Current through all regulations passed and filed through December 11, 2023
(A)
Competitive
retail electric service (CRES) providers shall inform the commission of any
material change to the information supplied in a certification or certification
renewal application within thirty calendar days of such material change.
(1)
A CRES provider
shall file such notice under the docket number assigned to the CRES provider's
initial certification or most recent certification renewal application,
whichever is the most recent.
(2)
After notice and
an opportunity for a hearing, the commission may suspend, rescind, or
conditionally rescind a CRES provider's certificate if it determines that the
material change will adversely affect the CRES provider's fitness or ability to
provide the services it is certified to provide.
(B)
Material changes
to the information contained in or supplied with a certification or
certification renewal application include, but are not limited to, the
following:
(1)
Any significant change in ownership (being an ownership interest of five per
cent or more) of the applicant or CRES provider.
(2)
An affiliation
or change in affiliation with an electric utility in this
state.
(3)
Retirement or other long-term changes to the
operational status of generation resources relied upon by the provider to
provide retail electric generation service.
(4)
Revocation,
restriction, or termination of any interconnection or service agreement with a
transmission entity or electric utility relied upon by a CRES provider to
provide retail electric generation service.
(5)
The applicant or
CRES provider's bond rating falls below BBB as reported by Standard &
Poor's, or below Baa3 as reported by Moody's investors service.
(6)
The applicant or
CRES provider has or intends to file for reorganization, protection from
creditors, or any other form of bankruptcy with any court.
(7)
Any judgment,
finding, or ruling by a court or regulatory agency that could affect a CRES
provider's fitness or ability to provide service in this state.
(8)
Any change in
the contact person, business address, or telephone/fax number for staff use in
investigating complaints.
(9)
Any change in the contact person, business address, or
telephone/fax number for staff use in investigating regulatory or emergency
matters.
(10)
Any change in the business address, or toll-free
telephone/fax number for customer service and complaints.
(11)
Any change in
the applicant's name or any use of a fictitious name.
Replaces: 4901:1-24-10
