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Nstar POR Discount Rates To Decrease, WMECO POR Discount Rates To Increase
Nstar and Western Massachusetts Electric Co. have filed with the Massachusetts DPU proposed updates to their purchase of receivables discount rates (standard complete billing percentages) to be effective May 1, 2016.
The Nstar residential POR discount is to decrease from 1.27% to 0.99%.
The rates remain subject to DPU approval.
The proposed POR discounts are:
This compares to the current POR discount rates of:
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March 21, 2016
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Copyright 2010-16 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com
Nstar - Proposed
Residential Commercial Industrial
Uncollectible 1.23% 0.17% 0.06%
Admin Cost 0.01% 0.01% 0.01%
Reconciliation -0.25% -0.05% -0.10%
Total 0.99% 0.13% -0.03%
WMECO - Proposed
Residential Commercial Industrial Other
Uncollectible 2.23% 0.20% 0.09% 0.00%
Admin Cost 0.00% 0.00% 0.00% 0.00%
Reconciliation 0.36% 0.05% 0.06% -0.03%
Total 2.59% 0.25% 0.15% -0.03%
Nstar - Current
Residential Commercial Industrial
Uncollectible 1.32% 0.21% 0.14%
Admin Cost 0.12% 0.12% 0.12%
Reconciliation -0.17% -0.01% -0.01%
Total 1.27% 0.32% 0.25%
WMECO - Current
Residential Commercial Industrial Other
Uncollectible 2.02% 0.14% 0.03% 0.05%
Admin Cost 0.00% 0.00% 0.00% 0.00%
Reconciliation 0.21% 0.01% 0.01% 0.02%
Total 2.23% 0.16% 0.04% 0.07%
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