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Commission Issues POR Order Approving Washington Gas Lights Request To Revise Discount Rate And Reconciliation Factor Components
From Order:
By this Order, the Public Service Commission of the District of Columbia (“Commission”) approves Washington Gas Light Company’s (“WGL” or “Company”) request to revise the discount rate and reconciliation factor components of its Purchase of Receivables (“POR”) program. This revision applies to Rate Schedule No. 5, Component Nos. 1 through 9 of its General Regulations Tariff. The revised POR discount rate will become effective upon publication of the Notice of Final Tariff in the D.C. Register. Finally, the Commission approves WGL’s use of 2022 Residential Bad Debt Expense and Late Fees as a proxy for calculating the 2024 Residential POR discount rate. [ *** ]
Order (07/29/2024)
WGPOR-2024-01-G (04/05/2024)
(In The Matter Of The Investigation Into The Establishment Of A Purchase Of Receivables Program For Natural Gas Suppliers And Their Customers In The District Of Columbia)
