N.J. Admin. Code § 14:4-5.3

Current through Register Vol. 56, No. 19, October 7, 2024

Section 14:4-5.3 - Application contents-initial electric power supplier or gas supplier license

(a) An application for an electric power supplier or gas supplier license shall include all of the information required by the instructions accompanying the application form for the appropriate license. The application form and instructions along with BPU contact information shall be available from the BPU through its website at www.nj.gov/bpu/.

(b) A complete application for an electric power supplier or gas supplier license will require an application form, completed as directed in the instructions that accompany the application form. The application form shall require the following types of information:

1. Information identifying the applicant and the applicant's business, including past and present name(s), address(es), and contact information for the company, dating back to its original formation and/or incorporation;

2. The name of the registered New Jersey agent that the business will retain, including the agent's physical New Jersey office address;

3. The appropriate application fee, set forth at 14:4-5.1 2;

4. Descriptive information regarding the applicant, and the applicant's business, including the business profile and history;

5. A list of services and/or products the applicant plans to offer in New Jersey;

6. Samples of documents that the applicant will use in the course of business, including a sample residential contract and material terms and conditions summary page;

7. Evidence of financial integrity, including records of and information on past financial dealings and conditions, and references from financial institutions;

8. A statement disclosing existing, pending or past adverse investigations, judgments, litigation, criminal charges or convictions, in New Jersey or in any other jurisdiction, against any of the following:

i. The applicant;

ii. Any corporate officers, directors, partners, or owners of the applicant;

iii. Any key operating personnel of the applicant; or

iv. Any person that owns or controls 10 percent or more of the shares of the applicant;

9. Any releases necessary to authorize the BPU to obtain or receive criminal history information;

10. A list of all affiliated TPSs, public utilities, and other persons;

11. A list of all persons, as defined at 14:4-1.2, that have a 10 percent or greater ownership interest in the applicant's business;

12. Any other information that Board staff requires for a particular applicant, in order to enable Board staff to evaluate compliance with this subchapter, or to ensure compliance with State and/or Federal law;

13. If the application is for an electric power supplier or gas supplier license, a certification, signed by an officer of the corporation, stating that the applicant is in compliance with the retail choice consumer protection rules at N.J.A.C. 14:4-7;

14. A certification, under oath, of truth and accuracy, signed by a corporate officer, partner, sole proprietor, or other appropriate legal representative of the applicant, attesting to the accuracy of the contents of the application, and to the fact that the sample contract and other material submitted as part of the application complies with all standards and rules applicable to the license and with this subchapter;

15. A certification, under oath, stating that the applicant is in compliance with all Federal Trade Commission (FTC) Telemarketing Sales Rules, including 16 CFR 310.4; and

16. A certification, under oath, stating that the applicant is in compliance with door-to-door Federal, State, and municipal solicitation standards, rules, and regulations.

(c) The acceptance and/or approval of an application does not constitute a determination that all of the materials submitted as part of the application comply with this chapter.

N.J. Admin. Code § 14:4-5.3

Amended by R.2012 d.091, effective 5/7/2012.
See: 43 N.J.R. 1150(a), 44 N.J.R. 1534(a).
In (a), updated the website address ; and in (b)12, substituted "Board staff" for "the Board" twice.

Amended by 53 N.J.R. 1573(a), effective 9/20/2021