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Unitil Files POR Trading Partner Agreement & Updated Tariffs
Unitil of Connecticut filed proposed trading partner agreement and tariff pages incorporating the POR program.
Among other things the filing includes: (1) “payment to Competitive Suppliers… shall be made monthly based on the combined average payment period for all Customers on Default Service and Consolidated Billing Service,” with the date to “be on the closest business day approximately equal to the mid-point of the billing month plus the average payment period from billing to utility receipt of Customer payments for the most recent calendar year prior to the annual filing”; (2) “The Company shall pay the Competitive Supplier the full amounts due from Customers for Generation Service, less the Discount Percentage Rate,” which is the sum of: (i) Administrative Cost Percentage; (ii) Past Period Reconciliation Percentage; and (iii) Uncollectible Percentage, “the total net write-offs for accounts in the Customer class receiving Default Service or Generation Service with Consolidated Billing Service”; and (3) regarding implementation of the POR program: (i) “The Company shall make a compliance filing with the Commission for the initial implementation of the POR Program setting forth the calculation of the DPRs for the Residential Service Class and the General Service Class as well as the payment date that will be in place for the first year or other initial implementation period”; and (ii) “The Company shall pay Participating Competitive Suppliers for existing accounts receivable of Customers billed under Consolidated Billing Service as of the commencement of the POR Program.”
Second phase hearing scheduled for January 28, 2025.
DE 23-002 (Opened 01/10/2023)
(Unitil Proposal To Implement A Purchase Of Receivables (POR) Program in its territory.
