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PURA Files Letter To Legislative Regulation Review Committee Resubmitting Proposed Amendments To Regulations For Electric Supplier Licensing
From Letter:
Pursuant to General Statutes § 4-170, the Public Utilities Regulatory Authority (Authority or PURA) resubmits for the consideration and approval of the Legislative Regulation Review Committee (LRRC) the proposal to amend regulations concerning electric supplier licensing. This resubmission addresses substantive concerns and technical corrections identified by the Legislative Commissioners’ Office in its memorandum dated April 23, 2024, as accepted by the LRRC at its April meeting. The attached document explains the Authority’s response to those concerns and shows the language that was updated since the last submission to the LRRC. The Office of the Attorney General approved the updated version of the proposed regulation (Proposed Regulation) as legally sufficient on July 1, 2024.
As you may recall, the Proposed Regulation amends existing regulations that implement General Statutes § 16-245. The amendments update the regulations with the current name of the agency, Public Utilities Regulatory Authority, and revise regulations concerning the licensing of electric suppliers, post-licensing requirements, and security requirements. The substantive amendments are necessary and appropriate to address issues that the Authority has consistently encountered in its regulation of electric suppliers and to address changed circumstances that have arisen since the initial adoption of the regulations in 1999 and since the last amendments to the regulations in 2004 and 2005.
The Proposed Regulation changes the review cycle for electric supplier licenses from every five years to biennial. The Proposed Regulation also raises the fee for applications to become a licensed electric supplier and the fee for the periodic reviews conducted by the Authority.
In addition, the Proposed Regulation requires electric suppliers to provide additional information to PURA and the public. For licensing, electric suppliers will be required to provide information on investigations by regulatory agencies and attorneys general in other states. After licensing, electric suppliers will be required to provide specific information on their websites, including the electric supplier’s official name and trade name or names, all PURA dockets specifically pertaining to the electric supplier, customer service contact information, PURA contact information, and any other information deemed necessary by the Authority. These amendments will ensure the public is receiving all pertinent information to make decisions regarding electric suppliers.
The Proposed Regulation also changes and generally increases security requirements according to a new schedule. The Authority will have the discretion to increase security if an electric supplier’s forecast year load exceeds 1,500,000 megawatt-hours.
The Proposed Regulation will amend Conn. Agencies Regs. §§ 16-245-1 to 16- 245-4, inclusive, and § 16-245-6. [ *** ]
Letter to LRRC (07/02/2024)
19-10-41 (10/31/2019()
(Regulations For Electric Supplier Licensing)
