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Update: Utility Revises Recently Proposed Update To POR Discount Rate, Increase No Longer Proposed
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Pepco in the District of Columbia has filed a revision to its proposed new purchase of receivables (POR) discount rates, such that it now proposes to maintain the residential POR discount at 0%, rather than increasing it to 1.2443% as previously reported
Pepco said in the filing that, "After further
investigation, two adjustments previously recorded in July and September 2020 Write-Offs
and allocated across all customer types were reclassed to Late Fee Revenues reversals for Large
Commercial customers. This revision impacted write-off and late payment factors for all rate
classes."
Specifically, the revised proposed new POR discounts for Pepco (D.C.) are as follows, by SOS or market-priced service rate schedule:
For all classes, the 0% discounts reflect the "zeroing-out" of negative discount rates that otherwise result from the discount rate calculation
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May 12, 2021
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Copyright 2010-21 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com
Rate Class Current July 1, 2021
Residential
R, MMA, Rider RAD 0.0000% 0.0000%
Small Commercial
GS-LV ND, T, SL,
TS, TN (SOS) 0.0000% 0.0000%
Large Commercial
GS-LV, GS 3A, GT LV, MGT LV,
GT 3A, GT 3B, RT (SOS) 0.0000% 0.0000%
Market Priced
GSLV-ND, GS-LV, GS 3A,
GT LV, MGT LV, GT 3A, T,
SL, TS 0.0000% 0.0000%
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