As you may have recently heard, effective September 1st, if you are not registered as a broker with the Public Utility Commission of Texas (PUCT), suppliers will no longer by allowed to accept agreements from brokers without a temporary registered broker ID or a permanent registered broker ID.
We want to ensure all of our clients have this information as soon as it was published!
- August 1st, revised form to be filed in Project 49711
- August 8th – Form filed and Interim form adopted
- September 1st – SB 1497 to take effect
Here is a little information about the bill
SB 1497 – Requires suppliers to only do business with LICENSED brokers. Upon submission of the form from the broker to the PUCT by or before September 1st, PUCT will issue the broker a temporary ID to continue doing business while the commission exercises their 60 day turnaround time to review and approve any broker submission
Your 5 steps to success!
1.) Go online and download the broker registration form here from the PUCT website
2.) Fill out the form (do so on a computer because you need to print 7 copies!)
3.) Print out 7 copies of the document
4.) Get your Affadavidt statement (on the broker registration form) Notarized
5.) Mail the copies into the PUC at
Central Records Filing Clerk
Public Utility Commission of Texas
1701 N. Congress Avenue
P.O. Box 13326
Austin, Texas 78711-332
One final step
If you are looking to find a business partner that will always be on the cutting edge of the Deregulated Energy industry, we welcome the opportunity to learn more about your business. Click here to schedule a Sparkplug demo today!
To see the TEPA posting on TX broker registration please click here