(1) Except as provided for in (2) and (3) ,
an applicant shall include the following information in an application for a
license to supply electricity:
(a) complete
business name of the applicant, and all names that may be used when marketing
electricity supply services to consumers;
(b) complete
street and mailing address of the applicant's principal office;
(c) if
intending to serve or solicit residential or commercial (under 300 kW) consumers, the address and direct, toll-free phone number of the department or
office that should be contacted by consumers regarding supply;
(d) the
name of a regulatory contact who should be contacted regarding the application,
and the address, direct phone number, fax number and e-mail address of that
person;
(e) the name
and business address of all applicant's officers and directors, partners, or
other similar officials, and a statement that neither the applicant, nor any
of its officers and directors, partners or other similar officials are
currently in violation of, and within the past three years have not violated,
any state or federal consumer protection laws or rules;
(f) descriptions
of the activities and purposes of applicant, including:
(i) customer segments which applicant intends to
serve or solicit (e.g., residential, small business (under 20 kW) , commercial,
industrial) ; and
(ii) a list of public utility and cooperative
utility electric distribution service territories in which applicant intends
to provide service or solicit customers;
(g) a list of
affiliates, a corporate organization diagram, a description of each affiliate's
activities and purposes, a description of any distribution facilities owned or
operated by an affiliate in the state of Montana and the status of open and
nondiscriminatory access to those facilities for all electricity suppliers;
(h) the
state(s) under which applicant is organized, the form(s) of organization
(corporation, partnership, association, firm, individual, etc.) , the date of
organization and duration, and a list of states where applicant is currently
licensed or registered to provide electricity supply;
(i) an
agreement that, on commission request, the applicant will demonstrate that it
has obtained generation capacity, power purchases and transmission rights
sufficient to deliver subscribed retail electricity services with adequate reserves;
(j) an
agreement to comply with reliability criteria established by the North
American electric reliability council and the western systems coordinating
council and mid-continent area power pool, as applicable;
(k) prior to
executing contracts with residential and commercial (under 300 kW) customers,
a demonstration of applicant's financial integrity through one of the
following:
(i) a long
term bond (or other senior debt) rating of BBB-, or equivalent debt or
credit rating, obtained in one of the following ways:
(A) the rating must be determined by standard and
poors, dunn and bradstreet information services, or another recognized U.S. or
Canadian debt or credit rating service, or
(B) the applicant may, at its own expense, obtain a
private rating from a recognized debt rating service, or request that an
independent accountant or financial advisor, mutually acceptable to the
commission and the applicant, prepare an equivalent evaluation based on the
financial rating methodology, criteria, and ratios for the industry as
published by the above rating agencies from time to time;
(ii) two years of audited financial statements; or
(iii) a $100,000 performance bond;
(l) most
recent annual report to shareholders; and
(m) copies of
standard forms or contracts used to provide service to residential and
commercial (under 300 kW) customers.
(2) An
electricity supply broker not taking title to electricity supplies but acting
as an agent or intermediary in the sale or purchase of electricity shall
include the following information in an application to supply electricity:
(a) complete
name of the applicant, and all names that may be used when marketing or
brokering;
(b) complete
street and mailing address of the applicant's principal office;
(c) the name
of the person to contact regarding the application, and the address, direct
phone number, fax number and e-mail address of that person;
(d) descriptions
of the activities and purposes of applicant, including:
(i) customer
segments which applicant intends to serve or solicit (e.g., residential, small
business (under 20 kW) , commercial, industrial) ; and
(ii) a list of
public utility and cooperative utility electric distribution service
territories in which applicant intends to provide service or solicit customers;
(e) a list of affiliates, a corporate organization
diagram, a description of each affiliate's activities and purposes and any
distribution facilities owned or operated by an affiliate in the state of
Montana and the status of open and nondiscriminatory access to those facilities
for all electricity suppliers; and
(f) a description of all ownership interests in any
supplier operations.
(3) A broker or marketer obtaining a license
pursuant to (2) of this rule may not sell retail electricity supplies in the
state of Montana, be an aggregator or engage in market aggregation by taking
title to electricity for sale to retail end-use customers unless it has
submitted the information listed in (1) of this rule and the commission has
determined the information to be complete and adequate.