(a) The Commission shall license gas suppliers and shall have the same authority as the Commission has under § 7-507 of this title for electricity suppliers, including the authority to:

(1) revoke or suspend a license;

(2) impose a moratorium, civil penalty, or other remedy; or

(3) order a refund for or credit to a customer.

(b) The Commission shall adopt licensing requirements and procedures for gas suppliers that protect consumers, the public interest, and the collection of all State and local taxes.