N.J. Admin. Code § 14:4-7.10A

Current through Register Vol. 56, No. 21, November 4, 2024

Section 14:4-7.10A - Transfer of a residential contract by a TPS

(a) When a TPS purchases another TPS, the accounts of customers of another TPS, or the TPS accounts are otherwise transferred to an affiliate company:

1. The customer shall be notified of the transfer in writing by the acquiring TPS at least 30 days prior to the effective date of the customer switch to the acquiring TPS;

2. The written notice shall advise the customer that the new TPS will serve the customer under the same terms and conditions as the prior TPS;

3. The written notice shall advise that a customer may choose another energy supplier or return to the LDC prior to the account transfer; and

4. The customer shall be served under the same terms and conditions as under the contract with the prior supplier except that the name, address, and other contact information for the TPS may change.

(b) When a TPS ceases operations and does not transfer its residential contracts to another TPS, the TPS shall notify its customers 30 days in advance of the effective date of the customer switch to the LDC. The notice shall contain a timetable for the customer to choose another energy supplier before defaulting to the LDC.

N.J. Admin. Code § 14:4-7.10A

Adopted by 49 N.J.R. 4015(a), effective 12/18/2017