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PUC Sets Agenda For June 8 Electric Retail Markets Investigation

The Public Utility Commission this week released the agenda for its en banc hearing to examine the state’s competitive electricity retail market.  The hearing will be held at 1 p.m. June 8 in Hearing Room 1 of the Commonwealth Keystone Building, 400 North St., Harrisburg.
            “One of the great challenges for regulators is keeping up with the industries and markets they regulate,” said Chairman Robert F. Powelson.  “Our goal during this statewide investigation is to make recommendations for improvements to ensure a properly functioning and workable competitive retail electricity market exists in the state.”
            "This statewide investigation gives the Commission an opportunity to assess the status of the market and to make the necessary adjustments for a more robust electricity shopping experience for Pennsylvania consumers," added Vice Chairman John F. Coleman. “This investigation will detail how to best address and resolve the issues identified.”
            On April 28, the Commission officially launched the investigation into the state’s competitive electricity retail market.  The Commission will conduct the investigation in two phases.  The first phase is designed to assess the status of the current retail market and explore what changes need to be made to allow customers to best realize the benefits of competition.
            Written comments from all interested parties are required to be filed with the Secretary of the Commission no later than 4 p.m. on June 3.  Comments can be addressed to PUC Secretary, Public Utility Commission, P.O. Box 3265, Harrisburg, PA 17105-3265.
            At the conclusion of the first phase the Commission will initiate the second phase to examine and address how best to resolve the issues raised and implement the prudent changes identified based upon its review of the comments received.


5/30/2011

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