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News Stories: Financial Collateral

June 25, 2025
New York

Higher Court Upholds Most Broker Regulations; But Rules Bonds May Be Used For Broker Registration

On June 25th, the Albany County Supreme Court (the Court) issued its decision in the case related to energy brokers and consultants. As you may recall, several parties…


June 18, 2025
Pennsylvania

Tentative EGS License Cancellation Order Issued

“As part of its EGS license validation procedures, the Commission’s Bureau of Technical Utility Services sent a 90-day Security Renewal Notice email to each entity…


June 10, 2025
New York

Brokers/Consultants Now Allowed To Use Bonds In Licensing Process

Stay tuned for further New York Public Service Commission (PSC) guidance as to how and when letter of credit may be substituted with bonds. As reported previously, the…


May 15, 2025
Ohio

Ohio Energy Reform Bill Signed By Governor

HB15 passed both chambers of the Ohio legislature and was signed by Governor DeWine. The new law becomes effective August 14, 2025. Among other things, the new bill does…


November 7, 2024
Pennsylvania

PA PUC Issues Tentative Order To Revoke Two Supplier & Two Retail Energy Broker Licenses For Failure To File Proof Financial Security Instruments

The Pennsylvania PUC issued a tentative order proposing to revoke the licenses of 2 retail electric suppliers and two electric brokers for failure to file proof of…


October 29, 2024
PJM

Retail Suppliers Warn Proposed ~1,000% Increase In PJM Minimum Capital Requirement To $5 Million Will Drive Retail Suppliers Out Of Business

Retail energy suppliers consistently warn that a $5 million capitalization requirement being considered for PJM market participants could potentially cause many small…


October 24, 2024
Pennsylvania

HB 1578 Passes Requiring $1 Million In Security For Retail Electric/Gas Entities & Imposes New Sales Channel Requirements Including Training

The Pennsylvania House of Representatives has passed HB 1578 that if signed into law would require retail energy suppliers and brokers marketing to residential…


September 26, 2024
Pennsylvania

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…

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Editor’s Picks

New Hampshire NH DOE Files Proposed Interconnection of DER Rules
Massachusetts Update:  Massive MA Legislation Passes Crucial House Vote by Adopting all Amendments and Now Moves to Final Vote in Senate
TCPA Court of Appeals Concludes Written Consent Not Needed for Telemarketing Calls?
PJM PJM’s Proposes Behind-the-meter Generation Rules
Compliance Considering Outsourcing Key Marketing or Sales Functions?

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TCPA Court of Appeals Concludes Written Consent Not Needed for Telemarketing Calls?
Compliance Considering Outsourcing Key Marketing or Sales Functions?
PJM PJM’s Proposes Behind-the-meter Generation Rules
Data Centers Data Centers Support Grid But Unexpected Trips Could Hurt
Texas Marketing Metrics – It’s More Than Just Sales

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