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New York Utility File To Decrease POR Discount Rates

February 14, 2020

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Copyright 2010-20 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com

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Central Hudson Gas & Electric has filed new purchase of receivables (POR) discount rates with the New York PSC, to be effective April 1, 2020

For electricity, the new POR discount is to be 0.85%, effective April 1, 2020, comprised of the Company’s actual three-year average net write-offs of 0.73 percent for 2017 through 2019, plus 0.12 percent to reflect other costs of the program.

The current electric POR discount is 1.01%

For natural gas, the new POR discount is to be 0.85%, effective April 1, 2020, comprised of the Company’s actual three-year average net write-offs of 0.73 percent for 2017 through 2019, plus 0.12 percent to reflect other costs of the program.

The current gas POR discount is 1.01%

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