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Purchase of Receivables Denied in Ohio Retail Market Order
Rejecting a Staff recommendation, the Public Utilities Commission of Ohio will not require electric utilities to file plans to implement purchase of receivables.
Staff had recommended that the Commission order all electric utilities that currently do not offer a purchase of receivables program to file an application within one year of a Commission Order in the retail workplan proceeding to implement a POR program. Duke Energy Ohio is the only Ohio electric utility with a POR program, although as first reported by EnergyChoiceMatters.com, AEP Ohio has proposed a POR program as part of its next electric security plan.
"Although the Commission agrees that POR should be encouraged, we decline to adopt Staff's proposed method for implementing POR," PUCO said in its final retail market order.
"Rather, the Commission encourages each EDU to include in its next distribution rate case or SSO an application to implement a POR program or equivalent," PUCO said.
PUCO did direct the EDUs to work with retail providers through the newly-created Market Development Working Group (MDWG) to develop proper procedures for providing to retail providers the total customer payment amount, the amount billed by the retail provider, the amount of payment allocated to the retail provider, and the date payment was applied.
"The Commission finds that the electric utilities should also flag customers that are on a payment plan. The EDUs and CRES [retail] providers should work through the MDWG so that CRES providers will begin receiving this information no later than six months from the date of this Order," PUCO said.
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March 27, 2014
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Copyright 2010-13 EnergyChoiceMatters.com
Reporting by Karen Abbott • kabbott@energychoicematters.com
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