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PUC Staff Recommends No Changes to Utility’s Purchase of Receivable Program
On September 21, 2026, Staff of the Ohio PUC filed a report recommending no changes to Duke Energy’s purchase of accounts receivable (PAR) program at this time, despite a 50% increase in purchased competitive supplier receivables since 2023, reaching about $809 million in 2025.
Staff stated that competitive supplier PAR net charge offs represented only 15% of Duke’s total net charge offs and less than 0.25% of PAR receivables in 2025.
However, Staff recommended that if PAR accounts for a greater share of net charge offs in the future, Duke should examine whether collection costs associated with competitive supplier receivables should be recovered from competitive suppliers rather than through the existing customer funded recovery mechanism.
