The state’s new rules requiring energy marketers to guarantee savings for their customers have been put on hold by a state Supreme Court judge.
State Supreme Court Justice Kimberly O’Connor issued an injunction preventing the new rules from taking effect as scheduled on Friday. The injunction will delay the implementation of the new rules at least until the court holds a hearing on April 14.
The National Energy Marketers Association warned that the new rules would cause marketers to pull out of the residential market and return hundreds of thousands of customers to their local utility.
Several energy marketers and industry groups had urged the state Public Service Commission to give them more time to consider the new rules, issued late last month, but the commission declined.