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PSC Approves Significant Increase in POR Discount For Certain Residential Customers

April 10, 2017

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

The District of Columbia has approved new purchase of receivables discount rates at Pepco, effective April 7.

Notably, the discount for All-Electric residential customers (Rate AE, including AE customers receiving the low-income assistance under RAD-AE) is over 2%. Previously, the Rate AE discount (which was solely for Rate AE customers, set prior to the elimination of the RAD-AE specific SOS rate classes) is 0.8%.

The new POR discounts at Pepco (D.C.) are as follows, by SOS, or market-priced service, rate schedule:

Rate Class                  Prior     New (4/7/17)
R, Including Rider RAD      0.0000%*  0.0000%
AE, Including Rider RAD-AE  0.8081%*  2.0608%
R-TM                        0.0000%   0.0000%
GS-LV ND, T, SL,
   TS, TN (SOS)             0.0000%   0.0000%
GS-LV, GS 3A, GT LV, 
   GT 3A, GT 3B, RT (SOS)   0.0000%   0.0000%
GSLV-ND, GS-LV, GS 3A, 
   GT LV, GT 3A, T, SL, TS 
   (Market-Priced Service)  0.0419%   0.0307%

*Note: Prior discount reflects POR discount for Rate R and AE, respectively, without Riders RAD or RAD-AE, as RAD or RAD-AE previously had their own unique discount as the result of being separate SOS rate classes. As previously reported, in adopting portable low-income assistance, the PSC ended the separate SOS rate classes for RAD and RAD-AE customers

Rate classes with a 0% POR discount reflect Pepco "zeroing out" and negative discount rates which would have otherwise resulted from the discount calculation

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