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News Stories: Financial Collateral

February 27, 2026
Massachusetts

Update:  Massive MA Legislation Passes Crucial House Vote by Adopting all Amendments and Now Moves to Final Vote in Senate

House of Representatives – Passed to be engrossed – 128 YEAS to 27 NAYS H5151 – Entitled “An Act Relative To Energy Affordability, Clean Power And…


February 11, 2026
New York

Reminder:  Revised New York UBP Rules for ESCOs, Brokers and DERs Effective April 30th

As reported previously, on January 28, 2026 the New York PSC issued an order reinstating financial accountability requirements for energy broker and consultant…


January 30, 2026
Texas

REP Certificate to be Revoked for Financial Obligation Violations

Staff of the Public Utility Commission of Texas and Declaration Energy, LLC, filed a settlement agreement regarding Declaration’s violations of 16 Texas…


December 10, 2025
Ohio

Suppliers Oppose Proposed Enrollment & Utility Collateral Requirements

RESA Reply Comments – “Ohio law does not require, support or intend that the Commission’s rules require suppliers to use customer account information in order to…


November 5, 2025
Ohio

PUC Seeks Comments On Proposed Retail Supplier Rule Changes To Implement New Law Including Financial Security Obligations, Customer Information & Enroll By Wallet

The Ohio Commission directs all interested persons or entities wishing to file comments or reply comments with the Commission regarding proposed amendments to Ohio…


October 23, 2025
Pennsylvania

PUC Issues Tentative Order Cancelling EGS’ Licenses For Failure To Maintain Required Financial Security 

The Pennsylvania Public Utilities Commission (PUC) issued a tentative order finding that six (6) the EGSs listed in the supplier table to be non-compliant with the…


October 9, 2025
New York

PSC Seeks Comments On Staff’s Proposed Broker & DER Financial Bond Requirements & Utility Files Q3 2025 Electric and Gas Sample Reports

The New York Public Service Commission (PSC) filed notice seeking comments regarding financial collateral requirements for brokers, consultants and distributed energy…

New York

PSC Seeks Comments On Staff’s Proposed Broker & DER Financial Bond Requirements

The New York Public Service Commission (PSC) filed notice seeking comments regarding financial collateral requirements for brokers, consultants and distributed energy…


August 28, 2025
New York

PSC Staff Propose UBP Amendments Allowing Brokers/Consultants To Use Bonds As Financial Collateral

New York PSC Staff filed proposed amendments to the Uniform Business Practices (UBP) to allow the use of surety bonds as a means of complying with the financial…


August 4, 2025
Massachusetts

State Regulator Urges Passage Of Bill That Would Require $5 Million Bond From Retail Suppliers, Ban Commission Payments, & Require That All Enrollments Occur Through State Website

The Massachusetts DPU has suspended the working groups under its retail energy market reset proceeding, as the DPU said that, “Absent legislative reform, the…

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