HomeSeptember 29, 2022
Texas PUC Formally Issues Proposal That Would Require $1.5 Million Letter Of Credit For Mid-Size Retail Electric Providers (Applicable To Existing REPs), Other Certification Changes
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The Texas PUC issued, without modification from a Staff recommendation, a proposal for publication to modify the retail electric provider certification rules
Major changes under the proposal include varying letter of credit sizes, based on ESI IDs, required for § 25.107(f)(1)(B) REPs, and new restrictions on who may control a REP
See our story here on the Staff recommendation for full details. There was no change to the Staff recommendation as the PUC issued the proposal for comment
Project 52796
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