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Updated With Statement From Atlantic Energy The following story is brought free of charge to readers by VertexOne, the exclusive EDI provider of EnergyChoiceMatters.com
Updated With Statement From Atlantic Energy
9.52 am ET 5/22
Atlantic Energy provided the following statement concerning the Tentative Order
"Atlantic Energy acknowledges the Pennsylvania Public Utility Commission’s Tentative Order
issued May 21, 2026 regarding Electric Generation Supplier (“EGS”) financial security
documentation requirements.
"Atlantic Energy wants to assure its customers, partners, and regulators that the required
financial security bonds have been continuously maintained in accordance with
Pennsylvania regulatory requirements. The matter referenced in the Tentative Order appears
to stem from an administrative or clerical issue related to the submission or formatting of
documentation provided to the Pennsylvania PUC.
"Atlantic Energy is actively working with Commission staff to promptly resolve the matter and
provide any additional documentation necessary to confirm compliance. At no time has
customer service or operational reliability been affected.
“Atlantic Energy remains fully committed to regulatory compliance and maintaining the
highest standards of operational integrity,” said Emily Cipes, SVP & General Counsel at
Atlantic Energy. “We appreciate the opportunity to quickly clarify the documentation issue
with the Pennsylvania Public Utility Commission.”
Atlantic Energy expects the matter to be resolved promptly through the normal
administrative review process
Earlier:
The Pennsylvania PUC on May 21 issued tentative orders proposing to revoke the licenses of 7 retail energy suppliers, and several brokers, for either: (1) with respect to natural gas licensees, allegedly failing to pay either their annual or supplemental PUC fees through 2025, (2) with respect to natural gas licensees, allegedly failing to file an annual report, or (3) with respect to electricity licensees, allegedly failing to file proof of security in the format approved by the PUC.
The tentative orders are not final, and an entity's inclusion within a tentative order should not be construed as a finding that the entity has not complied with any rule or regulation. Similar prior tentative orders from the PUC have included erroneous information
Notably, the alleged compliance deficiencies alleged in the May 21, 2026 tentative orders are as of May 12, 2026, and ostensibly would not reflect any resolution of the matters beyond such date.
With respect to natural gas, the PUC alleged that 6 retail suppliers, and several brokers, have not paid either or both of their annual or supplemental fees through 2025, or have not filed a 2025 Annual Report
With respect to electricity, the PUC alleged that 1 retail supplier and 2 brokers have failed to file proof of security in the format approved by the PUC. Inclusion in the tentative order does not necessarily mean that an electric generation supplier (EGS), with such term including brokers, does not have the required security, but rather that the PUC alleges that the EGS has not demonstrated compliance in the specific manner required by the PUC.
Entities may challenge the draft findings of the tentative orders, or otherwise come into compliance by a deadline established in the tentative orders, in order to avoid license revocation
Such tentative orders are routinely issued by the PUC, and historically most active entities within a specific order demonstrate compliance by the deadline
The identity of the entities subject to the tentative orders can be found in the tentative orders linked below:
Electric tentative order - Docket M-2026-3059584
Natural gas tentative order - Docket M-2026-3059586
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PUC Proposes To Revoke Licenses Of 7 Retail Suppliers, Several Brokers
May 22, 2026
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Copyright 2026 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com
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