For energy brokers, it’s time to register with the Public Utility Commission of Texas (PUC).
Effective September 1, if you are not registered as a broker or aggregator with the Texas PUC, suppliers will no longer accept agreements from brokers without a temporary registered broker ID or a permanent registered broker ID.
Brokers who have not registered with the PUC need to download their application from the PUC’s application site. As a reminder, the applications must be mailed in with seven (7) hard copies of the application, and the affidavit form must be notarized.
SB 1497 Becomes Reality
The Sept. 1 deadline is the outworking of SB 1497, a bill that passed earlier this year calling for all brokers to be registered with the Texas PUC on or before Sept. 1.
Any broker that submits an application before Sept. 1 but does not receive a license by September will receive a temporary ID from the PUC.
Gov. Greg Abbott signed the bill on June 15, marking a win for Texas ratepayers for whom the bill added a layer of protection from unregistered brokers.
The Energy Professionals Association (TEPA) worked with the PUC to help form SB 1497. TEPA National Board President Huston Able told Energy Pages earlier this year his organization was pleased with the bill.
“(The bill) continues the advancement of the Texas retail energy market, and, at the end of the day, protects the consumer,” Able said.
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