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PURA Moving Forward With Proposed Regulations Concerning Electric Supplier Licensing
PURA filed formal notice that it will move forward with the proposed regulations regarding electric supplier licensing.
From Public Comment and Response Report:
[ *** ] The Proposed Regulations change the review cycle for electric supplier licenses from every five years to biennial.
The Proposed Regulations also raise the fee for applications to become a licensed electric supplier and the fee for the periodic reviews conducted by the Authority.
In addition, the Proposed Regulations require electric suppliers to provide additional information to PURA and the public. For licensing, electric suppliers will be required to provide information on investigations by regulatory agencies and attorneys general in other states. After licensing, electric suppliers will be required to provide the Authority with responses to customer inquiries and complaints, and to provide specific information on their websites, including the electric supplier’s official name and trade name(s), all PURA dockets specifically pertaining to the electric supplier, customer service contact information, PURA contact information, information concerning all generally available offers, renewable products, sources of renewable energy, standard contracts, and enrollment forms, and any other information deemed necessary by the Authority.
Additionally, electric suppliers will have to follow specific rules when posting to the Rate Board, including honoring all generation rates the electric supplier has posted to the Rate Board, self-reporting all generally available generation offers, ensuring generally available rates are all-inclusive, and cross-posting rates that appear on the electric supplier’s own website. Electric suppliers will also have to follow specific rules when posting rates on their own website. These amendments will ensure the public receives all pertinent information to make decisions regarding electric suppliers.
Lastly, the Proposed Regulations change and generally increase security requirements according to a new schedule. The Authority will have the discretion to increase security if an electric supplier’s forecast year load exceeds 1,500,000 MWh.
Notice of Decision
Public Comments and Response Report
Proposed Regulation
19-10-41 (10/31/2019)
