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Nstar Files To Substantially Increase POR Discounts
Nstar (Eversource) files with the Massachusetts DPU proposed new standard complete billing percentages (SCBPs), or purchase of receivables (POR) discount rates, proposed to be effective May 1, 2025
On behalf of NSTAR Electric Company d/b/a Eversource Energy (“Eversource” or the “Company”), please find attached the Company’s request for approval of consolidated POR discount rates by customer class for effect May 1, 2025, and supporting schedules, provided as Exhibit ES-1. The POR discount rates presented in Exhibit ES-1 are submitted consistent with the Section 8B.2.b of the Company’s Terms and Conditions – Competitive Suppliers and Competitive REA Suppliers and Terms and Conditions – Competitive Suppliers (together, the “Terms and Conditions”), effective January 1, 2025, as approved by the Department of Public Utilities (the “Department”).
The Company’s Proposed Consolidated SCBP Discount Rates are provided below:
Proposed Consolidated SCBP Discount Rates
Customer Class Combined – 2025
Residential 1.55%
Commercial 0.65%
Industrial 0.41%
Other Incorporated in Commercial
Pursuant to Section 8B.2.a of the Terms and Conditions, the Company is also providing notice that the average historical payment periods that will be in place effective May 1, 2025, will be as follows:
- EMA (all classes) – 35 Days
- WMA (all classes) – 39 Days
Request for Approval of Consolidated POR Discount Rates by Customer Class for May 1, 2025
(03/17/2025)
25-POR-02 (03/14/2025)
(Petition of NSTAR Electric Company d/b/a Eversource Energy pursuant to the Company’s Tariffs M.D.P.U. Nos. 4 and 5, § 8B.2.b for review and approval by the Department of Public Utilities of the Company’s Standard Complete Billing Percentages for effect May 1, 2025, under the Company’s Purchase of Receivables Program.)
