Pa. Tentative Order Would Cancel Licenses of Active Retail Supplier, 5 Brokers
The Pennsylvania PUC on January 19 issued another tentative order proposing to cancel the licenses of 1 retail supplier licensed to serve load, which is currently active, and 5 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
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-2017-2584781.
Indeed, the January 19 tentative order states that its data is based on information received by the PUC as of January 9, 2018, so it may not reflect any proof of security received since January 9, (which may not have been in compliance with deadlines but nevertheless shows the issue may have been rectified already)
For the supplier, the PUC's tentative order indicates that the supplier's security has not expired. However, the supplier has not apparently increased the amount of security, in a format required by the PUC, as previously directed in a PUC Secretarial letter
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