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O&R Posts New Electric POR Rate, Uncollectible Components for MFCsEmail This StoryOctober
5, 2010Orange & Rockland has filed with the New York PSC updated uncollectibles factors
to be used in the electric Purchase of Receivables discount rate and Merchant Function
Effective November 1, 2010, the Uncollectibles Percentage and Risk Factor components
of the POR Discount Percentage shall be set at 0.402% and 0.080%, respectively.
The POR Discount Percentage for the period November 1, 2010 through October 31, 2011
shall be set at 1.392%.
The Uncollectibles Percentages used in the calculation of the Merchant Function Charges
are 0.598% for residential customers and 0.142% for non-residential customers, effective
November 1, 2010.
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