Fair View Energy to Pay the Price for Acting as Unlicensed Commercial Broker
The Pennsylvania Public Utility Commission (PUC) voted 4-1 on November 9 to approve (Docket Nos. C-2016-2547502 and A-2016-2558553) a settlement with Fair View Energy– a commercial energy broker based in Fairview, Erie County.
The Joint Petition for Settlement, which was submitted by Fair View Energy and the PUC’s independent Bureau of Investigation and Enforcement (I&E), resolved allegations that the company acted as a broker or marketer of electric energy without being properly licensed by the commission.
Under the terms of the settlement approved today, Fair View Energy acknowledged the seriousness of the allegations and recognized the need to prevent the reoccurrence of unlicensed electric generation supply (EGS) brokering activities. Fair View will pay a total civil penalty of $25,000, payable to the Commonwealth of Pennsylvania, along with $350, related to the annual fee for serving as an EGS broker during the 2015 calendar year.
Finally, the commission voted 5-0 to approve a license application for Fair View to serve as an EGS broker/marketer. As part of the settlement, I&E supported the expedited treatment of Fair View’s license application proceeding.
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