Pa. PUC Sets Amount, Factors To Be Assessed To Retail Electric, Gas Suppliers
August 29,2019
The Pennsylvania PUC has established the total amounts to be assessed to retail electric and natural gas suppliers via the annual fee
The PUC previously established that each licensed NGS (natural gas supplier) and EGS (electric generation supplier) firm, including 'Brokers' must pay a base fee of $350 annually. This annual base fee is deducted from the total budget amount applicable to the EGS or NGS prior to distribution of such amounts.
The distribution of the remaining amount is proportioned based on reported prior year gross intrastate revenues as submitted on the filed annual reports.
For EGSs, the total supplemental fee to be allocated among EGSs is $5,297,572. The factor to be applied to each EGS's gross intrastate revenues is 0.000819945575
For NGSs, the total supplemental fee to be allocated among NGSs is $926,489. The factor to be applied to each NGS's gross intrastate revenues is 0.000785535682
The PUC will be sending bills to EGSs and NGSs showing each's proportionate share of the expenses related to EGS or NGS oversight for Fiscal Year July 1, 2019 to June 30, 2020.
EGSs and NGSs are required to pay such bill within thirty days after receipt. Failure to pay the amount when payment is due will subject the company to penalties. Objections to the assessment must be made in writing within 15 days and shall set out in detail the grounds upon which the supplier regards the assessment to be excessive, erroneous, unlawful, or invalid. Objections may be filed only by the person, partnership, or corporation assessed.