§ 54.41. Transfer or abandonment of license.
(a) A license may not be transferred without prior Commission approval. See section 2809(d) of the code (relating to requirements for electric generation suppliers). Approval for transfer shall be obtained by petition to the Commission. The granting of such a petition does not eliminate the need for the transferee to complete and file with the Commission an application that demonstrates the transferee’s financial and technical fitness to render service under the transferred license.
(b) A licensee may not abandon service without providing 90 days prior written notice to the Commission, the licensee’s customers, the affected distribution utilities and default service providers prior to the abandonment of service. The licensee shall provide individual notice to its customers with each billing, in each of the three billing cycles preceding the effective date of the abandonment.
Source The provisions of this § 54.41 amended September 14, 2007, effective September 15, 2007, 37 Pa.B. 4996. Immediately preceding text appears at serial page (247140).
Cross References This section cited in 52 Pa. Code § 54.123 (relating to transfer of customers to default service).
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