April 17, 2014
PURA Issues Interim Draft Decision Concerning Business and Marketing Practices of Retail Electricity Companies
Connecticut’s Public Utilities Regulatory Authority (PURA) today issued an interim draft decision in a matter concerning the business and marketing practices of companies engaged in the retail electricity market place.
In acting on Docket # 13-07-18, "ESTABLISHMENT OF RULES FOR ELECTRIC SUPPLIERS AND EDCS CONCERNING OPERATIONS AND MARKETING IN THE ELECTRIC RETAIL MARKET,” PURA said:
“The record in this proceeding demonstrates the need to take immediate steps to improve certain aspects of Connecticut’s retail electricity market. In this Interim Decision the Authority amends the definitions for rate plan offers, imposes immediate customer notification requirements on licensed Suppliers, and requires all Suppliers to update their company contact and agent information.”
PURA said it proposed action on key issues in this docket now so that when the decision is finalized, which is expected within the next several weeks, electric supplier would have time to adjust their offers and marketing materials so that consumers can make more informed choices before the summer season. The summer months are one of the peak periods for the use of electricity.
All other issues identified in this proceeding will be addressed in a subsequent Decision.