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News Stories: Purchase of Receivable (POR)

December 2, 2024
New York

O&R Files Updates To Gas POR Discount Rates

New York utility O&R filed an update to its gas POR discount rates that became effective on effective January 1, 2025.

October 14, 2024
Kentucky

Columbia Gas Files Proposed Settlement Agreeing to POR Rate Reduction

Columbia Gas filed a proposed settlement agreement in its current distribution rate case before the Kentucky PSC. Among other things, the parties agreed to a reduction…

September 30, 2024
Maryland

Utilities Want Residential POR to End in 2024 while Suppliers Want it to Continue

As reported previously, on September 30, 2024, the Commission issued a notice asking interested parties to file comments on staff recommendations regarding…

September 19, 2024
Maryland

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…

September 17, 2024
Maryland

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
New Hampshire

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
Maryland

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
Maryland

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
District of Columbia

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
Maryland

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”…

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