Pa. Tentative Order Would Cancel Licenses of 10 Retail Suppliers, Brokers
The Pennsylvania PUC on June 14 issued another tentative order proposing to cancel the licenses of 10 load-serving retail suppliers and brokers for their alleged failure to provide proof to the Commission, in a format required by the PUC, that the company has a bond or other approved security in the amount directed by the Commission, to replace its expired bond
Included on the list is one retail supplier believed to be active in the state, and 9 brokers
The tentative order is not final and may be contested by the companies
Similar PUC tentative orders in the past have listed companies as failing to file security with the PUC when the companies had, in fact, done so. For that reason, we will not excerpt the list of companies here, but the list may be found in this PUC order, in Docket M-2015-2490383.
Indeed, the June 14 tentative order states that its data is based on information received by the PUC as of June 5, 2017, so it may not reflect any proof of security received since June 5 (which may not have been in compliance with deadlines but nevertheless shows the issue may have been rectified already)
We again caution that a company's inclusion on the tentative order list should not necessarily be taken as an indication of non-compliance, particularly as the PUC has erroneously included multiple fully compliant companies in a prior tentative order