Application Form For Parties Wishing To Offer, Render, Furnish, Or Supply Electricity Or Electric Generation Services To The Public In The Commonwealth Of Pennsylvania Page 22
ADVERTISEMENT
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31Appendix D
Page 1 of 2
Electric Generation Supplier License Bonds
Bonds submitted in order to satisfy the licensing process must comply with the following:
The bond in the amount of $250,000 should name the Pennsylvania Public Utility Commission
as the obligee or beneficiary, and should contain the following language:
This bond is written in accordance with Section 2809(c)(1)(i) of the Public Utility
Code, 66 Pa. C.S. § 2809(c)(1)(i), to assure compliance with applicable provisions of
the Public Utility Code, 66 Pa. C.S. §§101, et seq., and the rules and regulations of the
Pennsylvania Public Utility Commission by the Principle as a licensed electric
generation supplier; to ensure the payment of Gross Receipts Tax as required by
Section 2810 of the Public Utility Code, 66 Pa. C.S. § 2810; and to ensure the supply of
electricity at retail in accordance with contracts, agreements or arrangements. Payment
of claims shall have the following priority: (i) The Commonwealth; (ii) Electric
Distribution Companies for the reimbursement of Gross Receipts Tax; and (iii) Private
individuals. Proceeds of the bond may not be used to pay any penalties or fines levied
against the Principal for violations of the law, or for payment of any other tax obligations
owed to the Commonwealth.
The original and two copies of the bond must be submitted to the Office of the Secretary, Pa.
Public Utility Commission, P.O. Box 3265, Harrisburg, PA 17105-3265. The entry date of the
Commission’s Order will be the effective date for the license.
19
ADVERTISEMENT
0 votes
Related Articles
Related forms
Form Scc767/929 - Application For A Certificate Of Withdrawal Of A Foreign Corporation Authorized To Transact Business In Virginia - Commonwealth Of Virginia State Corporation Commission
Legal
Form Rev-1140 As - Little Cigars Shipping Report - Weight Of Little Cigars Shipped Into The Commonwealth Of Pennsylvania
Financial
Form Rev-1140 - Little Cigars Shipping Report Weight Of Little Cigars Shipped Into The Commonwealth Of Pennsylvania
Financial
Form Rv-f1300601 - Affidavit To The Commissioner Of Revenue For The Purpose Of Filing An Application For A Certificate Of Title Without Payment Of Sales Or Use Tax
Financial
Form Ia 1139-nol - Application For Refund Due To The Carryback Of Net Operating Losses And Alternative Minimum Tax Losses For Years Beginning Prior To January 1, 2009 Only
Financial
Related Categories
Parent category: Legal