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PSC Approves New BGE Purchase of Receivables Discount Rates; Residential Electric Discount Approaches 0%; Gas Discount Up Sharply
The Maryland PSC has approved new electric and natural gas purchase of receivables discount rates at Baltimore Gas & Electric, effective June 1, 2016.
For all customer classes except residential, the discount rate calculation results in a negative discount rate, which will be set at 0% consistent with PSC policy.
Baltimore Gas & Electric's new electric POR discount rates, effective June 1, 2016, are as follows:
BGE's new natural gas POR discount rates are as follows, effective June 1, 2016:
See Related Stories Today:
PSC Approves 20% Lower Residential POR Discount At Pepco; C&I Discounts Also Fall
Higher POR Discount Rate Approved At Delmarva
PSC Approves Lower POR Discount At Potomac Edison
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May 27, 2016
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Copyright 2010-16 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com
Current Discount 6/1/16 Discount
Residential 0.4764% 0.0359%
Type I 0.0000% 0.0000%
Type II 0.0000% 0.0000%
Hourly 0.0000% 0.0000%
Current Discount 6/1/16 Discount
Residential (Sch. D) 1.1889% 1.8989%
General Service (Sch. C) 0.0000% 0.0000%
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