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New York Utility Files New POR Discount Rates
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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, 2021
For electricity, Central Hudson's new POR discount is to be 0.81%, effective April 1, 2021, comprised of the Company’s actual three-year average net write-offs of 0.76 percent for 2018 through 2020, plus 0.05 percent to reflect other costs of the program.
The current electric POR discount is 0.85%
For natural gas, Central Hudson's new POR discount is to be 0.81%, effective April 1, 2021, comprised of the Company’s actual three-year average net write-offs of 0.76 percent for 2018 through 2020, plus 0.05 percent to reflect other costs of the program.
The current gas POR discount is 0.85%
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February 15, 2021
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Copyright 2010-21 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com
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