Potomac Edison Updates Discount Rate For Purchase Of Receivables
Potomac Edison is recommending that a residential POR discount rate of 4.5274% be made effective November 1, 2024. From Letter: [ *** ] In its June 12, 2024, letter…
News Stories: Purchase of Receivable (POR)
September 19, 2024
September 17, 2024
Commission Files Notice Of Hearing And Opportunity To Comment In SB 1: Accounts Receivable Related to Residential Electric and Gas Supply
The hearing is scheduled for October 2, 2024, with comments to be filed by September 30, 2024. From Maryland PSC Notice: On September 13, 2024, the Commission’s…
September 16, 2024
NHPUC Reschedule POR Hearing & Parties File Comments On TPA Agreement
In New Hampshire purchase of receivables proceeding, parties filed position statements on Unitil’s proposed trading partner agreement (TPA) and Terms and Conditions…
September 13, 2024
Staff’s Report Recommends Continuation of POR for Existing Residential Contracts With Periods Greater Than One Year and Mandatory Dual Billing for Other Contracts
In Order No. 91303 issued on August 27, 2024, the Maryland Commission directed staff to file a report with its recommendation regarding implementation matters related to…
September 10, 2024
Commission Files Order On Request For Clarification In SB 1
The Maryland Commission clarifies that January 1, 2025, is not definitively the “date certain” in Order 91303 for the elimination of residential purchase of…
September 6, 2024
Pepco Files Revised Supplier POR Discount Rate
From Pepco Revised POR Filing: [ *** ] Attached is Pepco’s revised POR Supplier Discount Rate using Residential Calendar Year 2022 Bad Debt Expenses and Late Fees…
September 3, 2024
RESA, CleanChoice Energy and NRG Energy File Request for Clarification of Order In SB 1: Accounts Receivable Related to Residential Electric and Gas Supply
From Maryland Supplier Coalition Request: [ *** ] The Supplier Coalition requests clarification on whether the Commission has set January 1, 2025, as the “date certain”…
August 30, 2024
Washington Gas Light Files Status Report On Purchase Of Receivables
From Washington Gas Light’s Status Report: [ *** ] Following the issuance of the Commission’s Order No. 91303 that eliminates residential POR, Washington Gas met…
August 29, 2024
Unitil Files Increase to POR Discount Rates
Fitchburg Gas and Electric (Unitil) in Massachusetts has proposed a large reduction to its residential purchase of receivables discount rate, under an annual update to…
August 27, 2024
Commission Issues Order On Implementation of SB 1 Requirements For Accounts Receivable
From the Maryland PSC Order No. 91303: [ *** ] ORDERED: (1) that as addressed herein, the provisions of COMAR 20.53.05.06 and 20.59.05.03 are hereby suspended effective…
