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Regulator Approves 50% Increase In Residential POR Discount At National Grid (Rate Jumps To Over 2.5%)
The following story is brought free of charge to readers by EC Infosystems, the exclusive EDI provider of EnergyChoiceMatters.com
The Massachusetts DPU has approved new purchase of receivables discount rates (standard complete billing percentages) at National Grid, effective May 1, 2019.
As exclusively first reported by EnergyChoiceMatters.com, the residential POR discount rate will increase 50% to 2.58%, from 1.72%
The adopted May 1, 2019 National Grid Massachusetts POR discounts are:
For comparison, National Grid's current POR discounts are:
D.P.U. 19-POR-01
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Commercial Discount Falls 20%
April 30, 2019
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Copyright 2010-19 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com
Residential Commercial Industrial
Uncollectible 2.32% 0.75% 0.06%
Admin Cost 0.00% 0.00% 0.00%
Reconciliation 0.26% -0.07% -0.01%
Total 2.58% 0.68% 0.05%
Residential Commercial Industrial
Uncollectible 2.00% 0.81% 0.06%
Admin Cost 0.00% 0.00% 0.00%
Reconciliation -0.28% 0.02% -0.02%
Total 1.72% 0.83% 0.04%
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