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Electric Utility Files Updates To POR Implementation Schedule
The Public Service Company of New Hampshire (Eversource) filed a further update concerning implementation of its new purchase of receivables (POR) program.
Eversource’s newly filed a POR schedule establishes a July 1, 2025 POR implementation date. This date remains contingent on all retail suppliers executing and returning to PSNH, by June 1, 2025, signed updated supplier service master agreements, reflecting UCB changes due to POR.
The July 1st POR start is also contingent on PUC approval of the initial POR discount rate by May 23, 2025.
The POR implementation is also contingent on completion of all necessary system upgrades and process modifications by Eversource. PSNH anticipates that all IT and billing system modifications will be completed and confirmed by June 20, 2025
From the Order:
{***} “On April 11, 2025, Public Service Company of New Hampshire d/b/a Eversource Energy (Eversource) filed a compliance tariff pursuant to Order No. 28,112 with an effective date of May 1, 2025. Having reviewed the filing, the Commission finds that the compliance tariff is consistent with Order No. 28,112 and New Hampshire Code of Administrative Rules, Puc chapter 1600. The Commission accepts the compliance tariff, which will be placed in our permanent file. Eversource may use a copy of the tariff filing submitted on April 11, 2025, to this docket as an authorized version of the tariff for its records.
So ordered, this sixteenth day of April, 2025.” {***}
Eversource Energy POR Implementation Schedule
Milestone/Action Item Date
PUC approval of initial DPR and payment date – May 23, 2025
ESSMA execution and return from all suppliers June 1, 2025
Eversource IT and billing system modifications & testing completed June 20, 2025 POR
Implementation Date – suppliers with signed ESSMAs and their customers will be moved to consolidated billing with POR July 1, 2025
Eversource to pay suppliers for existing accounts receivable of customers billed through consolidated billing service at the applicable DPR July 31, 2025
As previously reported, the utility has filed a residential POR discount (DPRcc) of 1.285%, and a non-residential POR discount of 0.274%.
Procedural Order Re: Tariff Compliance (04/16/2025)
Cover Letter (04/15/2025)
Implementation Schedule (04/15/2025)
DE 23-004
(Eversource Proposed Purchase of Receivables Program)
