News Stories
Sponsored by Earth Etch. Regulatory insight and compliance solutions for today’s energy markets.
PSC Revokes Over 60 Broker/Consultant Licenses for Non-Payment of Annual $500 Registration Fee
On October 16, 2026 the New York Department of Public Service Commission issued a revised company list of registration revocations for non-payment – overdue NYS energy broker and consultant 2026 annual compliance revoking the broker licenses non-payment of the required annual fee.
Any retail energy supplier working with any of these entities should take note and act accordingly.
Specifically, the revised notice states:
“Please find below a list of Energy Broker and/or Energy Consultants that were revoked in New York State due to non-payment of the required annual fee. The Public Service Commission’s Uniform Business Practices (UBP) Section 11.B.1 requires that all Energy Brokers and/or Energy Consultant pay a fee of $500.00 at the time of application, as well as annual renewal fee of $500.00 by August 31st of each year thereafter. The deadline to provide the 2026 annual registration fee was August 31, 2026. All companies that were overdue in making this payment have been notified multiple times by Staff and, as of the date of this letter, failed to submit payment. [Emphasis Added.]
The UBP Section 11.H.2.a.iv provides that an Energy Broker and/or Energy Consultant is subject to revocation of its registration if it fails to provide the required annual registration fee. The following Energy Brokers and/or Energy Consultants failed to timely submit this fee and, therefore, their registrations are revoked”
