About Energy storage brokerage contract
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6 FAQs about [Energy storage brokerage contract]
What are the new rules for energy brokers & energy consultants?
The Commission directed implementation of these provisions in Case 23-M-0106. The new rules establish a registration process for energy brokers and energy consultants that requires an annual registration package consisting of a registration form, a $500 registration fee, and a demonstration of financial accountability.
When will the energy broker and energy consultant registration process end?
As of the start of business on August 2, 2024, the Department will cease posting further registration applications submitted by applicants on the Department’s Document and Matter Management (DMM) system. The energy broker and energy consultant registration requires the following steps:
Are energy brokers required to provide financial accountability?
Energy brokers and/or consultants are now required to register with the Department of Public Service by October 27, 2024. At this time, energy brokers and/or consultants are not required to provide financial accountability as part of their registration package. Read the Notice September 16, 2024
When do energy brokers have to register with the Department of Public Service?
On September 19, 2024, the Secretary of the Public Service Commission issued a notice extending deadlines in Case 23-M-0106. Energy brokers and/or consultants are now required to register with the Department of Public Service by October 27, 2024.
Do energy brokers & consultants need to submit a registration form?
Energy Brokers and Consultants are required to submit this registration form. Direct Employees of an Energy Broker or Energy Consultant are not required to submit this form as long as a registered Energy Broker or Energy Consultant is responsible for ensuring compliance.
Do energy brokers have to register with the New York State Public Service Commission?
Public Service Law §66-t requires energy brokers and energy consultants to register with the New York State Public Service Commission. The Commission directed implementation of these provisions in Case 23-M-0106.
