Energy Choice
                            

Matters

Utility Files New Purchase Of Receivables (POR) Discount Rates, Start Date For New POR Program

October 24, 2018

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

The following story is brought free of charge to readers by EC Infosystems, the exclusive EDI provider of EnergyChoiceMatters.com

Washington Gas Light has filed with the District of Columbia PSC new discount rates for its new Purchase of Receivables (POR) program, as the result of a recent PSC decision on the composition of the discount rates

As only reported by EnergyChoiceMatters.com, the PSC recently rejected a proposal from WGL and retail suppliers to include recovery of incremental IT implementation costs for POR for the August 2018 to January 2019 period (about $300,000) in base rates

WGL filed with the PSC a new POR discount rate calculation indicating a residential discount rate of 3.836%, and a non-residential discount rate of 1.392%

WGL also said in its filing that it has set a POR launch date of January 2, 2019, contingent on final approval from the PSC

ADVERTISEMENT
NEW Jobs on RetailEnergyJobs.com:
• NEW! -- Sales Director -- Houston
• NEW! -- Director of Sales
• NEW! -- Energy Sales Representative
• NEW! -- Manager Business Field Sales -- Retail Energy
• NEW! -- Senior Energy Consultant
• NEW! -- Supply Analyst -- Retail Supplier
• NEW! -- Controller -- Retail Supplier -- Houston
• NEW! -- Outside Sales Executive -- Retail Energy
• NEW! -- Channel Sales Manager -- Retail Supplier
• NEW! -- Sr Analyst, Supply and Pricing -- Retail Supplier -- Houston
• NEW! -- Customer Retention Analyst -- Retail Supplier -- Houston
• NEW! -- Energy Market Analyst - Pricing & Trading
• NEW! -- Manager, Power Supply -- Retail Supplier
• NEW! -- Renewable Energy Sales Representative -- Retail Supplier