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Utility's Residential POR Discount Rate To Increase 60%, To Over 4%
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:
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:
See Related Stories Today:
Nstar Residential POR Discount To Increase
National Grid Residential POR Discount to Decrease, Commercial POR Discount To Increase
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March 17, 2017
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Copyright 2010-17 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com
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%
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%
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