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PURA Files Revised Proposed Changes To Electric Supplier Licensing Rules After Review By Legislative Regulation Review Committee (LRRC)
PURA has filed the proposed changes to the electric supplier licensing rules with some revisions prompted from the review from the LRRC, deleting language related to public posting of rates and adjustment of security under tiers.
The following language has been removed regarding a retail electric supplier’s requirement to publicly post their generally available rates:
The definitions of “Generally available rate”, “Offer”, “Rate Board” and “Self-reporting” have been removed.
The following language has also been removed:
“All electric suppliers shall abide by the following when posting to the Rate Board: (1) An electric supplier shall honor all generation rates the electric supplier has posted to the Rate Board; (2) An electric supplier shall self-report all generally available generation offers to the Rate Board following a process established by the Authority; (3) All generally available rates shall be all-inclusive rates; (4) An electric supplier shall follow standardized language issued by the Authority when self- reporting; (5) Rates that appear on an electric supplier’s internet website shall be posted to the Rate Board, thereby aligning these resources; (6) Rates entered into the Rate Board database cannot exceed five decimal places, e.g., $0.00000, but will be displayed on the Rate Board in cents per kWh, rounded to two decimal places; and (7) Each offer that is self-reported to the Rate Board database is considered a regulatory compliance filing.
(e) Regarding rates or offers posted to an electric supplier’s internet website: (1) All electric suppliers shall honor all rates and offers posted to their respective internet websites; and (2) All rates and offers posted to an electric supplier’s internet website including a claim of savings shall include a clear and conspicuous disclosure of how the savings will be calculated and what the electric supplier will do if the savings are not realized, together with any time or other limitations the electric supplier may impose.”
The following language was removed regarding financial security:
“The Authority shall update the schedule of security set forth in subsection (a) of this section as necessary and shall issue any updates in a decision.”
Additional language that is removed:
“The Authority shall respond to a license review compliance filing not more than ninety days after notifying the electric supplier that the license review compliance filing is complete.”
The following language regarding supplier responses to customer inquiries is also deleted:
“Responses to customer inquiries or complaints provided by the Authority within five business days of receipt or within a time period prescribed by the Authority in a decision.”
Original Proposed Rules (02/27/2024)
Revised Rules (06/13/2024)
19-10-41 (10/31/2019)
Regulations For Electric Supplier Licensing
