|
|
|
|
PUC Orders Retail Suppliers To File Contract Summaries for PUC Compliance Review
The Pennsylvania PUC's Office of Competitive Market Oversight (OCMO) issued a secretarial letter directing all retail natural gas suppliers serving residential and small business customers to submit to the PUC draft sample contract summaries they intend to use to comply with the PUC's recent order adopting a contract summary form.
As previously reported, the PUC recently adopted regulations (with approval of the Independent Regulatory Review Commission provided on June 30) requiring that natural gas suppliers (NGSs) shall provide, with the disclosure statement, a separate contract summary in a format provided by the Commission. Click here for background and a link to the template contract summary form adopted by the PUC
The PUC said in adopting the regulations that suppliers would be directed to submit their standard forms to OCMO for informal review
"All NGSs that are actively soliciting residential and small business customers are directed to submit a draft sample of the Contract Summary they intend to use. NGSs should submit one sample for each product type they intend to offer: e.g. fixed price, variable price and introductory price products," OCMO said [emphasis by OCMO]
"NGSs are not required to send a sample for every product offered -- it is expected that NGSs will apply the feedback received to all of their Contract Summaries. We also note that, with the exception of NGSs going through the initial licensing process, it is not necessary to seek Commission review of all Contract Summaries going forward. However, NGSs are expected to apply the feedback received to future summaries," OCMO said
OCMO directed NGSs to submit electronic versions of the contract summaries to the Office of Competitive Market Oversight by July 29, 2016.
"It is our intent to review and provide an expeditious response. However, NGSs should comply with the new regulation upon its effective date -- meaning that Contract Summaries should be provided to all new residential and small business customers regardless of whether or not Commission staff has completed its review of the submitted summaries. We understand that certain NGSs may want to first receive the results of the staff’s informal review before using the summaries, and as such, we encourage those NGSs to submit their sample summaries as soon as possible," OCMO said
Docket No. L-2015-2465942
ADVERTISEMENT Copyright 2010-16 Energy Choice Matters. If you wish to share this story, please
email or post the website link; unauthorized copying, retransmission, or republication
prohibited.
July 7, 2016
Email This Story
Copyright 2010-16 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com
NEW Jobs on RetailEnergyJobs.com:
• NEW! -- Director of C&I Sales -- Retail Provider -- Texas
• NEW! -- Director of Pricing -- Retail Provider -- Houston
• NEW! -- Business Development Manager -- Retail Provider
• NEW! -- Operations Manager - Retail Energy Supplier
• NEW! -- Assistant Controller/Bookkeeper -- Retail Provider -- DFW
• NEW! -- Client Services Lead
• NEW! -- Billing Analyst -- Retail Supplier
• NEW! -- Pricing and Commercial Analyst -- Retail Supplier
• NEW! -- Door to Door Sales Team Manager -- Retail Supplier
• NEW! -- Power/Natural Gas Business Development Manager -- Retail Provider
• NEW! -- Gas Scheduler -- Retail Supplier
|
|
|