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PURA Resubmits Proposed Licensing Changes
After a previous failed attempt in September 2023 to jump-start the long-dormant rulemaking on supplier licensing rules, the Connecticut Public Utility Regulatory Authority (PURA) in Connecticut resubmitted proposed amendments for publication and comment on January 4.th.
Written comments on the proposed regulations are due by 2/2/24 at 5:00 p.m. ET.
Among other things, PURA proposes eliminating the one-size-fits-all $250,000 financial security requirement in favor of a new approach that would be based on a supplier’s annual load served, with the amount required ranging from $250,000 to $2 million.
Other proposed amendments include:
- change the review cycle for electric supplier licenses from every five years to every two years;
- raise fees for license applications from $1,000 to $2,500;
- require suppliers to provide PURA and the public with information regarding investigations in other states and responses to customer complaints, including investigations that were closed by settlement agreement;
- require suppliers to disclose commercial sales agreements as part of application package, in addition to residential sales agreements;
- require PURA to issue a decision on a license application within 90 days;
- modify post-licensing compliance filings, including to require “accurate” RPS filings, clarify that the annual generation report is due on 10/1, and require suppliers to respond to customer complaints provided by PURA within five business days;
- sets extensive requirements for a supplier’s website, including regulatory disclosures, contact information, information about generally available offers and renewable energy sources, copies of enrollment forms and sales agreements, etc.
- sets new requirements for posting of supplier offers to the Rate Board;
- requires that the applicant and the applicant’s third party agents have reasonable cyber and data security practices, including a description of the applicant’s and the third party agents’ cyber and data security practices.
19-10-41 (10/31/2019)
Also see: PR2020-007
