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PUC Issues Tentative Order Cancelling Five EGS Certificates For Failure To Maintain Financial Security Obligations
Please see Tentative Order link from the Commission’s January 18, 2024 Public Meeting
Re: Electric Generation Supplier License Cancellations of Companies with an Expired Financial Security, Insufficient Financial Security Amount or Language
Supplier Table – List of Electric Generation Suppliers
Docket # Company Name Expiration Date Commission Approved Amount
A-2010-2203946 ASPEN ENERGY 01/02/2024 Yes
A-2015-2497850* MPOWER ENERGY 12/31/2023 No
A-2021-3029728* SPARTACUS ENERGY 12/20/2023 No
A-2020-3016555 US ENERGY LINK LLC 12/23/2023 Yes
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 in the Supplier Table above stating that original documentation of a bond, or other approved security in the amount or language directed by the Commission, must be filed within 30-days prior to each entity’s security expiration date. None of the companies listed in the Supplier Table provided the required documentation. Based on the above facts, we tentatively conclude that the EGSs listed in the Supplier Table are not in compliance with 52 Pa. Code § 54.40(a) and (d) and therefore it is appropriate to initiate the cancellation process for the EGS license of each company listed in the Supplier Table, without the necessity of a formal complaint, as being in the public interest;
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 (01/18/2024)
M-2023-3037455 (01/03/2023)
(Electric Generation Supplier License Cancellations of Companies with an Expired Financial Security, Insufficient Financial Security Amount or Language )
