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News Stories: Purchase of Receivable (POR)

December 24, 2024
Maryland

PSC Issues SCB Order Applicable To Residential Electric & Gas Contracts – No POR Going Forward 

From the Maryland Public Service Commission (PSC) Order: “In this Order, the Commission implements PUA §7-510(d), which states that as of January 1, 2025 “a residential…

December 16, 2024
New Hampshire

Utility Files Revised POR Master Agreement And Tariffs

Eversource filed revised master agreement and tariff incorporating the POR program. Among other things: (1) participating suppliers “shall be required to sell their…

December 9, 2024
Maryland

Parties File Comments On RESA’s Request For Clarification On Two SB1 Issues

In Maryland, comments were filed by Baltimore Gas and Electric Company, Delmarva Power & Light Company, Potomac Electric Power Company, The Potomac Edison Company,…

December 2, 2024
Maryland

Commission Files Notice Of Hearing And Opportunity To Comment In SB 1: Accounts Receivable Related To Residential Electric And Gas Supply

The Maryland Commission requests comments filed by close of business December 9th with a hearing to be conducted on December 11th. From the Maryland PSC Notice: [ *** ]…

Maryland

Commission Files Notice of Hearing and Opportunity to Comment on SB 1: Residential Accounts Receivable for Retail Electric and Gas Supply

The Maryland Commission requests comments filed by close of business December 9th with a hearing to be conducted on December 11th. From Notice: [ *** ] On November 20,…

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…

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