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PA PUC Tentatively Cancels Two EGS Licenses For Failure To Renew Bonds
| Docket No. | Company Name | Financial Security Cancelation Date | PA PUC Approved Amount or Language |
| A-2018-3005372* | Brookfield Renewable Energy Marketing US LLC | 9/14/2024 | No |
| A-2021-3028636* | Current Energy & Renewables Inc. | No | |
| *Taking title to electricity. | |||
Excerpts from the Tentative Order:
{***} That, to the extent any of the Electric Generation Suppliers listed in the Supplier Table challenge the cancellation of their license, they must file comments within thirty (30) days after publication of this Tentative Order in the Pennsylvania Bulletin. Written comments referencing Docket No. M-2024-3045251.
Alternatively, Electric Generation Suppliers listed in the Supplier Table may provide the Commission an approved security up to and within thirty (30) days after publication in the Pennsylvania Bulletin. The Electric Generation Supplier must file an original bond, letter of credit, continuation certificate, amendment, or other approved financial instrument displaying a “wet” signature or digital signature, preferably in blue ink, and displaying a “raised seal” or original notary stamp with Rosemary Chiavetta, Secretary, Pennsylvania Public Utility Commission, 400 North Street, Harrisburg, PA, 17120.
That, alternatively, Electric Generation Suppliers listed in the Supplier Table may provide the Commission an approved security up to and within thirty (30) days after publication in the Pennsylvania Bulletin. {***}
Tentative Order (09/26/2024)
M-2024-3045251
Electric Generation Supplier License Cancellation of Companies with an Expired Financial Security, Insufficient Financial Security Amount or Language
