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Three EGS Licenses Tentatively Canceled for Failure to File Security Bonds
On October 22, the Pennsylvania PUC issued a tentative order identifying electric generation suppliers (EGSs) as of October 13, 2026 that have failed to file required financial security bonds per 52 Pa. Code § 54.40(d) that requires the maintenance of an EGS license contingent on the licensee providing proof to the Commission that a bond or other approved security in the amount directed by the Commission has been obtained.
Supplier Table – List of Electric Generation Suppliers
Docket Number Company Name Financial Security Expiration Date
A-2010-2179196 Affinity Energy Management LLC 9/27/2026
A-2009-2113764 Amerex Brokers LLC 9/23/2026
A-2021-3025420 The M Group Energy Solutions LLC 9/2/2026
“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.”
“That, to the extent any of the Electric Generation Suppliers listed in the Supplier Table challenge the cancellation of their license, they must file comments within thirty (30) days after publication of this Tentative Order in the Pennsylvania Bulletin. Written comments referencing Docket No. M-2026-3059584 must be eFiled to the Pennsylvania Public Utility Commission through the Commission’s eFiling System.”
“That, alternatively, Electric Generation Suppliers listed in the Supplier Table may provide the Commission with an approved security up to and within thirty (30) days after publication in the Pennsylvania Bulletin. The Electric Generation Supplier must file an original bond, letter of credit, continuation certificate, amendment, or other approved financial instrument displaying a “wet” signature or digital signature, preferably in blue ink, and displaying a “raised seal” or original notary stamp with Matthew L. Homsher, Secretary, Pennsylvania Public Utility Commission, 400 North Street, Harrisburg, PA, 17120.”
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