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BGE Residential Electric POR Discount To Increase; Gas Discount To Decrease

May 2, 2017

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

Baltimore Gas & Electric has filed with the Maryland PSC new purchase of receivables discount rates for the period beginning June 1, 2017.

Baltimore Gas & Electric's proposed new electric POR discount rates, to be effective June 1, 2017, are as follows:

        Current Discount      6/1/17 Discount
Residential      0.0359%      0.2350%
Type I           0.0000%      0.0000%
Type II          0.0000%      0.0000%
Hourly           0.0000%      0.0000%

BGE's proposed new natural gas POR discount rates are as follows, to be effective June 1, 2017:

                  Current Discount   6/1/17 Discount
Residential (Sch. D)       1.8989%    0.0000%
General Service (Sch. C)   0.0000%    0.0000%

Zero discount rates reflect the zeroing-out of negative discount rates which would otherwise result from the POR calculations, consistent with PSC precedent

Rates remain subject to PSC approval.

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