Energy Choice
                            

Matters

Archive

Daily Email

Events

 

 

 

About/Contact

Search

Utility's Residential POR Discount Rate To Increase 60%, To Over 4%

March 17, 2017

Email This Story
Copyright 2010-17 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com

Western Massachusetts Electric Company (Eversource) has filed new proposed purchase of receivables discount rates (standard complete billing percentages) to be effective May 1, 2017.

At WMECO, the residential POR discount is to increase nearly 60%, from 2.59% to 4.13%

The rates remain subject to DPU approval.

The proposed May 1, 2017 WMECO POR discounts are:

              Residential  Commercial  Industrial  Other
Uncollectible    3.10%        0.13%       0.00%    0.00%
Admin Cost       0.00%        0.00%       0.00%    0.00%
Reconciliation   1.03%       -0.05%      -0.07%   -0.01%
Total            4.13%        0.07%[sic] -0.07%   -0.01%

Note that the Commercial discount figures appear to contain an error in either one of the individual components or the total as listed in WMECO's filing.

For comparison, WMECO's current POR discounts are:

              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%

See Related Stories Today:

Nstar Residential POR Discount To Increase

National Grid Residential POR Discount to Decrease, Commercial POR Discount To Increase

ADVERTISEMENT
NEW Jobs on RetailEnergyJobs.com:
NEW! -- Channel Manager, Sales -- Retail Supplier -- Houston
NEW! -- Regulatory Response I/C -- Retail Supplier -- Houston
NEW! -- Commercial Sales B2B -- Retail Energy
NEW! -- Brand/Marketing/Channel Manager -- Retail Energy
NEW! -- Business Development Professional -- Retail Supplier -- Houston
NEW! -- Senior Analyst -- Retail Energy -- Houston
NEW! -- Manager of Regulatory Affairs -- Retail Supplier
NEW! -- Channel Manager, Sales -- Retail Supplier
NEW! -- Implementation Manager -- Retail Energy -- Houston
NEW! -- Marketing Associate -- Retail Supplier -- Houston
NEW! -- Manager of Billing Operations
NEW! -- Directors: Telemarketing or Broker Channel Management - Retail Electric Supplier -- Houston
NEW! -- Analysts, Sales and Marketing - Retail Electric Supplier -- Houston
NEW! -- Managers, Sales and Marketing - Retail Electric Supplier -- Houston

Email This Story

HOME

Copyright 2010-16 Energy Choice Matters.  If you wish to share this story, please email or post the website link; unauthorized copying, retransmission, or republication prohibited.

 

Archive

Daily Email

Events

 

 

 

About/Contact

Search