains a 15-day cure period for any breach of the supplier master agreement. NRG had, in comments on PSNH's tariff, noted that Unitil-NH provides a 30-day cure period
PSNH's latest terms and conditions for suppliers indicates that POR is to be effective on the later of: May 1, 2025, or the first day of the month following PSNH's notice to the PUC that all required system changes for POR are in place
Unitil
Separately, Unitil also filed an updated POR tariff and supplier agreement which is said to reflect the agreement of parties
Notably, under the agreed tariff, Unitil will provide suppliers with 90 days notice -- versus an originally proposed 7 days notice -- to the extent Unitil changes the mechanism used for electronic transmission of information between utilities and suppliers
Unitil's current tariff states that utility consolidated bills will include the retail supplier's toll free telephone number for customer inquiries.
Unitil proposed striking this requirement in filing tariffs to implement POR
The agreed tariffs maintain the current language which provides that utility consolidated bills will include the retail supplier's toll free telephone number for customer inquiries
However, in the proceeding, Unitil had said that its billing
system is not currently configured to print
a supplier's toll free phone number on customer bills, and that implementing this requirement would add costs to be recovered under the POR discount
In the agreed tariff, Unitil has removed the description that revocation or non-renewal of a retail supplier's license is grounds for "immediate" termination of the supplier coordination agreement, as NRG had noted that a supplier may contest a license revocation. Revocation or non-renewal of a license remains grounds for termination of the coordination agreement, but such is no longer grounds for "immediate" termination
PSNH: Docket DE 23-004
Unitil: Docket 23-002
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December 18, 2024
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Copyright 2024 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com
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