Utility Files Further Changes To Purchase Of Receivables (POR) Discount Rate, Modifies Rates From Originally Proposed Update

May 6, 2020

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

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Pepco and Delmarva in Maryland have modified their previously filed updates to their purchase of receivables (POR) discount rates to be effective June 1, 2020

The new changes to the proposed June 1, 2020 discount rates reflect corrections to the interest rate calculations for various months in 2019 (depending on utility)

At Pepco, the latest proposed POR discount rates are as follows, along with a comparison to current rates and the previously proposed update

            Current    Original   Updated 
            Discount    6/1/20     6/1/20 
                       Proposal   Proposal
Residential  0.6879%   0.1408%    0.1407%
Type I       0.0000%   0.0089%    0.0101%
Type II      0.0000%   0.0000%    0.0000%
Hourly       0.0000%   0.0000%    0.0000%

At Delmarva, the latest proposed POR discount rates are as follows, along with a comparison to current rates and the previously proposed update

            Current    Original   Updated 
            Discount    6/1/20     6/1/20 
                       Proposal   Proposal
Residential  2.0821%   2.1453%    2.1428%
Type I       0.0000%   0.0000%    0.0000%
Type II      0.0000%   0.0000%    0.0000%
Hourly       0.0000%   0.0000%    0.0000%

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